Textile Down And Up List (11.02): The Price Of Bulk Commodity Spandex Is Strong, And The Price Index Of Light And Textile City Rises Slightly

In the recent week, the price of bulk commodity spandex is strong, while the prices of other PTA, polyester FDY, raw silk and other bulk commodities are down. In terms of China's light and Textile City, the market of textile commodities in the light and textile city will rise slightly in an overall way. It is predicted that the overall market of light and Textile City in the next period will show a trend of concussion and small drop.

According to the data of business agency, in the 43 th week (10.26-10.30) of 2020, there are two kinds of commodities in the list of commodity price rise and fall, including one commodity with an increase of more than 5%, accounting for 5.9% of the total number of commodities monitored in the plate; the top two commodities with the increase were spandex (5.08%) and viscose staple fiber (0.16%). However, there were 9 kinds of commodities that declined on a month on month basis, with PTA (- 3.30%), polyester FDY (- 3.02%) and raw silk (- 1.65%). The average weekly increase or decrease was - 0.44%.

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According to the evaluation and analysis of the 20201102 price index released by China Keqiao index, the report points out that:

In terms of raw materials, the price of raw materials increased slightly, polyester fell on a month on month basis, and the market of man cotton yarn rose on a month on month basis. According to monitoring, the price index of raw materials in this period closed at 80.36 points, up 0.30% month on month, 1.10% lower than the beginning of the year, and 1.92% lower than the same period last year. The price of polyester filament is affected by the negative effects such as the sharp fall of cost and the decline of downstream purchasing sentiment. The overall heat is down, and the market is weak. All products are in a downward trend this week, among which the decline of polyester FDY is more obvious.

Cotton yarn, pure cotton yarn sales shock small rise, people's cotton yarn prices rose month on month. Recently, the national policy of importing 500000 tons of Xinjiang cotton has been determined, which will also restrain the development of cotton prices, which will help to stabilize the market. As a result, the price of pure cotton yarn will fluctuate and maintain stability, and the prices of high price manufacturers will begin to decline. Therefore, at present, many textile enterprises are relatively cautious in purchasing, yarn prices are maintaining a high level and stable development, and the prices of local high price varieties have dropped compared with the previous market, but the yarn inventory of various manufacturers is still showing a downward trend.

Grey cloth, grey cloth market rose month on month, the price index rose slightly, the grey fabric price index showed a small rise trend. In the near future, the market promotion month on month, grey cloth manufacturers orders increased partially, grey cloth prices rose slightly. According to monitoring, the grey fabric price index closed at 120.15 points, up 0.43% month on month, 0.23% higher than the beginning of the year, and 0.12% lower than the same period last year.

In terms of clothing fabrics, clothing fabric sales fell month on month, the price index fell slightly, and the price index of clothing fabrics in this period fell slightly. According to the monitoring, the clothing fabric price index of this period closed at 116.72, down 0.19% month on month, 0.41% lower than the beginning of the year, and 0.03% lower than the same period last year.

Source: China · Keqiao index

Looking forward to the future, China · Keqiao index predicts that the overall market of light and Textile City in the next period will show a small drop trend. At present, the overall demand season is coming to an end, and the market will gradually become flat in November. Moreover, the epidemic situation in foreign countries is still severe. Some countries and regions in Europe and the United States once again take restrictive measures. There is still great uncertainty in the demand recovery. Textile enterprises also have concerns. They adopt the business strategy of more market-oriented atmosphere and production according to order. In the future, with the change of seasons, fabric transactions in autumn are down month on month, fabric transactions in early winter are partially up, orders in spring are relatively insufficient, startup rate of weaving enterprises is partially maintained, and output of printing and dyeing enterprises is partially increased. It is expected that transaction in traditional market will shrink back, and overall market transaction will show a trend of concussion and small drop.