Eastern Silk Market: Weakening Sales Volume

As the 16 year's new year's Day is approaching, the volume of raw materials trading is significantly lower than that of last week, and the price of polyester and silk in upstream and downstream is supported.

Polyester taffeta, light spinning, spring Asia spinning half shell and lining material series, although the price is stable this week, the sales volume of the market has declined.

The sale of the water spray polyester and Shu Mei silk market was "steady price" in this week's sales. Among them, a cationic Shu Mei silk is very popular with the consumers.

The fabric is made of cationic FDY63D/24F and semi gloss DTY75D/36F as raw material, and its specifications are 18*3*32.

Organization.

The weaving process is more creative than the same type semi dull general polyester fabric, and the fabric quality is slightly better than a lifetime.

Because of the organic combination of cationic silk and polyester DTY yarn.

After dyeing, it has two color effect, good color fastness and excellent handle. This product is mainly used for making.

Umbrellas, bags, sleeping bags, tents, tablecloths and so on.

The amount of sports apparel in warp knitted mesh has increased, driving the sales volume of the market, while the market quotation has been temporarily stable.

The sales volume of polyester cotton is continuously decreasing, while the jacquard products, though the price is steady, and the market sales momentum has slowed down recently.

Judging from the situation of lining and weaving, due to a slight increase in the stock of lining fabric, plus the traditional Spring Festival approaching, it is expected that the market will continue to reduce the price trend next week.

The door width is 160 (CM), the weight is 100 (g/m2), and the grey cloth price is about 1.90 yuan / meter.

The colors are cherry red, rose red, purple sauce, Tibet blue and so on.

Five satin (dyed golden yellow) has been accelerating the frequency of shipment recently for gift wrapping.

Terry cloth was in the early stage of dynamic sales. Recently, buyers' willingness to buy goods has been weakened.

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According to statistics, in November 2015, the retail sales of clothing commodities of hundreds of major retail enterprises in China dropped by 5% compared with the same period last year, the lowest monthly growth rate this year, down 5.9 percentage points from the same period last year, down 6.9 percentage points from last month.

From the data of retail sales volume, the volume of retail sales of all kinds of clothing in 100 major large retail enterprises in November increased by 4.5% over the same period last year, down 1.5 percentage points from the same period last year, down 4 percentage points from last month.

From the published data, we can see that the domestic clothing sales situation has not yet shown signs of improvement, and the domestic textile and apparel market is still stagnant.

Customs data show that in November 2015, China's textile and clothing exports amounted to 21 billion 982 million US dollars, down 7.07%, down 9.71% from the same period last year.

As of November 2015, textile and clothing exports grew negative year-on-year in 10 months this year, and the growth rate is still negative.

It can be seen that the downstream consumption demand of cotton is still not optimistic.

Recently, Zheng cotton main contract 1605 continued low oscillation, seems to have a rebound intention, but the market has no obvious positive factors support.

This year, the global cotton market showed a shortage of supply, but because of the high inventory at the end of the year and the weakness of downstream consumption, cotton prices showed a weak rebound.

The US Department of agriculture's latest supply and demand data show that the estimated global cotton output in 2015/2016 is 22 million 580 thousand tons, 3 million 353 thousand tons less than the previous year, and the global cotton consumption increased by 221 thousand tons to 24 million 252 thousand tons over the previous year.

Global cotton production has declined sharply and demand has increased slightly, making the supply and demand pattern of the global cotton market changed from last year's surplus to the current shortage, with a shortage of 1 million 672 thousand tons.

However, the global cotton end of year inventory forecast value of 22 million 729 thousand tons, although 1 million 659 thousand tons lower than the previous year, but still at a record high.

However, if we exclude domestic inventory data, we can see that the global cotton end inventory and its inventory consumption ratio data are not as obvious as those of previous years.

That is to say, the trend of global cotton in later stage also depends on the "color" of domestic cotton stocks.

According to the latest estimates of the US Department of agriculture, China's cotton output in this year is forecast to be 5 million 291 thousand tons, 1 million 241 thousand tons less than the previous year, consumption of 7 million 76 thousand tons, 109 thousand tons less than the previous year, and cotton imports of 1 million 197 thousand tons, down 607 thousand tons from the previous year.

Based on the above production and sales data, China's cotton production and import data showed a decline of different ranges this year. Cotton supply and demand also changed from the supply wide balance pattern of last year to the supply shortage situation, with a shortage of 588 thousand tons.

It is noteworthy that China's 14 million 156 thousand tons of final inventory, though 632 thousand tons lower than the previous year, is still at a record high.