The Shengze “50 Index†reflects the overall situation of the development of the textile industry in Shengze District from the time series. In a sense, it also reflects the business situation of the company. It is the largest production scale or large net cash of 50 silk fiber textile enterprises Shengze flow basis, a monthly publication of statistics. The Shengze 50 Index reflects the fluctuations in the operating efficiency of major companies in Shengze, reflecting to some extent the changes in the competitiveness of enterprises. The Shengze “50 Index†adopts the fixed-base index method, which uses August 2007 as the benchmark period to provide a benchmark from a vertical perspective, providing a reference for companies and market researchers.
According to the National Ministry of Commerce China·Shengze Silk Chemical Fiber Index (hereinafter referred to as “Shengze Indexâ€) monitoring data shows: In September 2017, Shengze “50 Index†rose to close at 1332.74 points, compared with August 2017. The increase was 2.17 points, an increase of 0.16%.
First, the various factors affecting the strength of the September 50 index:
1, winter fabrics are sold locally
From the market point of view, after the Mid-Autumn Festival, the fabric market gradually recovered, but the order volume has increased, in the relatively high season in the second half of the year, the downstream market demand is still good, especially down jackets, casual fabrics , which are ultra-fine denier spinning, The production enthusiasm of high-density Chunyao, Jinmian, polyester-cotton and other fabric manufacturers has improved, and the market conditions of home textile fabrics such as jeanette series have shown a good trend. The inventory of grey cloth in Shengze area was about 27 days, down 1-2 days compared with the same period of last year. Some manufacturers' sales specifications have no stock. In terms of operating rate, due to the better performance of market orders, manufacturers have higher enthusiasm for production. The operating rate of water jet and air jet looms is over 80%, which is about 10% higher than that of the previous month.
2. The focus of polyester filament trading is slightly higher, and inventory remains low.
The crude oil market performed well in September, and the overall price continued to rise. After the break in the middle of the month and rose to above $50/barrel, it remained in a narrow range. PTA fluctuated within a narrow range of 5,200 yuan / ton this month, with high fatigue and strong resistance. Ethylene glycol was implicated in the mid-term due to the large commodity market, and prices continued to fall. The downstream textile enterprises have stable operating rates, and their demand is more positive at the beginning and end of the month. Polyester filament month deal last month, slightly higher center of gravity, inventories remain low, ample cash flow. In September, polyester filament stocks fell from last month. At present, POY stocks are in 5-10 days, FDY is in 4-11 days, and DTY is 14-19 days.
3. The new printing and dyeing regulations will be implemented soon, and the dyeing fees will continue to rise.
This year, the textile industry suffered the most serious "environmental kill", the focus of regulation also on the printing of this partial "chemical" industry. In order to further standardize the management of printing and dyeing industry, speed up structural adjustment and industry upgrade, the new version is about to perform printing new regulations will mean equipment required for printing and dyeing industry, the rate of qualified products more strictly regulate. In addition, the three-dose increase in dye prices has also led to the increase in dyeing fees. From September 4th, the price of the black ECT 300% factory ex-works was 45,000 yuan/ton, up by 5,000 yuan/ton on August 24, an increase of 12.5%. Therefore, since August, major printing and dyeing factories have raised the price of dyeing, such as chemical fiber increased by 0.10 yuan / meter, cotton increased by 0.20 yuan / meter, grosgrain increased by 0.10 yuan / meter.
Although the “50†index is showing a strong trend, we should also see that there are still some negative factors behind the market.
September textile exports volume declined slightly
According to the latest statistics of the General Administration of Customs of China, in September 2017, China's textile and apparel exports amounted to US$23.75 billion, a decrease of 9.64% from the previous month and an increase of 4.33% from the same period last year. Among them, the export value of textiles (including textile yarns, fabrics and products) was 8.969 billion US dollars, up 16.18% year-on-year; the export value of clothing (including clothing and clothing accessories) was 14.78 billion US dollars, down 1.76% year-on-year.
From January to September 2017, China's textile and apparel exports totaled US$1985.19 billion, up 0.94% year-on-year, of which textile exports totaled US$80.664 billion, up 2.91% year-on-year; apparel exports totaled US$117.855 billion, down 0.37 year-on-year. %.
Second, the following analysis from the classification curve trend to affect the reason for the 50 index higher
The following four types of curve charts (average total sales, average sales weight, average raw material purchase amount, and average total salary) are all comprehensive trends of 50 enterprise sub-indicators. The curve only reflects the fluctuation of operating efficiency of major enterprises in Shengze area. To a certain extent, it reflects the changes in the competitiveness of enterprises.
The average total sales shows the sales volume of “50 companies†and the price changes of products. From the average sales total curve chart, we can see that the average sales of “50 companies†in September closed at 1351.9388, which was 49.1372 points higher than August, or 0.36%. In September, the market sales momentum was good, especially the conventional products, polyester taffeta and Chun Yafang fabrics, ushered in a wave of purchases, such as 190T polyester taffeta, 290T polyester taffeta, 300T polyester taffeta market transactions continue to enlarge. Or will continue to "slam the fire" market. When the sales of grey cloths are good, it is natural to be more objective in purchasing raw materials. With both raw materials and fabrics moving smoothly, the average sales volume increased slightly from last month.
The average sales weight shows the number of “50 companies†selling cloth and raw materials, which in turn shows market activity. As can be seen from the average sales weight curve chart, the average sales weight of the “50†companies in September closed at 472.0084, down 104.6238 compared with August, a decrease of about 2.2%. This indicates that the overall sales volume of the market in September was lower than that in August. The main reason was that some of the goods were sold due to environmental protection and other reasons, and the market sales volume decreased slightly.
The average purchase amount of raw materials shows the company's procurement situation and production enthusiasm in the current month. From the average raw material purchase amount chart, the average purchase price of “50 companies†in September closed at 1013.0756, up 134.194 from August, or 13.2%. In September, the prices of raw materials in the upstream increased steadily, and 50 enterprises were relatively strong in terms of financial strength. Therefore, they were relatively flexible in the operation of stocking, especially in the expectation of the later market, the enthusiasm for replenishment increased.
From the average total wage curve chart, the average total wage of “50 companies†in September increased slightly from August to close at 104,935,32,832 points, up by 55,628.349, or 5.3%. The main reason for the increase in the average total wage in September was due to the peak season of the textile factory in September, and the textile enterprises completed some orders ahead of schedule, so the overall market performance was good this month, so the factory operating rate was higher, so the workers The wages will also rise accordingly.
Third, the market outlook
Overall, the market was relatively stable in September, and there are some bright spots, such as the sales of fabrics in autumn and winter, but the next October is still in the traditional peak season, and the market is expected to accelerate. After the downstream consumes the stock, there will definitely be a wave of replenishment, and the price of chemical fiber raw materials will be able to go out of the way. In addition, as the fabric market gradually deepens in winter, it is expected that the status of orders will also improve. Therefore, the “50†index may be raised in October.
Waterproof Seam Tape Sewing,Waterproof Jacket Seam Tape,Waterproof Tape For Tent Seams,Waterproof Tape For Clothing Seams
Jiangmen M.F.B.S. Machinery Ltd. , https://www.newpowerhk.com