Shaoxing China Light Textile City Long Silk Cloth Continues To Fall

After entering the autumn sixteen weeks, the long silk cloth of Shaoxing China Light Textile City continued to decline, and the decline was larger than that of last week.

Since a week ago, the traditional market of textile city has been affected by rainy weather. Customers are disorderly and fragmentary. The volume of passenger flow is still less than that of last week. Mass cash in and out is rare, and the circulation of goods tends to be slow.

It is mainly divided into retail repurchase and repurchase orders. Among them, spring uses thin wire cloth and imitation linen, and the sample is more than last week.

Long silk cloth is mainly due to foreign trade orders and domestic.

The reduction in sales has affected the overall market's marketing fever and continues to decline significantly, and a marked increase compared with last week.

For a week,

In the traditional market, the customers in different areas of the decorative cloth business are less than last week. The direct demand for goods is intermittent and the delivery of orders is still declining. The main reason is that the two grade market has been reduced, and foreign trade is less than last week, resulting in an overall increase in the market of decorative cloth marketing.

This week, Textile City

All kinds of woven polyester filament based window dressing fabric (curtain fabric, window screen and some knitted curtain gauze), sand release (including woven yarn dyed fabric, woven yarn dyed velvet), cushion cushion (island fiber suede) cloth and other decorative cloth (here only refers to woven decorative cloth), total sales volume fell by nearly 8% compared with last week, compared with the same period last year fell by nearly 23%.

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This year's spot sales are similar to that of last year. Textile mills are looking for high grade flowers in the spot market, and low grade sales are not ideal.

In the early years of seed cotton listing last year, many spot traders and ginning plants rushed to the Xinjiang plant to seize cotton and a large number of lint piled up in the intermediate links.

Many enterprises choose to store up goods while waiting for the peak season to come, but demand can not keep up.

After that, a large number of low class flowers were left in hand, and enterprises suffered varying degrees of losses.

In the end, only those "fast forward and fast out" enterprises can barely keep their profits.

This year, middlemen began to be very cautious from the acquisition of seed cotton, not only grasping the quality of new flowers, but also paying attention to purchasing prices.

Some enterprises, in the difficult spot sales, pay more attention to hedging opportunities. The best way to cash in the remaining cotton is to make warehouse receipts. The price discovery function of the futures market will guide these cotton to a reasonable price range.

Over the past two years, the textile industry has undergone a rapid decline.

The downward trend of the macro economy caused the domestic consumer demand to be depressed, and the cash flow of enterprises was tight. The textile mills basically adopted the purchasing pattern of buying and using with the purchase, and the general commercial stocks were in the 20 to 30 days.

In terms of operating rate, it starts with orders and basically does not retain too many finished products.

In the past, the domestic economy has greatly increased, and continuously pushed up the cost of manufacturing industry. The high cost of materials and the high wage cost have led to the domestic manufacturing industry no longer competitive advantage in the international market.

On the contrary, production advantages of some emerging Southeast Asian countries such as India and Vietnam show that China's textile share begins to shift to these countries.

In addition, the number of cotton imports has been shrinking in China, but the number of yarn imports continues to increase.

India and Vietnam yarns are constantly flowing into China with price advantage. Domestic cotton consumption and cotton imports have been pformed into yarn imports. The development of textile mills is no more than several choices. One is to abandon the production of low count yarn and turn to produce high count yarn or special yarn. The two is to reduce the price of yarn and compete with India and Vietnam.

As a result, domestic demand fell and cotton prices descended.