China Light And Textile City: Knitting Fabric Business Lineup Shrinking On The Eve Of Market Closure

Recently, the traditional market of China's light and textile city has seen a significant decline in the spot market. As the counterpart merchants have left the market day by day, the purchase of knitted fabrics by customers around the country has been sparse. On the eve of the market closure, the traditional market was closed down in the afternoon of February 4.
On the eve of the closure of some large-scale stores, the knitted double-sided elastic T-shirt fabrics in spring and summer are mainly intermittent small and medium-sized batch delivery, knitting fancy decorative suede fabrics are still delivered by telephone, toy flannelette counterpart merchants are eager to process and ship, most of the knitted fabrics in the traditional market are no longer sold, and the whole market tends to be light in the early stage of transaction. Most of the batch prices of knitted fabrics traded in the spot market are basically stable, and the transaction prices of the batches in urgent need of processing are rising steadily.
Over the past few days, the spot transactions of 150dfdy × 150dfdy knitted circular screen printing fleece double-sided velvet, 150dfdy × 150ddty semi elastic knitting flat screen printing fleece double-sided cashmere and polyester knitted non inverted down have declined significantly. The spot transaction price of some old pattern warehouse surplus has been slightly reduced, but the prices of most varieties are basically stable. Some fabrics such as knitted dense velvet and knitted toy velvet woven with polyester FDY high-F raw materials, long and short knitted plush knitted with nylon, DTY low elastic yarn and viscose wool are still sold in batches. The spot price of fabric in stock has declined slightly. The order price of fabric in spring is still basically stable, and some small batch orders are abandoned.
On the eve of the market closure, the transaction volume of polyester filament knitted cashmere fabric decreased, while the transaction volume of knitted napped double faced cashmere and sheared single cashmere printing and dyeing varieties decreased significantly. Compared with the previous period, the marketing area of knitted and napped double-sided velvet was significantly reduced, and the spot transaction of each operator was significantly decreased. There were many kinds of disperse dynamic sales of dyeing and printing varieties of knitted and napped double faced velvet matching fabrics, and some fabric companies and large-scale business outlets were mainly to send small and medium batch orders for transactions in recent days. Compared with the previous period, the spot market volume of knitted fleece double faced cashmere has shrunk, and the transaction volume of block type knitted double faced velvet in the overall market has decreased compared with the previous period. The overall market turnover volume of knitted and napped double-sided cashmere decreased significantly.
On the eve of the market closure, the transaction volume of various kinds of knitted fabrics mainly made of polyester filament in the traditional market of light textile city decreased significantly. The transactions of various kinds of single-sided warp knitted fabrics, double-sided warp knitted fabrics, weft knitted single-sided plush and double-sided plush, as well as some warp knitted and knitted weft knitted stage fabrics, dropped significantly, and the transactions of dual-purpose mesh, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard, jacquard The overall turnover of knitted embroidered fabric, knitted burnt out fabric, knitted water melt fabric, knitted composite fabric, knitted flocked fabric, some knitted polyester / polyurethane elastic fabric and knitted polyester / polyurethane elastic fabric has been significantly bottomed out.
On the eve of the market closure, the spot purchase of traditional market is still difficult to meet the demand of counterpart merchants due to processing holiday and production stoppage. The overall market volume of polyester filament knitted fabric continues to accelerate the decline on the premise of earlier decline.
According to the usual practice in previous years, the traditional trading area of China Light and textile city will be closed from the afternoon of February 4 (December 23 of the lunar calendar) to 8 am on February 19 (the eighth day of the first lunar month) for a total of 14 days. According to the usual practice in previous years, the traditional trading area of the textile city will be closed in the afternoon of February 4 (December 23). In recent years, small and medium-sized textile factories have increased their holidays, and the operating rate has shrunk significantly, and the number of weaving and dyeing enterprises on holiday is increasing day by day.
The trading atmosphere of weaving Market decreased obviously, and the shutdown of weaving factories increased. Public health and safety incidents at home and abroad have escalated, worrying about slowing down the growth of demand and the shock and fall of international crude oil. In addition, some foreign workers have already returned to their hometown in advance. Local chemical fiber market prices have shown a downward trend. Market risks have increased, which has hit the enthusiasm of weaving factories, and the operating rate of weaving factories has declined rapidly. As the festival atmosphere of weaving Market is getting stronger, most weaving factories have already shut down, and the texturing factories have been shut down.
(correspondent: Jiang Jianren)