Comments

Marketing of Spring Market of China Textile City Rises Slightly This Week

date£º2021-04-26 author£º

FC Index of Keqiao’s textile on April 26th was 107.87, up 0.06% from the prior week, up 3.27% compared with the beginning of 2021, and up 3.57% compared with the same period last year.
Marketing of spring market of China Textile City rises slightly this week. Amount price of raw material market drops slightly compared with last week, amount price of grey cloth market rises 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 drops slightly.
Firstly, raw material market drops slightly compared with last week. The price of 100%cotton yarn rises slightly compared with last week.
 FC Index of raw material is 87.42 this week, down 0.14% from the prior week, up 9.14% compared with the beginning of 2021 and up 11.46% compared with the same period last year.
1.       Polyester market falls compared with last week and the price of polyester falls slightly compared with last week.
FC Index of polyester raw material falls slightly compared with last week. PTA stocks in East China are mainly 4490 yuan/ton, 10 yuan/ton lower than last week. MEG is mainly 4800—4877.5 yuan/ ton, 245—365 yuan/ ton lower than last week; Market quote of polyester chip falls compared with last week. Cash or acceptance of March of semi-gloss slice in Jiangsu and Zhejiang is about  5875—5975 yuan/ton, about 25—150 yuan/ton lower than last week. The price of PFY in Xiaoshan and Shaoxing falls. The quote of POY is 7550 yuan/ ton, 245—365 yuan/ ton lower than last week. The quote of FDY is 8550 yuan/ ton, which is the same as last week. The quote of DTY is 7550 yuan/ ton, 50 yuan/ ton lower than last week. At present, the terminal demand is the dominant factor influencing the market price of polyester filament. Downstream orders are few and it is difficult for buyers from overseas to make orders, so the price of polyester filament is difficult to rise.
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 6750 yuan/ ton, 100 yuan/ton lower than last week. The market of polyester fiber is not good, and the supply of it is expected to be stable. Because of downstream rigid demands, productions and sales of polyester fiber rise slightly, but the price of spot goods falls. Because of European and American pandemic and resistance to Xinjiang cotton, terminal orders are few. The profit of domestic textile industry is concentrated in the spinning part, and downstream enterprises don’t accept the rise of fabric price, so the price of yarn may fall and which may tie the polyester fiber down. Overall, we should accept the attitude of “wait and see”. Market quote of 100% polyester yarn is stable. The quote of 32S 100%polyester yarn is 7550 yuan/ ton, which is the same as last week. The quote of 45S 100%polyester yarn is 12800 yuan/ ton, which is the same as last week.
2.       The market of viscose is not good, and the price of rayon yarn falls compared with last week.
The raw material price of viscose staple fiber falls compared with last week. The price of 1.5D×38mm viscose staple fiber is about 15300 yuan/ton, 350 yuan/ton lower than last week. The price of rayon yarn falls compared with last week. The quote of 30S rayon yarn is about 17700 yuan/ton, which is about 300 yuan/ton lower than last week. The quote of 40S rayon yarn is about 18900—19100 yuan/ton, which is about 400—600 yuan/ton lower than last week. The market of rayon yarn is not good, the price of it partly falls and there are few orders. Upstream viscose staple fiber market is not good, downstream purchase requests are few, and factories and merchants mainly sell stocks.
Secondly, grey cloth market rises compared with last week and FC Index rises.
FC Index of grey cloth is 124.09 this week, up 0.47% from the prior week, up 4.19% from the beginning of 2021 and up 3.30% compared with the same period last year.
FC Index of grey cloth rises this week. Marketing rises compared with last week. 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 market and price of blended fiber grey cloth rise. Market amount price of TC yarn khaki grey cloth ,TC poplin grey cloth, polyester viscose grey cloth, polyester linen grey cloth, and nylon cotton linen grey cloth rises slightly. 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 117.11 this week, up 0.05% from the prior week, up 0.32% from the beginning of 2021 and up 0.09% 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 cotton fabric, polyester wool fabric, polyester viscose fabric, polyester spandex fabric, nylon fabric, linen viscose 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 101.98 this week, up 0.14% from the prior week, up 0.04% from the beginning of 2021 and down 0.10% 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 window screens rise compared with last week and amount price rises slightly. Spot transactions and orders of daily home textile 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 131.13 this week, down 0.93% from the prior week, up 0.12% from the beginning of 2021 and up 1.33% 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 linings fall compared with last week. Market and FC Index of garment linings fall. So total FC Index of accessories falls 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 fall. Labor Day is coming, so some merchants will return to their hometown. Transactions of spot goods and shipments of orders of spring fabric partly fall. The price of raw material is high this year, so downstream new orders and demands are few, the market is not good and the purchase of fabric will fall. Because orders of merchants and weaving mills decrease, supply of spring fabric of aftermarket decreases, transactions of spot goods and shipments of orders continue to fall, the rate of using machines of weaving enterprises falls and the output of printing and dyeing enterprises decreases. It is expected that the purchase of common products will fall. Transactions of the whole market will fall.

Top 10 of rising

Top 10 of falling

1¡¢polyester cotton fabric

1.57%

1¡¢linings

-2.57%

2¡¢chemical fiber grey cloth

0.72%

2¡¢garment linings

-1.31%

3¡¢window screens

0.64%

3¡¢polyester

-0.42%

4¡¢polyester vicose fabric

0.59%

4¡¢viscose fabric

-0.38%

5¡¢nylon fabric

0.55%

5¡¢ 100% cotton fabric

-0.33%

6¡¢thread ropes

0.51%

6¡¢beddings

-0.26%

7¡¢blended fiber grey cloth

0.49%

7¡¢polyester nylon fabric

-0.23%

8¡¢linen viscose fabric

0.41%

8¡¢nylon cotton fabric

-0.23%

9¡¢cotton and linen

0.37%

9¡¢viscose wool fabric

-0.18%

10¡¢polyester spandex fabric

0.33%

10¡¢blended fabric

-0.18%

 

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