Keqiao Textile Index 120827 Price Index Fell 0.04%

Recently, China

(600790, stock bar) traditional marketing is insufficient. Due to the weak international market demand, foreign trade textile and garment export orders are still relatively poor. Due to the rising labor costs, the profit margins of the public fabrics have been compressed correspondingly, resulting in some buyers' wait-and-see psychology increasing.

Analysis of major price indices of textiles

The 20120827 price index of China Keqiao textile index closed at 105.23 points, down 0.04% compared with the previous period.

The current price index fell 1.43% compared with the beginning of the year, down 3.14% last year.

Judging from the first class classification, the price index of raw materials and clothing fabrics decreased, and the total price index declined 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.

Analysis of the operation of the current price index

1. international oil prices are more volatile, polyester raw material prices are rising and falling, cotton prices continue to show rising trend.

Recent international crude oil prices are more volatile, upstream polyester raw materials PTA, MEG market price shocks rise, such as PTA East China market lower spot negotiable price in August 17th in 7980 yuan / ton, to August 24th in 8110 yuan / ton; MEG East China market lower spot negotiable price in August 17th in 7720 yuan / ton, to August 24th in 8100 yuan / ton; Jiangsu and Zhejiang semi light polyester chip cash acceptance low negotiation price August 17th in 9925 yuan / ton, August 24th to 9850 yuan / ton, the price center of gravity continues to show a downward trend.

Domestic cotton prices continue to show rising trend.

For example, the domestic grade 328 cotton was reported to be 18387 yuan / ton in August 17th, to 18430 yuan / ton in August 24th, up 43 yuan / ton; 229 grade cotton in August 17th received 19436 yuan / ton, August 24th to 19450 yuan / ton, up 14 yuan / ton.

2. polyester market continues to show a downward trend.

Recently, the polyester market of Qian Qing raw material market of China Textile City continues to show a trend of decline. The local market of polyester market has maintained a stable state. Most enterprises offer Ping Ping news, but the momentum of market sales continues to slow down. Turnover has declined compared with the previous period, and the production and sales rate has dropped by less than 60%.

The stock of polyester enterprises remained at a relatively low level, and there was a favourable negotiation space during the paction, but the scope was not large.

By August 24th, POY silk production and sales structure picked up, and some of them were popular. The price of POY silk varieties had been reported to rise or exploratory reduction measures were taken. But the polyester market as a whole was finishing sideways, DTY and FDY were mainly stalemate.

Because the market price of upstream polyester chips is mainly weak, the cost of polyester is insufficient.

Downstream enterprises wait for the raw material settlement price to come out, and the purchase amount of polyester has declined.

3. the quotation of pure cotton yarn has a steady increase, but the turnover is still plain.

Recently, the price of the upstream cotton market continues to rise, and the cotton futures market is mainly based on concussion.

Pure cotton yarn market continues to be in the maintenance stage, the market mentality is not good, the lower reaches are still on the waiting list, the paction situation is general, the order undertaking is still relatively insufficient.

The cotton mill still maintains the measures to reduce and stop production. The phenomenon of low price throwing is still taking place, but the stock is not big, the quotation is stably deadlocked, and the high matching yarn is slightly better.

The operating rate of some weaving mills is still small, but the situation is still not good for the downstream manufacturers. The market traders are still cautious about purchasing raw materials, and sell them with sales.

The market situation of the yarn Market in Shaoxing area is still inadequate, the marketing atmosphere is relatively calm, the marketing atmosphere is relatively general, and the price is basically stable.

China Textile City, Qian Qing raw material market, pure cotton yarn overall market situation is still relatively stable, partial weak and weak, price basically stalemate, low price varieties local rise; but partial turnover continued flat, manufacturers shipped generally.

China Light Textile City Qian Qing raw material market 21S pure cotton knitted yarn Anhui Huayang produced / first class August 17th main quotation 23500 yuan / ton, until August 24th the mainstream quoted price 23500 yuan / ton (the price basically deadlock).

32S cotton knitted yarn Anhui Huayang top / first class August 17th mainstream offer at 24500 yuan / ton, until August 24th, the mainstream quotation was 25000 yuan / ton (up 500 yuan / ton).

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4. gray cloth turnover slightly pushed up.

Due to the gradual growth of fabric sales, although the inventory rate of public grey fabrics is still relatively high, the sales of creative fabrics in the traditional market have increased slowly in the autumn, resulting in an increase in the number of marketable grey fabrics.

The start-up rate of weaving mills has increased, but some small textile factories are still relatively inadequate in volume, and some textile enterprises have made a small increase in grey cloth pactions, and orders have gradually increased.

In the near future, the turnover of blended fiber fabric showed a slight push up trend, and the price slightly pushed up, driving the price index of grey fabric to increase slightly; however, the turnover of natural fiber fabric showed a slight downward trend, and the price dropped slightly; the chemical fiber cloth turnover showed a slight downward trend, and the price declined slightly, which relatively restricted the pushing up of the grey cloth price index.

5., the fabric price index has dropped slightly, and the running volume of the public fabric has not shown enough.

Recently, the fabric market of the textile city has been sluggish, and sales of marketable autumn fabrics are selling well, but the volume of the fabric is not up to much.

In terms of the overall market, most cloth industry companies and large scale operation shops still have relatively large variety of hanging products, while the varieties of autumn clothing materials hanging on the market continue to increase, but the turnover is partially insufficient.

The trend of marketing differentiation is more obvious, and the turnover of some small and medium businesses in traditional market is insufficient.

6. curtain window screening pactions slightly promoted, counterpart creativity

Continue to be popular.

Recently, the curtain Market of textile market in Guangzhou city has increased, and the number of spot market has increased.

Curtain cloth spot pactions continue to increase, turnover size and volume, domestic sales increased locally.

Curtain cloth foreign trade demand batch is still relatively small, turnover volume is still relatively limited, the overall foreign trade volume is still insufficient.

The overall sales volume of the curtain wall fabric in the textile city rose sharply, and most of the prices remained basically, while some fabrics rose slightly.

Curtain cloth market trend upward trend, the overall market sales increased earlier.

7. foreign cross-border RMB investment starts in Shaoxing county.

In October last year, the Ministry of Commerce issued the notice on issues related to cross border RMB direct investment, allowing foreign investors to invest directly in China with legally acquired foreign currency.

Cross border RMB settlement has broken the limitation that foreign investors can only import foreign exchangeable currencies from abroad into the registered capital of foreign invested enterprises, and has added a new way of investment for foreign investment. The competent commercial departments at all levels have examined and approved cross-border RMB direct investment in accordance with the provisions and powers of the current foreign investment approval management, and the county commercial departments can approve the projects with RMB less than 300 million yuan or within the limits of approval authority.

After the notice was issued, Zhejiang Province seized opportunities, and the corresponding foreign-funded enterprises were established in the form of overseas RMB contribution.

In this regard, after preliminary exploration in Shaoxing County, the relevant departments started to handle related RMB settlement business recently.

Forecast of post market price index

Expected market outlook

In the traditional trading area and the trading area of the company, the autumn fabric will continue to move smoothly, the sales will continue to expand, the price will be stable, and the creative fabrics will show a slight upward trend.