Polyester Fluctuated Cotton Prices Fell &Nbsp; Textile Index Continued Down

This week, the tradition of China's Textile City

Analysis of major price indices of textiles

20111128 price of "China Keqiao textile index"

The current price index rose 1.94% compared with the beginning of the year, up 1.23% from the same period last year.

This period shows that the price index of raw materials, grey fabrics, home textiles, clothing accessories and so on has dropped from the first class classification, and the overall price index has been slightly down.

But the price index of clothing fabrics has risen slightly, which has restricted the decline of the total price index.

Operation of price index this week

International oil prices are at a high level, polyester raw material prices are rising and falling, and cotton prices continue to fall.

The international crude oil price is at a high level, and the price of raw materials PTA and MEG in the upstream market is mixed. For example, the lower spot price of the East China market in November 18th is 8100 yuan / ton, in November 25th, it was 8150 yuan / ton; in November 25th, the spot price in the East China market was lower than that in November 18th, which was 8250 yuan / ton in November 18th, and 7980 yuan / ton in November 25th; in the Jiangsu and Zhejiang semi light polyester chips, the acceptance rate of spot cash was lower than that in the November 18th, which was 9950 yuan / ton in November 18th, and 10000 yuan / ton in November 25th, and the price center of gravity showed a slight upward trend.

Domestic cotton prices continued to fall, for example, domestic grade 328 cotton was reported to be 19176 yuan / ton in November 18th, and 19087 yuan / ton in November 25th, down 89 yuan / ton; 229 grade cotton in November 18th was 20562 yuan / ton, November 25th reported 20396 yuan / ton, down 166 yuan / ton.

The debt crisis in Europe and the United States has dragged down textile exports, and small loan companies have eased the financing difficulties for small and medium-sized enterprises.

Weak demand in the international market, textile production and marketing want to shake up.

The eurozone debt crisis is worsening, the demand for German bond market is cold, and the cost of European government bond default insurance has climbed to a record high.

When the European debt crisis continues to ferment, the demand of European countries is seriously shrinking. Therefore, the medium-term prospects for China's textile industry will not be optimistic in the future. In addition, the unemployment rate in Europe and the United States is rising, inflation pressure is increasing, and consumer demand has been significantly reduced. This has made it possible for European and American businessmen to reduce procurement plans.

On the other hand, the cost advantage of China's textile and garment industry has gradually weakened with the increase of domestic labor costs.

In recent years, the international crude oil market is still at a high level. The price of polyester in spinning industry has stabilized and declined. Due to insufficient demand, labor costs have increased, and the public products of downstream small and micro mills are at the edge of profit and loss.

At present, cotton will maintain low oscillation in the short term, and the possibility of continued weakness will be too large.

Although the domestic market is being sold to the market, the domestic cotton prices will continue to show a downward trend in the case of the weakening of the US cotton and peripheral markets.

Small loan companies give blood to small and medium-sized enterprises.

Because of their lack of financial norms and lack of mortgage assets, SMEs have been faced with financing pressure.

In particular, since the beginning of this year, the state has adopted a prudent monetary policy. The central bank has raised the reserve ratio of financial institutions 6 times in a row, so that the reserves of financial institutions have reached the highest level of 21.5%.

At the same time, SMEs are mostly short-term loans of 3~6 months. The demand for funds is only about $5. 6 million. Big banks are generally reluctant to do so.

Shaoxing has 5 small loan companies with the largest lending capacity of 1 billion 950 million yuan.

Although the scale of financing provided by small loan companies for SMEs is not large, Bibi is "timely rain".

1~9 month, Huijin, Yongli and Fubang 3 small loan companies accumulated 2967 loans, amounting to 5 billion 349 million yuan, equivalent to 11 yuan per day to 11 SMEs loans 20 million yuan.

Xiao Shaochun cotton yarn prices are still falling, marketing is still weak.

Recently, cotton prices in the upper reaches continued to decline, and cotton spot market prices continued to fall below the national purchasing and storage price, making downstream enterprises lack confidence in the latter market and purchasing cautiously and cautiously.

Xiaoshao regional pure cotton yarn marketing continues to be cold, some manufacturers continue to lower prices.

Due to the sparse orders, the market turnover is still relatively low, the marketing atmosphere is still not strong, and the stock pressure of the cotton mill is increasing.

China Light Textile City Qian Qing raw material market 21S pure cotton high yarn Ji'nan silver flower produces first-class goods, first-class goods in November 18th the mainstream quoted price is 25200 yuan / ton, in November 25th the mainstream quoted price is 25000 yuan / ton, fell 200 yuan / ton.

32S cotton combed yarn Anhui Huayang top quality products, first class goods in November 18th, the mainstream quotation is 30500 yuan / ton, in November 25th, the mainstream quotation was 30200 yuan / ton, down 300 yuan / ton.

Grey fabrics fell slightly.

Recently, the turnover of grey fabric in China Light Textile City continued to decline slightly. Due to the shrinking volume of traditional fabrics in the traditional market, the turnover of small and medium businesses was still insufficient, resulting in a slight decline in the market of grey fabrics in China's Textile City, and the turnover of the blended fiber fabric showed a certain trend of decline. In recent years, there was an uneven rise in the number of natural fiber grey fabrics and chemical fiber grey fabrics, and the price of the creative fabrics increased slightly. However, the stock rate of grey fabrics in the large number weaving enterprises remained high, and the price index of the textile fabrics decreased slightly.

The fabric price index rose slightly, and the added value of creative fabrics increased.

Recently, China's light textile city, part of the front store, back factory and the scale of the business market, because of product pformation and upgrading of creative fabrics continue to sell well, some cloth companies to improve their product quality, the implementation of differentiation strategy as the purpose, with their own strength advantage to attract customers, and finally get rid of the vicious competition of price disadvantage, creative fabric added value larger Road products continue to increase.

The cotton fabric, polyester fabric, polyester ammonia elastic fabric, viscose fabric and cotton brocade fabric in garment fabrics showed an unequal rising trend.

Next week's price index forecast

It is estimated that the traditional fabrics and trading areas of China Textile City will continue to increase. The creative fabrics will continue to sell well in the aftermarket. Some of the former shops and factory stores and large scale business outlets will win the market with new ideas and quality, and the market share of the fabric will continue to increase.

However, sales of some small and medium-sized businesses will continue to be weak. Due to the weak international market demand, the undertaking will continue to decline. Due to tight chain, small and medium-sized businesses will continue to decline in credit delivery, and the trend of public fabric prices will remain stable.

Marketing will continue to show a pattern of differentiation.

Introduction to information collection unit

Shaoxing sunrise line Co., Ltd.

Shaoxing Xin Li line Co., Ltd. is a private enterprise specializing in all kinds of yarn production.

Letter day line companies adhere to the "quality first, reputation first" as the purpose.

Letter day line company from Italy, Germany, China Hongkong, China Taiwan and other countries and regions to introduce a series of advanced international production and testing equipment.

The letter day line company has passed ISO9002 and ISO14001 certification with excellent results, and has been rated as lean management enterprise, self export advanced enterprise and scientific innovative enterprise for many times.

Our main products are polyester cotton, nitrile, viscose and all kinds of blended yarn, all kinds of specifications, all kinds of cotton mercerized, singeing yarn, all kinds of rayon embroidery thread, polyester triangle shaped silk embroidery thread and cotton mercerized wool embroidery thread, specifications of polyester industrial sewing thread, polyester civilian sewing thread and cotton mercerized sewing thread.

In order to meet the needs of domestic customers, we also undertake various types of yarn processing business.