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Oriental Silk Market week cloth market overview (11.17-23)
This week, the lining fabric market experienced a noticeable decrease in shrinkage, with overall demand falling by approximately 3% compared to last week. This decline is largely attributed to the continuous drop in polyester filament prices, which has led to a downward trend in the lining material market. For instance, the prices of representative fabrics such as 190T polyester taffeta and 170T semi-elastic Chun Yafang dropped by 1.87 yuan/m and 1.86 yuan/m respectively, down by 0.04–0.05 yuan/m. The lightweight 210T spun fabric also saw a slight decline of 0.03 yuan/m this week.
Twill and Shu Mei silk fabrics remained stable in price, while jacquard lining maintained steady transaction levels with consistent demand and firm pricing. Mesh fabric transactions became more active, but the market continued to show a "small batch, multiple batches" pattern, with products mainly sold to children's clothing production bases in Changshu, Jiangsu, and Zhejiang.
Water jet weaving saw increased activity, particularly for "five satin" fabrics, which have seen stronger shipments this week. These fabrics are primarily used in decorative and packaging materials. A specific "five satin" fabric has become a highlight in the recent cloth market. Made from polyester FDY 75D * DTY 100D, it uses a satin weave structure with specifications of 14 * 3, woven on water (faucet) looms. After treatments such as slack, alkali, dyeing, and static electricity control, the fabric offers a soft touch, glossy finish, and anti-static properties. Available in two widths—280cm and 360cm—the wholesale price ranges from 8.80 to 10.80 yuan/m, with a weight of 90g/m². It is widely used in textile applications.
The polyester lining raw material prices have fallen on both warp and weft, and transaction volumes have decreased recently. According to surveys, about 75% of the L/C rate in the lining material market is oversupplied. As a result, downstream weaving rates have gradually increased. It is expected that the lining material market will continue its "steady decline" trend next week.
In terms of general fabric conditions, sales of various types of fabrics have significantly declined over the past week due to lower upstream raw material costs and reduced passenger traffic. The price trend has weakened accordingly. However, coated fabrics, such as those made with PVC or PU, continue to perform well in the market.
Knitted warp-knitted fabrics remain smooth in the overall market, with short-pile, fleece, and single-faced fleece being popular among downstream buyers. Fabrics like Nisi Fang and Taslan, which are nylon yarn interlaced, had higher market volume early this month, though their prices remained stable. Oxford cloth sales were decent, especially for coated Oxford fabric used in luggage bags.
Jet fabric sales remained segmented, with Jet Nylon fabric performing poorly. Conventional velvet fabric markets continue to be weak, although some flat spray full fine peach velvet fabric was shipped this week, leading to a slight price correction. The price of conventional water-washed fabric remains relatively stable.
Conventional full-bomb Chun Yafang fabric sales have declined, with all product lines showing a downward trend, and prices dropping by 0.03–0.05 yuan/m. Overall, the fabric market is still affected by small foreign trade orders and sluggish domestic trading. The market outlook suggests that the trend may stabilize in the coming weeks.