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Market Quotation of China Textile City Falls This Week
2021-09-06

 

FC Index of Keqiao’s textile on September 6th was 108.08, down 0.07% from the prior week, up3.48% compared with the beginning of 2021, and up 4.10% compared with the same period last year.
The turnover of fabric markets of China Textile City reached 109.185 billion yuan from January to August in 2021, up 45.13% compared with the same period last year and the turnover of online markets of China Textile City reached 49.830 billion yuan from January to August in 2021, up 22.93% compared with the same period last year.
Market quotation of China Textile City falls this week. Amount price of raw material market falls compared with last week, amount price of grey cloth market rises compared with last week, amount price of garment fabric market’s cloth rises slightly, transaction amount price of home textile products rises slightly, and the price of accessories rises.
Firstly, raw material market falls compared with last week. The price of 100%cotton yarn falls compared with last week and the sales of spandex fall.
 FC Index of raw material is 89.16 this week, down 0.80% from the prior week, up 11.31% compared with the beginning of 2021 and up 15.76% compared with the same period last year.
1. The price of 100%cotton yarn falls, and the price of viscose yarn falls.
Market quote of 100%cotton yarn in Xiaoshan and Shaoxing falls and sales of it falls. The price of rotor spinning 10S 100%cotton yarn is 15400 yuan/ton, 100 yuan/ton lower than last week. The price of carded 32S 100% cotton yarn is 26895 yuan/ton, 205 yuan/ton lower than last week. The price of combed 40S 100%cotton yarn is 30300yuan/ton, 150 yuan/ton lower than last week. The price of cotton and cotton yarn falls and market of yarn becomes weak. The price of spot cotton market falls ,sales become flat and the market adopts the attitude of “wait and see”. The price of cotton yarn falls, so it is difficult to make a bargain and profit falls. Downstream grey cloth market is weak, the profit is small, risk of enterprises increases, and they can’t accept cotton yarn with high price. Global epidemic spreads, the price of international commodities rises and global transport capacity is unbalanced, so foreign trade textile orders pile up, bargaining power of export orders of textile becomes weak and and downstream pressure may eventually force the upper stream to cool down.
The raw material price of viscose staple fiber falls. The price of 1.5D×38mm viscose staple fiber is about 13050 yuan/ton, 100 yuan/ton lower than last week. The price of viscose yarn falls. Some kinds fall. The quote of 40S viscose yarn is about 18800yuan/ton, about 200 yuan/ton lower than last week. The quote of 30S viscose yarn is about 17750yuan/ton, about 50 yuan/ton lower than last week. The market of viscose staple fiber adopts the attitude of “wait and see”. Its price and sales fall. Market quotation of raw materials of viscose staple fiber falls, the price of staple fiber falls, and its atmosphere is flat. Downstream actual demands are few and replenishment of merchants of markets is few. Although the inventory of mills is not much, shipments are few, and they are not confident.
2. Market quotation of spandex falls, and the price falls.
The price of 40D spandex is 79000 yuan/ton, 1000 yuan/ton lower than last week. Spandex has fallen since late August. Downstream demands decrease and the price of spandex declines. BDO is overhauled at the beginning of September, but demands fall. The ability to accept the current high price of BDO is still limited, and the follow-up of spot purchase is slow. PTMEG is in a high position and pure MDI is in a weak position in the upstream raw material market of spandex. Shipments of elastic fabrics are few and downstream terminal textile is still facing the situation of insufficient capital and orders. Production enthusiasm of weaving factories decreases under the pressure of capital chain, and combined with current poor demands, there is still a negative expectation of the operation of weaving. The market is resistant to the spandex with high price, current inventory of spandex rises, and inventory of grey cloth is difficult to digest in the short term. Now the price of spandex has fallen, some traders sell spandex with a low price, but the overall price is still high. Terminal consumption of textile is insufficient and the operation of weaving is weak, the offer of most spandex factories has fallen. The offer range of spandex factories has gradually narrowed. Apart from the cost, demand is the most critical factor of the trend of spandex. If the demand is difficult to increase or even decreases, the market price of spandex is bound to fall.
Secondly, grey cloth market rises compared with last week and FC Index rises compared with last week.
FC Index of grey cloth is 122.55 this week, up 0.60% from the prior week, up 2.90% from the beginning of 2021 and up 1.21% compared with the same period last year.
Marketing rises compared with last week. Orders of grey cloth rise compared with last week. The price of grey cloth rises. Because downstream demand rises, the whole market of grey cloth rises, stocks increase and profits rise. Transactions and shipments of chemical fiber grey cloth rise compared with last week, and its FC Index rises. Transaction amount price of polyester yarn grey cloth, polyester grey cloth, polyester crepe grey cloth, polyester linen grey cloth and polyester satin grey cloth rises compared with last week. So total FC Index of grey cloth rises.
Thirdly, garment fabric rises sequentially, and FC Index rises.
FC Index of garment fabric is 116.87 this week, up 0.05% from the prior week, up 0.11% from the beginning of 2021 and down 0.09% from the same period last year.
FC Index of garment fabric rises slightly this week. Early September is the traditional peak season for orders and production of autumn and winter, and the inventory of downstream fabric enterprises has not accumulated significantly. Spot transactions and shipments of summer fabrics fall. Orders and shipments of autumn fabrics increase. Orders and shipments of early winter fabrics increase, and their FC Index rises. Transaction amount price of polyester fabric, polyester cotton fabric, polyester wool fabric , viscose fabric, viscose wool fabric and linen viscose fabric rises, so total FC Index of garment fabric rises slightly.
Fourthly, home textile market rises, and FC Index rises slightly
FC Index of home textile is 101.84 this week, up 0.19% from the prior week, down 0.18% from the beginning of 2021 and up 0.15% compared with the same period last year.
FC Index of home textile rises slightly this week. The sales of home textile market of China Textile City rise compared with last week and the price rises slightly. Spot transactions and orders of fabrics with creative color and patterns rise compared with last week. Spot transactions and orders of products with fashion elements rise compared with last week and their amount price rises slightly. Spot transactions and orders of beddings rise and their FC Index rises slightly. Spot transactions and orders of curtains rise and their FC Index rises slightly. Spot transactions and orders of window screens rise and their FC Index rises slightly. So total FC Index of home textile rises slightly.
Fifth, accessories market rises sequentially, and FC Index rises slightly compared with last week.
FC Index of accessories is 131.42 this week, up 0.11% from the prior week, up 0.34% from the beginning of 2021 and up 1.77% compared with the same period last year.
FC Index of accessories rises slightly this week. The market of garment accessories of China Textile City’s traditional markets rises. Stocks of downstream enterprises increase, market transactions rise compared with last week, transactions of spot goods and shipments of orders rise compared with last week and the price of accessories rises. Market and FC Index of thread ropes and garment linings rise. So total FC Index of accessories rises slightly compared with last week.
Sixthly, the forecast of FC Index of aftermarket.
The whole market of China Textile City next week is expected to fall. There are still many uncertain factors in the subsequent weaving market, with few positive factors and less confidence in the industry. Subsequent situation also depends on the trend of epidemic. The peak season in the second half of the year is likely to be weak if the situation of epidemic abroad isn’t improved significantly with a series of shipping problems, including high freight charges. Because domestic demands and external orders are few, downstream demands decrease, the market continues to fall. Supply of autumn fabric decreases, transactions of spot autumn fabric decrease and orders of early winter fabric decrease in some places. Purchases of traveling businessmen and marketing will fall. Marketing of aftermarket of China Textile City will fall and transactions of the whole market will fall.

Top 10 of rising

Top 10 of falling

1、thread ropes

2.35%

1、other chemical fiber

-4.02%

2、chemical fiber grey cloth

1.61%

2、linings

-2.85%

3、garment linings

1.13%

3、viscose

-1.37%

4、Viscose fabric

0.58%

4、belts

-0.98%

5、polyester wool fabric

0.53%

5、nylon fabric

-0.91%

6、beddings

0.51%

6、nylon cotton fabric

-0.88%

7、Viscose wool fabric

0.33%

7、lace

-0.74%

8、linen viscose fabric

0.26%

8、polyester

-0.43%

9、polyester fabric

0.18%

9、  polyester spandex fabric

-0.43%

10、curtains

0.17%

10、blended fiber grey cloth

-0.37%

 

Issued by: Ministry of Commerce, PRC
Prepared by: Construction Management Committee of China Textile City
Compilation Office of “Keqiao, China Textile Index"
Chinese site:http://www.kqindex.cn/
English site:http://en.kqindex.cn/
Phone:0575-84125158     Contact person:Wei Yinan
Fax:0575-84785651

All Rights Reserved 2008 www.kqindex.gov.cn Organizer: China Textile City Construction and Management Committee Index Office
Zip Code: 312030 Customer Hotline: 0575-84785651 84125158 Zhejiang ICP Record: No. 11013594-2
Research and Development Unit: Zhejiang Gongshang University Research Institute of Statistic Science
E-mail: kqindex@163.com Technical Support: GlobalTextiles.Com, Shaoxing College of Arts and Sciences Computer Science Department