Both Quantity and Price Rising Boost Index Rising
Author: Mar 28, 2011 12:46
25th Mar Commerce Department China·Shengze Index Comment
25th Mar, according to the statistic surveyed by Commerce Department China·Shengze Index, today, chemical fiber index rise up wholly. Today, Commerce Department China·Shengze Index, the general index rise up greatly, which is closed at 98.80 points, increased 0.31 points in compare with that of the previous day. Of which, chemical fabric index rebounded and stopped dropping, increased 0.19 points in compare with the previous day and is closed at 97.69 points. Today, chemical fiber index also stop its slack trend, which showed a rising trend, and it is closed at 101.23 points, increased 0.08 points in compare with that of the previous day.
1. See from fabric market
Today, chemical fabric index rebounded form dropping, which is closed at 97.69 points, increased 0.19 points in compare with that of the previous day. The sales volume of fabric in the Shengze market keeps stable. Order quantity increased to a small degree and price tends to be steady, silk typed fabric price raised up. On operation rate, under the influence of looms number restriction by the government, the operation rate of water jet looms are at 60% and air jet looms rate is still at 80%.
See form fabric marketing, the normal products like T/C fabric, Cotton fabric comes to be the best seller in the Shengze market and functional fabric sales volume also rise up to some degree. Taking the current diamond cotton fashion fabric for example, made from poly and rayon fiber, sales well in the market. The warp is 80D/12F poly bright flat filament, for the flat filament is different from the normal round fiber, it can create the luster, which strengthened the luster shine, and the brightness changes form different angles. The weft is 40S rayon yarn, which made the fabric soft, comfortable, breathable. It is made by air jet looms, plain woven, in addition with the finish treatment of preshrunk, stereotyped, and dye. The fabric has the superiority of both rayon’s softness and comfortableness, and also poly fiber’s wrinkle resistance and glitter. It is most suited for women’s wear and it illustrates women’s fashion vividly. Light color is the keynote, which shows a kind of cleanliness and fashion.
1. See from raw material market
Today, chemical fiber index also stop its slack trend and shows an up rising trend, which is closed at 101.23 points, increased 0.08 points in compare with that of the previous day. See from material market, oil price marked down on 24th in the New York market. Crude oil price for May take goods marked down 15 cents in New York Commodity Exchange, which is closed at $105.60 per barrel; in London market, price for May take goods price increased 17 cents, which is closed at $115.72 per barrel. Today, PTA spot goods market even running, of which, eastern China market is stable. Quotation is around 11650-11700CNY/t, external quotation is also stable, Taiwan ship loaded goods is around $1532-1540/t, and quotation from Korea market is around $1525-1530/t.
See from chemical material market, today poly fiber price continues its stable trend; the downstream manufacturers buy in according to needs. Of which, a local direct spinning plant cut 200-300CNY/t for FDY yesterday afternoon, today, the price stabilized, and the FDY50D/24F price is quoted at 19600CNY/t (6-month acceptance). Another melt spinning plant quote unchanged basically, DTY150D/48F is quoted at 18000CNY/t. Today, poly price in Xiaoshan market rebounded from decreasing. A local super major plant cut price of 100CNY for DTY, and 100-200CNY for FDY, today, the quotation is stabilized, FDY66D/24F is quoted at 17600CNY/t and DTY75D/144F is quoted at 20000CNY/t. Another POY plant quote stabilized, POY150D/144D cash take price is 14860CNY/t.
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Editor: Candy From: 168Tex.com
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