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The Lower Reaches Are Active &Nbsp; The Raw Material Index Keeps Rising.

2011/1/21 16:16:00 114

Downstream Raw Material Index

According to the data monitored by 350 purchasing units, the China Shengze silk chemical fiber index of the Ministry of Commerce continued to show a downward trend this week.


Among them, the total index of chemical fiber index closed at 98.15 points, down 0.25 points compared with the previous weekend, of which the chemical fiber fabric price index closed at 96.69 points, down 0.36 points compared to the previous weekend.

However, the chemical fiber index increased by 0.43 points from the previous weekend, closing at 101.39.

The price index of cocoon and silk products continued to fall this week, closing at 101.36 points, down 0.08 points compared with the previous weekend.


  


 

 


(above is a chart of the recent general price index of chemical fiber products)


from

chemical fiber

We can see that the index shows a continuous downward trend this week.

This is mainly due to the approaching new year, the market is relatively depressed, especially the sales of fabrics, which is mainly due to the fact that by the end of the year, the weaving factories are mainly focusing on the recovery funds, and they have little interest in the new ones.

Moreover, at the end of the year, migrant workers are going home for the new year. In order to avoid the difficulty of returning home during the Spring Festival, many workers come home early, so the weaving capacity of the weaving factories also declined.

From the perspective of chemical fiber raw materials, the chemical fiber index continued to rise this week, mainly because the textile market is better this year, and the weaving amount of downstream weaving has increased. This makes the market demand for raw materials greatly increased, and now the raw material manufacturers do not have a large stock and some products are tight. With the substantial increase in raw material costs this week, the prices of raw materials manufacturers have touched the nerve of the raw materials manufacturers.

This week, the price index of cocoon and silk products continued to decline, mainly because the price of raw materials in the upstream rose sharply, and the prices of downstream products also rose in a timely manner. However, sales of products were difficult because of the fast rising and too high prices.

The silk mill reduced production and reduced production to 25%, and some factories have shut down.


  


 

 


(above is the recent price index chart of chemical fiber fabrics) {page_break}


Shengze's fabric market continued to fall this week.

This is mainly due to the influence of the off-season, weaving manufacturers do not have much enthusiasm. Many weaving factories or traders only take orders from old customers.

Monadic quantity

It is also very small, mainly based on proofing or small bills, and sales of fabric materials in the market remain low.


Judging from the trend of fabric market this week, fabrics

Market sales

都较为平淡,市场服装、家纺、箱包类布料销量都继续下滑,虽然这段时间上游原料在库存压力不大,成本走高等因素的拉动下,原料价格每天都有小幅上涨,但由于下游采购需求降低,因此,面料价格在年前基本无变动;产品销售方面,本周市场上毫无亮点,只有少量几个品种相互之间调货销售,如210D六角形PU牛津布,该面料做为一款需求量较多的箱包布,其最大的卖点就是格型新颖,经过PU涂层后,防水透湿,而且最大的好处是价格实惠,现在主要做学生背包、书包面料,成品布市场报价在13元/米;此外,75D*150D印花高丝宝现在也有部分需求,这款面料是春夏女装需求量较大的一款产品,其手感柔软、悬垂性好、布面有细小的皱纹,而且产品质量稳定,价格适中,现在成品布报价在8.9元/米;而春亚纺、涤塔夫、色丁等品种销售不大。

With the flat sales of fabrics, the closing rate of market traders is also gradually increasing.

From the start up rate, this week Shengze market weaving start rate continued to fall, because this week, workers began to go home a lot of new year, lack of work is more serious.

So the boot rate is at 50% or even lower.


  


 

 


(above is the recent trend of chemical fiber price index).


This week, the chemical fiber index continued to rise. This is mainly due to the continuous rising of its upstream raw material costs this week, coupled with the mentality of the downstream weaving mills buying up or not buying, making the raw material market in this week's turnover has been at a high level, resulting in a substantial decline in raw material manufacturers' inventory, which has further promoted the willingness of raw material manufacturers to raise prices.

Therefore, this week's chemical fiber index continued to rise.


Judging from the detailed price quotas, Asia's PX rose from $1474 a ton a week ago to Korea's $1620 / tonne FOB FOB this weekend. Europe's PX rose to 1423 dollars / tonne FOB a week ago and Rotterdam rose to 1545 dollars / ton FOB Rotterdam this weekend.

This week, the PTA futures market continued to grow.

Up to 20, the 1105 main contract of PTA in Zhengshang has risen to 10880 yuan / ton, and its price in the East China market has risen to 10800-10850 yuan / ton. The mainstream market has negotiated the price to 10700-10750 yuan / ton. The price of Taiwan bonded paper in the outer market PTA market is close to 1390 U.S. dollars / ton, and the price of Korean bonded paper is near 1370 U.S. dollars / ton.


Affected by the rise of polyester raw materials and the significant increase of downstream stocks, the price of polyester filament has risen sharply this week. The price of FDY products has risen more than 1000 yuan / ton in the interim period, and the increase of DTY and POY is between 600-800 yuan / ton.

On the 20 th, the FDY50D/48F acceptance price in the Shengze market was 19000 yuan / ton, the DTY75D/72F acceptance price was 20300 yuan / ton, and the POY150D/144F acceptance price was 15000 yuan / ton.

  


 


 


(above is the recent price index chart of cocoon and silk products) {page_break}


Cocoon and silk products prices continued to fall this week.

This is mainly due to the rise of upstream raw materials to drive the price of terminal products to go up sharply, making the sales of downstream products obviously weaker.

Next we will analyze the reasons for its decline in detail.


(1) the cost is difficult to pfer.


Since last year, the price of raw silk has been rising all the way, until the end of the year, 420 thousand yuan / ton.

Although the price has dropped to below 400 thousand this week, compared with last year's 160 thousand yuan / ton, it has more than doubled in one and a half years.

Silk price has a great influence on the cost and sale price of silk fabrics. This will make the price of silk rise sharply. But the price terminal market after rising sharply will not accept it, and the sales of terminal tea products will be difficult.

So this week, the downstream silk mill reduced production and reduced production to 25%, and some factories have shut down.

It is obvious that cost is difficult to pfer.


(2) decline in market demand


The price of silk continues to rise, and terminal consumers are hard to digest for the current high prices, so orders at home and abroad have dropped sharply.


Although the total export finance of silk fabrics has risen slightly, the actual export volume has shown a sharp downward trend.

Coupled with the continued strengthening of the renminbi, the pressure on export enterprises has increased, and the undertaking of external orders has become more and more cautious.


Market outlook: the price of cocoon silk will continue to be strong at high levels due to tight supply and so on. Moreover, from the current situation of silkworm maintenance, the possibility of large increase in production is not large.

As the cost is strong, the price of silk in the future market is also difficult to make great changes. Therefore, I believe that the price index of cocoon and silk products will go down later.


 
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