Production and Consumption Rate Increased Index Bounce Back
Author: Jul 25, 2011 10:35
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--22nd July Commerce Department China Shengze Silk& Chemical Fiber Index Comment
168Tex News: 22nd July, according to the data of Shengze index, today, chemical fiber index bounce back all fronts. The general index is closed at 98.97 points, increased 0.03 points in compare with the last trade day. Of which, chemical fabric price index stopped its slack trend to bounce back, which increased 0.02 points, closed at 98.14 points. Chemical fiber index also increased today, which is closed at 100.16 points, increased 0.04 points.
 1.See from fabric market
 Today, chemical fabric price index stopped the fourth day down trend and bounce back to 98.14 points, increased 0.02 points. Today, fabric sale in China market increased to some degree, some products price increased. On operation rate, today, water jet and air jet loom operation rate maintained around 70%.
See from detailed fabric sale, currently, decorative fabric, curtain and other home textile fabrics turn over is increasing. Meanwhile, autumn and winter fabric orders are also increased. On the market, a type of gradient color silk typed fabric sales well on the market. Through transfer print, it becomes colorful, and shows a high level of stereo effect pattern. It is fashionable, and now it is mainly used for casual wear, sports wear garments making.
 2. See from feedstock market
Today, chemical fiber index also show an up trend, which is closed at 100.16 points, increased 0.04 points. See from upstream feedstock price, New York crude oil price increased on 21st. By closing on 21st, the Sept delivery light crude oil futures price in NYMEX increased $99.13 per barrel. On London market, the Sept delivery North Sea Brent oil futures price is closed at $117.51 per barrel. Today, PTA spot price keeps firm, of which, quotation in China market is around 9400CNY or so, while quotation out abroad increased to $1210,and Korean goods quotation is around $1185.
See from chemical feedstock price, polyester fiber price continue to upward today. Manufacturers reflect the market production and consumption rate is stable. Toady, a major melt spinning plants FDY quotation increased by 100-200CNY/t, of which, bright FDY50D/36F cash take is quoted at 16500CNY/t, semi-bright FDY55D/24F cash take price is quoted at 16600CNY/t, DTY75D/144F cash take price is quoted at 19700CNY/t. One major direct spinning plants quotation changed little, for its FDY50D/24F acceptance is quoted at 16900CNY/t, POY 150D/144F acceptance is quoted at 15900CNY/t. Another major plants in China increased some of its DTY products price up by 100CNY, FDY is increased by 100-200CNY, POY buyout price is increased by 100CNY, some increased by 300CNY, now FDY50D/24F is quoted at 16300CNY/t, DTY150D/288F micrweb is quoted at 17000CNY/t.
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Editor: Candy From: 168Tex.com
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