Eastern Silk Market: Stable Volume And Price
In the past week (12-18 November), the volume of fabric trading was flat compared with that of last week. The price of polyester woven interwoven fabric was stable. However, the overall production capacity of the fabric was changed temporarily. This weekend, the price of fabric in the upstream market was changing. The market price of the upstream polyester market was up, weaving production profit was compressed, and the three mainstream "polyester taffeta"
Poly Trilobal
"Semi elastic spring Asian spinning" market prices remain at the level of the previous week.
Five Satin products
Sales have been boosted by the growth of bedding and home decoration.
190T shipment can be made.
Spray water polyester, Shu Mei silk market dynamic marketing.
Price
The trend is stable.
Among them, the spray water polyester silk size 14*3*30 market supply is tight this week.
Terry cloth price steady trend, of which a "trlon" specification 17*30X160cm market is smooth.
The market volume of knitted warp knitted mesh fabric has increased slightly, and the demand for its main winter clothing windings has increased, prompting its knitting warp knitted fabric to turn better.
From the overall market outlook, production and sales are basically balanced, and this year's social stock is slightly lower than that of the same period last year.
It is expected that the market will have the most probability of consolidation next week.
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Since January 1, 2014, the fixed assets loans for new and extended projects of the textile and garment enterprises in the autonomous region and the loan to the enterprises' circulating funds have been given 2 percentage points and 4 percentage points respectively, and the interest discount funds have been audited and appropriated in the following year.
The discount period for fixed assets loans is not more than 5 years, and the discount rate of working capital loans is not more than 3 years.
For enterprises enjoying three years of financial discount interest, the proportion of employees in Xinjiang less than 50% will cease to enjoy financial discount subsidy.
The introduction of the new deal undoubtedly brings good development to many textile and garment enterprises.
At present, there are more than 1400 textile and garment enterprises in Urumqi. Some of them have no factory buildings due to shortage of funds, and rely on the leasing plant to maintain production.
A thorough investigation shows that in 2014, the demand for textile and garment enterprises in Urumqi was 772 million yuan, and the demand for capital in 2015 would increase to 1 billion yuan.
Shortage of funds has become the most prominent problem hindering the development of many textile and garment enterprises.
Xinjiang Posey num Biotechnology Co., Ltd. mainly produces yarns, fabrics, garments, home textiles and so on, which are sold in Beijing and Shanghai. The Apocynum venetum series textiles are favored by domestic and foreign merchants.
The company official said, seeing that the company's products are popular, they want to continue to expand production, but the pressure of capital is a problem. Now the government has introduced a discount policy for textile and garment enterprises, which helps enterprises to further expand production and push the high-end fabric of the apocynum to the international market.
In fact, before the Xinjiang textile and garment industry loan discount new policy was introduced, the Ministry of Finance and autonomous region also issued a series of preferential policies and measures, such as textile product freight subsidy, Cotton Subsidy and cotton yarn subsidy.
- Related reading
China Textile City Weekly Review: The Overall Marketing Of The Market Is Rising.
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