Demand Saturated in a Short Term Fabric Sales Decline
Author: Apr 26, 2011 12:27
|
------25th April Commerce Department China·Shengze Silk & Chemical Fiber Index Comment
168tex News: Monday, Commerce Department China·Shengze Silk & Chemical Fiber Index, the general index lower 0.07 points to close at 97.68 points; chemical fiber index is closed at 100.60 points, dropped 0.07 points.
See from chemical fiber index graph, today, fabric sale declined for the short term saturation. On price, for the slack marketing, most are sold at low price, which lowered the cost of fabric, meanwhile, the market is still in busy season, so fabric price keeps mainly stable. See from products, demand for 600D Nylon Oxford increased greatly, prompt goods is strained, currently, case and bags, travel products. In addition, compound chiffon, poly pongee, N/C fabrics, Taffeta, Satin fabrics sales well. However, with the rising of garments and home textile orders, there is also some lifeless orders, like 0.2 nylon honey comb greige, 190T semi-stretch polyester pongee, with stocks in different amounts, which affects the later orders and also flow capital circulation of the company. On operation rate, water jet loom, air jet loom rate keeps around 80%, warp loom operation rate is at about 90%.
See from chemical fiber, currently, one of the super major plants domestically put forward its product price of its April contracts. PX is quoted at 12900CNY/t, PTA is quoted at 11400CNY/t, MEG is quoted at 8950CNY/t. PTA contract final settlement price of April contract in Zhuhai BP is quoted at 11450CNY/t, lower 500CNY/t in compare with last month. May quotation has not yet come out.
On poly fiber, today, its marketing is still weak, now POY 150D/288Fis quoted at 15200CNY/t, POY 75D/72F is quoted at 17050CNY/t, FDY40D/24F is quoted atv 17500CNY/t, DTY75D/72F is quoted at 400CNY/t. Now the subordinate weaving factories buy in small quantities. Low procurement capability still bothers the whole poly market. See from cost, poly profit margin narrowed, and manufacturers are eager to ship the goods, thus, poly fiber market is expected to stay weak in the following period and the general poly fiber price is to reduce appropriately.
Index Fluctuation Rank Today:
|
Editor: Candy From: 168Tex.com
Most Read