The "China · Keqiao Textile Index" 20200511 textile price index closed at 104.08 points, up 0.02% month-on-month, down 1.01% from the beginning of the year, and down 2.01% year-on-year.
Overview of the transactions of China Textile City in April
According to the statistical monthly report: From January to April 2020, the cumulative turnover of textile fabrics in the China Textile City physical market was 4334055 million meters, down 6.48% year-on-year. Among them, the cumulative total transaction volume in the traditional market from January to April was 36.18126 million yuan, a year-on-year decrease of 2.49%; the cumulative turnover of the International Trade Zone from January to April was 715929 million yuan, a decrease of 22.48% year-on-year. From January to April 2020, the online trading volume of the China Textile City textile market was 12,666.5 million yuan, up 1.44% year-on-year.
After the “May Day” small holiday, China Textile City's marketing rebounded slightly, including: the raw material market price fell slightly, the grey cloth market price rose slightly, the apparel fabric market cloth price rose slightly, the home textile products transaction price The volume fell slightly month-on-month, and the market for accessories rose slightly.
The price of raw materials fell slightly, polyester prices rose month-on-month, and cotton yarn prices fell month-on-month
According to monitoring, the current raw material price index closed at 78.17 points, down 0.36% month-on-month, down 3.79% from the beginning of the year, and down 8.28% year-on-year.
1. The polyester market rebounded month-on-month, and the polyester market rose month-on-month
In this issue, the price index of polyester raw materials rose month-on-month. The PTA spot mainstream in East China was 3335-3345 yuan / ton, and the MEG mainstream price was about 3475-3525 yuan / ton. The polyester chip market quotation rose month-on-month. — About 4,625 yuan / ton. International oil prices continued to rise, as the market's anticipation of the global economic restart and the shortage of US crude oil storage space eased. Oil prices continued to rise due to the gradual restart of the economy and the continued reduction of crude oil production. Driven by international oil prices, the prices of polyester raw materials also began to rebound. With this boost in polyester filament prices, prices have risen and at the same time the production and sales have broken hundreds of days, which has supported the prices of polyester raw materials and even polyester filaments. At present, polyester filament has fallen to a very low position, coupled with its own inventory pressure is not strong, the price or the intention to pull up is greater. The market price of polyester filament in the Xiaoshao area increased month-on-month. The textile market is still determined by the downstream orders. The lack of terminal orders and the inability to keep up with the purchase. The current rise in polyester yarn may also be a short-lived one, making it difficult to drive up the prices of polyester grey cloths. In addition, judging from the current market feedback, if polyester filament prices are to continue to rise, either the demand for terminal apparel will be improved or the upstream support will be strong enough. From the current situation, the rise in cloth prices is lagging, and it is very difficult to follow the rise, or because of the lack of orders.
Recently, the price of polyester staple fiber has increased month-on-month. The central price of 1.4D × 38MM direct-spun polyester staple fiber in Jiangsu and Zhejiang is 5415-5695 yuan / ton, an increase of about 215 yuan / ton. Recently, the market price of pure polyester yarn has been stable and declined. The price of 32S pure polyester yarn is about 9500 yuan / ton, and the price is flat. The price of 45S pure polyester yarn is about 11,000 yuan / ton, and the decline is about 100 yuan / ton.
2. The price of pure cotton yarn fell, and the price of rayon yarn continued to fall
The pure cotton yarn market is weak in trading, with a small amount of goods mainly sold and the price weak. The market price of pure cotton yarn in the Xiaoshao region fell sequentially. The overall performance of the cotton yarn market is still cautious, and the mentality is difficult to boost. At present, there are too few orders from textile enterprises, and the overall start-up level is not high, but inventory is still rising. The market is mostly bearish for the first half of the year. If the market continues to be sluggish, the subsequent low-price selling of textile companies may increase. Due to insufficient subsequent order increments, weaving mills' willingness to replenish stocks gradually declined, and they were maintained to be used as needed. The finished product inventory has reached the level of the end of last year. The main reason is that the lack of orders in the weaving factory recently, and the production of conventional varieties has been able to retain workers, but at the same time, sales have been blocked. Even if the price is lowered, the inventory removal effect is not ideal. As a result, inventory pressures continue to increase, but as weaving mills reduce production and control production capacity, weaving mill inventories slow down.
Recently, the price of viscose staple fiber raw materials has decreased month-on-month. The actual center price of viscose staple 1.5 × 38mm mid-range is about 8700-8720 yuan / ton, with a decrease of about 180-200 yuan / ton. Recently, the price of rayon yarn has dropped month-on-month. The price of 30S rayon yarn is reported at about 12,300-12,350 yuan / ton, with a decrease of about 50-100 yuan / ton; the price of 40S rayon yarn is reported at about 13,500 yuan / ton, and the price is flat; the market for rayon yarn is stable.