Less Trade Order Fabric Index Fall Back
Author: Jul 19, 2011 10:06
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---18th July Commerce Department China ·Shengze Silk & Chemical Fiber Index Comment
168Tex News: 18th July, according to the data of Shengze index, the general index of chemical fiber fall back slightly, closed at 99.07 points, dropped 0.02 points in compare with that of last Friday. Of which, chemical fabric price index also fall back, closed at 98.22points, dropped 0.03 points, while chemical fiber index has dropped for four days in a line, closed at 100.18 points on Monday, increased 0.04 points, comparing with last Friday.
 1. See from fabric market
 Today, fabric price in China keeps stable, there is no improvement in orders, especially on trade, turns over is even less. On operation rate, water jet and air jet loom maintained around 80%.
See from fabric marketing, chiffon, satin and etc production and consumption rate lowered down notably. Conventional products like polyester taffeta, pongee, the sales volume went down. Silk typed fabric, nylon taffeta, poly trilobal and etc marketing keeps stable. But there is also some products sales well, like 290T high dense taffeta, whose density is doubled than 190T taffeta. Currently 290T taffeta is mostly used for domestic trade. As one of the main fabric for down jacket bladder, through calendaring or coating, it becomes soft and good downproofness.
2. See from chemical fiber market
 With the influence of chemical feedstock price increase, chemical fiber index increased for 4 days in a row. On upstream feedstock, NYCEX Aug crude oil futures price increased $1.55, closed at $97.24, Brent Aug futures price increased $1.00, closed at $117.26. Asian HeterogeneousMX increased $20 to $1233/t, FOB Korea, Asian PX price increased $30 to $1457/t, FOB Korea. On PTA spot goods, today, PTA quotation in China market continue to increased, suppliers’ quotation increased to 9150CNY. Quotation out abroad also increased, Taiwan ship loaded cargo increased to $1175, Korean goods quotation increased to $1160, trade atmosphere is cold.
On chemical feedstock, today, a direct spinning super major plants marked some of its FDY products price up by 100CNY/t, while POY and DTY price kept unchanged. Now, FDY50D/24F acceptance price is quoted at 16500CNY/t, DTY75D/72F acceptance price is quoted at 19600CNY/t. Poly fiber price in China market also stabilized, now a major plant quoted FDY50D/24F cash take price at 15800CNY/t, POY 150D/144F spot exchange price at 15100CNY/t. Another major plants quoted FDY61D/24F at 15400CNY/t, DTY150D/48F at 16100CNY/t. Another major plants quoted DTY150D/144F interlacing yarn fiber at 17000CNY/t, POY 150D/144F at 15150CNY/t.
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Editor: Candy From: 168Tex.com
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