This is a satin fabric, easily recognized by its smooth, lustrous surface and characteristic drape. Satin is a weave structure that creates a glossy face and a matte back. 

Key Features:

• Color: The fabric is a rich teal or blue shade. The precise hue might vary slightly depending on lighting and screen display.
• Luster: The defining feature of satin is its high sheen or luster. This is due to the way the light reflects off the weave structure. 
• Drape: Satin fabrics are known for their fluid drape, making them ideal for garments that require movement and flow. 
• Smooth Texture: The fabric has a smooth, soft handle, which means it feels pleasant to the touch. 

Possible Fiber Content:

Satin can be made from various fibers, including:

• Silk: This would be the most luxurious option, known for its exceptional sheen and drape.
• Polyester: A more common and affordable alternative, often mimicking the look of silk satin. 
• Acetate: Another synthetic option with a similar sheen to silk. 
• Blend: It's also possible to have satin made from a blend of different fibers.

Potential Uses:

• Apparel:Evening wear (dresses, gowns) 
• Bridal wear
• Blouses
• Skirts
• Lingerie
• Lining for garments
• Home Decor:Pillow covers
• Drapes
• Table runners