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The prices of raw materials fluctuated, the increase of quotation weakened
2022-11-28

The “China • Keqiao Textile Index” 202201121 closed at 106.50 points, 0.19% down from the previous quarter flat year-on-year. Recently, textile sales of China Textile City decreased. The prices of raw materials and home textiles increased slightly, while grey cloth and apparel fabrics decreased, which pulled the current price index down.
Recently, the cold weather continued, and the winter fabric products in the market continued to maintain a strong sales momentum. The convening of the Textile Expo has introduced a large number of high-quality merchants to the market, making the market crowded and lively. Driven by this, the market of textile raw materials and grey fabrics continued to improve, with stable prices and smooth delivery of goods. In the next week, with the continuous emergence of the effect of the Textile Expo, the market will peak again, and the production and sales of merchants and enterprises will be booming, which will drive the market to continue to improve..
 
Raw materials quotation showed weak  
In the early stage, the international oil price market gradually stabilized, and this week the international oil price showed a slight adjustment trend. The stabilization of international oil prices has brought a wave of benefits to the prices of textile raw materials, especially chemical fiber raw materials. Although the demand for fabrics in China Textile City has risen recently, the demand for raw materials is still in a stable state. It is expected that under the steady trend of raw material prices, market demand will be effectively increased, market confidence will gradually recover, and market prices will be stabilized.
 
Grey cloth stocks increased slightly    
The grey cloth market has recently seen a small decline, mainly due to the temporary end of spot transactions and the lack of new orders for spring products. The intermediate gap formed by the market can be expected in the next two to three weeks. The speed of new spring varieties will increase rapidly. The tight market demand gradually eased. Due to the steady trend of raw material prices, the prices of chemical fiber grey fabrics on the market have steadily increased, and business operators have waited and watched, resulting in a decline in market transactions. As market outlook increases, market supply and demand will be balanced, and market transactions will rebound rapidly
 
Fabrics market increased stably
With the gradual start of the spring market sales season, the major fabric trading cities in China Textile City are showing a busy scene. The number of customers in the market is increasing, and the business operators have entered normal business activities after the market opened at the beginning of the year. Due to the steady increase in raw material prices, the psychology of chasing the rise in market transactions has shown an upward trend. The polyester and nylon varieties are more active in the market. It is expected that the prices will increase slightly in the later period, and the market transactions will gradually increase. The recent performance is insufficient, but the market demand in the later period is driven by market demand, and the trend is more optimistic.
 
Sales of home textiles decreased
The home textile market has recently failed to effectively balance market supply and demand, and market demand has been insufficient, and market transactions have shrunk significantly. In addition to the stable performance of bedding products with consumer demand and brand manufacturers’ orders, although prices of other home textiles can still be maintained, spot transactions and order purchases in the market have both declined slightly. Judging from recent market performance, the rebound of home textiles will Only as the weather heats up can there be significant improvement.
 
Clothing accessories market decreased slightly  
Due to the large demand for accessories, some garments replaced spot transactions in the form of orders, so the market for accessories declined slightly last week. With the entry of the winter market, the winter products in the accessories category will become the main force in the market. Merchants should make full preparations for the winter market. The price and sales volume of the lining market will steadily expand in the future.
 

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