Heavy Wait-and-See Mood Brings Down Production and Marketing Rate
Author: Mar 16, 2011 10:04
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15th March Commerce Department China·Shengze Silk & Fiber Index Comment Tuesday, Commerce Department China·Shengze Silk & Fiber Index, the general index, increases 0.01point compared with that of Monday, closing at 98.40points. Of which, chemical fabric price index increase 0.01point, closing at 97.3points; chemical fiber index closed at 101.60points, decrease 0.03point.
Today, the sales volume in Shengze market stabilized. As for production prices, the prices of normal spring and summer fabrics keep stable, some fabric like 100gsm plain peach skin, the quotation today is 3.65CNY/m, which increased 0.25CNY/m, compared with the previous day. On marketing, 144T peach skin, 288T taslon, compound flat flannel, and some other normal fabrics sales well. Silk typed fabrics keep its up trend of sales volume. Moreover, computer embroidery factory is going through the busy season. See from the market, the demand of bonding embroidery fabrics are increasing dramatically. The superiority of which is that it combines the superiorities of different fabrics, endowing the final fabric both terrific quality and low price. Therefore, its sales volume will continue to be enlarged. See from the resent trend, the domestic demand for this kind of fabric is in an endless stream, so its sales volume will keep its up trend. Today, the operation rate of water jet looms and air jet looms hold the line with the previous day.
See from chemical fiber, now, PTA spot goods price continues its adjustment period at a lower price, MEG price stabilized for a short while. Now, PTA cash take is priced at 11500CNY/t, generally, its strike price of cash take is 11400-11450CNY/t. On chemical fiber, today, the price of Shengze market keeps stable. Now, POY150D/144F is quoted at 15600CNY/t, POY75D/72F is quoted at 18100CNY/t, FDY50D/48F is quoted at 20000CNY/t, DTY150D48F is quoted at 16800CNY/t. Presently, the waste water restriction program in Shengze area is still under prosecution, to add on the weakened market of the upstream raw material, the polyester fiber market holds an heavy wait-and-see mood. The low procurement of the downstream weaving mills, leads a low production and marketing rate. The pressure of some kind of materials increased. Polyester fiber market is expected to continue its weak trend adjustment in short term.
Index Fluctuation Ranking Today
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