Will The Final Auction Of Cotton Reserves Continue To Be Hot? Polyester Staple Fiber Is Weak And Stable, And The Yarn Price Will Return To Embarrassment.

Market brief

In September 20th, 11786.7418 tons of resources were sold out of the cotton reserves, with a turnover of 11676.7238 tons, with a turnover rate of 99.07%. The average transaction price was 12149 yuan / ton, down 11 yuan / ton compared with the previous trading day, and the price of 3128 yuan was 13307 yuan / ton, up 10 yuan / ton compared with the previous trading day. Xinjiang cotton trade average price of 12643 yuan / ton, Xinjiang cotton discount 3128 price 13741 yuan / ton, Xinjiang cotton price increase 1203 yuan / ton. The average price of real estate cotton is 11872 yuan / ton, the price of real estate cotton is 3128 yuan, 13062 yuan / ton, and the increase rate of real estate cotton is 524 yuan / ton. From May 5th to September 20th, the cumulative turnover of cotton reserves totaled 932 thousand and 300 tons, with a turnover rate of 86.14%.

Zheng cotton wide concussion, a small number of additional positions, is expected to maintain the short-term Zheng cotton range shocks. The new flower will soon be on the market, the new and old market will be mixed up, and the trade between China and the United States will soon be on the rise. The prices of seed cotton and lint will remain stable, and the cotton mills will still need to purchase. Some cotton mills and traders will actively compete for the national cotton reserves. The last week's auction of the cotton reserves will continue to maintain a high turnover rate. In the new flower aspect, the purchase of the cotton mill is prudent, the price of Xinjiang picking cotton seed is stable, and the cotton mill's scale is not yet widespread. It is expected that the market will be concentrated at the end of the month, and the old cotton customers will take a small amount of orders. Spot cotton market,

The price of acrylonitrile is stabilized, and the business is expected to be close to the end of the month. At present, the stock price is limited, and the business keeps the mentality of maintaining price. The manufacturer's offer is steady. There is no shortage of high price offer in the market. Traders are cautious in selling orders, ordering sales are the main ones, the downstream businesses just need to take delivery of goods, and the market trading center has a limited change. The price of acrylonitrile is expected to remain sideways. Acrylic fiber prices continue to maintain stability, the demand side has no obvious improvement, the downstream cotton mill orders are generally, the raw materials are not actively motivated, acrylic trading market in general, factory price stability trader mentality to maintain, manufacturers offer a stable mentality, upstream raw material space is not enough, no cost support, downstream demand is weak, it is expected that acrylic manufacturers continue to stabilize prices.

On the 17 day of the local time, the office of the United States Trade Representative (USTR) announced 3 notice on the elimination of tariff goods to China, and over 400 items were exempt from customs duties. Unlike previous lists, the list covers three batches of Chinese goods declared by the United States to be subject to tariffs. The tariff exclusion list covers 437 commodities. The main commodities excluded are all kinds of instruments and equipment parts, organic synthetic materials, daily necessities, chemicals, textiles, electrical and mechanical equipment, chemical products, iron and steel products, etc. These goods are separately distributed among the three batches of tariff-imposed Chinese goods announced by the United States since last year: 34 billion US dollars, 16 billion US dollars and 200 billion US dollars. In textiles, 100% of polyester woven microfiber fabrics and polyester products are also excluded from this list. According to the statistics of the China Textile Import and export chamber, the export volume of China's textile and apparel exports to the United States last year was about 10 billion 300 million US dollars, accounting for about 16% of China's exports to the US textile and clothing and raw materials, and about 1.7 000 of the export enterprises. Rufus Yerxa, chairman of the US Foreign Trade Council, has said that the United States no longer has the infrastructure to manufacture clothing, textiles and other related products.

According to the Kuitun and Korla cotton regulatory database, since the middle of September, the output of lint trucks has slowly recovered. Not only did the proportion of hand picked cotton increase in southern Xinjiang, but also the "double 28/ double 29" high quality cotton was mainly shipped, mainly in Henan, Shandong, Jiangsu, Hubei and so on. A trading company in Henan said that the flow of Zhengshan cotton warehouse receipts in 8-9 months was larger, and the spot sales of hand picked cotton bottomed out, and some mainland buyers were "waiting for the rice". (railway transport required 1 months' advance plan and direction), so highway transportation became the first choice. At present, highway transportation prices continue to increase slightly, mainly due to the reduction of the number of vehicles in the Xinjiang, the increase of oil prices, and the low temperature rainfall in parts of and outside the territory. According to the cotton Logistics Association of China Cotton Association, as of the end of August, the total stock of cotton turnover in China was about 2 million 8 thousand and 600 tons, a decrease of 387 thousand and 600 tons from the previous month, which is 868 thousand tons higher than that of the same period last year. Of the 43 warehouses in Xinjiang, there were 1 million 371 thousand and 800 tons of commodity cotton turnover, up from 869 thousand and 900 tons in the same period last year. Cotton turnover accounts for 68.3% of the total inventory in the country, accounting for a marked decrease in 6-7 months. Some cotton enterprises and R & D agencies have estimated that the cotton turnover bank will still be over 1 million tons at the end of September.

According to the cotton yarn trading enterprises in Guangdong, Jiangsu and Zhejiang, Qingdao and other places, since the late August cotton futures ICE bottomed out, the cotton spot quotes rose strongly with ICE, the EU cut interest rates, restart QE, and the Federal Reserve cut interest rates two times this year, the quotation of cotton yarn quotation from Vietnam, India, Pakistan, Indonesia, Central Asia and other places in the past half a month has increased overall (9/10/11 shipping date and bonded yarn), especially Vietnam yarn price rise is outstanding. According to the quotations from several brands, big factories and reputable Vietnamese cotton mills, the quotation from OE yarn to high count yarn and combed yarn is increased by 3-10 cents / kg, with a slight increase in high quality, package bleaching and tight spinning. Some weaving factories and middlemen said that as the price of bonded yarn and Vietnamese yarn has been flat or even 3-5 cents / kg with cotton yarn in India and Central Asia, the price of Vietnamese cotton yarn in the 9/10/11 shipping period has been reduced or suspended, and the yarn quality and interest rate of the bonded yarn have been reduced, and the interest rate of bonded yarn is decreasing. Instead, the price of the cotton yarn inquires in India, Pakistan and other places has been warmer. The middleman of Foshan, Zhejiang and Shaoxing in Guangdong said that the shipment of imported yarn of C32S and below was somewhat better than that in August, especially for C21, C26 and C32S knitted yarn. The orders of India, Vietnam and Central Asia producing 40S-60 combed yarn and more than 40S combed yarn (including tight spinning) were still light, and some traders even used them to describe them.

On September 18-19, the national textile workers and craftsmen walked into the Centennial famous enterprise Yu Dahua's advanced deeds report was held in Wuhan, Hubei. This October, coincides with Wuhan Yu Dahua textile and Apparel Group Company 100th anniversary. On the eve of Yu Dahua's centenary birthday, the national textile workers and craftsmen went to the convening of the report on the advanced deeds of Yu Dahua, a centennial famous enterprise. It is of far-reaching significance to inherit the cultural heritage of Yu Da Hua for a hundred years and to promote the close integration of the spirit of the model worker and the craftsman spirit with Yu Dahua's 100 year textile culture. Hubei has been a major province of textile industry throughout the country. Textile has always been an important livelihood and pillar industry in Hubei province. There are over 1500 enterprises in the province above the scale of textile industry. In 2018, the main business income of the textile industry in the province exceeded 320 billion yuan. There are many excellent textile enterprises in Hubei, such as Yu Dahua, founded in the early part of the last century. In the past hundred years, it has been a strong witness to the development of Hubei textile and even China's textile industry.

In September 19th, jointly sponsored by the China Textile Industry Federation and China Forestry Industry Federation, the International Conference on "2019 hemp and hemp industry" jointly held by the national hemp industry alliance, Chinese Academy of Agricultural Sciences Institute of hemp and Heilongjiang Academy of Sciences was held in Beijing. The world's hemp industry experts, entrepreneurs and industry representatives gathered in Germany, Russia, Ukraine, Japan, Thailand and Holland to carry out technical exchanges and exhibitions around the new technologies, new products and achievements of the hemp industry and research area, including the hemp industry and policy situation in various countries, the breeding of new hemp varieties, the hemp harvesting and processing machinery, the hemp textile technology, the preparation and application of composite materials, the hemp seed food and health and so on. From the aspects of policy, industry, market, technology, and channel, the industry structure of the hemp industry is deeply analyzed. The leaders of the China Textile Industry Federation, Sun Ruizhe and other experts at home and abroad make keynote speeches at the conference, giving full perspectives to the major opportunities and investment prospects of the Chinese hemp industry from various angles. From China, Canada, the United States,

In August 31st, Shandong Wei Qiao Venture Group signed a strategic cooperation agreement with CITIC Trust and the Chinese Academy of Sciences, and jointly established the Innovation Research Institute, aiming to create an open research platform, promote the transformation and transfer of research achievements, integrate global resources, and play a leading role in the development of new technologies and exploration of industry university research cooperation mechanism. This is a useful attempt to integrate production, research and finance. Through the joint creation of innovation research institutes, we will create comprehensive platforms for personnel training, R & D, innovation, scientific experiments, industrial services and science and technology financial services for cotton textile enterprises, and promote the transformation of research advantages into productive benefits, help enterprises develop with high quality, and strive to achieve the goal of win-win cooperation.

In September 18th, Zhejiang launched the service month activities of foreign-invested enterprises. Through the three level linkage of provinces, cities and counties, we went deep into foreign-funded enterprises, actively publicizing the latest foreign capital policy initiatives in all parts of Zhejiang, unblocking communication channels between government and enterprises, enhancing the confidence of foreign-funded enterprises in Zhejiang's development, and contributing to China's steady foreign investment situation. In order to continue to do a good job in "stabilizing foreign investment", the Zhejiang provincial government decided to launch the service month activities of foreign-invested enterprises around the theme of "Zhejiang is your home" from mid September to the end of October. This activity focuses on two aspects of the policy of "sending enterprises". "One is the policies promulgated by the Zhejiang provincial government and provincial departments for all enterprises in Zhejiang, including the reduction of taxes and fees, energy costs, labor costs, logistics costs, etc." the two is Zhejiang's 11 districts and municipalities, and the county governments according to the actual policies adopted in the region. They have policies for all enterprises in this area, and there are policies to promote economic development and encourage foreign investment.

The German government has officially launched the "green button" textile badge, which is a certification badge which can prove that its products meet many social and environmental requirements. The German Federal Ministry of economic cooperation and development, which owns the "green button", said that the plan is the first certification mark specifically designed for products and enterprises and supervised by the state. Products such as T-shirts, sheets or backpacks must meet 26 stringent social and environmental standards, ranging from chemical residue restrictions and total prohibition of dangerous chemicals to minimum wage and child free labor or forced labor. In addition, each company that signs the plan will conduct a detailed review based on 20 other criteria, including: whether to disclose suppliers? Do women sewing workers have proper complaint mechanism for their work and life? Does the company eliminate any shortcoming of discovery? First, the plan will cover two of the most important stages of production: sewing and dyeing. In the next few years, "green button" will expand to other production stages, such as cotton cultivation. Social and environmental standards will also continue to develop, such as promoting living wages. An advisory committee composed of commercial, scientific and civilian representatives is fully supporting the plan. The logo was launched in September 9, 2019. 27 companies have signed the contract and successfully passed the review of the new label. At present, 26 other companies are undergoing the trial process.