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Prudent Purchase Poly Fiber Demand Stalemated Fabric Needs Fall

Author:     Apr 19, 2011 12:13     

    18th April Commerce Department China·Shengze Silk& Chemical Fabric Index Comment

    Monday, Commerce Department China·Shengze Silk& Chemical Fabric Index, the general index down regulated by 0.08 points, which is closed at 98.87 points. Of which, chemical fabric index dropped 0.06 points, which is closed at 97.74 points. Chemical fiber index is closed at 101 points, dropped 0.07 points.

    Today, fabric sale in Shengze market falls, and the reason is mainly because the turnover in the previous period in the market is huge, which made the market saturated in the short term. The later period will continue the up trend. As for products price, today, chemical fabrics, cotton fabrics prices fluctuated, for example, 290T semi-glossy, dull Taffeta, are quoted at 3.2, 3.45CNY/m, which dropped 0.05CNY/m; 70D*21S+21S N/C is quoted at 12CNY/m, which increased 0.2CNY/m. On marketing, warp-knitted fabric sales well in Shengze market, especially for micro-fiber warp-knitted fabric, for its selling-point is efficient water absorption, super detergency, and long service life, and also soft touched, which is mainly used for dry hair towel, dry hair cap, beauty towels, men's square, babies’ suck sweat towel, bath towels, bathrobes, high-grade clean towels, and for other conventional woven fabrics, Oxford fabric also sales well. For the tourist season is to come, various plants is manufacturing cases and bags to cope with. On operation rate, today, water jet loom and air jet loom rate keeps stable.

    See from chemical fiber, currently, PTA market show a stalemate and modulate trend, and straddle attitude is overwhelmed. As for domestic quotation, buyers’ offer is around 11200CNY/t, also some singular buyers’ keeps offer 11000CNY/t, and the actual strike price is around 1100CNY/t. The aftermarket buyers’ are still straddle.
    On poly fiber, today, poly fiber price is still stalemate. Now, POY75D/72F is quoted at 15100CNY/t, POY75D/72F is quoted at 17250CNY/t, FDY50D/24F is quoted at 17500CNY/t, DTY75D/72F is quoted at 20300CNY/t. Currently, weaving factories tend to be prudent in procure again, which will make some influence on the later purchasing power. For the low demand, poly fiber plants are mostly high priced but low price out. Therefore, the aftermarket will not be optimistic and mainly the products are to be offtake. Poly fiber price will still fluctuated in the short term.
    Index Fluctuation Ranking Today:

 

Editor: Candy    From: 168Tex.com

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