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Brief analysis on price index

Brief analysis on price index Source: www.chinatexnet.com
Date: 30-01-2013
Visits: 231
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As the Chinese New Year coming, the turnover of thickened winter fabric in the traditional market of China Textile City kept dropping, but orders of Spring and Summer fabric increased partially. Some marketable creative fabric from fabric company with shop in front and factory behind kept selling good and domestic and foreign demand of qualified creative fabric increased partially. Spot transaction of fabric is still low because of the decreasing credit shipments in the end of year.

The analysis on the main price index of textile products:

The price index of issue 20130128 of “China • Keqiao Textile Index” closed at 106.08 points, 0.13% higher than that of last week. The price index declined 0.03% from last year and down 0.53% from the same period of last year. In this issue, the price index of grey cloth, apparel fabrics, home textiles and apparel accessories is up in different degree, which pulls the general price index up slightly. However, the price index of raw material dropped slightly, which relatively restrains the increase of the general price index.

Price Index Forecast

As the Chinese New Year’s coming, the transactions in the traditional trade zone and corporationized trade zone are predicted to be decrease, orders of Spring and Summer fabric increased partially. Some marketable creative fabric from fabric company with shop in front and factory behind kept selling good and domestic and foreign demand of qualified creative fabric increased partially. The spot transaction of winter thickened fabric is still decreasing as well as that of general fabric and price attends to drop.

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