The Price Of Cotton Rises, Sticky Short And Most Of Them Rise. Are There Any Uavs?

Market brief

In September 16th, 11940.0042 tons of resources were sold out of the cotton reserves, with a turnover of 11940.0042 tons, with a turnover rate of 100%. The average transaction price was 12179 yuan / ton, up 178 yuan / ton compared with the previous trading day, and the price of 3128 yuan was 13408 yuan / ton, down 64 yuan / ton compared with the previous day. Xinjiang cotton trade average price of 12416 yuan / ton, Xinjiang cotton discount 3128 price 13786 yuan / ton, Xinjiang cotton price increase 1248 yuan / ton. The average price of real estate cotton is 12071 yuan / ton, the price of real estate cotton is 3128 yuan, 13237 yuan / ton, and the increase rate of real estate cotton is 699 yuan / ton. From May 5th to September 16th, the cumulative turnover of cotton reserves totaled 885 thousand and 600 tons, with a turnover rate of 85.54%.

The cotton price of the far month contract increased slightly, but the spot cotton price continued to rise slightly, but the turnover was still not up to date, and the auction price continued to maintain all the transactions. The auction price also rose slightly, and the price of the cotton seed in the mainland continued to rise. The profit margins of the cotton mill were continuously compressed. The Xinjiang ginning factory increased, and the recent trial and trial run was the main. Some cotton ginning factories were processing cotton for the first time, and the cotton mills began to go on sale in the latter half of the year. The stocks of the downstream mills were still at a high level. The procurement of raw cotton was prudent, the auction of national cotton stores and the purchase of Xingjiang cotton with high cost performance were the main reasons, and the demand for short-term cotton linings was limited. Trade relations between China and the United States eased and market sentiment improved.

The price of acrylonitrile is stable and wait-and-see, the mainstream factory offer rises to support the mentality of a very high price, and the supply of goods in the spot market still has certain support. The stable price of the business is continuing, but the new device has triggered a market wait-and-see mentality, and the downstream stock mentality is slightly tangled. The market just needs to hand in the investment. Some of the offer is slightly higher, and the firm negotiated the deal, and the acrylonitrile price is expected to be stabilized in the near future. Acrylic fiber prices continue to be stable, there is no bright spot for downstream demand, acrylic producers limit production price, market trading atmosphere is generally, northeast big factory weekly memory maintenance plan, short term pay attention to cost side change mainly, it is expected that acrylic fiber prices will remain stable.

In August 2019, the industrial added value of above scale increased by 4.4% in real terms (the actual growth rate below the price factor) was 0.4 percentage points lower than that in July. From the perspective of the ring ratio, the added value of industrial added value above scale increased by 0.32% over the previous month in August. In 1-8, the added value of above scale industries increased by 5.6% over the same period last year. According to sub sectors, in August, 32 industries increased in value in 41 major industries, an increase of 0.1% over the same period, an increase of 0.1% in textile industry, and an increase of 1.2% in chemical raw materials and chemical products manufacturing. According to the regional perspective, in August, the added value of the eastern region increased by 2.8%, the central region increased by 6.5%, the western region grew by 5.3%, and the northeast region grew by 3%. In August, the sales rate of industrial enterprises was 98.3%, down 0.3 percentage points from the same period last year. The export value of industrial enterprises reached 10464 billion yuan, down 4.3% from the nominal level.

Recently, Lanxi and Zhejiang Sci-Tech University and other colleges and universities jointly run schools and set up textile classes, and exploded in the "circle of friends" of the textile industry in Lanxi. Many textile enterprises have signed up groups, and workers in a large number of textile enterprises, such as Xin Lan, Yu Bo and Jin Su, have shown a high willingness to learn. Textile industry is a traditional pillar industry in Lanxi. There are more than 1600 textile enterprises in the whole city, with 147 enterprises and 60 thousand employees. In recent years, the textile industry in Lanxi has developed rapidly, forming a large well-known and influential industrial cluster. But at the same time, it is also faced with challenges such as low profit margins, weak innovation, insufficient talent support and rising factor cost. For the design and technical personnel of Lanxi textile enterprises, Zhejiang Sci-Tech University set up a directional training class for textile engineering upgrading. Students completed the requirements of the training plan. They could get a bachelor's degree in adult higher education and apply for a bachelor's degree. A modern textile technology training course was offered at Zhejiang Textile and Fashion College, and the students completed relevant courses. The study period was completed and the results were qualified.

Recently, the good news came from the twenty-first Jiangsu International Fashion Festival. At the 2019 Jiangsu textile "green development" Summit Forum, Shuyang economic development zone was awarded the "Jiangsu textile green development demonstration zone". In recent years, Shuyang has adhered to the principle of "adjusting, adjusting, adjusting and adjusting green" to promote the transformation of the textile industry from following development to leading development. At present, the county has 142 Textile Enterprises above Designated Size, mainly covering three major sections, including covering yarn, home textile and intelligent knitting, forming a more complete industrial chain including "mechanical equipment - spinning, weaving, weaving, printing, dyeing and finishing" and so on. In 2018, the county's textile industry realized the sales revenue of 12 billion yuan, an increase of 42.6% over the same period last year.

In September 12th, the Xinmi garment industry association and its first member congress were held in Luban's delight hotel. Through the legal procedure, the General Assembly voted to adopt the constitution of Xinmi garment industry association, and elected the first president, vice president and Secretary General of the association. The brand clothing industry in Xinmi started in 1970s. In recent years, Xinmi has built the modern industry system as the breakthrough point and breakthrough in promoting the transformation and development. It has continued to promote the construction of "China's famous brand garment manufacturing city" and "the high quality manufacturing base for Chinese clothing", and has scientifically compiled the "Xinmi garment industry development plan", and has issued a series of policy documents represented by the "support for the fourteen development of garment industry". The beautiful economy has produced tremendous productivity. There are more than 200 garment enterprises in Xinmi, 48 Enterprises of above scale, 1 well-known trademarks in China, 8 famous brands in Henan, and 2 famous brand products. In 2018, the output of Xinmi garment industry exceeded 100 million, the output value reached 20 billion yuan, and the annual growth rate was over 30%. The added value of industrial textile and garment industry increased by 196% over the same period, becoming a bright business card for Xinmi.

According to the September Global Forecast of production and demand released by the US Department of agriculture, the initial inventory, output, export volume and consumption of cotton in the United States were reduced in 2019/20, and there was no change in the end inventory. In the US, the initial inventory was reduced by 400 thousand packages, and the output was reduced by 654 thousand packs, mainly due to the reduction of production in the southwest area and the reduction in consumption by 100 thousand packs, and the export volume was reduced by 700 thousand packs due to the decrease in output and the proportion of the US in global exports. On the global side, the global initial inventory increased in 2019/20, and the output, consumption and trade volume were reduced. Global production is down by 709 thousand packs, and the US and Australian cuts are offset by India's growth. Global consumption has been cut by 1 million 300 thousand packages, and the decrease in consumption in China, India, Brazil, Thailand, Vietnam and the United States has offset the increase in consumption in Turkey. Global cotton imports have been cut, and imports from China, Vietnam and Thailand have decreased. The end of the world inventory ring ratio increased by 1 million 300 thousand packages, to 83 million 700 thousand packages, an increase of 2 million 900 thousand packages.

Kazakhstan will export wool and linen to China: it is reported that Kazakhstan intends to ban government purchases of furniture, clothing, bedding, cement and other imported commodities, and the draft relevant government orders are soliciting public opinions. According to the document, 10 categories of imported products, such as furniture, clothing, household textiles and cement, are prohibited from being included in the scope of government procurement. The commodities produced by Kazakhstan enterprises with CT-KZ local production qualification and industrial qualification can be included in the scope of government procurement. The order is valid for 2 years. The Ministry of industry and infrastructure development of Kazakhstan said the resolution was aimed at protecting the domestic market, developing its own economy and supporting domestic commodity producers.

According to the Indonesian International Daily reported on September 9th, Ahmad, Secretary General of the Indonesian industrial ministry, said at Pelalawan Liao Shengpei in September 7th that the US Customs had a good impression of Indonesian garments and textile products, so they planned to reduce their import duties from 11% to 5% next year. This will promote the expansion of the export market of Indonesian textiles, which is a great opportunity for the Indonesian textile industry. Ahmed would like to have similar business opportunities for European exports. Indonesian exporters must seize this opportunity to achieve more export contracts. If Indonesian textiles can control 1.8% of the global market, the textile industry will have great potential and the export market will continue to expand. He stressed that despite this, Indonesia's textile industry still needs to continue to carry out some work in order to make use of its potential, that is, the coordinated development of upstream industries and downstream industries.

Last week, cotton prices in India were affected by the first batch of new cotton listing, cotton yarn prices continued to decline, and other yarns began to stabilize. Cotton yarn prices fell 2 rupees / kg, blended yarn prices fell 3 rupee / kg, polyester viscose yarn and pure polyester yarn remained stable. At present, India's new cotton in Punjab is on the market. This year's MSP minimum purchase price rises very little. The India Cotton Corp will not buy it before the new year (October 1st), and short term domestic cotton prices will be under pressure. However, with the start of the new year, cotton prices will not fall sharply with the acquisition of the government. At the same time, the textile industry in India is shrinking, and the demand for knitted apparel and fabric manufacturers has declined compared with the previous year.

Last week, the prices of cotton and cotton yarns in Pakistan were stable, and domestic sales and export of cotton yarn were relatively low. The 30 Combed Yarns had remained stable for several weeks after their previous decline. The export price of cotton yarn is difficult to rise due to the decline in China's demand. At present, cotton prices in Pakistan are beginning to rise because cotton mills begin to purchase after new cotton goes public, and demand increases. The price of polyester cotton yarn and polyester viscose yarn has not changed because of the stable price of raw materials. The price of polyester staple fiber has stopped falling and the RMB exchange rate has strengthened. The price of imported polyester staple in China has risen slightly. Viscose yarn prices declined with the price of viscose fibers falling at home and abroad, viscose staple fiber prices remained stable, and import prices declined.