Comments

Marketing of Spring Market of China Textile City Rises This Week

date£º2021-04-12 author£º

 

FC Index of Keqiao’s textile on April 12nd was 107.82, up 0.14% from the prior week, up 3.23% compared with the beginning of 2021, and up 3.38% compared with the same period last year.

The turnover of fabric markets of China Textile City reached 49.375 billion yuan in the first quarter of 2021, up 74.71% compared with the same period last year and the turnover of online markets of China Textile City reached 108.76 billion yuan in the first quarter of 2021, up 48.06% compared with the same period last year.
Marketing of spring market of China Textile City rises this week. Amount price of raw material market drops slightly compared with last week, amount price of grey cloth market rise, 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 drops slightly.
Firstly, raw material market drops slightly compared with last week. The price of 100%cotton yarn falls slightly compared with last week.
 FC Index of raw material is 87.61 this week, down 0.15% from the prior week, up 9.38% compared with the beginning of 2021 and up 10.87% compared with the same period last year.
1.       Polyester market rises compared with last week and the price of polyester rises slightly compared with last week.
FC Index of polyester raw material rises slightly compared with last week. PTA stocks in East China are mainly 4440—4525 yuan/ton, 65—210yuan/ton higher than last week. MEG is mainly 5275—5322.5 yuan/ ton, 57.5—195 yuan/ ton higher than last week; Market quote of polyester chip rises compared with last week. Cash or acceptance of March of semi-gloss slice in Jiangsu and Zhejiang is about 6075 yuan/ton, about 75 yuan/ton higher than last week. The price of PFY in Xiaoshan and Shaoxing rises in some places and falls in other places and it is stable partly. Weaving factories have gone through the situation that the purchase of material for storing isn’t large, the price of raw material adjusts and the purchase of weaving products isn’t stable. Most traders are relatively cautious. It is expected that the price of polyester filament will rise slightly but transactions will not rise sharply.
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 13800 yuan/ton, which is about 20—30 yuan/ton lower than last week. The price of carded 32S 100% cotton yarn is 24125—24130 yuan/ton, about 90—135 yuan/ton lower than last week. The price of combed 40S 100%cotton yarn is  28055—28060 yuan/ton, about 40—65 yuan/ton lower than last week. Upstream cotton spot market falls, and deals and investments are not large. Market price of 100% cotton yarn falls¡£Transactions continue to be small. Downstream orders continue to reduce and transactions continue to fall.
The raw material price of viscose staple fiber is basically stable compared with last week. The price of 1.5D×38mm viscose staple fiber is about 15650 yuan/ton, which is the same as last week. Viscose market is influenced by cotton market. The price of rayon yarn falls compared with last week. The quote of 30S rayon yarn is about 18250—18300 yuan/ton, which is about 250—350 yuan/ton lower than last week. The quote of 40S rayon yarn is about 19600—19800 yuan/ton, which is about 100—500 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 rises compared with last week and FC Index rises.
FC Index of grey cloth is 123.65 this week, up 0.82% from the prior week, up 3.82% from the beginning of 2021 and up 2.78% compared with the same period last year.
FC Index of grey cloth rises this week. Marketing rises compared with last week after Tomb-Sweeping Day. Orders of grey cloth rise compared with last week. The price of grey cloth rises. Spot transactions and shipments of orders of Chemical fiber grey cloth rise compared with last week, and its FC Index rises. Transaction amount price of polyester yarn grey cloth, polyester grey cloth, polyester crepe grey cloth, polyester linen grey cloth and polyester satin grey cloth rises compared with last week. The demands of natural fiber grey cloth rise, and its FC Index rises slightly. Transactions of 100% cotton yarn khaki grey cloth, 100% cotton canvas grey cloth, 100% cotton poplin grey cloth and 100% cotton Paris yarn grey cloth rise compared with last week. So total FC Index of grey cloth rises slightly.
Thirdly, garment fabric rises slightly, and FC Index rises slightly
FC Index of garment fabric is 116.97 this week, up 0.07% from the prior week, up 0.20% from the beginning of 2021 and up 0.13% 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 and its amount price rises slightly. Spot transactions of spring garment fabric rise compared with last week. Orders and price of summer fabric rise. Transaction amount price of polyester fabric, 100% cotton fabric, polyester wool fabric, polyester nylon fabric, viscose wool fabric, nylon fabric, nylon cotton fabric rises, so total FC Index of garment fabric rises slightly.
Fourthly, home textile market rises slightly, and FC Index rises slightly.
FC Index of home textile is 102.08 this week, up 0.04% from the prior week, up 0.06% from the beginning of 2021 and down 0.01% 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 slightly sequentially. Spot transactions and orders of fabric with innovative color and patterns rise compared with last week and spot transactions and orders of fabric with fashionable elements rise slightly compared with last week and their amount price rises slightly. Spot transactions and orders of beddings rise compared with last week and amount price rises slightly. Spot transactions and orders of window screens rise compared with last week, and its FC Index rises slightly. So total FC Index of home textile rises slightly.
Fifth, accessories market falls sequentially, and FC Index falls slightly compared with last week.
FC Index of accessories is 131.82 this week, down 0.30% from the prior week, up 0.65% from the beginning of 2021 and up 2.26% compared with the same period last year.
FC Index of accessories falls slightly compared with last week. The market of garment accessories of China Textile City’s traditional market falls. As stocks of downstream enterprises decrease day by day ,market transactions fall compared with last week, transactions of spot goods and shipments of orders fall compared with last week and amount price falls slightly. Market and FC Index of thread ropes fall compared with last week. Market and FC Index of garment linings fall. 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. Transactions of the whole market will rise.

Top 10 of rising

Top 10 of falling

1¡¢chemical fiber grey cloth

1.85%

1¡¢thread ropes

-3.16%

2¡¢linings

1.59%

2¡¢garment linings

-0.67%

3¡¢lace

0.53%

3¡¢cotton and linen

-0.51%

4¡¢polyester wool fabric

0.39%

4¡¢viscose fabric

-0.47%

5¡¢nylon fabric

0.30%

5¡¢ polyester cotton fabric

-0.46%

6¡¢100% cotton fabric

0.25%

6¡¢blended fiber grey cloth

-0.39%

7¡¢viscose wool fabric

0.23%

7¡¢blended fabric

-0.27%

8¡¢polyester fabric

0.23%

8¡¢viscose

-0.25%

9¡¢beddings

0.21%

9¡¢linen viscose fabric

-0.22%

10¡¢belts

0.13%

10¡¢daily home textile

-0.22%

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