Chemical Fiber Index Fall Back Again
Author: Jul 13, 2011 09:46
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--12th July Commerce Department China ·Shengze Silk & Chemical Fiber Index Comment
12th July, according to the data of Shengze Index, chemical fiber index fall back again. The general index dropped 0.04 points in compare with that of yesterday, closed at 99.00 points. Of which, chemical fabric index dropped 0.03 points, closed at 98.22 points, chemical fiber index was closed at 99.95 points, dropped 0.02 points.
 Chemical fabric index fall back again, closed at 98.22 points, dropped 0.03 points in compare with that of yesterday. Most downstream buyers hold wait and see attitude, order quantity is not large, and the market trade is cold, some fabric price was marked down.
See from detailed marketing products, chiffon still sales well, which is the main silk typed product in Shengze market, it keeps a good sales volume since spring of this year. Presently, 75D*75D chiffon presents a busy season. As for this fabric, it is slim and soft, good drape, good air permeability, bright color, which is mostly used in casual wear making, long and short dress making, blouse making and etc. Garments made from it, not only light weighted, graceful, and also free and charming, very feminine flavored. It becomes the fashion fabric that most fashionable women pursuit. Therefore its sales volume is considerable large. As for other fabrics, like pongee, semi-dull satin and ets, the sales volume is just as usual. On loom operation rate, for there is no load shedding influence, both water jet and air jet loom operation changes little.
 See from chemical fiber index trend, today the index falls slightly. The main reason of which is poly fiber price stabilized from stalemate. Today, a melt spinning super major plants kept its quotation unchanged, now FDY50D/72F cash take price was quoted at 17400CNY/t。 Another super major plants quotation also stabilized, now bright FDY40D/24F cash take price was quoted at 16000CNY/t, FDY50D/48F cash take price was 15600CNY/t. Manufacturers reflected the morning turns over is just as usual for the downstream wait and see mood is increased.
Today the Poly upstream material, PTA price went weak. On spot goods, PTA price fell slightly to 9000CNY/t. PTA quotation out abroad also weakened. Taiwan ship loaded cargo dropped to $1165 or so. Market trade atmosphere is cold. Thus aftermarket feedstock price is possibly go down, chemical fiber index is likely to on fall trend.
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Editor: Candy From: 168Tex.com
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