Comment On Today'S "China Keqiao Textile Index"

China Keqiao Textile index 20200803 textile price index closed at 103.39, down 0.02% month on month, 1.66% lower than the beginning of the year, and 2.00% year-on-year.

Recently, the marketing of Chinese light and Textile City in summer continues to be weak, including: the market price of raw materials decreased slightly, the market price of grey cloth rose slightly, the price of cloth in clothing fabric market decreased slightly, the transaction price of home textile products rose slightly, and the market of auxiliary materials rebounded slightly.

1、 The price of raw materials decreased slightly, polyester rose slightly, and the price of pure cotton yarn decreased steadily

According to monitoring, the price index of raw materials for the current period closed at 76.37 points, down 0.24% month on month, 6.01% lower than the beginning of the year, and 7.99% lower than the same period last year.

1. Polyester market shock upward, polyester market rose slightly

In this period, the price index of polyester raw materials rose slightly on a month on month basis. PTA spot mainstream in East China is 3540 yuan / ton, MEG mainstream is about 3640-3645 yuan / ton, polyester chip market quotation is up month on month, and cash or March acceptance of semi glossy chips in Jiangsu and Zhejiang regions is about 4525 yuan / ton. The price of polyester filament in Xiaoshao Shaoxing region rose month on month. The price of POY rose by 75-120 yuan / ton, FDY price increased by 50 yuan / ton, and DTY price rose by 50-100 yuan / ton. The textile industry is still in the traditional off-season. At the beginning of the week, the polyester filament market remained weak, and the cost support in the second half of the week was strengthened. Downstream weaving factories began to purchase on bargain, boosting market trading. Mainstream factories in Jiangsu and Zhejiang increased 50-100 yuan / ton. Although the production and sales are only slightly better now, even if the production and sales are just a little better in the case of high polyester production, it can also slow down the growth of polyester inventory, and then support the price of polyester. It is a normal reaction for polyester prices to pick up a little after the continuous decline. However, if we want to say that it can continue to rise, whether from the perspective of its own fundamentals, downstream weaving or terminal clothing demand, it seems that they are more than capable. In the short term after the market, the price of polyester filament bottom shocks probability is larger.

Recently, the price of polyester staple fiber rose month on month. The center price of Jiangsu Zhejiang 1.4d × 38mm direct spinning polyester staple fiber was 5350 yuan / ton, with an increase of about 80 yuan / ton, and the center of transaction price rose month on month. In recent years, the market quotation of pure polyester yarn fell month on month, with 32S pure polyester yarn reported at about 9250 yuan / ton, while the quotation for 45s pure polyester yarn dropped by 50 yuan / ton on a month on month basis; the price of 45S pure polyester yarn was about 10400 yuan / ton, with a month on month decrease of 100 yuan / ton.

2. The price of pure cotton yarn is stable and the price of man cotton yarn is stable and soft

Under the influence of public health events and the adverse situation of Sino US relations, the spot price of cotton market fluctuated continuously, but the pure cotton yarn market failed to follow the market. This is undoubtedly a great pressure for textile operators who are still struggling to keep the machines running and the enterprises from collapsing. In addition to cotton cost and labor cost, the remaining profit is limited. The market and sales volume of high count cotton yarn are also cold. Textile enterprises of different sizes are sticking to the principle of fair price sales, and the inventory of raw materials and products is kept to the minimum. Xiaoshao area pure cotton yarn market quotation is basically stable, partial stable small drop, transaction is still weak. It is a normal market supply-demand relationship that cotton price is difficult to rise and cotton yarn is difficult to sell and rise due to sluggish consumption in textile and clothing markets. What enterprises can still do is to improve product quality, reduce production costs, and expect the epidemic situation and friction to pass as soon as possible.

Recently, the raw material price of viscose staple fiber has been stable and partially decreased. The actual central price of viscose staple fiber in the middle end of 1.5D × 38mm is about 8300 yuan / ton, and the price is about 50-80 yuan / ton. Recently, the price of people's cotton yarn has been stabilized and softened. The price of 30s people's cotton yarn is about 11730-11750 yuan / ton, and the price is about 120-150 yuan / ton; the price of 40s people's cotton yarn is about 12800 yuan / ton, and the price is about 200 yuan / ton; the market of people's cotton yarn is down month on month, and the price is still mainly depressed.

2、 Grey cloth market rose month on month, the price index rose slightly

According to monitoring, the grey fabric price index of this period closed at 120.88 points, up 0.13% month on month, 0.83% higher than the beginning of the year, and 1.50% higher than the same period last year.

The grey fabric price index of this period showed a slight upward trend. In the near future, the marketing has been promoted, and the orders of grey cloth manufacturers have increased slightly, and the price of grey cloth has risen slightly. Among them: the market of blended fiber grey cloth rose on a month on month basis, and the price index showed a slight upward trend. The market price of T / C polyester cotton yarn card grey cloth, polyester cotton poplin grey cloth, polyester viscose grey cloth, polyester hemp grey cloth and brocade cotton and hemp grey cloth rose month on month; The spot transaction and order delivery of chemical fiber grey cloth rose month on month, and the price index showed a slight upward trend, while the transaction price volume of polyester yarn grey cloth, polyester spinning grey cloth, polyester crepe grey cloth, polyester hemp grey cloth and polyester yarn dyed grey cloth rose link by month; the overall price index of grey fabric was slightly increased.

3、 Clothing fabric sales contracted month on month, price index fell slightly

According to monitoring, the clothing fabric price index of this period closed at 116.49 points, down 0.02% month on month, 0.61% lower than the beginning of the year, and 0.44% lower than the same period last year.

Fabric prices fell slightly in this period. Recently, due to the deepening of summer market, China Textile City fabric market clothing fabric sales continue to shrink, the price of mass fabric fell month on month, and the price of volume products decreased month on month. In the near future, clothing fabric spot transaction and order delivery fell month on month, and the price fell slightly month on month. Among them: the transaction price of pure cotton fabric, polyester fabric, polyester cotton fabric, polyester ammonia fabric, polyamide fabric and polyamide cotton fabric decreased unequally; the overall price index of clothing fabrics was slightly decreased. The unprecedented off-season is quietly changing many rules in the market. The sales of the whole textile market is weak, and the customers looking for samples and inquiry in the market are obviously less.

4、 Home textile market partial small increase, the price index rose slightly month on month

According to the monitoring, the home textile price index closed at 102.17, up 0.26% month on month, 0.70% higher than the beginning of the year, and 0.30% higher than the same period last year.

The price index of home textiles rose slightly on a month on month basis. Recently, light textile city home textile market transactions increased slightly, the price rose slightly month on month. Both fashion and spot orders increase the volume of innovative products. Among them: Bedding class spot transaction and order delivery significantly promoted, the price index showed a certain range of upward trend; daily household textile spot transaction and order delivery rose month on month, the price index showed a slight upward trend; the overall price index of home textile rose slightly.

5、 The market rose on a month on month basis, and the auxiliary material index rose slightly

According to the monitoring, the clothing accessories price index closed at 129.29, up 0.51% month on month, 1.88% lower than the beginning of the year, and 1.03% lower than the same period last year.

The price index of clothing accessories rose slightly in this period. In the near future, the market of light textile increased compared with the spot market, and the volume of goods increased. The clothing lining market rebounded on a month on month basis, and the price index showed a rising trend to a certain extent; the belt type market rebounded on a month on month basis, and the price index showed a slight upward trend; the overall price index of auxiliary materials rose slightly.

6、 Forecast of future price index

It is expected that the overall market of light and Textile City in the next period will show a small drop trend. Under the impact of the epidemic, domestic and foreign clothing brands have been affected. Some brands are facing bankruptcy, and some have to close many stores around the world. The global clothing industry is experiencing a cold winter and is facing industrial reshuffle. The prospect of terminal garment enterprises is worrying, and the demand for fabrics will be reduced. Due to the rise of temperature, the market will be weak in summer, the fabric supply in summer will be reduced month on month, the fabric purchase in autumn will be insufficient, the start-up rate of weaving enterprises will gradually decline, the output of printing and dyeing enterprises will drop sharply, the enthusiasm of North and South merchants for subscription will drop slightly, the market trend will be partial weak, and the overall market transaction will show a small fluctuation trend.