Raw Materials Weak Fabric Slightly Increased &Nbsp; Price Index Fell Slightly.

Analysis of major price indices of textiles

The 20110620 price index of China Keqiao textile index closed at 110.05 points, down 0.16% compared with the previous period.

The current price index increased by 5.14% over the beginning of the year, up 14.67% last year. This period shows that the price index of raw materials, grey fabrics, home textiles, clothing accessories and so on decreased from the first class classification, and the total price index declined slightly, but the price index of clothing fabrics increased slightly, which restricted the decline of the total price index.

Two, this week price index operation analysis

1. oil prices fell, polyester chip prices softened. Cotton price Slipping slightly. In June 10th, the New York mercantile exchange light crude oil futures in July closed at 99.29 U.S. dollars / barrel, until June 17th to 93.01 dollars / barrel; June 10th London Brent crude oil July futures closed at 118.78 U.S. dollars / barrel, to June 17th Beihai futures closed at 113.21 U.S. dollars / barrel. The international crude oil price shock declined, and the upstream polyester raw material market price was softened, for example, the PTA East China market lower spot negotiable price in June 10th was 9500 yuan / ton, to 9450 yuan / ton in June 17th; MEG East China market low spot negotiable price in June 10th was 9520 yuan / ton, until June 17th in 9470 yuan / ton. The semi negotiated price for spot acceptance in Jiangsu and Zhejiang was 12100 yuan / ton in June 10th and 11975 yuan / ton in June 17th, showing a slight downward trend in prices. Domestic cotton prices fell, for example, domestic 328 grade cotton in June 10th received 24556 yuan / ton, until June 17th, 24508 yuan / ton, down 48 yuan / ton; 229 cotton in June 10th reported 26583 yuan / ton, June 17th to 26541 yuan / ton, down 42 yuan / ton.

2. medium and small Spinning enterprises The pressure of electricity supply is increasing, and the supply of electricity is still tense. Small and medium-sized textile enterprises face multiple pressures. The people's Bank of China announced that from June 20, 2011, the deposit reserve ratio of deposit financial institutions should be raised by 0.5 percentage points, which is the sixth time that the central bank has raised the deposit reserve ratio in the year. At this point, the deposit reserve ratio of large financial institutions has reached the highest level of 21.5%, tightening policy has been further promulgated. Small and medium-sized textile enterprises increased profits. With the rise of labor costs, appreciation of the renminbi and the multiple pressures of exports, some small and medium-sized enterprises are facing difficulties in their operation. 2. The State Council has attached great importance to the shortage of power supply and demand. After entering the peak summer, electricity demand will increase significantly, the overall situation is not optimistic, some areas are more severe. Tight electricity supply and demand situation has been highly valued by the State Council. Premier Wen Jiabao and vice premier Li Keqiang made instructions to the national development and Reform Commission on many occasions, demanding that comprehensive and meticulous research and deployment be carried out ahead of schedule, and comprehensive measures to mitigate contradictions. In June 10th, the national development and Reform Commission convened the national teleconference on the peak of summer power in the year of 2011.

Three Clothing fabric The price index picked up slightly, and the interaction between summer and autumn varieties of creative fabrics. In recent years, the marketing of light textile city has been stagnant, and the price index of clothing fabrics has picked up slightly. The turnover of creative flower fabrics is still smooth. The varieties of summer and autumn fabrics are interactive. The cotton fabric, polyester fabric, polyester and viscose fabric, polyester / nylon fabric and nylon fabric price volume show a trend of unequal volume rise, which drives the fabric price index to pick up slightly. However, the fact that summer clothing is still on the spot market is still insufficient. The advantage of creative flower fabric marketing is still in existence. Influenced by heavy rainfall in the south, transportation in some areas is blocked. The polyester FDY jet printing chiffon, 118DFDY knitted printed two-sided T-shirt and mass fabric spot transactions are still insufficient. Some of the small and medium-sized business owners are relatively depressed, but some pre shop and post style cloth companies and large-scale retail stores have interactive interaction with the summer and autumn varieties of the creative fabrics, and the local fabrics of the autumn fabrics have increased. The printed cotton fabric creative flower fabric transaction is still smooth, but the mass flower spot trading is showing insufficient. {page_break}

Three, next week price index outlook

It is expected that after the traditional trading area and the corporatization trading area, the fabric turnover will still interact with the summer and autumn varieties. Due to the lack of external demand, the small and medium businesses of garment fabrics and home textile fabrics are still fatigued, and the price index is still rising significantly.

In the current period, the price index of clothing, nylon, fabric, lace, polyester and nylon fabrics and polyester fabrics rose in the top five, and the sales volume increased more than the previous period. The price index of liners, ropes, bedding, linen and household textiles is the top five in the current period. The turnover is declining compared with the previous period.