The peak season of the textile industry is approaching, the market for textile raw materials can be expected

Since July, the off-season characteristics of textile terminals have become more obvious, and the price, sales volume and profit of grey fabrics have all declined. The growth rate of textile exports slowed down. According to the statistics of the General Administration of Customs, my country's textile and apparel exports in June amounted to US$24.09 billion, a year-on-year increase of 5.3%. In the general climate of sluggish terminal consumption, the textile raw material market has shown an adjustment state of "limited growth and limited decline", but the price center has increased. According to the Business Society Textile Index, the textile index on July 30 was 1043 points, which was the same as yesterday. It was 2.89% lower than the highest point in the cycle of 1074 points (2013-02-19), and 930 points from the lowest point on July 1, 2012. An increase of 12.15%. (Note: Period refers to 2011-12-01 till now)

Driven by the continued increase in international crude oil, the overall market for PTA has strengthened. According to the price monitoring of the business agency, the monthly increase of PTA was 0.65%. The current price in East China is around 7,700 yuan/ton. From the perspective of the entire industry chain, many old PX devices in the upstream will be overhauled. The 800,000-ton PX device of Tenglong Aromatics Phase I, which the market has high expectations, exploded during the hydrogenation test in the early morning of July 30, and the official commissioning time will be delayed again. , The domestic PX supply is expected to be tight in August. Downstream textile companies operate on a "quantitative basis", which will have an impact on the purchasing power of polyester filaments in the future. In the short term, the polyester filament market will focus on a smooth transition.

The spot market price of third-level real estate cotton was 19,271 yuan/ton at the beginning of the month and 19,199 yuan/ton at the end of the month, a decrease of 0.38%. The domestic cotton price was running steadily and weakly. In July, the domestic cotton market supply was basically controlled by cotton dumping. The cotton price trend under the policy support was relatively stable. The state cotton dumping ended at the end of July. Some textile enterprises have sufficient cotton reserves, and the spot price of new cotton will be relatively stable before the listing. Cotton analysts of the business club predict that the global economy is still in a weak recovery phase, and consumer demand is difficult to effectively release, so the domestic cotton market will be stable in the short to medium term.

On July 31, the commodity data provider-Business Society (100ppi.com) released the July 2013 bulk commodity supply and demand index BCI of -0.06, with an average increase of 1.05%, reflecting the contraction of the manufacturing economy in that month compared with the previous month. , The economic downside risks are weakened. And in August, the domestic textile industry gradually entered the peak season of the second half of the year. Many industry insiders said that with the arrival of the seasonal peak season for textiles, the demand situation is expected to grow steadily and support the expectation of a strong increase in the price of textile raw materials. Business analysis Shi Xia Ting believes that the textile raw material market will slowly pick up.