Eastern Silk Market: Rising Sales Of Down Jacket Fabrics
The volume of fabric turnover has not changed a lot. Compared with last week, the market volume of the fabric is relatively cold and hot. However, due to the arrival of winter, the sales timing of the down garment fabric is coming, and the volume of the billet, which is suitable for the down garment fabric after PU and color coated, is slightly rebounded.
The volume of goods near Oxford sunrise is mainly reflected in bags and fabrics, and some special specifications of price trends have been slightly adjusted. For example, polyester fiber jacquard Oxford cloth 300D*300D diamond cloth is currently priced at 4 yuan / meter.
The fabric has the characteristics of strong stereoscopic feeling, fine velvet, soft and comfortable, and good drapability. The fabric can be processed after compounding, printing, embroidery, quilting, embossing, crumming, punching, Teflon, coating, breathable and moisture permeable coating, TPU film and so on.
It is suitable for making all kinds of sofa, cushion, bedding, shoe material, decorative articles, etc., and can also be used for making all kinds of windbreaker and casual wear for men and women.
The cloth surface is 145cm and the weight of fabric is 265 (g/m2).
tofo
The wholesale price is 6.20-6.60 yuan / m, and its products are mainly exported to Shaoxing, Wuhan, Liaoning, Guangdong and other places.
Knitted warp knitted fabrics are generally sold in the market, and the trading patterns are different.
Fluorescent cloth
There are sporadic shipments.
The whole order of the scarf fabric has increased in the market this week, and the market participants still have confidence in the short-term market of the strong twist fabric market.
While the sales of jet cotton series fabrics have been slightly increased, but the price trend is stable and weak, and there is a good momentum of selling suede suede on the island. Among them, a honeycomb weft suede is favored by businessmen, and the purchase is quite enthusiastic.
The fabric adopts the
Fabric
The warp line is made of polyester DTY75D/72F; the weft line is made of island composite wire 225D; the double weave fabric is used to interweave on the water jet loom, and a honeycomb shape is formed on the cloth surface.
Grey fabric is first refined by relaxation, alkali reduction and dyeing, and then softer and finalized.
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From the second half of last year to July this year, the downstream textile enterprises have achieved fairly good returns.
But since July, according to our understanding, the profit margin of cotton yarn in textile enterprises has declined. More importantly, cotton yarn sales are facing great difficulties. The cotton yarn inventory of textile enterprises has risen to more than 30 days, and the repayment of enterprises has generally been postponed.
Enterprises are facing great pressure, and more and more SMEs choose to stop production.
At the same time, the cost control of textile enterprises is more and more strict, so as to suppress cotton prices. Cotton procurement is also delayed as much as possible, so as to control inventory size as far as possible.
In late September, cotton started a rapid decline.
The market is worried about the poor quality of new cotton, and the pessimism of the downstream industry has a negative impact on the market.
However, the futures market has already been heavily priced in stock market. The purchasing price of large enterprises also supports the futures market, and the low purchasing power of the market is relatively strong.
This year, the price difference of cotton with different quality is obviously different.
Such as Hubei real estate cotton 3128B class delivery price can reach 13100 yuan / ton, and in short supply, and the quality of cotton can be sold to 12600 yuan / ton.
The price of 3128B class cotton picking in Xinjiang area is 12200 - 12400 yuan / ton and hand picked cotton is 13000 - 13200 yuan / ton.
But Xinjiang's grade 3127 cotton is only 11500 - 11800 yuan / ton, and the price difference reaches 700 yuan / ton.
Overall, quality spreads widen this year.
At the same time, the futures price is very high this year.
At present, the price of the 1601 contract is 12200 yuan / ton, and the 1605 contract price is 11700 yuan / ton. Compared with the current spot price, the standard grade cotton discount is 900 yuan / ton, 1400 yuan / ton respectively, and the discount for the low grade cotton is 700 yuan / ton, 1300 yuan / ton respectively.
At present, the absolute price of cotton is only 13000 yuan / ton, and the discount rate is close to 10%, so the low position buying is also more positive.
A large enterprise in Shandong has issued a quotation for its lint purchase, of which 3128 level offers 12400 yuan / ton, 3127 level offer 12000 yuan / ton, 1228 level offer 12300 yuan / ton, 1227 level offer 11900 yuan / ton, the difference between the length of 1mm only is 400 - 600 yuan / ton, and 27mm refuses to accept it.
The price is lower than the spot market's 13100 yuan / ton, but higher than the futures market's 12200 yuan / ton.
Because of the huge volume of procurement, it is equivalent to putting a price similar to the state's small batch purchase and storage of the market, which is currently relatively high spot price, but also provides support for the bottom price of the spot, thereby indirectly raising the bottom price of cotton futures.
Generally speaking, at present, the cotton market is mainly guided by the main contradictions such as low grade warehouse and cotton futures pressure and futures discount.
Other contradictions, such as a sharp reduction in production, the need to sell national cotton reserves, and a relatively low downstream demand, are relatively minor.
But in the short term, the quality of cotton in the late stage is improving gradually, and the purchasing price of large enterprises is also higher than that of the futures market. The larger discount makes the safety margin of buying futures higher, and the short-term price will be supported at the bottom.
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