The Central Xinjiang Working Conference Will Open Xinjiang Textile Or Welcome Spring
< p > the central Xinjiang working forum is expected to be held in Beijing in June this year. This is the highest level meeting held by the highest leadership of the Central Committee to study and deploy Xinjiang work.
The market generally believes that social stability, economic construction and people's livelihood will become the main issue.
And this year, a series of supportive policies for Xinjiang textile industry show that the local textile industry will usher in the development of spring.
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< p > Huatai Securities textile and garment analysts believe that the central Xinjiang work forum will focus on employment issues in the people's livelihood, thereby stabilizing Xinjiang in the medium and long term. The development of labor-intensive industries to absorb labor will be the main direction of development. < a href= "http://www.91se91.com/news/index_c.asp" > textile industry < /a > should focus on the industry.
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< p > from the beginning of the year < a href= "http://www.91se91.com/news/index_c.asp" > Xinjiang < /a > Uygur Autonomous Region Business < a href= "http://www.91se91.com/news/index_c.asp" > working conference < /a > the great wealth of central billions of funds supporting the development of Xinjiang's textile industry has been heard. To Xinjiang's production and Construction Corps, the new plan for accelerating the development of the textile and garment industry (Draft) has recently been released, and the key support policy of the state has brought Xinjiang's textile industry to a golden period.
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< p > cotton production accounts for more than 50% of domestic share in Xinjiang. This year, the state will make direct subsidy policy for cotton farmers in Xinjiang.
With the end of the temporary purchase and storage policy, the cotton planting industry in the densely populated eastern and central provinces lacking the direct subsidy policy is likely to face a certain market impact, and the trend of cotton production pfer to Xinjiang will be strengthened.
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< p > except for the textile enterprises in Xinjiang, they all have production layout in Xinjiang.
Xinye textile invested 58 million yuan this year to set up a subsidiary of Xinjiang holding company, hoping to enjoy the preferential price of water and electricity, and the national development and Reform Commission is studying a series of preferential policies to support the development of Xinjiang's textile industry.
Huafu color spinning Xinjiang efficient color spinning project produces "Xinjiang ash" products which are highly competitive.
Lu Tai A set up cotton stores in Xinjiang to sell and store cotton.
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< p > related links: < /p >
< p > raw material price is weak, polyester factory cash flow improves, the polyester industry profits from the end of March profit and loss balance reached a peak of 450 - 600 yuan / ton, DTY cash flow even reached 900 yuan / ton, poor performance polyester staple fiber cash flow also reached 300 yuan / ton.
Considerable profits have stimulated the enthusiasm of the downstream factories, and the polyester load has been maintained at over 82% for a long time.
"Golden four silver" in the traditional peak season, polyester production and marketing is good, coupled with the inventory operation since mid March, the middle and lower reaches of the factory inventory dropped to a lower level.
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< p > at the end of April, domestic PTA inventory was 1 million 500 thousand tons, which was 430 thousand tons lower than that at the end of March.
Since mid May, the reduction of PX and PTA factories has led to a rebound in PTA prices. Under the influence of "buying up or not buying down", the downstream polyester plant is ushering in a new round of replenishment cycle.
PTA social inventory and polyester product inventory have been rapidly reduced after two weeks of short accumulation. Some factories even have a tight supply situation. A large number of warehouse receipts flow into the spot market to supplement supply.
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< p > later PX - PTA links will face the risk of new capacity release and device restart, and PTA prices will be under pressure in the medium and long term.
However, the current PX PTA link continues to reduce production and the inventory is relatively low. As long as the polyester plant still has profits, the demand for replenishment will exist, and the accumulation of PTA inventory will take time.
Therefore, in the absence of more bad stimulus, the PTA price will remain high in the short term and will not rule out the possibility of further exploration.
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