Favorable Factors Lacks Index Falls All Fronts
Author: Jul 04, 2011 11:20
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1st July Commerce Department China ·Shengze Silk & Chemical Fiber Index Comment
168Tex News: On 1st July, according to the data of Shengze index, chemical fiber index fall all fronts today. The general index fall back to some extent, which was closed at 99.08 points, dropped 0.08 points, comparing with that of the last week. Of which, chemical fabric price index stopped to go down slightly, which was dropped 0.04 points, closed at 98.30 points. Chemical fiber index also weakened, which was closed at 99.92 points, dropped 0.06 points in compare with that of the previous day.
 1. See from fabric market
 Chemical fabric price index went down slightly, which was closed at 98.30 points, dropped 0.04 points, comparing with that of the previous day. Today, fabric sale in Shengze is depressed and quotation for each kind of fabrics is mainly stable. A few of fabrics quotation marked down slightly. On operation rate, both water jet and air jet loom operation rate is maintained around 70% to 80%.
See from detailed fabric sale, with the development outdoor industry, outdoor activities and casual wear become more and more popular. According to survey, the market need of a kind of stripe jacquard tencel fabric is enlarged. With a hint of sweet flavor come into our eyes in this season, vigorous and elegant, and the brief stripes created a kind eye-catching effect. Garments made of that kind of fabric are not only delicate, but also adds a sense of bright. Tencel fiber belongs to natural and recycle fabric, made by which, is green and environmental friendly fabric. As for this kind of fabric, it combined the superiority of tencel fabric, cotton fabric, polyester fabric, wool fabric, and also silk fabric. According to survey, this kind of fabric is mainly used for sports wear, out door wear. Its width is around 150cm, and the unit price is at about 28CNY/m.
 2. See from material price
Chemical fiber index appeared to go down, which was closed at 99.92 points, dropped 0.06 points in compare with the previous day. With the influence of dollar weakening, crude oil futures price in New York increased for three days in a row. The Aug deliver crude oil price increased 5 cents, which was closed at 95.42 dollar per barrel. PTA spot market increased slightly. Quotation in China increased 100CNY/t to 9100-9150CNY/t, and as for quotation out abroad, Taiwan cargo increased to $1165/t, Korean goods quotation increased $5/t to $1150-1155/t.
See from chemical fiber material price, poly fiber price in China kept unchanged generally. Quotation on the market is generally stable. Manufacturers reflect that the production and marketing rate is around 60-70%. A direct spinning manufacturer quoted its FDY50D/24F for cash take price at 15300CNY/t, DTY150D/144F cash take price at 16400CNY/t. A melt spinning manufacturer quoted its FDY50D/72F for cash take price at 17400CNY/t. Also some other quoted FDY40D/24F for cash take price at 16000CNY/t, DTY75D/72F interlacing yarn price at 18600CNY/t, POY75D/36F for cash take price at 14800CNY/t.
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Editor: Candy From: 168Tex.com
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