Feedstock and Fabric Index Ups and Downs Mixed
Author: Jul 26, 2011 11:07
|
---25th July, Commerce Department China ·Shengzer Silk& Chemical Fiber Index Comment
168Tex News: 25th July, according to the data of Shengze index, today, chemical fiber index dropped slightly. The general index is closed at 98.96 points, dropped 0.01 points in compare with last Friday. Of which, chemical fabric price index is closed at 98.11 points, dropped 0.03 points. Today, chemical fiber index continue to rebound sharply, closed at 100.23 points, increased 0.07 points.
 1.See from fabric market
 Chemical fabric index continue to fall back after the rebound on last Friday, which is now closed at 98.11 points. On operation rate, for the influence of high temperature, electricity using enter into rush period, now in China market, the operation is generally influenced with load shedding program, today, both water jet and air jet loom operation rate is around 60%.
See from marketing, currently, the sales volume of poly trilobal, dull poly taffeta, pongee and etc reduced. New water jet looms are put into operation substantially, leading to the situation of over supplied. In addition with less preferential policies, export trade business shows the trend of moving forward south Asia. Moreover, polyester taffeta profit is meager and it is not so popular in the market. Business man reflect, some kind of fabric on the market become popular, such as mesh fabric, for its good air permeability, through bleach and dyeing, it feels well, which is now mainly used for sports wear making. Mesh fabric woven by cotton fiber or chemical fiber meet the modern low carbon and green dress idea. In addition, fabrics like model, tencel, soy been fiber and some other knitted fabric sale is also OK.
2. See from the overall market
 Chemical fiber index continue to increase, which is closed at 100.23 points today. On upstream feedstock, crude oil price increased slightly last Friday. The Sept crude oil futures settlement price increased to $99.87, and naphtha price increased $13/t to $1007/t, CFR Japan. On PTA futures, today, PTA main force contract 1201 is settled at 9548CNY, increased slightly by 4CNY than the previous trade day. On PTA spots, today, quotation in China market stabilized, suppliers quoted 9300CNY, while quotation out abroad dropped slightly. Taiwan goods dropped to $1200, and Korean goods dropped $100 to $1185, the market trade atmosphere is just as usual.
See from chemical feedstock price trend, a major melt spinning plants quotation increased by 300-500CNY/t, now bright FDY50D/36F acceptance price is quoted at 17500CNY/t, semi-bright 55D/24F acceptance price is quoted at 17400CNY/t, DTY75D/144F acceptance price is quoted at 20200CNY/t. Poly fiber price in China market goes up, now a local major plants FDY quotation is increased by 100-200CNY/t, some POY products price is increased by 100CNY/t. Now FDY50D/24F cash take is quoted at 16700CNY/t, POY 150D/144F spot exchange price is quoted at 15300CNY/t.
 |
Editor: Candy From: 168Tex.com
Most Read