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Marketing of Spring Market of China Textile City Falls This Week

date£º2021-04-05 author£º

FC Index of Keqiao’s textile on April 5th was 107.67, down 0.14% from the prior week, up 3.08% compared with the beginning of 2021, and up 3.18% compared with the same period last year.
Marketing of spring market of China Textile City falls this week. Amount price of raw material market drops compared with last week, amount price of grey cloth market falls slightly, amount price of garment fabric market’s cloth rises slightly, transaction amount price of home textile products rises slightly compared with last week, and the price of accessories rises slightly.
Firstly, raw material market drops compared with last week. The price of polyester fabric falls compared with last week and the price of 100%cotton yarn falls compared with last week.
 FC Index of raw material is 87.74 this week, down 0.47% from the prior week, up 9.54% compared with the beginning of 2021 and up 10.73% compared with the same period last year.
1.       Polyester market falls compared with last week and the price of polyester falls compared with last week.
FC Index of polyester raw material falls compared with last week. The price of polyester fiber falls compared with last week. The price of 1.4D×38MM direct spinning polyester fiber in Jiangsu and Zhejiang is mainly 6775—6800 yuan/ ton, 125—150 yuan/ton lower than last week. The price of domestic polyester fiber falls, middle men sell their goods, stocks of downstream enterprises are enough but procurements are few before Tomb-Sweeping Day, outputs and sales of polyester fiber fall and the price of future goods and spot goods fall. The situation of supply and demand hasn’t been changed, the profit of industry continues to fall. Stocks of spinning factories and weaving mills are enough, terminal market is worried about trade situation. Because orders are not as many as expected, they are not willing to replenish goods and they adopt “wait and see” attitude. The profit of polyester fiber has dropped to a low level. The situation of industry chain is unclear, and enterprises buy goods when there are demands. Market quote of 100% polyester yarn in Zhejiang and Jiangsu falls compared with last week and 32S 100%polyester yarn is about 11840 yuan/ton, about 270—320 yuan/ton lower than last week. 45S 100%polyester yarn in Zhejiang and Shandong is about 13000—13100 yuan/ton, 200—300 yuan/ton lower than last week. The price of domestic 100% polyester yarn falls. Raw material stocks of yarn enterprises can be used until the first and middle ten days of April, they mainly complete orders before and after the Spring Festival, and they are not active in quoting. Sales of 100% polyester yarn are weak, the price of quoting and transaction falls, stocks are accumulated and its price is adjusted.
2.       The price of 100%cotton yarn falls compared with last week , and the price of rayon yarn falls compared with last week.
Market quote of 100%cotton yarn in Xiaoshan and Shaoxing falls compared with last week. The price of rotor spinning 10S 100%cotton yarn is 13820—13830 yuan/ton, which is about  150—200 yuan/ton lower than last week. The price of carded 32S 100% cotton yarn is 24220—24260 yuan/ton, about 490—630 yuan/ton lower than last week. The price of combed 40S 100%cotton yarn is 28100—28120 yuan/ton, about 460—580 yuan/ton lower than last week. Upstream cotton spot market and 100% cotton yarn market fall, deals and investments are not large and the price falls. Market transactions continue to fall. Downstream orders reduce and merchants cut prices which bring difficulties to yarn mills.
The raw material price of viscose staple fiber falls compared with last week. The price of 1.5D×38mm viscose staple fiber is about 15650 yuan/ton, down 100 yuan/ton compared with last week. The price and quote of viscose staple fiber fall compared with last week. The price of rayon yarn falls compared with last week. The quote of 30S rayon yarn is about 18500—18600 yuan/ton, which is about 750—900 yuan/ton lower than last week. The quote of 40S rayon yarn is about 19900—20100 yuan/ton, which is about 400—600 yuan/ton lower than last week. Because there are few orders in downstream domestic and foreign markets, rayon yarn factories and merchants mainly sell stocks and the market adopts “wait and see” attitude.
Secondly, grey cloth market falls compared with last week and FC Index falls slightly.
FC Index of grey cloth is 122.64 this week, down 0.45% from the prior week, up 2.97% from the beginning of 2021 and up 2.55% compared with the same period last year.
FC Index of grey cloth falls slightly this week. Marketing falls compared with last week because of Tomb-Sweeping Day. Orders of grey cloth fall compared with last week. The price of grey cloth falls slightly. Market of blended fiber grey cloth drops day by day and its FC Index falls. Transaction amount price of T/C yarn khaki grey cloth, polyester cotton poplin grey cloth, polyester viscose grey cloth, polyester linen grey cloth, nylon cotton linen grey cloth falls day by day. So total FC Index of grey cloth falls slightly.
Thirdly, garment fabric rises sequentially, and FC Index rises slightly
FC Index of garment fabric is 116.89 this week, up 0.09% from the prior week, up 0.13% from the beginning of 2021 and down 0.07% compared with the same period last year.
FC Index of garment fabric rises slightly this week. The sales of garment fabric of China Textile City’s fabric market rise compared with last week. Market transactions of innovative fabric rise slightly and its amount price rises slightly. Spot transactions of spring garment fabric rise compared with last week. Orders of summer fabric and its price rise slightly. Transaction amount price of polyester fabric, polyester cotton fabric, polyester viscose fabric, polyester spandex fabric, nylon fabric, hemp viscose fabric rises, so total FC Index of garment fabric rises slightly.
Fourthly, home textile market rises, and FC Index rises slightly
FC Index of home textile is 102.04 this week, up 0.26% from the prior week, up 0.02% from the beginning of 2021 and up 0.07% compared with the same period last year.
FC Index of home textile rises slightly this week. The sales of home textile market of China Textile City rise compared with last week and the price rises sequentially. Spot transactions and orders of fabric with innovative color and patterns rise and spot transactions and orders of fabric with fashionable elements rise compared with last week and their amount price rises slightly. Spot transactions and orders of beddings rise and amount price rises slightly. Spot transactions and orders of window gauze rise, and its FC Index rises slightly. Spot transactions and orders of daily home textile rise, and its FC Index rises slightly. So total FC Index of home textile rises slightly.
Fifth, accessories market rises sequentially, and FC Index rises slightly compared with last week.
FC Index of accessories is 132.22 this week, up 0.54% from the prior week, up 0.95% from the beginning of 2021 and up 0.75% compared with the same period last year.
FC Index of accessories rises slightly this week. The market of garment accessories of China Textile City’s traditional market rises. As stocks of downstream enterprises increase day by day ,market transactions rise compared with last week, transactions of spot goods and shipments of orders rise compared with last week and amount price rises. Market and FC Index of linings rise. Market and FC Index of garment linings rise. Market and FC Index of belts rise. So total FC Index of accessories rises slightly compared with last week.
Sixthly, the forecast of FC Index of aftermarket.
The whole market of China Textile City next week is expected to rise. Because orders of new style products of merchants and weaving mills increase, supply of spring and summer fabric of aftermarket increases, transactions of spot goods and shipments of orders of spring and summer fabric partly rise, the rate of using machines of weaving enterprises rises and the output of printing and dyeing enterprises increases. It is expected that the purchase of innovative products will rise. The transaction of the overall aftermarket will rise day by day.

 

Top 10 of rising

Top 10 of decreasing

1¡¢linings

1.88%

1¡¢thread ropes

-3.34%

2¡¢polyester viscose fabric

1.36%

2¡¢blended fiber grey cloth

-2.14%

3¡¢garment linings

1.33%

3¡¢cotton and linen

-1.17%

4¡¢belts

0.82%

4¡¢viscose wool fabric

-0.62%

5¡¢polyester spandex fabric

0.79%

5¡¢ polyester fabric

-0.41%

6¡¢beddings

0.68%

6¡¢viscose fabric

-0.29%

7¡¢polyester cotton fabric

0.50%

7¡¢lace

-0.28%

8¡¢window gauze

0.36%

8¡¢nylon cotton fabric

-0.23%

9¡¢natural fiber grey cloth

0.22%

9¡¢100% cotton fabric

-0.22%

10¡¢daily home textile

0.13%

10¡¢viscose

-0.21%

Issued by: Ministry of Commerce, PRC
Prepared by: Construction Management Committee of China Textile City
Compilation Office of “Keqiao, China Textile Index"
Chinese site£ºhttp://www.kqindex.cn/
English site£ºhttp://en.kqindex.cn/
Phone£º0575-84125158     Contact person£ºWei Yinan
Fax£º0575-84785651