Textile: Cotton Work Conference Held Deployment To Reform Cotton Purchase And Sale

Last week, Shanghai Composite Index, Shenzhen stock index and Shanghai and Shenzhen 300 rose 0.78%, 0.32% and 0.49% respectively.

The textile and garment sector rose by 1.59%, of which the textile and clothing sectors rose 1.60% and 1.58% respectively.

In terms of stocks, Sihai shares, Zhejiang rich and Busen shares are among the top gainers. The hundred round pants industry, Jiangsu sunshine and Mei Xinda are among the top ones.

On September, 25 days,

The development and Reform Commission, the Ministry of finance, the Ministry of agriculture, the Ministry of industry and information technology, the General Administration of industry and commerce, the General Administration of quality supervision, inspection and quarantine, the general office of supply and marketing cooperatives and the eight branch of the Agricultural Development Bank jointly held the national cotton working teleconference to analyze the cotton production and marketing situation and deploy the new year.

Cotton purchase and sale and other related work.

The meeting pointed out that the domestic demand for cotton in the new year is expected to recover.

The relevant departments and local governments should conscientiously perform their duties, properly handle the relationship between new cotton sales, reserve delivery and import arrangements, protect the relationship between farmers' interests and enhance textile competitiveness, guide market cotton prices to run in a reasonable range, maintain the balance of domestic cotton supply and demand and stabilize the market.

This week, we invited the chairman of the Beijing Sports Leisure Industry Association to hold a sports policy salon. The viewpoint is that the sports policy focuses on sports consumption. The mainstream sports format "professional sports and competitive sports" has not appeared in the new policy catalogue.

The main investment opportunities of sports policy in the future are reflected in: (1) sports social media, optimistic tiger net and green network development; (2) sports culture and creativity, including sports video, sports music, sports publishing, etc. (3) sports health management, especially after the user's physical examination, (4) sports vocational education; (5) fashion and leisure sports infrastructure and platform construction.

News of industry companies.

Nike net profit in the first quarter rose 23% to 960 million US dollars compared to the same period last year, Prada profit fell 20%, the Asia Pacific market lost momentum, UNIQLO will expand children's wear and baby clothing series, 60% shops will be sold; online discount, ASOS will face the threat of brand supplier exit; Zara Inditex company's profit fell year by year; Esprit think round the world year round losses, profits 2.1, 100 million Hong Kong dollar is expected to win; United States apparel control shareholders to reduce shares, resume trading on Saturday, Jialin Jie, Zhongyin cashmere, Jin Fei Da, Zhonghe shares, and continue to stop trading.

Industry data summary.

328 grade cotton spot 15958 yuan / ton (-5.15%); American cotton CotlookA 70.15 cents / pound (-4.56%); viscose staple fiber 12010 yuan yuan / ton (-0.58%); polyester staple fiber 9010 yuan / ton (-1.74%); long staple cotton 28250 yuan / ton (-0.18%); inside and outside cotton price difference 2023 2023 yuan / ton (-23.23%).