Textile City Long Silk Cloth Continues To Grow

After entering the autumn twelve weeks, Shaoxing China Textile City has frequent customers, and the number of small and medium-sized businesses is growing. This week, the total sales volume of 14 kinds of long staple fabrics in the textile market in real estate market continued to increase compared with last week, a substantial increase over the same period last year.

For a week, Filament clothing cloth There are three kinds of demand for fabrics, accessories and children's toys. Knitted velvet fabric needs more money, larger size and higher volume, especially warp knitted fabric. foreign trade The urgent need for goods is urgent, and many production enterprises appear to be underestimated.

Owing to the shortening of the delivery time of warp knitted fabrics and the additional demand from the garment factories, the overall filament knitted fabric has been promoted more than last week and continues to be the main force in the growth of this week's long silk cloth.

Other accessories such as bags, accessories, imitation linen, imitation wool cloth, jackets fashion casual cloth. Elastic cloth There are new manifestations of yarn dyed fabrics, flannelette and web fabrics, and some of the marketable varieties are also coming into play due to the need for uniform foreign trade.

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ICE cotton futures fell on Friday, the most active December contract fell 0.29 cents, closing at 61.66 cents, the United States cotton is in the harvest period, and the weather is favorable, with the harvest of more than half of the progress and speed up, the impact of weather factors will gradually reduce, as a few of the recent factors will also lose its speculation significance, the market supply gradually increased, the main cotton producing countries in India and China are also in the harvest period, short-term supply will enter the peak, and China's import demand reduction may make global cotton export competition intensified. In addition, the US dollar strong strength rises, the US dollar index is close to 100, so that the price of commodity prices, including cotton, is under pressure.

The fundamentals of the market are bad. ICE cotton futures continue to go downhill and continue to overtake. The trend is weak. It is expected to continue to fall after December, and the contract price will be close to 60 cents in December.

The 1605 month contract of Zheng cotton futures closed at a low price last Friday, closing down 60 yuan, closing at 11625 yuan, closing about 153 thousand hands, and holding about 337 thousand hands. On the spot side, China's cotton price index 3128B cotton fell 12992 points last Friday, down 5 points. The recent replenishment of textile enterprises made the spot market slightly better, and the spot trading increased slightly. In terms of procurement, Xinjiang's high-grade cotton was the main factor, and the mainland cotton had no advantage in terms of price and quality. The downstream yarn has been slack, and demand has not fundamentally improved. Pre textile enterprises have limited procurement of lint, which is not enough to support a big rebound in prices. Zheng cotton futures weakened, low adjustment, short trend continued, the trend is still downward trend.