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Textile Upstream Raw Materials, New Wave Or Challenge Demand Top

2010/10/13 23:45:00 55

A slight weakening of the upstream price increases rapidly.

Throughout the three quarter,

Textile raw materials

In addition to acrylic fiber market, the re interpretation of the overall rise.

Cotton and staple fiber prices rose more than 10%, especially polyester staple, the most powerful, up to 21.30%.

In polyester filament, DTY was the biggest increase, and the number of nylon filament increased by FDY.

Spandex due to downstream demand, 20D in the three quarter of 3000 yuan / ton reduction, or 0.4%, and 40D demand is the most popular, rising 3000 yuan / ton, or 5.56%.

Only

Acrylic fibres

Fiber, because no downstream support fell across the board, the biggest drop is 3D in the long Pu fiber.

While the price of textiles rose further, the central parity of RMB against the US dollar reached a new high for 8 consecutive days, and in September 21st it exceeded the 6.7 barrier.

Many foreign trade enterprises have reduced the losses caused by exchange rate fluctuations through long-term settlement.

The rising of internal price and the appreciation of RMB against the US dollar will bring heavy burden to export oriented enterprises, and the prospect of textile and garment export is not optimistic.

Data released by the National Bureau of statistics and China Federation of logistics and purchasing show that in September 2010,

CFLP

China's Manufacturing Purchasing Managers Index (PMI) was 53.8%, an increase of 2.1 percentage points from last month.

On the basis of 3 consecutive months of decline and a slight rebound in August, the PMI index continued to rise in September, indicating that the callback process of economic growth has basically stabilized.

The strong and weak demarcation points of the PMI index above 50% indicate that the slowdown in economic growth is slowing down.

On the contrary, the textile raw materials market is affected by seasonal demand. In the middle and late 8 months, it gradually recovered and entered the rising channel.

In 1~8 months, textile and apparel exports totaled 129 billion 800 million US dollars, an increase of 23.7% over the same period, including 49 billion 510 million US dollars in textile exports, an increase of 32.3% over the same period last year, and 80 billion 290 million US dollars in clothing exports, an increase of 19% over the same period last year.

In August, exports of textiles and clothing increased by US $20 billion 140 million, an increase of 28.3% over the previous year, a decrease of 3.1% over the same period, of which 6 billion 680 million US dollars in textile exports, an increase of 29.5% over the previous year, a decrease of 7.1% over the previous month, and a 13 billion 460 million increase in clothing exports, a 27.8% increase over the previous year, and a decrease of 1% over the same period.

Clothing exports grew year by year with textile gradually.

Exports of textiles and clothing increased significantly over the same period last year, but in the traditional off-season, the export chain ratio declined in August.

At the same time, the domestic textile raw material prices fell in different degrees in July and August.

8 in the latter part of the month, the raw materials of cotton textile were vigorously pushed up, and prices rose sharply under the support of the market.

Fortunately, global textile prices are not China's "single rise". Textiles in neighboring countries such as India and Pakistan are also on the rise.

For this surge of global raw material prices, what kind of situation can international demand tolerate? It left suspense for the last quarter of this year.