The Textile Market Continued To Decline In April 2017, But The Decline Narrowed.

From the textile industry's foreign trade data, the market is showing signs of warming.

On the export side, the General Administration of Customs issued in March China's textile and clothing exports of US $20 billion 17 million, an increase of 23.03% over the same period last year.

Among them, exports of textiles, yarns, fabrics and products were 9 billion 98 million US dollars, an increase of 17.32% over the same period last year, and exports of garments and accessories reached US $10 billion 919 million, up 28.23% over the same period last year.

In the first quarter, China's textile and apparel exports totaled 54 billion 882 million US dollars, up 0.4% over the same period last year.

Among them, textile yarn, fabrics and products totaled 23 billion 263 million US dollars, an increase of 1.2% over the same period, and the total export of garments and accessories reached US $31 billion 619 million, a slight decrease of 0.1% over the same period last year.

At the same time, more than 1 million units of clothing, shoes and hats and needles in China in the first quarter

Retail sales reached 364 billion 800 million yuan, an increase of 6.2% over the same period last year.

With the increase in the load of caprolactam, the supply of raw materials in the field is more abundant, and Sinopec's listing price has been continuously reduced to 13000 yuan / ton.

And the downstream plate is very cold, with the consumption of inventory as the main factor, the actual turnover is very few.

Dong Huaying, a business analyst, believes that there is no clear downward trend in the short term, and is expected to continue to decline slightly in the short term.

In April, the price of PTA also shifted downward. As of 30, the average price of PTA spot market was 4828 yuan / ton, down 2.11%, down 2.38% compared to the same period.

In the first half of the month,

The overhaul of the \PX plant and the concussion of the downstream terminal textile concentrate after the Qingming holiday were mainly caused by the concussion.

But in the second half of the month, the domestic overall commodity atmosphere weakened significantly, and with the gradual opening of the PTA maintenance device, crude oil was weak, naphtha and PX were dragged down by the cost side, while downstream polyester production and sales dropped, and a lot of negative factors superimposed, resulting in a sharp decline in prices, which reached the lowest point in April 25th.

Xia Ting, a business analyst, believes that the PTA 5 month -6 month maintenance is more. In May, the domestic PTA plan overhaul capacity totaled 4 million 100 thousand tons, accounting for about 10% of the total capacity, PTA will continue to inventory.

Upstream PX expects the supply of PX in Asia will remain low in May, and the underlying space will be limited.

However, under the influence of high start-up and high inventory of downstream polyester, the willingness to receive goods is not large, and market sentiment is still relatively empty.

Meanwhile, the overall market climate of domestic commodities is relatively weak. Overall, PTA prices continue to remain weak in May.

Domestic cotton market prices showed a slight upward trend this month. As of 30 days, the average price of domestic market was 15938.71 yuan / ton, up 0.52% from the beginning of the month, rising 28.89% compared with the same period last year.

First of all, small and medium-sized in the mainland.

The demand for replenishment, especially the shortage of high quality cotton, has been rebounded in stages. As of April 28th, the total planned output of 1 million 183 thousand and 400 tons was up to 869 thousand and 700 tons, and the turnover rate was 73.49%. The highest price was 16500 yuan / ton, and the lowest price was 12810 yuan / ton.

Second, the futures market bottomed out to rebound, and on the 28 th, the settlement price of zhengmian 1709 contract was 15950 yuan / ton, up 3.60% from the beginning of the month.

In addition, the government's tax reduction measures, including cotton value-added tax will be reduced from 13% to 11%, from July 1st this year, the implementation of the national tax reduction measures theoretically reduce the circulation cost of cotton.

Sun Kuanghua, a business analyst, believes that at present, the volume of cotton reserves has increased, and the quality of domestic cotton has gradually decreased. Cotton prices will continue to improve, but the downstream cotton and grey fabrics are not enough.

In April, the price of nylon and viscose dropped sharply, which hindered the textile market from continuing upward.

As for May, the textile market still can not conceal the overall decline and decline.

Specifically, the chemical fiber market for PTA, enter the continued low processing fee makes factory maintenance will enhance, phased inventory efforts have increased, according to PTA currently announced maintenance plan is expected to go to inventory 200 thousand tons, but the cost constraint and downstream of the hot and weak PTA shock is weak.

Similarly, nylon and viscose, which are also surrounded by the upstream and downstream, will show a trend of steady and weak trend, while the price of polyurethane market is rising again at high cost.

Cotton textile market is expected to be warmer in the short term.

From the perspective of the textile industry, the domestic and foreign trade data are still good, but the sustainability is still to be verified, and the factors such as oversupply, declining orders and the overall weakness of the commodity market are all factors. In May, the textile index fluctuated at 880-920 points.

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