• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    What Is America's Fear Of Tariffs? Do We Still Have Room For Decline In Textile Market?

    2019/8/5 13:12:00 4

    Tariff

    In recent days, the United States has made many moves, first to cut interest rates for the first time in ten years, and then Trump "changed face", announcing that the United States will impose a 10% tariff on China's total value of $300 billion from September 1st. The two message, like a deep bomb, quickly disturbed the calm market. Because the Fed's interest rate cut is expected to be lower than expected, international oil prices maintained a downward trend in the previous trading session in early August 1st, weakening the intraday weakness. With the announcement of Trump on the morning of 2 Beijing time, the international oil price plunged sharply. Due to the high correlation between crude oil and PTA, what is the performance of PTA market as the price of crude oil changes dramatically?

       In July 22nd, PTA was affected by the early fermentation of the Huatai OTC option. The damaged Sino Tuo company is facing serious credit problems. Jinshan FMC has been unable to issue the letter of credit. The processing products of Hon Bang petrochemical and Liwan polyester have ceased to be sent out, and Sinopec Group has issued a business interruption with the Sino Tuo company's business cooperation. Subsequently, PTA futures closed for two consecutive days, and the downtrend lasted for a week. PTA futures fell from 6318 yuan / ton at the beginning of the month to 5272 yuan / ton, a drop of 16.55%, which is close to the lowest value of 5154 yuan / ton in nearly a year. A large PTA rally was expected in the market. In July 30th, PTA began to rebound steadily.

    But with the collapse of crude oil prices, PTA's confidence was shattered, and it continued to head down. The lowest price has been down to 5180 yuan / ton. On the other hand, the supply of PTA will increase in the second half of the year. It is expected to reach 5 million 900 thousand tons, including 2 million 200 thousand tons of new Feng Ming, 1 million 200 thousand tons of China and Thailand, 1 million 200 thousand tons of Hengli petrochemical, and 2 million 500 thousand tons of Hengli petrochemical.

       The "raw blood" of upstream raw materials has blown the whole textile industry chain. In this troubled times, what kind of mentality is the downstream market and how to face the market decline?

    It seems that adding to the bad is actually a false alarm.

    The United States has imposed a 10% tariff on China's $300 billion commodity, which is more of a blow to people's confidence in the future economic situation. People buy gold safely, and they can see that people are not optimistic about the future of the market as a whole. As far as our textile industry chain is concerned, the reaction to levy tariffs is also very strong, which is evident from the fall of PTA diving.

    This year, more than half of the textile market is still no decent improvement, the lack of terminal orders, the market shutdown to reduce the rate of start-up is more common. Even the master who pulled the goods on the market changed their jobs because they did not live. In the off-season, the market has been plaguing every textile person. The advent of tariff increases is a bit of a disaster. But in fact, the impact on our textile industry is more false alarm.

    As early as we had imposed tariffs on US $250 billion, almost all our textiles were included. The new 300 billion dollar product will not be much of textiles, and most of the textile products we export to the United States will be made of garments. At present, the number of garment enterprises in China has been greatly reduced, and many have moved to Southeast Asia and Africa. That is to say, the US tax increase is more "jump out and frighten us", which will not have much impact on our textile industry.

    It seems that challenges are actually opportunities.

    Nietzsche said: anything that can't kill you will make you stronger. This sentence is also applicable to our textile industry. After many US tariffs, foreign trade market contraction and market off-season, our textile people have already taken the usual view of any international market changes, learned to work hard and learn to seek opportunities in challenges.

    The collapse of crude oil prices has pulled down the PTA that will go up, and the raw materials will also enter the downstream channel. This is undoubtedly good news for weaving on the line of profitability and loss. According to feedback from a billet dealer, the current market has improved over the previous period, but the selling price is going along with the cost line, that is, not making money to stock. But now there is a downward trend in the price of raw materials, which will add a balance bar to the grey cloth merchants. On the other hand, the appreciation of the US dollar and the depreciation of the RMB also give the "long drought" foreign trade market a little "sweet dew". If the foreign trade order in the early stage is returned in the near future, it can be exchanged for more than one thousand yuan for ten thousand US dollars.

    There is also a good news from the US interest rate cut. So far, 23 countries have announced interest rates cut. Although the United States is not the first one, it has the biggest impact. Following the announcement of the US interest rate cut, Brazil and the UAE immediately followed up the announcement of the rate cut. Will the pace of global interest rate cuts be triggered if so many countries are moving in step? Now it seems to be a probability event.

    China's GDP growth rate in the two quarter has reached a low level in recent years. The international situation is changing. The market has a steady mentality and a large amount of funds are transferred to the real estate market. It is also reasonable for the state to cut interest rates, put money into the market and save the manufacturing industry. Our textile industry will also benefit from it and get a breathing space in the off-season.

       In 2018, our GDP has reached 65% of the United States. History tells us that whenever the total amount of GDP in the country is close to 70% of the US, it will lead to the suppression of the United States. In recent years, the frequent launch of China has already demonstrated the mentality of the United States, and there will be more future moves. Our textile industry has been on the ups and downs for decades. It does not depend on a single market. Besides, we have a domestic market of 1 billion 400 million people.

    • Related reading

    In July, The PMI Of Caixin China's Service Industry Dropped To 51.6, The Lowest In Five Months.

    Fabric accessories
    |
    2019/8/5 13:12:00
    4

    "Kim Gu" Countdown For 1 Months: These Good Omens Show That The Textile Season Is A Show!

    Fabric accessories
    |
    2019/8/5 13:11:00
    0

    RMB Breaking 7: Textile And Apparel Stocks Leading Trading, What Other Beneficial Stocks?

    Fabric accessories
    |
    2019/8/5 13:11:00
    0

    Fengxin Speeds Up Textile Industry Cluster Development

    Fabric accessories
    |
    2019/8/5 13:11:00
    0

    Mixed Supervision Of Global Industrial Chain And Labor Relations In Textile And Garment Industry

    Fabric accessories
    |
    2019/8/5 13:11:00
    0
    Read the next article

    In July, The PMI Of Caixin China's Service Industry Dropped To 51.6, The Lowest In Five Months.

    In August 5th, Caixin China general service industry index (PMI) recorded 51.6 in July, down 0 compared with June.

    主站蜘蛛池模板: 最近免费中文字幕视频高清在线看| 狠狠色噜噜狠狠狠狠97不卡| 国内成人精品亚洲日本语音| 五月花精品视频在线观看| 老八吃屎奥利给原视频带声音的| 最近中文字幕高清字幕8| 啊灬啊灬啊灬快灬深高潮了| 一区二区三区国产最好的精华液| 欧美日韩在线视频一区| 国产欧美亚洲精品| 一本色道无码道dvd在线观看| 男人j放进女人p全黄| 国产成人无码18禁午夜福利P| jlzzjlzz亚洲乱熟在线播放| 最近中文字幕在线中文视频| 国产三级日产三级韩国三级| 97久久精品无码一区二区| 日本免费精品一区二区三区| 啊轻点灬大ji巴太粗太长了视| 91中文字幕yellow字幕网| 拨牐拨牐x8免费| 亚洲中文字幕无码一区| 精品午夜久久福利大片免费| 国产无遮挡又黄又爽在线视频| www.91亚洲| 日本免费网站在线观看| 亚洲欧美日韩在线一区| 老司机午夜精品视频在线观看免费| 国产精品欧美一区二区三区不卡| 久久综合国产乱子伦精品免费| 男女超级黄aaa大片免费| 国产在线观看一区精品| 99在线视频免费| 最新国产在线拍揄自揄视频| 人妻无码一区二区三区| 欧美人与动性xxxxbbbb| 天天做.天天爱.天天综合网| 久久久久久国产精品免费免费| 欧美怡红院免费全部视频| 免费欧洲美女牲交视频| 被黑化男配做到哭h|