How Long Will The Price Be Firm? Raw Material Weakness, Yarn Enterprises Still Negative Profit Operation?

Market description

On September 26th, 11052.8974 tons of sales resources were sold by the reserved cotton wheel, and the actual transaction volume was 7752.612 tons, with a transaction rate of 70.14%. Compared with the previous day, the transaction price was RMB 3186 / T, up by RMB 44 / T on average. The average transaction price of Xinjiang cotton is 12345 yuan / ton, the price of Xinjiang cotton is 3128 yuan / ton, and the price of Xinjiang cotton is increased by 621 yuan / ton. The average transaction price of real estate cotton is 11566 yuan / ton, the price of 3128 yuan / ton is 12990 yuan / ton, and the increase range of real estate cotton is 270 yuan / ton. From May 5 to September 26, the total turnover of reserve cotton was 973400 tons, with a turnover rate of 86.21%.

Zheng Mian opened low and went low, and fell in shock. With the new flowers coming into the market one after another and the market lacked the support of good news, the industrial hedging funds entered into the market one after another. The short-term market shock fell, and the short-term target position of main contracts was around 12200. Domestic lint supply is sufficient, and new cotton is about to be listed. The prospect of cotton demand is still worrying. Market pessimism is heating up, lint purchase and sales are further weakened, and lint prices are under pressure. Recently, there are still enterprises selling goods to cash out, which leads to the lack of confidence in the future market of cotton prices. In terms of new cotton, the purchase of cotton ginning plants in Xinjiang tends to be cautious, seed cotton prices fall slightly, but cotton farmers are reluctant to sell The new cotton market progress is slow, and may be promoted after the national day. Due to the high pressure of real-estate cotton, the price of cottonseed is not stable, and the purchasing enthusiasm of some cotton enterprises has decreased recently. In order to prevent cotton prices from continuing to decline, ginning enterprises have sold hedging. During the week, it was heard that warehouse receipts were generated in some enterprises around 13000 yuan / ton, 12800 yuan / ton and even 12600 yuan / ton. The short-term trend of cotton price is still under pressure. It is expected that the trend will be stable and weak, and pay attention to the progress of Sino US trade peace talks.

The high price of acrylonitrile was maintained. The settlement price of Shandong factory in September was 12200 yuan / ton. The spot retail offer was temporarily referred to around 12800 yuan / ton, and some offers were around 13000 yuan / ton. At the end of the month, the merchants had few goods, and the orders were mainly sold. However, the supply of manufacturers was tight, and the transportation in some regions was limited. The atmosphere of market speculation was not reduced. Some offers were available but not available. It is expected that acrylonitrile will be in a short market Prices remain high and volatile. The price of acrylic fiber continues to be stable. The high price of raw material acrylonitrile factory will be settled monthly, and the pressure of acrylic fiber cost will not be reduced, while the performance of downstream demand will continue to be general. The downstream yarn mills purchase the upstream raw materials carefully, the acrylic fiber market trading rhythm continues to be gentle, and the textile terminal is hard to say good. The acrylic yarn manufacturers see the hollow state, and the acrylic fiber factory has a stable offer mentality. It is expected that the short-term acrylic fiber price will remain stable The market needs clear direction information guidance.

According to the prediction of the national cotton market monitoring system, China's total cotton output will reach 6.16 million tons in 2019, up 0.9% year-on-year, while Xinjiang's new cotton production is expected to reach 5.266 million tons, accounting for more than 85% of the national output. How about the purchase price of cotton in Xinjiang this year? The reporter learned that at present, the purchase price of the first picked seed cotton in Korla is generally 5.3 to 5.7 yuan per kilogram, which is 1.5 yuan lower than last year. However, Xinjiang still enjoys the national target price subsidy of 18600 yuan per ton of lint cotton this year, which reassures local cotton farmers. No matter what the price of cotton is, plus the subsequent price subsidies, the actual lint per ton is 18600 yuan.

On September 25, Zhejiang Textile Testing Institute and Tongfang Zhiwang (Beijing) Technology Co., Ltd. signed a "strategic partner" contract. The two sides will jointly establish a strategic cooperation relationship, jointly carry out research in the fields of data comparison technology, leading data mining technology, and advanced industry knowledge services for the textile and garment industry, and jointly create a "service platform for quality improvement of textile and garment industry in Zhejiang Province".

On September 25, the Youth Forum on smart textile materials innovation across the Taiwan Strait and Hong Kong and Macao was held in Hangzhou. More than 100 young scholars and young technical backbones of enterprises engaged in scientific research and technological research and development in related fields such as intelligent textile materials from relevant universities, scientific research institutes and enterprises participated in the forum. China Japan University of science and technology, Japan China University of science and technology, and the China University of science and technology Young scholars from lab, Zhejiang University of science and technology, Tianjin University of technology, Southeast University, Changchun Institute of chemistry, Chinese Academy of Sciences, Jiangnan University, Wuhan Textile University, Qingdao University, Hubei University, Suzhou University, Shanghai University of science and technology and other units focus on flexible sensing materials, flexible energy storage materials, nanofiber materials, elastic conductive fibers, controllable porous fiber membranes and other cutting-edge textile materials The development of material science and technology and the advanced technology of intelligent textiles were exchanged.

Changyuan, Henan Province, spent 1.5 billion yuan to build a professional wear Town, covering an area of 1200 Mu: on the morning of September 20, Changyuan county held a forum on promoting the construction of professional wear town. The project is located in Pudong street, Changyuan County, covering a total area of about 1200 mu, with a total investment of about 1.5 billion yuan and a total construction area of about 500000 square meters, including: China Vocational tooling Research Institute, exhibition center and standard Quasi factory buildings, customized workshops, expert studios, high-end talents, industrial workers' housing and upgrading and reconstruction of existing villages.

It is reported that India's Ministry of small, medium and micro enterprises (MSME) announced plans to launch an e-commerce platform similar to Amazon and Alibaba. The digital platform, named Bharat craft, will be used to promote products from Indian native cloth and rural industries, hand looms, handicrafts, textiles, leather products and other industries. In addition, it is considered as the pillar of the global economy, which is 40% of the total output of the MSME sector, which contributes 40% of the total output to the manufacturing sector and 45% of the total output of the MSME sector. According to dgcis, MSME related products accounted for 48.10% of India's total exports between 2018 and 2019.

On September 20, 2019, the WTO Committee on safeguards issued the notification of filing safeguards submitted to it by the Indonesian delegation. On September 18, 2019, at the application of the Indonesian textile association, the Indonesian safeguard measures Committee initiated a case investigation on the import of synthetic fiber yarn and man-made staple fiber yarn (except sewing thread). The Indonesian tax codes of the products involved are 5509.22.00, 5509.32.00, 5509.51.00, 5509.53.00, 5510.12.00 and 5510.90.00. The interested parties shall register in paper and electronic form respectively within 15 days from the date of filing the case. The hearing is scheduled to be held from 10:00 a.m. to 12:00 a.m. on September 30, 2019. Interested parties participating in the hearing shall submit relevant evidence documents before September 26, 2019.