Orders Mount Up Index Rebounded from Dropping
Author: Apr 11, 2011 14:18
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8th April Commerce Department China·Shengze Index Comment
8th April, according to the statistics surveryed by Commerce Department China·Shengze Silk & Chemical Fiber Index, today chemical fiber index rebounded from dropping, closed at 98.85 points, which increased greatly by 0.18 points. Of which, chemical fabric index show an up trend, which increased 0.16 points in compare with the previous day, closed at 97.75 points. While today, chemical fiber index continued its down trend, which is closed at 100.99 points, dropped 0.11 points in compare with the previous day.
1. See from fabric market
Today, chemical fabric index show an up trend, which is closed at 97.75 points, increased 0.16 points. Today, fabric order quantity keeps rising, and the sales volume also rose up in compare with the previous day. Conventional products quotation keeps stable, while some hot-sale products marked up in a small degree. On operation rate, today, water jet loom and air jet loom rate keeps around 80% in Shengze market.
See from sales of products, conventional products sales relatively steady. Today, T/C fabric sales well. Take the satin metallic T/C fabric for example, 50D*40S, 95gsm, the selling point of this fabric is the combination of the superiorities of Poly, Cotton, and Metallic fiber, and its finished products use environmental friendly dye. The fabric not only keeps its comfortableness, and stiffness, but also has the function of radiation resistant. Meanwhile, the fabric shines with metallic luster, noble and elegant. Now it is mainly used for trench coat, casual wear, jackets, and etc. Moreover, suede fabric is widely used in home textile field, whose sales volume is increasing continually. For example, the warp-knitted suede 105D*300D is mostly needed in furniture plants, which is used as cloth art in sofa fabrics.
1. See from material market
Today, chemical fiber index continues the third transaction day drop trend, which is closed at 100.99 points, dropped 0.11 points in compare with the previous day. See from upstream material market, international crude oil price hit the new peak of the past two years on 7th April. By closing time, light crude oil price of the May taken goods increased 1.47 cents in the New York Commodity Exchange, and which is closed at $110.30 per barrel. The North-Sea Brent crude oil futures price increased 13 cents, which is closed at $122.43 per barrel. Today, PTA spot goods quotation marked down again, of which, the Eastern China market interior quotation marked down. Quotation offered by suppliers drop 100CNY/t to 11100-11150CNY/t. Exterior PTA quotation, like Tai Wan ship load goods is quoted at $1420-1430/ton. And Korean quotation is around $1410/ton. Transaction atmosphere is general common.
See from chemical material quotation trend, today, poly fiber quotation dropped slightly. Production and marketing rate is not ideal. Today, a mainstream direct spinning plant quotation for FDY generally dropped 300CNY/t, some even dropped 500CNY/t, while DTY and POY kept unchanged. Of which, FDY 50D/24F is quoted at 18000CNY/t (Acceptance in 6 month), FDY 66D/24F is quoted at 17200CNY/t (Acceptance in 6 month). A local melt spinning plant quoted DTY 50D/72F at 125100CNY/t. Today, chemical fiber quotation in Tongxiang market marked down. A local mainstream plant quotation for POY marked down 100CNY/t and DTY ＞200D bright marked 100CNY/t, FDY dropped 100CNY/t, of which, POY 150D/144F is quoted at 15000CNY/t, POY 150D/48F is quoted around 14700CNY/t.
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