Domestic Textile Market Continued To Show Upward Trend In November.

According to the textile index, the domestic textile market continued to show an upward trend in November. As of November 30th, the textile index was 862 points, and constantly brushed the new high in the new year, up 1.5% from 849 at the beginning of the month, up 16.80% compared to the same period. The highest point of the period was 1074 (2013-02-19), a decrease of 19.74%, which was 20.56% higher than that of the 02 lowest point on 2016 17 at 715. (Note: cycle 2011-12-01 to date)

In terms of price, according to price monitoring, there were 16 kinds of commodities that were rising in the textile sector in the November commodity price fluctuation list, of which 3 were over 5%, accounting for 14.3% of the total number of commodities monitored. The top 3 commodities were nylon short fiber (17.84%), nylon POY (11.92%) and nylon DTY (7.09%). There were 5 kinds of commodities with a decrease of 5%, accounting for 4.8% of the total number of goods monitored. The top 3 products were viscose staple fiber (-6.72%), human cotton yarn (-3.86%) and dry cocoon (3A or above) (-3.65%).

Short term supply is tight to boost cotton prices

According to price monitoring, cotton prices rose steadily in November, breaking through the high level of 16021 yuan / ton, hitting a new high for the year. As of 30 days, the price was 15976.43 yuan / ton, up 4.25% from the beginning of the month, up 23.41% compared with the same period last year. Due to the large number of new cotton 10 listed, the seed cotton strong hand led the high cost of lint. Textile enterprises still have low prices of state-owned cotton stocks, new cotton prices listed on the contrary, the purchase will not be strong. In November, with the consumption of reserve cotton, the demand for market replenishment increased, and the purchasing intention was stronger. But for Xinjiang Zha Hua enterprises, due to the huge inventory cost between the mainland and Xinjiang, Relocation cost Relatively high, Xinjiang cotton is rarely spanported to the mainland. In November, the weather and the time when Xinjiang fruits and fruits came out of the Xinjiang valley together with the arrival of winter were also the period when coal and other energy came out of Xinjiang. Xinjiang's new cotton spanport capacity was limited and its cost was relatively high. The effective supply of cotton in the mainland market is tight at the same time. At the same time, the price of futures is pushed up by capital to boost spot prices. At the end of the month, Xinjiang cotton began to be spanported to the mainland gradually, and in 2017, the launch of the cotton reserve will start in March 6th. The market is expected to have a loose supply and cotton prices are showing signs of steady weakening.

　　 Cost push up chemical fiber sector nylon Industry leader

According to price monitoring, the chemical fiber sector rose collectively in November. Polyester filament was strongly supported by cost and hit a new high in the month. The upstream PTA spot price was quoted at 4959 yuan / ton at the end of 11 month, rising by 3.38% in the month, and the PTA futures once rushed to 5360 yuan / ton due to the active fund in the commodity market. During the month, Jiaxing Petrochemical 1 million 500 thousand ton / year device accident and Helen Petrochemical 1 million 200 thousand ton / year device jump short stop, and so on, PTA supply and demand fundamentals showed a tight pattern, at the same time by the implementation of crude oil production is expected to heat up, driving oil prices skyrocketing, to boost PTA prices. Domestic ethylene glycol market has increased by over 18% since October. Polyester filament is supported by upstream PTA and ethylene glycol upsurge, and the polyester filament factory inventory is low, and the start-up load is high, and the filament price continues to rise.

Among them, nylon staple is gaining momentum. By the end of 30, the mainstream price of nylon staple 1.5D in China has been reported to 16780 yuan / ton, up more than 17% from the beginning of the month, reaching a new high in the year, up 4.74% over the same period. Since the beginning of this year, the market of nylon staple fiber has been dropping down for 13800 yuan / ton in the middle of July, a record low of nearly 5 years. After entering a small rebound, after 8, 9, October, after a smooth adjustment, the market broke out in November. The main reasons are: first, the price of benzene continues to rise, and the cost boosts the whole industry chain. In particular, the price of benzene in November rose more than 15%, caprolactam manufacturers also actively followed up, the solid market (low-end goods) prices in the vicinity of 14500-15500 yuan / ton, up 2500-3500 yuan / ton earlier than the beginning of the month, and some manufacturers even closed up at the end of the month. Secondly, the supply of caprolactam is short. In November, there was partial supply gap, low inventory of manufacturers, under the pressure of cost, short stop, and tight spot market supply, resulting in rapid market upward. Finally, downstream terminals. Knitwear The overall demand for the market is slightly stretched, production and marketing remain stable, with the round machine lace wrapping field starting 3-5, and the warp knitting empty package still starting to reach 7 supporting demand.

Lack of market confidence, viscose staple continued to fall

According to price monitoring, the viscose market in November is at the end of the list, of which viscose staple fiber 1.5D mainstream specifications for 30 days, the price of 15400 yuan / ton, compared with the beginning of the month 16510 yuan / ton decline of 6.72%, up 6.45% over the same period. Viscose staple fiber bottomed at the beginning of this year, and then began to rebound, especially in the early July began the rapid stretching mode, which lasted until the end of September, breaking 17110 yuan / ton high, hitting a new high of 5. After a short concussion at the high, it opened the down channel in mid October and continued to decline in November.

The main reasons are: first, viscose staple fiber is not cold at high altitude. Viscose staple fiber has been at a historical high level after rapid stretching since July. It began to fall in late October. The price of 16510 yuan / ton is still at a historical high price, and the low price is in line with the basic law. Second, high inventory and low demand for downstream demand. Since November, manufacturers' inventory is at a high level, the downstream textile industry has been in the off-season, demand power is obviously insufficient, and the phenomenon of market oversupply is widespread. Finally, there is a lack of confidence in the market. Since the end of October, viscose staple fiber prices have continued to decline, while downstream cotton yarns are keeping up with the opening of the down channel, while the upper pulp staple continues to increase inertia. Viscose staple fiber market panic mentality spreads, the empty sentiment is rich.

For more information, please pay attention to the world clothing shoes and hats net report.