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[Textile market atmosphere warming, textile raw materials rose across the board]
Release date:[2023/2/9] Read a total of [255] time

Just past the Spring Festival holiday, we all feel like a generation of enthusiasm and excitement. Streets of the festival atmosphere rises, the festival atmosphere of traffic flow, the Spring Festival transportation passenger flow volume in excess of the 200 million person-time, domestic tourism break through 300 million person-time, box-office chart to break 10 billion yuan in January 2023, where people are conformity .

The hot consumer market in the beginning of the year is undoubtedly a positive signal, for the following domestic market full recovery expectations, laid the foundation.

After the Spring Festival holiday, cotton and cotton yarn appeared synchronous upward trend. At present, the downstream is in the process of resuming work successively after the holiday. The market is still mainly focused on completing orders before the Spring Festival, and spot purchase and sales are still light. It is expected that after the Lantern Festival, the downstream textile enterprises will fully resume work, and the market will gradually enter a critical stage of verifying the demand.

The trading market atmosphere is warm enough to rise

China Textile City is a textile distribution center with the largest scale, complete facilities and most varieties in China. It is also the largest professional textile market in Asia. On January 29, the eighth day of the New Year, Keqiao China Textile City ushered in the first day of the opening of the New Year of the rabbit, that day, China textile City east market, North market, North market and other major professional markets have opened the door to welcome customers, the opening day of the market average open rate of 53%, among which, North market open rate of 98%. In the process of reporters visit, both merchants and buyers are full of confidence in 2023, full of expectations.

The recovery of the trading market reflects the vigorous vitality of the industrial chain.

And from the textile industry chain upstream raw material market performance can also feel silk silk warmth.

After the beginning of the New Year, one of the most intuitive feeling of textile people is that the price of commodities began to rise across the board, cotton, cotton yarn, polyester filament, polyester staple fiber, polyester chips, polyester bottle chips and other categories, have risen to varying degrees. Among them, Zheng cotton main contract for several trading days stands firm above 15000 yuan/ton.

February 2, the US cotton March contract rose, today's morning retreat swallowed up most of the previous day's gains, but still maintained range trend. Today Zheng cotton CF05 contract to dip up, close at 15045 yuan/ton, short-term can continue to rise to be confirmed. The rise in prices is being driven by higher upstream crude oil prices.

In recent days, the international oil price continues to rise, driving the domestic market in the crude oil plate to rise sharply, leading the whole commodity market. Analysts said the oil market had digested its worst start to the year slump in 30 years, and while still skeptical about a recovery in demand, crude was trying to start lifting its price focus in a market where the overall mood was warm and there was room for imagination. Under this influence, domestic related textile futures show a continuous rising trend, chemical fiber market warming at the end of the year.

Due to its complexity and policy, the overall performance of the cotton market is not as clear as that of the crude oil market. However, on January 31, China Cotton Textile Industry Association released the industry economy report in December 2022. In the report, it pointed out that the industry economy index of China cotton textile industry in December was 49.94, the highest value in the whole year, and the industry economy level maintained a trend of recovery. Among them, the business confidence index was 50.77, up 3.5 from November, breaking the line of growth and contraction for the first time since July 2021, returning to the business level.

The return of confidence has long been evident.


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