On February 9th, most textile and apparel enterprises had already resumed normal operations. Quotes for yarns and fabrics have risen to varying degrees. However, downstream demand has not significantly increased in response to the rise in upstream raw material prices. Therefore, sales of textile enterprises have not effectively followed up. "Labor shortage" is an inevitable issue after each Spring Festival, and raising wages and improving benefits have become a common practice for employers to retain workers.
In 2012, China's textile and apparel export situation may become even more severe, not only domestically but also internationally as overseas competitors face similar challenges. Vietnam's Ministry of Industry and Trade stated that the textile, apparel, and fabric raw material production industries are showing a gradual decline due to reduced export orders and domestic sales. Indonesia has lowered its annual textile and apparel export target to $13 billion from the earlier target of $13.7 billion because last year's goal was not achieved.
Jiangsu Shengze Market: Today, the trading volume of all-cotton yarns is not large, but the price trend continues to rise. From the perspective of product sales, there is a good demand for 32s all-cotton yarn, mainly used in air-jet cotton and nylon series. Other specifications have relatively average transactions. In blended yarn products, some varieties of polyester-cotton yarn prices continue to adjust upwards; prices of polyester-viscose yarn series products remain stable with slight increases, but trading volumes are not significant. Pure polyester yarn prices show upward trends, but trading volumes are not large, while polyester staple fiber prices remain temporarily steady. Viscose yarn market conditions continue to rise, and price trends still see comprehensive upward adjustments. The market price of viscose staple fibers continues to be firm. It is expected that the viscose yarn market will still have an upward adjustment trend in the future.
Our website's January survey of textile enterprises shows that most companies expect higher raw material prices in the near future, leading to increased cotton inventory. Most also hold optimistic views regarding the price trend of yarns.
Zhili Cotton Fabric City: Recently, driven by cost factors, some fabric prices have continued to adjust upwards, and trading volumes have rebounded. Colored woven check fabrics have started appearing on the market, but sales have not yet taken off. Analyzing the current cotton fabric city market, the overall fabric market focuses mainly on springwear fabrics, meeting the needs of local children's clothing manufacturers. It is expected that the market will still have an upward trend.
Southwest Textile Market: After the Lantern Festival, textile enterprises resumed operations on a large scale. Most employees of textile enterprises returned to their posts on time, and production has largely returned to normal. Cotton fabric and cotton-blended fabric quotes have both risen and fallen, but overall, rises outnumber falls. In cotton-blended fabric quotes, many varieties have increased by 0.20-0.30 yuan per meter, though varieties with unchanged prices still account for more than 50%.
Ji-Lu-Yu Market: After the Lantern Festival, most textile and apparel enterprises have resumed production, but due to incomplete employee attendance, some enterprises are still operating at half capacity. In terms of pure cotton yarn: Since cotton spot prices continue to rise, spinning enterprises have raised cotton yarn quotes after resuming work. It is understood that cotton yarn quotes have generally increased by 500-1000 yuan/ton compared to before the festival. Currently, the mainstream quote for C32S cotton yarn is around 26,500 yuan/ton, with higher prices around 27,500 yuan/ton. For polyester-cotton yarn: Since the end of last year, polyester staple fiber prices have cumulatively risen by 1,800 yuan/ton, combined with continuously rising cotton prices, which have led to increased costs for polyester-cotton yarns, causing transaction prices to rise accordingly. Currently, the mainstream transaction price for T63/C3532S polyester-cotton yarn is between 20,500-21,000 yuan/ton, with higher prices between 21,000-21,500 yuan/ton. For viscose-rayon yarn: Recently, viscose staple fiber prices have continuously and significantly increased, nearing 18,000 yuan/ton, thus driving up downstream viscose-rayon product prices significantly. However, due to the rapid increase in viscose staple fiber prices, profits from viscose-rayon yarn production have drastically decreased. Currently, the mainstream transaction price for R30S viscose-rayon yarn is between 21,500-22,000 yuan/ton, with higher prices between 22,000-22,500 yuan/ton.