Comment On "China Shengze Silk Chemical Fiber Index" Last Week

Polyester FDY, DTY silk warp knitted corduroy, warp knitted snow velvet and weft knitted cotton velvet, occasionally small batch and multiple batches of spanactions, the overall market turnover showed a slight trend. Lately Cocoon silk Before the price index continued to decline, it closed at 101.50, down 0.06 points compared with the previous period.

According to the data monitored by 350 purchasing units, this week China Shengze silk chemical fiber index showed a "reverse V" trend. Among them, the chemical fiber index closed at 97.36 points, compared with last Friday, down 0.02 points; chemical fiber price index closed at 97.29 points, compared with last Friday, a slight increase of 0.01 points; chemical fiber price index fell sharply in the week, closing at 97.30 points, compared with five last week, a 0.07 point drop. Cocoon and silk products price index continued to decline last week, closing at 101.50 points, down 0.06 points compared with last Friday.

Conghua fiber products price index chart shows that this week, the chemical fiber price index showed a "reverse V" trend, mainly due to the fact that the sales volume of the market is now flourishing, and the weaving enterprises' operating rate is generally not high, and the demand for upstream raw materials is not improved. In addition, crude oil fell sharply this week, making the whole raw material market shrouded in a sad atmosphere, so the downstream purchasing boom is not high, mostly on demand procurement, thereby dragging down the index weakness.

This week, the price index of chemical fiber fabrics closed at 97.29 points, a slight increase of 0.01 points compared with last Friday. From the perspective of Shengze market, the sales of fabric products are flourishing at present. The manufacturers' orders are mainly made of summer fabrics, and the simulation silk is still strong, such as 30D chiffon, elastic satin and crepe fabric. Because the market of Shengze mainly deals with chemical fiber fabrics, and the fabric processing technology is more common, many enterprises have more or less a share.

At present, there are still more varieties of knitted warp knitted fabric, knitted fabric, knitted jacquard cloth, knitted rotten flowers, knitted water melted cloth, knitted composite fabric and knitted flannelette cloth, but the quantity of spot market is still relatively insufficient. The turnover is mainly based on intermittent small batch, and there are occasional batch spanactions in single batch, and the overall market sales volume is still relatively insufficient. with Polyester filament There are still quite a few varieties of main raw materials, including sequins and other metal wires, special silk knitted fabrics, and stage fabric, but the quantity of spot listing is still relatively insufficient. The turnover is mainly based on intermittent small batch, with occasional small batch and multi varieties matching, and the overall market sales volume is still relatively insufficient. In addition, the home textile knitted warp knitted flannel has continued to shake down. The printed single face fleece, printed double-sided fleece, printed fleece, dyed single face flannelette, dyed velvet, knitted fabric, printed knitted fleece, printed wool brushes, dyeing and plush and dyed brushes are mainly made of polyester FDY and DTY silk knitted fabrics with large circular knitting. Polyester FDY, DTY silk warp knitted corduroy, warp knitted snow velvet and weft knitted cotton velvet, occasionally small batch and multiple batches of spanactions, the overall market turnover showed a slight trend.

From the perspective of hot selling products, at present, a kind of elastic twisting Chiffon is popular among many merchants. It has become the highlight of the market. It needs more and more goods. The warp yarn is made of polyester FDY75D/72F yarn and polyester DTY100D/48F+40D spandex yarn is used as raw material. The fabric can be dyed single or dyed with digital inkjet printing, rotary screen printing and spanfer printing. The printing process is very complicated and the texture is clear. A honeycomb fabric is made of 270D polyester different shrinkage mixed yarn (150D polyester POY yarn and 120D polyester FDY composite) and middle twist; the weft and weft yarn is blended with 250D viscose rayon and low twist; the warp and weft density is 560 x 220 /10 cm, and honeycomb weaves are used to interweave rapier looms. The fabric is dyed through relaxation, scouring, alkali content and dyeing (disperse dyes, cationic dyes dyed polyester and modified polyester, viscose artificial Si Liubai). The product is novel in design, with honeycomb weave pattern, soft handle, slippery waxy and good drapability. It is the ideal fabric for women's suit and men's jacket.

This week's chemical fiber price index fell sharply this week, closing at 97.30 points, down 0.07 points compared with last Friday. Judging from the upstream raw materials, crude oil prices continued to drop this week. As of May 9th, New York crude oil futures in June fell 0.20 U.S. dollars to 96.81 U.S. dollars / barrel; Brent June futures rose 0.47 U.S. dollars, to close at 113.20 U.S. dollars / barrel. PX market also continued to decline, Asian PX fell 11 to 1505 yuan / ton FOB Korea, Europe PX stability in 1480 U.S. dollars / ton FOB Rotterdam. The PTA market has slipped around 100 yuan this week. The price of the PTA insider negotiated price dropped to 8650 yuan / ton; the price of China's Taiwan cargo talks slipped to 1155 US dollars / ton; the South Korean goods negotiated price dropped to 1150 US dollars / ton.

from Chemical fiber raw material In view of this, crude oil prices continued to decline this week, which has brought a heavy blow to the entire polyester industry chain. Coupled with the current downstream cloth sales are still being tempered, cloth inventory is still high. This makes the weaving factories more cautious in purchasing raw materials, but the stock in most polyester factories is still normal, plus most of the products are in capital preservation or loss, so the polyester market is steadily weakening this week. From the price point of view, this week Shengze polyester FDY50D/72F cash offer is 14600 yuan / ton, FDY50D/24F cash offer is 13900 yuan / ton, DTY150D/48F low bomb cash quoted price is 14000 yuan / ton, DTY150D/144F cash quoted price is 14000 yuan / ton, DTY150D/288F cash quoted price is 14100 yuan / ton. The polyester Market in Xiaoshan market is weakening. The local mainstream factory POY buyout price fell 100 yuan / ton, DTY75D/72F fell 100 yuan / ton, the rest are not moving, now the DTY75D/72F quoted price is 14800 yuan / ton, 150D/48F low bomb quoted price is 12900 yuan / ton, FDY66D/24F quoted price is 12900 yuan / ton, 150D/96F quoted price is 11600 yuan / ton.

Judging from the current situation, the weakness of the terminal market has fundamentally affected the sale of polyester and further increased the stock pressure of polyester factories. However, with the support of cost, the polyester market can still be maintained. But now the external market is showing signs of bad profits. The price of raw materials upstream of polyester has been loosened due to the fall in oil prices, coupled with the mentality of the downstream weaving Market and raw materials themselves, which can not give any support to polyester. The pessimism of the market has begun to spread. Therefore, a new round of downward trend in polyester market will appear.

Cocoon and silk products price index continued to decline last week, closing at 101.50 points, down 0.06 points compared with last Friday. From the chart, cocoon silk market began to decline continuously in late April, and its main reason is still attributed to the upcoming spring cocoon and worries about various uncertainties, resulting in continuous weakening of cocoon silk. From a macro perspective, the US consumer confidence index in April was 69.2, the weakest in January, and the international economy still can not hope for more. However, the market environment in India is better. The import tariff policy of raw silk in India is still maintained at 5%. The prices may have fallen less at this price. Downstream demand is not stable, and the possibility of price rise is decreasing. Obviously, under the prospect of downstream consumption is still unknown, cocoon silk market consolidation this week is also reasonable. In the first quarter, China Real silk The total exports of commodities and silk products were all down, and the weak export volume was affected by the weak economic recovery in Europe and the United States. It is expected that the trend of silk market will also be weak.