Fabric Index Go Down While Material Index Goes Up For Three Days
Author: Jun 13, 2011 12:50
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--10th June Commerce Department China·Shengze Index Comment
168tex News: 10th June, according to the survey of Commerce Department China·Shengze Silk& Chemical Fiber Index, chemical fiber index graph rose and downward simultaneously. The general index stopped downward and rose up, closed at 99.21 points, increased 0.01 point. Of which, chemical fabric index continue downward, and decreased 0.01 point in compare with the previous trade day, closed at 98.34 points today. While chemical fiber index continues the third day increase trend, closed at 100.34 points, increased 0.09 points in compare with the previous trade day.
Chemical Products Price Index
 1. See from fabric market
Chemical Fabric
 Today, chemical fabric price index continued downward, closed at 98.34 points, decreased 0.01 point in compare with the previous day. Fabric sale in Shengze market changes little, and the prices are mostly stabilized. On operation rate, water jet and air jet loom in weaving factories and also the printing and dyeing factories are still under the influence of load shedding program.
See from detailed fabric sale, polyester pongee, taslon, satin, nylon taffeta fabric sale decline in Shengze market. Of which, the relative well sale product is 300D Oxford fabric. For this kind of fabric is used for bags and suitcases, and also cotton garments. In addition, 0.125-0.15 nylon polyester ripstop sale also increased to some degree. According the suppliers, this kind of fabric is mostly used in Children’s wear factories. On warp knitted fabrics, thin pajamas fabric sale declined distinctively while thick heavy knitted fabric market sale situation is still unclear. Take double face print fabric sale for example, it was short in the previous two months, only weave by order, however, for the end of the sale of such kind of fabrics, it now enters into the slack season. In addition, pure cotton warp knitted fabric order is still few. Suppliers indicated that as the autumn and winter knitted fabric orders are still on the way, so it is estimated to keep the slack situation until September.
Chemical fiber
 2. See from material market
Today, chemical fiber index continue the third day upward trend, closed at 100.34 points, and increased 0.09 points in compare with the previous trade day. See from material market, international oil price continued to go up on 9th June. By closing time of 9th, light crude oil price of the July delivery in NYME increased $1.19, closed at $101.93 per barrel, the increase amount is 1.18%. In London market, the North sea Brent oil price of the June delivery increased $1.72, closed at $119.57 per barrel and the increase amount is 1.46%. Today, PTA quotation at home stabilized, suppliers offered the price at 9550-9600CNY/t and quotation out abroad also stabilized. Taiwan ship loaded cargo was quoted at $1220/t and Korean goods price reduced $5 to $1200/t.
See from chemical fiber material. Poly fiber price in China still shows an up trend. Most products prices are marked up. Suppliers showed no stock pressure generally. Today, a direct spinning super major plant increased its DTY products for 100CNY/t while other products price keeps unchanged. Of which, DTY 150D/144F light interlacing yarn was quoted at 17300CNY/t, FDY50D/48F was quoted at 16900CNY/t (acceptance in 6 months). Another melt spinning super major plants increased its products price at the range of 100-400CNY/t. Now its FDY150D/288F cash take price was quoted at 15700CNY/t, and FDY50D/36F was quoted at 16200CNY/t, bright FDY75D/36F was quoted at 15800CNY/t.
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Editor: Candy From: 168Tex.com
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