The International Cotton Price Rises To Invest 1 Billion Yuan. The Colorful Brocade Textile Project Is Located In Tanghe.

1. Market operation

1, Zheng cotton futures price rise is weak.

On February 2019 25-3, 1, the new cotton harvest basically ended.

In mid February, external funds tried to pull up zhengmian, although the rally was limited, but it brought about a large increase in holdings. Most of the funds were precipitated.

The national cotton price B index for mainland standard grade lint sales is 15513 yuan / ton, up 12 yuan / ton compared with February 25th, or 0.08%; the Zhengzhou cotton futures contract settlement price is 15280 yuan / ton, down 200 yuan / ton compared with February 25th, or 1.29%.

2, the overall rise in international cotton prices.

February 2019 25-3, 1, the signing of the United States cotton contract situation and the increase in the United States cotton planting area negative impact on the decline in international cotton prices, followed by the Sino US trade negotiations are expected to be optimistic about the impact of international cotton prices.

In March 1st, the international cotton index (M), representing the average price of the Chinese main port on the import cotton, was quoted at 83.64 cents / pound. The price of RMB converted to RMB 1% yuan was 14040 yuan / ton, representing an increase of 33 yuan / ton, or 0.24%, compared with February 25th.

3, import yarn prices fell slightly.

Last week, import yarn prices fell slightly, domestic enterprises have entered the working state, part of the replenishment phenomenon, import yarn overall trading atmosphere has been warmer.

The average price of conventional cotton yarn is less than 803 yuan / ton of domestic yarn, and the average price of C32S combed yarn in main import country is 22335 yuan / ton, down 107 yuan / ton, or 0.48%.

4, the price of pure polyester yarn has dropped.

In March 1st, the domestic market price of pure cotton yarn 32S was quoted at 23135 yuan / ton, which was 15 yuan / ton lower than that in February 25th. The price of pure polyester yarn in domestic market was 13670 yuan / ton, and the price in February 25th decreased by 80 yuan / ton. The price of domestic cotton yarn 30S in the domestic market was 18450 yuan / ton, and the price in February 25th dropped 20 yuan / ton in March 1st.

Recently, the yarn market has been flat, raw materials have stabilized, and the downstream demand has not been released.

With the Sino US trade negotiations showing signs of improvement, coupled with the implementation of preferential tax reduction measures for small and micro enterprises, it is expected that there will be a bottom shock in the price of yarns.

5, viscose staple fiber prices decline

Last week, viscose staple fiber prices fell slightly, factory official quotation temporarily stable, but with the implementation of the previous orders, new orders purchase is expected to weaken, the price is even more pronounced.

The middle end of the mainstream quotation talks about 13300-13500 yuan / ton, the single center of gravity is 13200-13300 yuan / ton, local slightly low; high-end mainstream 13500-13700 yuan / ton, individual pactions in the vicinity of 13400 yuan / ton.

6, polyester staple prices overall decline.

Last week, the price of PET staple decreased as a whole. Although factory quotations continued to be stable, there was a low price in real terms.

It is expected that the purchasing atmosphere of the downstream enquiries will improve as the raw materials stop heating up.

The price of Jiangsu and Zhejiang 1.4D direct spun polyester staple fiber is adjusted to 8700-9100 yuan / ton; Fujian polyester staple fiber is generally stable, trading atmosphere slightly improved, 1.4D direct spinning polyester staple price quoted to 8730-8900 yuan / ton; Shandong and Hebei polyester staple prices are stable and weak, half light 1.4D direct spinning polyester staple fiber price near 8800-8900/ tons.

Two, the operation of the industry

1. In February, the official manufacturing PMI was 49.2%.

In February, manufacturing PMI was 49.2%, down from 0.3 percentage points last month.

The main characteristics of manufacturing PMI this month:

First, production activities have slowed down, but market demand has picked up.

By the end of the Spring Festival, some enterprises stopped production and reduced production, the production index was 49.5%, down 1.4 percentage points from last month, but from the demand side, the new order index returned to the expansion interval, 50.6%, an increase of 1 percentage points from last month, and the market demand has recovered.

Two, with the acceleration of the "six stable" policies and measures, enterprises are expected to improve significantly.

The expected production and business activity index was 56.2%, an increase of 3.7 percentage points from last month, to a 4 month high.

Three, the high-tech manufacturing industry continues to lead and the industrial structure continues to optimize.

The PMI of high tech manufacturing was 51.4%, up 1.8 percentage points from last month.

Four, some international commodity prices rose, and the price index both picked up.

The main raw material purchase price index and factory price index were 51.9% and 48.5%, respectively, higher than last month's 5.6 and 4 percentage points.

Five, the external environment is intricate and the import and export index is running low.

The new export orders index and import index were 45.2% and 44.8% respectively, all below the critical point. Under the influence of global growth and trade protectionism, the pressure on foreign trade is greater.

2, January 2019 China cotton textile industry prosperity report

In January 2019, China's cotton textile prosperity index was 47.5, down 1.17 compared with December last year.

In January, the majority of downstream enterprises basically finished stocking, and production gradually entered the holiday mode.

It is an indisputable fact that product inventory is increasing. The pressure of enterprises is self-evident. The industry boom is slightly depressed, but it is also a normal phenomenon.

In January, the purchasing price index of raw materials was 49.82, down 0.1 compared with December last year.

In January, the global economic vitality declined, and the market demand was weak. The international cotton price continued to weaken under the downward pressure of the global economy.

Under the atmosphere of wait-and-see sentiment, the supply of cotton in the domestic market is larger than the demand, and the pressure on zhengcotton warehouse receipt is bigger, and the price rise is restrained.

The price of chemical fiber staple is loose and continues downward.

In January, the production index was 46.41, down 3.08 compared with December last year.

In January, the pure cotton gauze was light and continued, and with the shortage of previous orders, most of the small and medium-sized cotton mills had to leave early.

The opening rate of the weaving mill is slightly less than that of the spinning mill.

Tracking enterprise data shows that yarn production decreased by 1.19% in January, and cloth production decreased by 5.88%.

The output of cotton blended yarn decreased by 2.68%, and the output of cotton blended fabric decreased by 3.15%.

3, Tangshan: cotton enterprises in succession to return to key sales of leather cotton

It is understood that after the first month of fifteen, cotton enterprises in Tangshan City have resumed their jobs, and the main task is selling lint.

The head of a cotton enterprise said that the original plan was to buy seed cotton after resuming work, but at the moment there was almost no seed cotton.

After the resumption of work, 30 tons of lint were sold, and the selling price was 15000 yuan / ton, up 100 yuan / ton before the festival.

At present, cotton enterprises are full of confidence in the sale of lint, and are not worried about the sale of lint. The worry is the trend of lint price.

After the holiday, the cotton market is affected by the rise in the futures price, and the spot price has risen slightly. Therefore, the lint price is more valued in the lint sales process.

At present, the price of cottonseed is 1.02-1.03 yuan / Jin, up by 0.01-0.02 yuan / Jin before the holiday.

It is estimated that cottonseed inventory will gradually decrease along with the acquisition of seed cotton, and cotton seed prices will continue to rise steadily in the near future compared with the same period last year.

4. Yancheng textile enterprises start well and run smoothly.

On the 20-22 th of February 2019, China Cotton Association went to Yancheng and Jiangsu to investigate. Most enterprises in Yancheng started work at about 8 o'clock, and started well. The opening rate was over 95%, and the order was adequate. The cotton textile enterprises were running smoothly.

The main raw material used for the production of raw yarn is cotton, which accounts for about 80%. The products of large enterprises are mainly knitted yarn. The output and profit in 2018 increased year by year. At present, the order is about 3 months, raw material inventory is 1 months or so. Small enterprises are mainly differentiated yarn, and the output and profit of 2018 are flat. The current order is 1 months, and raw material inventory is about 40 days.

The enterprises producing colored spun yarn are mainly concentrated in Xiao Jian town of Xiang Shui county. The effect of industrial cluster is obvious. The proportion of cotton consumption in colored spinning enterprises is about 60%, and the products are mainly small batch and multi varieties.

Profits were higher than the industry average, and output and profits were flat in 2018.

In terms of employment, the three class three operation wage is 3500 yuan / month.

The production of native yarn is about 50 employees, and the production of colored spinning enterprises is relatively complicated, with 100 employees in 10000 spindles.

In view of the market situation, visiting entrepreneurs believe that the situation in 2019 is still complex and changeable. Uncertainty in the future is both a challenge and an opportunity and confidence to maintain steady production.

5, 2019 viscose staple fiber prices fell by about 6% over the same period

The average price of viscose staple fell by about 6% in 2019 compared with the same period before the Spring Festival. The closing price before the Spring Festival fell by about 10%, and the market price continued to rise after the Spring Festival in 2018. It rose to about 14850 yuan / ton in mid March (Cheng Dui). After 2019, the price of the enterprise increased by about 100 yuan.

According to the current market price of viscose staple fiber 13300-13600 yuan / ton (Cheng Dui) accounting, the company's real trading profit is about -9%, some enterprises continue to maintain 5-7 of the start-up level, but the device load is insufficient, or lead to its comprehensive cost higher than the valuation.

A high-end viscose staple enterprise in China will increase its conservative production capacity to about 920 thousand tons during the year, and its domestic production capacity will account for about 20%. In addition, the capacity of the enterprise will be about 700 thousand tons and 760 thousand tons. The capacity of the industry will be obviously concentrated. With the expansion of its capacity, the company will expand the market demand and expand its market demand, and exert its comprehensive cost, raw materials and regional cost advantages. Its market bargaining power, pricing power and customer stickiness are all stronger.

Three. Industry policies and trends

1, Trump postponed the March 1st tariff increase plan

President Trump has said that the latest round of Sino US consultations concluded in Washington has made "great progress", and he will postpone the deadline he planned to raise tariffs on China in March 1st.

Subsequently, authoritative media such as Xinhua News Agency formally released the "seventh round of the end of the Sino US high-level consultation on Trade and economic relations", saying that the two sides made substantial progress in specific aspects of technology pfer, intellectual property protection, non-tariff barriers, services, agriculture and exchange rate.

On this basis, the two sides will follow the instructions of the heads of state of the two countries to do the next step.

The "deadline" was postponed, and the textile industry breathed a sigh of relief.

Take cotton as an example. Since the beginning of the trade war, major stock indexes, cotton futures contracts and spot cotton have been continuously oscillating.

The China Cotton Textile Industry Association said that Sino US trade negotiations continued in the near future. At present, the two sides have discussed positive momentum and increased their confidence in the market.

At the beginning of the new year, the textile enterprises with good competitiveness of products began to start one after another.

With the festive atmosphere gradually subsiding, production and sales gradually returned to normal. It is expected that China's cotton textile prosperity index will pick up in February.

2, investment of 1 billion yuan, colorful brocade textile project settled in Tanghe.

It is reported that the project is Tanghe riverside Street investment project, plans to invest 1 billion yuan in fixed assets, the total land area of about 255 acres.

Among them, the textile production project and its supporting facilities occupy an area of about 190 mu, mainly engaged in the production of 100 thousand spindles of annual spinning, sizing and high-grade cotton cloth, non-woven fabrics and other products.

The project has invested 700 million yuan in new equipment, and has introduced the most advanced German original spinning machines, 100 thousand spindles, 50 knitting machines, 700 looms and 4 sizing mills.

After the project is completed and put into operation, it is estimated that the annual output value will reach more than 500 million yuan, and the annual tax revenue will be more than 10 million yuan, and more than 3500 people will be employed.

Recently, Germany's original automatic spinning machine with an annual output of 100 thousand spindles has arrived in Tanghe.

3, the Ministry of industry and public textiles and other industries proposed to set up metering technical specifications.

The Department of science and technology of Ministry of industry and information has recently released information. According to the overall arrangement of metrological work, the 128 industry measurement technical specifications, projects and project proposals for application in 2019 will be publicized, and the public notice time is February 19, 2019 ~2019 March 22nd.

The publicity project involved 8 textile industry metrology specifications, including fiber materials (3 items), fabric categories (4 items) and general testing categories (1 items).

The 8 planned textile industry metrology specifications are planned as follows: Calibration Specification for fiber resistance tester, calibration specification for textile electrostatic resistance tester, geo synthetic material (lever type) thickness gauge calibration specification, geotextile Dynamic perforation tester calibration specification, vibrating wire fineness instrument calibration specification, surface friction color fastness meter calibration specification, cotton classification room simulation daylight illumination calibration specification, textile constant temperature and humidity laboratory temperature and humidity calibration specification.

Four, fierce battle over the air, wide price shocks

This week, the international crude oil futures prices showed a wide range of shocks. The main support for oil prices is as follows:

First, OPEC and its allies will firmly push ahead with production cuts, and OPEC and its allies will continue to cut production to help the oil market return to equilibrium, a news that boosted the market.

Second, the latest round of negotiations between China and the United States, which has attracted much attention from the market, has sent good news. Optimism has also effectively encouraged the bull's confidence in crude oil and brought benefits to the oil market.

Third, the US crude oil inventories unexpectedly dropped sharply, boosting the rebound of oil prices.

The continuous rise in oil prices also led to a rebound in downstream chemicals, and PTA futures rose 3.62% in March 1st.

On the other hand, Trump said that oil prices have gone up too high. OPEC should lighten up, and the world can not afford higher oil prices.

Faced with Trump's pressure to suppress oil prices, the market responded to this bad reaction. Oil prices fell sharply on that day.

Up to now, although the attitude of OPEC's production is still firm, we need to guard against Trump's constant warning.

Five, the dollar index rebounded and the renminbi returned to 6.7.

In the four quarter of 2018, the annual growth rate of GDP in the US was 2.6%.

The result is much lower than the 4.2% quarter of the 3.5% quarter and the two quarter of the three quarter, but the expected value higher than 2.3% boosted sentiment.

As the US economy continues to show strong signals and the Fed is willing to be patient on raising interest rates and investors are in a stable mood, the US dollar index has successfully held the $96 integer pass and then pulled up.

On the other hand, with the continuous extension of Sino US trade negotiations, the impact of good news on the market is gradually decreasing. This week the offshore renminbi reopened to the 6.7 pass.