Load Shedding Force Increased Feedstock Sale Declined
Author: Jul 29, 2011 10:46
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---29th July, Commerce Department China ·Shengze Silk & Chemical Fiber Index Comment
168Tex News: According to the data of the chosen 350 enterprises, the general index of chemical fiber price index continue to drop, which is closed at 98.90 points, dropped 0.05 points in compare with that of yesterday. Chemical fabric index dropped 0.05 points, closed at 98.07 points, and chemical fiber index also closed low at 100.18 points, dropped 0.03 points, comparing with that of yesterday.
 Today, almost every index dropped, see from which we can find it stay in tailspin trend recently. It is mainly because that fabric sale comes into the slack season. Orders reduced 50%, some even higher, which result in the fabric turns over notably reduced. Feedstock market is relatively well, but since yesterday, for the influence of high temperature, load shedding activity is carried out from place to place and it is estimated that load shedding force will increased aftermarket. The downstream weaving plants operation rate dropped sharply, and feedstock consumption ability is weakened. Thus feedstock sale notably fall back. Today, fabric and feedstock index both go down, which drops the general index down.
 See from detailed fabric sale. Today, silk typed fabric sales well, such as semi-dull satin, nylon taffta, chiffon and etc. In addition, recently home textile is flourishing, downstream procurement for stock up is active, and recently knit suede fabric becomes popular on the market. Currently, a kind of super soft short plush composite TC fabric becomes popular, which is mainly made from polyester, the plush height is 1mm, and weight is 280gsm to 420gsm, mainly used for garments making, suitcase and bags, toys, home textile and etc. The fabric becomes firm through bonding process, and its hand feeling is very soft and fine, especially suit for sofa making. On operation rate, for the high temperature arrive, water jet and air jet operation rate is round 80%.
 Today, feedstock price is increased by some plants. Now, a major direct spinning plant marked FDY up by 100CNY, DTY and POY price keeps unchanged, now FDY50D/24F acceptance price is quoted at 17600CNY/t, DTY75D/144F acceptance price is at 19900CNY/t. Another major melt spinning plants marked FDY products price up by 100CNY, Now its FDY75D/144F acceptance price is quoted at 16900CNY/t, semi-bright FDY55D/24F acceptance price is at 17400CNY/t. On differential fiber, cation fiber quotation stabilized, now FDY63D/24F is quoted at 16700CNY/t. DTY160D/72F*16petal market price maintained at 19500CNY/t. Sea-island composite price keeps stable. Although, some plants quotation increased, the general sale is weakened, in mainstream plants, the production and consumption rate fall back to 70%, and some even back to 50%-60%.
International crude oil and PTA futures price is weakening, upstream cost support still exists, but for the increasing load shedding force, weaving plants wait and see attitude will be aggravated, so feedstock price is expected to consolidate.
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Editor: Candy From: 168Tex.com
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