Here world Clothing and shoes The Xiaobian net introduces the red bean index to the annual price trend of Jiangsu international clothing festival.

In September 11, 2014, at the Jiangsu China Textile and apparel index conference, the China textile material price index (red bean index) of the red bean group China textile material trading center published the annual price trend, attracting many media and industry experts' attention.

The index conference is one of the series of activities of the sixteenth Jiangsu International Fashion Festival. It is also the second appearance of the China textile material price index (red bean index) in Jiangsu International Fashion Festival. As one of the four indexes of Jiangsu's textile and garment industry, it has witnessed the process and influence of Jiangsu's textile and garment industry in "indexing" and is taking the lead in the whole country.

At the press conference, the China Textile Material Trading Center analyzed the annual price trend through the textile material price index. The index shows that "cotton yarn market is in a downward trend this year, and the price index has dropped to 91.47 points from the highest 99.43 points, a total decrease of 8%." It is estimated that "cotton inventory will continue to increase in the fourth quarter of this year, and the pressure on the upstream shipment will be greater. The price of cotton will further decline. If the price falls below 16000 yuan / ton, the price of yarn will further decline." Chemical fiber is "overcapacity" further aggravated, prices continue to fall, PTA prices weaken, driving polyester prices down. But with the arrival of the fourth quarter textile sales peak season, will boost the chemical fiber market.

"China Spin The material price index (red bean index) contains two parts: cotton yarn composite price index and synthetic fiber price index. The cotton yarn comprehensive price index selects 12 main specifications of pure cotton yarn, polyester cotton yarn and human cotton yarn as samples. The synthetic fiber price index selects 18 main specifications of polyester filament, nylon filament and viscose filament as samples. The daily market transaction prices of textile materials in Zhejiang, Qian Qing, Fujian Changle, Liaoning West Liu, Jiangsu Shengze, Jiangsu Hutang and Shandong Changyi are collected and tracked in a timely and accurate manner. As of the end of August this year, China textile material trading center has 3787 registered enterprises, 1167 trading enterprises, 49 service agencies, and 15 provinces and 23 cities in the region. In 2014, 1-8 yuan was delivered for 580 million yuan. These transaction data also play a supporting role in the index compilation process.

Together with the China textile material price index (red bean index), there are also "China Shengze silk chemical fiber index", "China stone bridge home textile index" and "Changshu, China". Men's wear Index "respectively reflects the trend of the textile industry upstream and downstream.