China Textile City: Auxiliary cloth in bags shows shrinking

In the recent few days, the spotlighting of accessories fabrics in the filament bags of Shaoxing China Textile City took place sporadically. The orders were short of goods, and the prices of the whole market continued to drop in the same day.

Since last week, there has been a reduction in the processing of auxiliary fabric grey cloths and printing and dyeing enterprises in road bags. In the past few days, the system was restricted by the arrival of goods on the rainy days, and both the industry and foreign trade direct sales were both in short supply. The number of spot transactions and orders received from the market continued to decrease, and some merchants only received orders on an intermittent basis. Limited to zero transactions. As the market continued to circulate, the fabric weaving factories of the previous roads generally began to lose their loneliness and successively came to the market to sell grey fabrics. However, due to the fact that the market did not sell the original inventory, the order transaction was under the control of the market, and the factors were not dared to go out. Even if the price of grey fabrics was reduced or the manufacturers promised crediting, the market still failed to accept the majority.

Recently, accessories fabrics in bags have been weak for the past few days, and many market businesses are also unable to bear the loneliness. Representative varieties 190T "Ditafu" Li Zizheng regular spot varieties As the market has a wide range of basic households have different spot, the selling price varies according to different strengths, but basically sell less than the price before the week. The 190T “Ditaofu” batches with better quality are sold at RMB 2.30 per meter, and the cash transactions are also sold at RMB 2.25 per meter. Some merchants can also trade under the light warehouse less than RMB 2.20 per meter; 210T “light spinning” (Simulation silk) zero batch of transactions have to sell 2.35 yuan / meter, cash-based transactions have to sell 2.30 yuan / meter, batches of larger batches also have to sell 2.25 yuan / meter. There are already many businesses that have recently sold a single deal of 2.20 yuan/meter due to the low price of newly imported grey fabrics. However, several non-regular varieties can be sold at less than 2.10 yuan/m.

Many businesses are deeply deplored by the sluggish reversal of the peak season this year, but only half of last year's turnover will be achieved in one year, far less than previously expected. It is considered that the loss of tax revenue on a monthly basis is not yet a loss. And there are already merchants who think that this line of accessories cloth in the bag is a head. If there is no possibility of recovery this month, this year will be over. The next year can only be changed to another industry.

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