In recent days, the spot prices of polyester filament garment linings and accessories in China Textile City have experienced a sharp decline. While upstream polyester filament prices have fluctuated upward, the prices of polyester lining fabrics have seen only slight increases. Similarly, new lining products in finished goods have also risen slightly. Some small-volume orders featuring high-quality linings have also witnessed a modest price hike. However, daily transactions have shown a clear downward trend. With the Lunar New Year approaching, the traditional market is gradually closing down, and fewer merchants are active in placing orders.
Over the past few years, the traditional apparel and accessory market in China Textile City has been dominated by several key fabric types, including 63DFDY×63DFDY, 170T water-jet taffeta, 180T water-jet taffeta, 190T water-jet taffeta, 210T water-sprayed polyester taffeta, 50D bright FDY×50D bright FDY, 190T water-jet light spinning (simulation silk), 210T water-jet light spinning (simulation silk), 75D bright FDY × 100***Y, 11ç˜ 30 shuttle spray five satin, 12ç˜ 30 shuttle spray eight satin, 68DFDY × 75***Y, 17ç˜ 5 wear 36 shuttle spray satin, 68D half-light FDY × 68D half-light FDY, and others. Despite the overall slowdown, some large-scale fabric types like water beautiful silk and other polyester linings continue to see volume deals. Orders from major sales outlets are still being processed in batches, though there is a noticeable decrease in the number of orders for lining materials. Some factory-based cloth companies and integrated industry-trade businesses have also received bulk orders for spring 2011 linings.
In the current textile city market, the availability of front grey fabrics has decreased, leading to a reduction in weaving production due to limited DTY filament inventory. Labor shortages have also become more pronounced, with many small private textile factories in Xiaoshou District shutting down. As more workers return home for the holidays, the number of operational weaving factories has significantly dropped. Grey fabric weaving and printing/dyeing capacities have continued to shrink. With the rising cost of upstream polyester filaments, the price of polyester lining fabric has increased slightly, ranging from 0.02–0.05 yuan/m, with some varieties rising by about 0.10 yuan/m. The price of new finished lining orders has also risen steadily.
The spot market for finished linings in the traditional market has declined, with additional supplemental orders from downstream apparel manufacturers continuing to be sold daily. However, these transactions remain intermittent. Most of the current downstream orders come from small and medium-sized businesses, but the traditional market’s limited inventory of finished linings has led to a decline in spot transactions. Many businesses find it difficult to place orders. Due to limited printing and dyeing processing capacity, most large batch orders have been postponed until the end of the year.
Despite the downturn, most large retail outlets still maintain inventory of finished linings. As the Lunar New Year approaches, customer spot purchases have sharply declined, and cash transaction volumes have dropped significantly. However, some large customers and regular clients continue to place batch orders, maintaining a certain level of market presence. Polyester taffeta lining sales have seen a large turnover, with 63DFDY×63DFDY, 190T sprayed polyester taffeta, and 210T water-sprayed polyester taffeta remaining popular. Although some lining types still see partial transactions, daily turnover has dropped sharply compared to previous periods.
The prices of remaining stock in the market remain relatively stable, but new single stocks have seen varying degrees of price increases. Due to limited end-of-year inventory, prices have remained strong, and it has been difficult for most stocks to rebound at one-time spot transactions. With an increasing number of merchants returning home, direct customer entry into the traditional market has drastically reduced, and cash lot sizes and batch volumes are now limited to only a few business outlets.
Some factory-style cloth companies and large-scale integrated operators have started producing early outputs for spring 2011 linings, and old customers have placed slightly increased batch orders due to annual closing prices. However, as settlement has become difficult, transaction volumes have continued to shrink recently. The 50D bright FDY×50D glossy FDY and 210T light spinning (simulation yarn) have been sold in both small and large quantities. Some long-term customers still place larger orders, but delivery issues due to closed printing and dyeing factories have caused transaction volumes to drop sharply. Variations in local availability are still evident for products such as 50D bright FDY×50D glossy FDY, 230T light spinning (simulation yarn), 63DFDY×63DFDY, and 190T polyester taffeta. Some factory-style and large-scale professional businesses still receive around 10,000–30,000 meters of orders per day. Although polyester lining fabric prices continue to rise due to higher filament costs, finished lining product prices remain stagnant or show limited growth. Market operators are showing low confidence, and profit margins continue to decline. Some businesses are hesitant to take on new orders.
In the recent market, Oxford cloth bags have been sold in sporadic orders, with daily transactions remaining intermittent and spot prices largely stable. Some glossy filament fabric types, such as 75D bright FDY×100***Y 11-buckle 30-shuttle five satin, 75D light FDY×100***Y, 12-ç˜ 30-shuttle water eight satin, 50D light FDY×75***Y, and 17-ç˜ 5 wear 36-shuttle spray satin, still see small-batch orders and spot transactions. Local bulk order prices have risen steadily, with transactions spread throughout the day. Large professional chartered customers still account for a significant portion of the trade.
Over the past few days, the overall turnover of various types of polyester filament clothing linings and accessories in the bag category has been smooth. However, as the Lunar New Year approaches, the overall market for linings has continued to decline, with daily trading volumes following a downward trend. Spot purchase activity has also decreased significantly. While old customers continue to place batch orders, many businesses are hesitant due to year-end vacancies and intermittent dyeing processes. Concerns over payment difficulties after the holiday have led to shortlisting of invoices and reluctance to accept long-term orders. Some large orders have been postponed to the end of the year. Spot orders based on selling inventory continue to be sold in batches, and some small orders are still being fulfilled on time. Recently, textile fabrics, polyester fabrics, luggage fabrics, and lining composite fabrics—mainly made from polyester FDY and DTY yarns, as well as jet-weaving pongee and summer-weave silk fabrics—have also seen a moderate decline.
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