Raw Material Fabrics Continued Downward &Nbsp; &Nbsp; Price Index Fell Slightly.

General situation of fabric market this week

This week, the tradition of China's Textile City

The 20111031 price index of China Keqiao textile index closed at 108.24 points, down 0.35% compared with the previous period.

The current price index increased by 3.41% over the beginning of the year, up 7.91% last year.

Judging from the first class classification, the price index of raw materials and clothing fabrics fell unevenly and the total price index dropped slightly.

However, the price index of grey fabrics, home textiles, clothing accessories and other accessories increased unequal, which restricted the decline of the general price index.

1. international oil price shocks are rising, polyester raw material prices are rising and falling, cotton prices continue to slide.

International crude oil price shocks upward, upstream polyester raw materials PTA, MEG market price shocks rise, for example, PTA East China market lower spot negotiable price in October 21st in 8700 yuan / ton, to October 28th in 8950 yuan / ton; MEG East China market lower spot negotiable price in October 21st in 8770 yuan / ton, to October 28th in 9000 yuan / ton; Jiangsu and Zhejiang semi light polyester chip cash acceptance low negotiation price October 21st in 11550 yuan / ton, October 28th October 28th in 11400 yuan / ton, the price center of gravity continues to show a downward trend.

Domestic cotton prices continue to decline, for example, domestic 328 grade cotton in October 21st received 19623 yuan / ton, until October 28th, 19432 yuan / ton, down 191 yuan / ton; 229 cotton in October 21st reported 21027 yuan / ton, October 28th to 20837 yuan / ton, down 190 yuan / ton.

2., it is still necessary for small and medium-sized textile enterprises to get out of the predicament. The credit center of Shaoxing branch of ICBC is tilted to small and medium-sized enterprises.

The problems faced by the textile industry this year are very complicated.

Affected by the debt crisis in Europe and the United States, the international economic situation is generally in the doldrums, and domestic labor costs and other cost prices are rising. The fluctuation of raw material prices has greatly squeezed the profit margins of enterprises, loan interest rates and the financing difficulties of small and micro enterprises, and many other negative factors have led to the re shuffling of the domestic textile industry.

Although the international crude oil market is at a high level in recent years, the upstream polyester raw materials PTA and MEG market presents a rebound trend. However, the price of semi gloss polyester chips and glossy polyester chips continues to fall in Jiangsu and Zhejiang provinces, resulting in a recent decline in polyester polyester production and sales. The production and sales of polyester and polyester products in Jiangsu and Zhejiang provinces have increased and then decreased. The stock price has increased since the price of polyester has been reduced.

Cotton storage and storage speed is accelerating because cotton farmers have little choice but to sell cotton to the central storage cotton company at a price of 19800 yuan per ton.

The price is slightly higher than the market price, and the current market price of cotton continues to decline due to the weak demand from the textile industry.

At present, it is still time for small and medium-sized textile enterprises to get out of the predicament.

2. Shaoxing branch of ICBC is seeking more credit scale for small and medium-sized enterprises.

Shaoxing branch of ICBC has been cracking down on financing difficulties of enterprises and actively striving for larger credit scale. Credit centers are constantly tilting towards SMEs.

The Shaoxing branch of ICBC has supported the development of small and medium-sized enterprises, especially the strategic emerging industries. The number of new small business customers has increased by 141 yuan this year. The new loan has increased by 980 million yuan. The balance of small business loans has reached 6 billion yuan, accounting for 63.51% of the total loan balance.

This year, the Bank launched a "small business joint guarantee loan" product without collateral. As long as five enterprises or business households jointly guarantee, they can lend money from the bank.

In view of the characteristics of small businesses, such as wide range, short financing, frequent and fast financing, Shaoxing branch of ICBC also actively promotes products such as "net loan" and "small and micro loan", so as to meet the needs of small businesses to purchase equipment and raw materials in the most convenient way.

3. Xiao Shaochun cotton yarn prices remain stable and mutual marketing is still weak.

Recently, cotton prices in the upper reaches continue to fall and lack of strong support for downstream demand, resulting in some cotton varieties prices continue to fall.

Due to the weak demand in the lower reaches, the wait-and-see mentality is rising, the marketing of pure cotton yarn in Xiaoshao area continues to be slack, the turnover is low, the marketing atmosphere is still weak, and the stock pressure of the cotton mill is rising.

China Light Textile City Qian Qing raw material market 21S pure cotton knitted yarn Shandong silver high yield / first class October 21st mainstream quotation in 25000 yuan / ton, to October 28th mainstream quotation in 25000 yuan / ton (price basically stalemate).

32S cotton and high spun yarn Ji'nan honeysuckle produced first class goods. In October 21st, the main quotation was 28000 yuan / ton, until October 28th, the mainstream quotation was 27500 yuan / ton, (down 500 yuan / ton).

4. grey cloth turnover rose slightly.

Recently, the turnover of textile fabrics in light textile city has slightly rebounded. Due to the partial marketing of creative and fancy fabric marketing in the traditional market, the turnover of textile market in Textile City has slightly rebounded, and the turnover of natural fiber grey fabric and chemical fiber grey fabric has shown an uneven trend of increase. However, the recent grey fabric market of blended grey fabric still has a slight decline in recent days, and the price of popular fabric has fallen slightly.

In the autumn and winter, the amount of local pactions increased, and the price index of pulling fabric increased slightly.

5. the price index of clothing fabrics has declined slightly, and the turnover of popular fabrics has continued to be insufficient.

In terms of the overall market, the listing of finished products in autumn and winter continues to increase. Some of the former shops and factory stores and scale businesses are still moving smoothly in the autumn and winter because of the pformation and upgrading of products, and the partial turnover of differentiated autumn and winter fabrics is quite smooth.

However, because of the tight chain of funds and the compression of the profit margins, credit delivery business has been partially abandoned, and the demand for the international market is weak. The number of merchants in the market has not been fully subscribed. The price of the fabrics has been steadily reduced. The pure cotton fabrics, polyester fabrics, polyester and cotton fabrics, polyester and viscose fabrics, viscose fabrics, sticky fabrics, cotton and cotton fabrics and fashion fabrics have been showing an uneven trend of decline.

Next week's price index forecast

2011 China Keqiao International Textile Fair (Autumn) was held in from October 25th to 28th at the China Textile City International Convention and Exhibition Center. According to statistics, the 4 day Autumn Fair attracted more than 2.8 professional spectators to enter the field, which increased by 10.6% over the previous session, including 5791 overseas buyers. The turnover reached 5 billion 405 million yuan, an increase of 10.5% over the previous session.

It is estimated that the turnover of fabrics in autumn and winter will gradually increase in the traditional trading area and the corporatization trading area of the textile city.

However, sales of some small and medium-sized businesses are still fatigued. Due to weak international market demand, the list is still insufficient, and the price trend of the public fabric will remain stable.