Jacquard fabric is a type of knitted fabric that is characterized by intricate patterns and designs that are woven directly into the fabric. This type of fabric is created using a Jacquard loom, which is a special type of loom that is designed to create complex patterns and designs. Jacquard fabrics can be made from a variety of different fibers, including silk, cotton, wool, and synthetic fibers. These fabrics are commonly used for upholstery, curtains, and clothing, and are known for their durability and high-quality appearance. Jacquard fabrics are often more expensive than other types of fabrics due to the intricate weaving process required to create them.
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Fluctuations in cotton yarn prices are closely tied to the performance of both domestic and international markets. Starting from last May, the export of cotton yarn products has seen a noticeable downturn. Several key overseas markets have exhibited weakening demand, while domestic cotton yarn prices have been on the rise. This shift has prompted many companies to take notice of the potential within the domestic market. At the recent 6th China International Textile and Yarn Exhibition (Autumn/Winter), numerous cotton textile enterprises shared that they've been adjusting in two main ways: first, shifting their market focus toward domestic sales, and second, enhancing the value-added aspects of their cotton yarn products to better align with domestic market demands. Since May of last year, exports of various types of cotton yarn have continued to fall this year. According to data from the China Textile Industry Association, in the initial months of this year, aside from a slight uptick in cotton sewing threads, exports of other cotton yarn products have declined significantly. For instance, from January to April, the export of carded cotton yarn dropped to 19,225 tons, a 32.85% decrease compared to the same period last year. Combed cotton yarn exports fell to 40,786 tons, a 33.50% drop. Overall cotton yarn exports amounted to 153,309 tons, a 22.84% reduction. Faced with these challenges in exporting cotton yarn products, domestic cotton yarn prices have begun to rise, offering some companies hope. For example, by the end of May, the price of 32-count cotton knitting yarn in the domestic market climbed from 16,200 yuan per ton at the start of the year to 18,500 yuan per ton, marking a significant increase. The gradual回暖 of the domestic market has encouraged more companies to explore its potential.
A sales manager from Wuxi noted regarding changes in the international market: "Previously, we exported 240s and 270s singeing yarn, which were considered high-end products. Now, our exports are primarily focused on 70s and 80s." Facing these shifts, the company has adapted by maintaining its export volumes while paying closer attention to domestic demand. Historically, most of Wuxi's products were geared toward foreign markets, but the global financial crisis and subsequent economic downturn have led the company to reconsider its domestic market strategy. With domestic demand being bolstered by government policies aimed at stimulating consumption, the domestic market has begun to recover. A sales representative stated, "Since March this year, we’ve noticed growing domestic demand, particularly for resource-intensive products."
This shift in the domestic market has spurred Wuxi Cotton to intensify its domestic sales efforts. At the exhibition, we observed that fabrics woven from their products, previously exported exclusively to Europe, now attract interest from domestic buyers as well. Similar trends are visible across many other cotton textile enterprises. During the on-site business对接events, we noticed an influx of domestic customers seeking direct negotiations with manufacturers.
In response to market changes, cotton textile enterprises have also accelerated their product diversification strategies. The organizers of this year’s yarn show aimed to showcase advancements in high-grade cotton yarns, multi-fiber blends, and innovative spinning techniques. In 2009, cotton spinning enterprises faced a critical period of adjustment, and these areas reflect the evolving direction of the industry. Companies like Shandong Ruyi and Nantong Shuanghong highlighted their compact spinning products, which offer superior quality with reduced fuzziness, higher tensile strength, and smoother woven fabrics. Other exhibitors emphasized new premium yarns, including blends of polyester, viscose, Tencel, modal, soybean fiber, bamboo fiber, and cashmere, among others. Huafu showcased their colored yarns, which incorporate the latest spinning technologies and techniques, utilizing methods like Siro spinning, jet spinning, rotor spinning, and compact spinning. Their exhibit also included dyed yarns and cotton yarns designed to mimic the sheen of mercerized yarns and the softness of cashmere.
Despite facing challenges, many cotton textile enterprises remain optimistic. They are actively readjusting their market and product strategies to better serve the domestic market. As Xu Wenying of the China Cotton Textile Industry Association pointed out, compact spinning represents a more market-driven approach, offering products that are both high-quality and functional. These adaptations underscore the resilience and innovation of the industry.