China's Textile Market Is Still Shrinking, And The Price Index Has Dropped Slightly.

The textile price index of the 20190603 phase of the "Keqiao textile index" of China has been reported at 105.99 points, down 0.01% from the same month, unchanged from the beginning of the year, rising 0.06% over the same period last year.

Summary of China Textile City May


According to statistics monthly report: in May 2019, China Textile City's textile market volume was 705 million 800 thousand meters, up 0.86%, up 11.09% over the same period last year; total volume of 3 billion 46 million 790 thousand meters in 1-5 months, up 15.98% over the same period last year. In May, the turnover of textile market in China Textile City was 11 billion 132 million 600 thousand yuan, an increase of 0.25%, an increase of 10.10% over the same period last year, and a total turnover of 48 billion 238 million 270 thousand yuan from 1 to May, up 14.63% over the same period last year.


Recently, the marketing of China's Textile City market is still shrinking. Among them, the price of raw material market has dropped slightly, the market price of grey fabric has been shrinking slightly, the fabric price of fabric market has picked up slightly, the price of domestic textile products has gone up slightly, and the accessories market has picked up slightly.


First, raw material prices fell slightly, polyester ring ratio fell, pure cotton yarn market continued to be weak.


According to the monitoring, the price index of raw materials was reported at 84.26 points, down 0.35%, down 0.82% compared with the beginning of the year, rising 0.18% compared to the same period.


1, polyester raw material market shock retraction, polyester market is still down.


The polyester raw material price index declined this month. Upstream polyester raw material market shock back, the recent East China PTA spot mainstream 5625 - 5630 yuan / ton, MEG mainstream 4325 - 4328 yuan / ton, polyester chip market quotas continued to decline partly, Jiangsu and Zhejiang area semi - sliced cash or March acceptance of 6625 - 6630 yuan / ton. Xiaoshao polyester market continued to be flat, manufacturers quotations still fell, the market continues to be weak. The price of polyester staple fiber is down, and the central price of Jiangsu and Zhejiang 1.4D 38MM direct spinning polyester staple is 7600 yuan / ton. At present, the performance of the terminal textile industry is still weak, and the weakness of upstream PTA also has certain restrictions on its trend. Because the polyester staple fiber enterprises still have some stock pressure at present, the purchasing strength of the spinning mills in their own high inventory background is relatively limited, and the downstream is still cautious and wait and see. The market price of pure polyester yarn continued to decline, the market was tired, and inventories increased significantly. Although the prices in most regions still fell, the effect on order and inventory was limited. Most of the textile enterprises were mainly just needed replenishment, and the industry was pessimistic. The mainstream price of 32S pure polyester yarn in Jiangsu and Zhejiang was 12500 yuan / ton, and the mainstream price of 50S pure polyester yarn was 16800 yuan / ton.


2, pure cotton yarn market continues to be light, the price of cotton yarn is still falling.


Affected by the deterioration of Sino US trade, the upstream raw material prices have been gradually reduced to the downstream yarn. The yarn prices continue to decline in recent years, but the yarn prices are different. Pure cotton yarn has a steady decline, high branches and high distribution decreases, and low count yarn has a relatively large decline. Because of less orders, the inventory of enterprises has gradually increased. In recent years, most enterprises' inventories have increased by more than 20% compared with the same period last year, and the inventory of individual enterprises has exceeded 40 days. Recently, the market atmosphere of the pure cotton yarn Market in Xiaoshao area continued to be dull, and the quotations showed more weakness and continued to decline. Domestic cotton prices have slowed down, but the decline in cotton prices has not yet been fully transmitted to the lower reaches. It is expected that the price of cotton yarn will continue to stabilize or fall in the near future.


Viscose staple fiber market mainly fall, terminal weaving is still short of orders, industry inventory pressure continues to remain high, viscose staple market continues to empty. The price of cotton yarn has also been falling, and the market has not been able to buy or sell, and the terminal export pattern has yet to wait and see. With the drop in price of pure cotton yarn and polyester yarn, it is difficult for human cotton yarn to stand alone, and the recent decline will continue to expand.


Two, grey cloth market than the contraction, the price index fell slightly.


According to the monitoring, the price index of grey cloth was reported at 119.49 points, down 0.42%, a 0.88% rise from the beginning of the year, up 0.75% compared with the same period.


Grey price index showed a slight downward trend in this period. Recently, the summer gray cloth Market partial contraction, the order has declined, the popular grey fabric turnover than the small drop, the shipping speed slowed down. Among them: chemical fiber grey cloth spot transactions and orders and shipments fell, the price index showed a certain trend of decline, polyester yarn grey fabric, polyester spinning fabric, polyester crepe gray fabric, polyester linen fabric, polyester satin grey cloth transaction price volume fell, pulling the overall price index of gray cloth fell slightly. However, the price of blended fiber grey fabrics and natural fiber grey fabrics rose slightly, which restricted the decline of the overall price index of grey fabrics.


Three, the sales of clothing materials were higher than that of the chain, and the price index rose slightly.


According to the monitoring, the current price index of clothing fabrics has been reported at 116.89 points, rising 0.30%, rising 0.09% compared with the beginning of the year, down 0.36% from the same period.


Clothing price index rose slightly. Recently, due to the partial push up of downstream demand, the spot sales and order delivery of local fabrics increased in summer, and the fabric delivery in autumn increased slightly. Among them: polyester cotton fabric, polyester and viscose fabric, polyester / nylon fabric, polyester and ammonia fabric, nylon cotton fabric price volume increased unequal. Recently, the spot market volume of Jinjin cotton fabric in the textile city has been boosted, and the turnover has increased locally. The sales volume has been on the increase trend for a number of days. The spot sale and the delivery of the Jinmian fabric have increased in summer compared with the increase in the order and delivery.


Four, home textile marketing rebounded, the price index rose slightly.


According to monitoring, the current price index of home textiles closed at 101.87 points, up 0.23%, up 0.19% from the beginning of the year, rising 0.25% compared with the same period last year.


The price index of home textiles rose slightly this time. Recently, the home textile market of textile city has been rebounded, and local turnover has increased slightly. Up to now, the home textile marketing of textile city has rebounded partially, and the order quantity of the innovative color fabric has been rebounded. It has both fashionable elements. The spot sales and the order delivery of the creative products are liter than those of the small ones, and the price has risen slightly. Among them: Bedding transactions rose, the price index showed a slight upward trend; daily household textile business turnover rebounded, and the price index showed a slight upward trend; curtain market prices rose, the price index rose slightly; window screening transactions and order delivery were smaller than that of small orders; small batch and many varieties of color and flower pattern turnover were smaller than that of small ones, and the volume of small batch transactions increased slightly.


Five, the market is rising, and the accessories index has risen slightly.


According to the monitoring, the price index of clothing accessories this time has been reported at 133.28 points, rising 0.54%, rising 0.60% compared with the beginning of the year, rising 0.70% compared with the same period last year.


The price index of clothing accessories this month rose slightly. Recently, the market of clothing accessories in Textile City has been promoted, and the stock of downstream enterprises has increased slightly. The price index showed a significant increase, the price index showed a certain trend of increase; the rope type transactions increased significantly, the price index showed a certain trend of increase; the liner market was significantly increased, and the price index showed a certain trend of increase; the overall price index of the auxiliary accessories increased slightly.


Six, post market price index forecast


It is expected that the overall market of the textile city will show a downward trend. As the downstream garment production enterprises, home textile production enterprises have significantly reduced their orders for apparel exports to the United States, the textile market has a strong wait-and-see mood, and partly because of the long holiday of the Dragon Boat Festival, some north and South merchants will leave home every day, and the orders of the masses of the traders and weaving factories are decreasing. The weaving enterprises' opening rate is partly inadequate, and the output of printing and dyeing enterprises is shrinking.