In September, the China Cotton Textile Prosperity Index was 50.1%, a decrease of 0.4 percentage points from August and continuing to be within the expansion range. Entering the “Golden Nine” era, terminal demand has recovered, market prices have slightly rebounded, enterprises have high production enthusiasm, and the industry’s prosperity level has improved. For the future market, companies maintain a cautious and optimistic attitude.
In September, the production index was 49.6%, a decrease of 0.4 percentage points compared to August. With the arrival of the peak season for traditional textile consumption, enterprise orders experienced a brief rebound in the first ten days, and production activities accelerated. In the middle and late stages, the market situation turned cold and production slowed down. From the sub index perspective, the equipment running rate index of cotton textile enterprises is 49.8%, a decrease of 0.1 percentage points from August. The yarn production index was 49.7%, a decrease of 0.9 percentage points compared to August, and the fabric production index was 49.9%, an increase of 0.4 percentage points compared to August. The decrease in fabric production was slightly lower.
In September, the product sales index was 50.2%, a decrease of 0.9 percentage points from August and continuing to be within the expansion range. That month, driven by the increase in raw material prices, the price of gauze slightly rebounded, but the overall increase was limited, and the increase was far less than the raw material price. The monthly average price of 32 pure cotton combed yarn is RMB 24336 yuan/ton, a month on month increase of RMB 121 yuan/ton, an increase of 0.5%. The monthly average price of pure cotton grey fabric (32 * 32 130 * 70 2/1 47 “twill) is RMB 5.12 yuan/meter, a month on month increase of RMB 0.02 yuan/meter, an increase of 0.39%. In terms of market sales, the terminal peak season characteristics are not obvious, and market demand is less than expected. The yarn sales index is 49.4%, a decrease of 1.7 percentage points compared to August; the fabric sales index is 50.1%, a decrease of 0.2 percentage points compared to August.
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Post time: Nov-03-2023