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The prices of raw materials increased slightly; as well as sales of fabrics

date2021-05-17 author
The “China • Keqiao Textile Index” 20210510 closed at 107.61 points, 0.21% down from the previous quarter flat year-on-year. Recently, textile sales of China Textile City decreased slightly. The prices of raw materials increased slightly, while grey cloth, apparel fabrics and home textiles decreased, which pulled the current price index down.
 
Raw materials quotation increased slightly  
In the early stage, the international oil price market gradually stabilized, and this week the international oil price showed a slight adjustment trend. The stabilization of international oil prices has brought a wave of benefits to the prices of textile raw materials, especially chemical fiber raw materials. Although the demand for fabrics in China Textile City has risen recently, the demand for raw materials is still in a stable state. It is expected that under the steady trend of raw material prices, market demand will be effectively increased, market confidence will gradually recover, and market prices will be stabilized.
 
Grey cloth quotation reduced
The grey cloth market has recently seen a small decline, mainly due to the temporary end of spot transactions and the lack of new orders for spring products. The intermediate gap formed by the market can be expected in the next two to three weeks. The speed of new spring varieties will increase rapidly. The tight market demand gradually eased. Due to the steady trend of raw material prices, the prices of chemical fiber grey fabrics on the market have steadily increased, and business operators have waited and watched, resulting in a decline in market transactions. As market outlook increases, market supply and demand will be balanced, and market transactions will rebound rapidly
 
Fabrics market increased stably
With the gradual start of the spring market sales season, the major fabric trading cities in China Textile City are showing a busy scene. The number of customers in the market is increasing, and the business operators have entered normal business activities after the market opened at the beginning of the year. Due to the steady increase in raw material prices, the psychology of chasing the rise in market transactions has shown an upward trend. The polyester and nylon varieties are more active in the market. It is expected that the prices will increase slightly in the later period, and the market transactions will gradually increase. The recent performance is insufficient, but the market demand in the later period is driven by market demand, and the trend is more optimistic.
 
Sales of home textiles increased
The home textile market has recently failed to effectively balance market supply and demand, and market demand has been insufficient, and market transactions have shrunk significantly. In addition to the stable performance of bedding products with consumer demand and brand manufacturers’ orders, although prices of other home textiles can still be maintained, spot transactions and order purchases in the market have both declined slightly. Judging from recent market performance, the rebound of home textiles will Only as the weather heats up can there be significant improvement.
 
Clothing accessories market increased
The apparel accessories market has been significantly affected by changes in demand from apparel processing manufacturers in the future. It is expected that the market outlook will still fluctuate slightly. With the firming of raw material prices, the downstream demand in the apparel lining market is strong. Although short-term transactions have increased, it is expected that there is plenty of room for a rebound in the market outlook. Although other auxiliary materials have changed, they are still in the rising stage.