Keqiao Textile Index June Overall Boom Output Fell, Sales Fell, Business Index Fell

"China Keqiao textile index" in June 2019, the total prosperity index closed at 1228.33 points, a decrease of 2.56%, a 1.18% rise from the beginning of the year, down 6.63% from the same period last year.

　　 Summary of China Textile City June

According to statistics monthly report: in June 2019, China Textile City's textile market volume was 554 million 790 thousand meters, down 21.40%, up 15.69% compared with the same period last year; total volume of 3 billion 601 million 580 thousand meters in 1-6 months, up 15.94% over the same period last year. In June, the turnover of textile market in China Textile City was 8 billion 772 million 10 thousand yuan, down 21.20%, up 14.52% compared with the same period last year. The total turnover in 1~6 month was 57 billion 10 million 280 thousand yuan, up 14.61% over the same period last year.

Circulation link down

Circulation index fell

In June 2019, the total market circulation index closed at 1161.20 points, down 2.40%. In June, the textile market entered a period of recession, and the market of textile circulation was rather dull.

A little less, a little more. Many cloth owners are saying that although the market is not very good, the number of orders in the market is not much less than that in previous years, but the relative number of tens of thousands of meters or even hundreds of thousands of meters has become extremely rare. With the change of consumption concept, garment enterprises will meet the needs of individuality, and a small number of them will become a new normal. Who can first adapt to this new normal, who will take the lead in the future textile market.

There are many phenomena of selling goods, which turn into "regular operation". In June, a lot of conventional products were sold out in the market. Many weaving enterprises sold the grey cloth at below cost, but it may be because too many people were throwing away, even if they were sold, they could not sell in many cases. Due to the excessive growth of peripheral looms, the oversupply of conventional products in the market, coupled with the fact that the market was not very prosperous, eventually led to excessive inventory of weaving enterprises. Too much inventory has brought huge financial pressure and can only be thrown into stock to maintain operation. The situation of oversupply will not be reversed, and the phenomenon of selling will continue. In June, prices of raw materials and grey fabrics were at a low level, and the future could always rise.

Due to the downward trend of downstream demand, the traditional marketing of textile city is shrinking locally, and the spot sales of products in summer are decreasing, and the delivery of orders for products in the autumn is insufficient. The circulation of orders for public fabrics is decreasing, and the local sales are shrinking.

1, the size of the circulation index fell. In June, the market circulation index closed at 1075.38 points, down 5.29%. Because of the decline in traditional market conditions, the number of consumers in the north and south of China has been decreasing, the traditional marketing scale has been shrinking than that of the traditional market. In the summer, the spot sale of public products has been decreasing, and the delivery volume of orders has been reduced locally. The turnover of popular fabrics, such as dyeing, printing and jacquard, embroidery, yarn dyed fabrics and so on, has been on the decline, and spot trading and orders delivery have been partially reduced. The demand for domestic textile market in the textile industry has been on the down side, because the volume of products sold has declined, resulting in a decline in the scale of circulation in June.

2, circulation volume index fell. In June, the market turnover index closed at 1096.27 points, down 4.84%. Because of the lower demand for dyeing and printing products, the turnover volume of the circulation market decreased, and the spot sales of local fabrics decreased in the summer. The delivery of orders was partially down, and the demand for domestic products decreased. The volume of products sold decreased, and the profit margin of public products decreased compared with the decline in sales volume, which led to a decrease in circulation volume index in June.

3, the sales volume index fell. In June, the market sales volume index closed at 1061.45 points, down 5.59%. Because of the decline of traditional market quotation, the sales volume of the northern and southern customers of the popular fabric decreased, the sales volume of the textile market was shrinking than that of the market. The textile market in summer was lower than that of the conventional fabric and the variety of the leisure fabrics in the summer. Some of the small and medium-sized businesses, the two tier market of the popular fabric, the subscriptions of the north and South merchants and the garment production enterprises subscribed, the number of buyers and sellers decreased, the local sales of the dynamic marketing varieties were reduced, and the local marketing became more and more dull, which led to a decline in the circulation sales volume index in June.

4, circulation confidence index fell. In June, the confidence index of the circulation market closed at 980.03 points, down 1.66%. The market demand index index fell: in June, the market demand index closed at 950.19 points, down 2.22% compared with the central market. Due to the decline in the traditional market fabric orders, the spot sales volume of the public fabrics in summer decreased, and the volume of delivery orders decreased. The spot trading and order prices in the traditional market were lower than those in the traditional market. 2. Circulation business outlook index index fell: in June, the circulation market to the business position judgement index closed at 1009.26 points, down 1.62%. In the traditional market, the spot sale of fabrics in summer has dropped, and the order of the public products has been decreasing. The domestic demand market has been in a downward trend than the other.

Enterprise order reduction

Production boom fell

In June 2019, the total business climate index closed at 1263.10 points, down 1.35%. Enterprise production orders fell, in June, part of the textile printing and dyeing enterprises began to fall locally, output decreased, and the output of some enterprises in Binhai printing and dyeing gathering area was shrinking. The production boom index fell.

With the increasing supply of conventional products on the market, polarization will become more and more serious. In the market, gray cloth, printing and dyeing, finishing and other links are now "green light", the list is relatively smooth. Other enterprises have their own characteristics, which are different from the conventional products in the market, so they are less affected by the imbalance between supply and demand of conventional products.

With lower demand, some conventional fabric manufacturers are facing a dilemma. On the one hand, inventory is accumulated over a long period of time, and the pressure of capital turnover is increasing day by day. On the other hand, stopping production will destroy operator's confidence and increase unnecessary expenses, so no one wants to stop production even if he has to.

1, the output of public products declined, and the scale index decreased. In June, the size index of manufacturing enterprises closed at 1682.98 points, down 1.19%. The demand for orders for textile and dyeing enterprises dropped, and the order of popular fabrics decreased. Because the demand for downstream products decreased, the production scale was shrinking, and the inventory rate increased. Because of the decline in summer gray fabric and mass dyeing, printing fabric and running volume of home textile products, clothing accessories products orders, the summer mass product orders are down, pulling the scale of production enterprises index fell.

2, the order of production enterprises has dropped, and the output value index has decreased. In June, the output value index closed at 1700.38 points, a decrease of 1.18% compared with the ring. The demand for domestic textile and dyeing enterprises decreased, and the order of popular fabrics decreased. The output of jet weaving, knitting and warp knitted fabrics was lower than that of the downstream ones, because the demand for downstream products decreased, the output value decreased, and the inventory rate increased. Cotton and linen, polyester, blended materials and natural fiber grey fabrics and cotton, polyester, polyester, viscose, polyester, nylon, polyester and ammonia fabric orders fell unevenly. The daily orders of home textiles, curtain household textiles and rope clothing accessories products showed an unequal decline trend, the production value decreased, and the inventory rate increased. Because of the decline of orders in summer, the number of orders in the summer dyed fabrics and mass dyed fabrics, printed fabrics and running fabrics, accessories and accessories decreased.

3, corporate confidence index fell. The confidence index in the production boom closed at 859.33 points, down 1.10% from a month earlier. Among them, the manufacturing enterprises' market demand index closed at 877.45 points, down 0.50% compared with the central market. Due to the decline in orders for domestic demand for mass products, for the production enterprises, the order of the public products in summer decreased, the output volume of the running products decreased, the spot transaction decreased, the delivery of orders was lower than that of the public, and the turnover of the popular printing fabrics and dyeing fabrics decreased.

Next total prosperity index forecast

In July 2019, the textile industry in Keqiao District of Shaoxing is expected to show a trend of contraction. Due to insufficient domestic demand and partial foreign trade, the adjustment and transformation of textile products continued to expand. In July, due to the off-season in summer, customers from all parts of China's textile city will be retracted. The imported products will show insufficient trend in summer and autumn, and the supply of local fabrics will not be enough in summer and autumn. In the summer, the marketing of public products will show a downward trend. In the autumn, there will be a partial shortage of orders and a slight decline in the July prosperity index.