China Textile City Price Index Rose Slightly, Polyester POY, Raw Silk, Polyester DTY Rose Top Three

According to the price monitoring of business agency, in the 50th week of 2020 (12.14-12.18), there are 12 kinds of commodities in the textile sector that have risen month on month. The top three commodities that have increased are polyester POY (4.21%), raw silk (3.62%) and polyester DTY (2.65%).

There were 0 kinds of commodities falling month on month. The weekly average was 1.15%.

According to the monitoring of the business agency, the price of polyester POY on December 18, 5840 yuan / ton, rose 235.71 yuan / ton in the latest week, up 4.21%, down 17.44% year-on-year; according to the monitoring of the business agency, the price of polyester DTY on December 18 was 7570 yuan / ton, up 195.45 yuan / ton in the latest week, a weekly increase of 2.65%, and a decrease of 13.68% on the same period. In early December, the ministerial meeting of the organization of Petroleum Exporting Countries (OPEC) and non OPEC oil producing countries reached an agreement. From January 2021, Member States voluntarily adjusted the scale of production reduction from 7.7 million barrels per day to 7.2 million barrels per day. Good cost boost, polyester filament factory volume and price rise. In terms of production and sales, the market of polyester filament in Jiangsu and Zhejiang provinces was hot in the first ten days of December. The average production and sales of mainstream large factories were 100% - 200%, and the production and sales of some better factories were as high as 300%. In terms of inventory, the overall inventory of polyester market is concentrated in 17-32 days, of which POY inventory is 4-11 days, FDY inventory is around 12-29 days, and DTY inventory is about 19-32 days.

Xia Ting, an analyst at the business agency, believes that crude oil shocks near the 9-month high, and the cost support still exists. However, under the trend of high inventory and difficulty in removing stocks in the future, PTA supply pressure is obvious, so the overall supply and demand remain pessimistic, and PTA market has the risk of weakening. In addition, in December, the terminal weaving industry has seen a gradual decline in the starting load after new year's day. After the winter order is digested, it will stop in large area during the Spring Festival every year. Therefore, the demand for the subsequent terminal will be low and the purchase of raw materials will be gradually reduced. On the whole, polyester filament market has downward risk, and it still needs to pay attention to cost and demand changes.

According to the monitoring of the business agency, the price of raw silk on December 18 was 314500 yuan / ton, which rose 11000 yuan / ton in the latest week, with a weekly increase of 3.62%, and a year-on-year decrease of 17.13%. After the double 11, double 12 and Christmas season order tide, the textile market in December returned to light, and the follow-up orders were insufficient. At present, the overall market had a correction, and the demand was slightly weak. However, the Spring Festival orders were prepared in advance, and some textile enterprises just needed to replenish their stocks, which played a certain role in boosting the silk price. If the demand continues to improve in the future, the silk price may have further room to rise.

Recently, the winter marketing of China's light and textile city has risen slightly, among which, the market price of raw materials has risen slightly, the market price of grey cloth has risen slightly, the price of cloth in the clothing fabric market has decreased slightly, the transaction price of home textile products has dropped slightly, and the market of auxiliary materials has risen slightly.

In terms of raw materials, the price index of polyester raw materials rose on a month on month basis. Due to the recent rise of PTA, MEG and polyester chips driven by international oil price, the cost pressure of polyester filament was highlighted, which stimulated a wave of market. The price of polyester filament continued to rise, the production and sales of polyester filament continued to expand, and the purchase of polyester filament by downstream textile factories continued to increase.

In terms of cotton yarn, the recent pure cotton yarn market sales rose month on month. Xiaoshao area pure cotton yarn market rose month on month, the quotation rose significantly. Cotton yarn price rise is mainly driven by the rise in cotton prices, but whether it can continue, is not clear. Market participants believe that this wave of market is mainly downstream replenishment at the end of the year, and whether consumer demand is increasing is still skeptical. However, many textile enterprises are generally optimistic about the future market. Recently, both domestic and foreign cotton futures have been rising, and the market has ushered in a wave of small climax. As the downstream gradually enters the stage of replenishment at the end of the year, the number of lint transactions has increased, and the domestic cotton spot has slightly increased. The weather in Xinjiang makes transportation costs rise, and the price of cotton rises accordingly. All kinds of reasons promote the increase of spinning cost, which leads to the general rise of cotton yarn price. Pure cotton yarn continued to rise. At present, the reaction is that the sales of medium and low-end yarns are better, while the high-end textile and clothing market is still poor, and the market performance difference among different varieties is still large.

Grey fabric, grey fabric price index in this period showed a rising trend. In the near future, the marketing has been pushed up, the orders of grey cloth manufacturers have increased slightly, and the price of grey cloth has risen slightly.

In terms of clothing fabrics, the price index of clothing fabrics decreased slightly. Recently, China Textile City fabric market clothing fabric sales fell month on month, market transactions fell slightly month on month. In the early winter, clothing fabric order delivery fell month on month, while in spring, the single link ratio decreased, and the price dropped slightly.

Home textile, home textile price index fell slightly. Recently, Textile City home textile market turnover fell, the price fell slightly month on month. The spot trading volume and order delivery volume of popular color pattern fabric decreased month on month, while the spot transaction volume and order delivery volume of running volume products decreased slightly month on month.

Accessories, clothing accessories price index rose slightly month on month. Recently, the clothing accessories market in the traditional market of light and textile city has been promoted month on month. Due to the increase in the stock of downstream enterprises, the market transaction volume has been promoted month on month, and the spot transaction and order delivery show a slight increase trend. The price index of clothing lining materials increased significantly, and the overall price index of accessories increased slightly.