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Index Fluctuated Fabric Sale Rebound Up

Author:     Jun 27, 2011 09:53     

     --24th June, Commerce Department China·Shengze Silk & Chemical Fiber Index Comment
    168tex news: 24th June according to the data indicated as Commerce Department China·Shengze Index, chemical fiber index fluctuated today. The general index went up, which was closed at 99.18 points, increased 0.03 points in compare with that of the previous day. Of which, chemical fabric price index stopped its down trend and rebound up slightly, which increased 0.04 points in compare with the previous trading day, closed at 98.35 points. While chemical fiber index today continue its downward trend, which was closed at 100.14 points, dropped 0.05 points in compare with that of the previous day.
 
1. See from fabric sale
 
    Today, chemical fabric price index end the third day downward trend, and rebound up slightly, which was closed at 98.35 points, increased 0.04 points in compare with the previous day. Fabric sale in Shengze market is better than that of last week. Fabric price are generally stable. On operation rate, both water jet loom and air jet loom operation rate keeps around 80%-90%.
    See from detailed fabric sale. Recently a kind of special fabric named Sydney shioze sales well on the market. Ad for this fabric, it belongs to one of the nylon and poly mixed woven fabrics. It is featured at its material, which uses nylon poly mixed interlacing yarn, take the advantage of both nylon yarn and poly yarn, both alkali-proof and acid proof. Not only feels soft but also well-pressed and phozy. According to introduction, after weaving and dyeing process, it also go through coating process, thus it becomes cold proof. See from its appearance, it belongs to the most popular cross grain fashion style, brief and elegant, and the fabric itself riches in English style, classic and elegant, not only refined, but also straightforward and lively. As is introduced, it has become the new favorite fabric of the European fashion wear, and now the market sale mainly trade outward.
 
    2. See from material sale
    Chemical fiber index continue the downward trend, which was closed at 100.14 points, dropped 0.05 points in compare with that of the previous day. See from the upstream material market, international crude oil price slumped on 23rd. By the closing time on 23rd, the Aug delivery light crude oil in the NYME slumped by $4.39, which was closed at $91.02, the drop amount was 4.60%. In London market, the Aug delivery North Sea Brent Oil futures price slumped &6.95, closed at $107.26 per barrel, the drop amount reached 6.09%. Today, PTA spot market continue downward, of which, quotation in China dropped 50 CNY to 9300CNY/t while PTA quotation out abroad also dropped slightly, the Taiwan ship loaded cargo was quoted at $1185/t, Korean goods quotation was $1170-1175/t.
     See from chemical material price, today Poly fiber price tend to weaken. Some kind of products marked down its price slightly. Production and marketing rate of the market is just as usual. A super major direct spinning plant marked its FDY price slightly. Of which, FDY 50D/24F cash take price was quoted at 15300CNY/t, and FDY75D/72F cash take price was quoted at 15300CNY/t. another melt spinning plants also reduced its FDY price. Other kind of fiber products stabilized, of which, FDY reduced 100CNY/t, 61D/24F, 100D, 120D reduced 200CNY/t, and FDY61D/24F was quoted at 15400CNY/t. POY 75D/36F was quoted at 16000CNY/t.

Editor: Candy    From: 168Tex.com

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