In recent days, the knit suede market at China Textile City has seen a significant increase in activity. The range of products available has expanded, prices have remained stable, and after a temporary dip, turnover has started to rebound. A few weeks ago, knitted fabrics were priced high due to rising raw material costs, leading to reduced production from fabric manufacturers and a limited supply in the market. However, as the end of the year approaches, many knitted fabric producers are under pressure to improve cash flow, which has led to price adjustments that follow the downward trend of raw materials.
At the same time, the demand for suede fabric is still strong during this season, prompting a rebound in the market for FDY, DTY, and POY yarns used in knit suede production. This has given the sales season a renewed advantage. Notably, promotional batches of FDY, DTY, and POY yarns in sizes such as 20D, 30D, 68D, and 75D have increased, with asking prices being lowered and spot transactions becoming more active. In some cases, cash transactions have exceeded packaged deals, with hundreds of tons of goods sold on the spot. Meanwhile, thousands of meters of goods are being shipped to old customers on credit, further boosting factory shipments.
Additionally, new batches of 75D, 100D, and 150D household filament weft-knitted fabrics—both single-sided and double-sided "plush"—have continued to appear in the market, with new designs constantly emerging. Due to the high demand for "brush plush" and "plush" fabrics, operations have been busy, and the packaging method has shifted from compressed blocks to more efficient shipping methods like Jane-to-Jane delivery.
Meanwhile, there's also a recovery in the weft denim fabric and cashmere-like weft fabric markets. Although most transactions remain small, with a few hundred meters at a time, occasional large orders are still being placed directly from the factory. Overall, the market is showing signs of improvement, driven by seasonal demand and strategic pricing adjustments.
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