Short Term Data Analysis Of Lint Yarns

Market brief

In 2019, the successful completion of the cotton reserve came to 2018/19. The auction of the national cotton store in 2018/19 began in May 5th and ended in September 30th. The average price of the total transaction is 11500-15000 yuan / ton, which is equivalent to 3128B price at 12775-16220 yuan / ton. In 2018/19, the turnover of national cotton stores was 996 thousand and 212 tons, with a turnover rate of 90.2423%. In 2018/19, the reserve price of national cotton stores is relatively stable. The overall price trend of cotton prices is obvious in the whole year. The price of national cotton reserves is high and the market price is high. According to the statistics released by the market, as of the end of 2018/19, the number of state cotton stocks is up to 1 million 760 thousand tons.

The increase in the volume of the cotton market has continued to increase the supply side pressure and the cotton price is still weak. In the new cotton market, the market has been worried about the decline in seed cotton prices. The market is still relatively cautious about the price of seed cotton. The decline in seed cotton prices has also caused some cotton farmers' strong opposition. At present, the cotton industry chain has a cautious attitude towards the upper and lower reaches of the cotton industry, and the demand for the cotton industry chain has not been significantly improved. Most of the cotton mills do not do a lot of stockpiling, but the market buying and selling atmosphere is still cold, and the Sino US trade frictions are complicated and changeable. The market is generally not expected to meet the demand. Under the pressure of inventory, the cotton market is hard to get a big rise, and concerns about the change of seed cotton purchase price and the progress of Sino US trade talks. Zheng cotton maintained a concussion and fell, and the market paid more attention to Sino US trade talks in October 10th. The lint spot market maintained a weak trend.

The price of acrylonitrile is stable and volatile. The retail offer is temporarily referenced to 12700-12800 yuan / ton, and the mentality of businessmen is very constant. The message is interlaced and the operators are cautious. In the medium and long term, the supply of acrylonitrile market is expected to increase. As a whole, the air atmosphere is not decreasing, and the risk of acrylonitrile price drops. Acrylic staple fiber prices continue to be stable, 1.5D manufacturers quoted 14600-15500 yuan / ton, the peak season is not prosperous, acrylic fiber market demand has always been tempered, downstream cotton mill procurement enthusiasm is limited, but at present, the overall industry is not high, manufacturers cautious trader, the market as a whole is running in general, short market forecast acrylic fiber prices will maintain horizontal finishing, concerned about the change of raw materials.

October 8th -16 day, 18:30-19:00 every day, "weaving miracle China Textile" will be broadcast on the central broadcasting and television station's central broadcasting economy. The program is a series of articles by the China Textile Industry Federation and the CCTV4 in the "dress revolution" series. The "weaving miracle China textile industry" respectively interviewed Sun Ruizhe, President of the China Textile Industry Federation, academician of the Chinese Academy of engineering, Chiang Shi Cheng, "the father of Dacron", vice president of the China Textile Industry Federation, President of China Chemical Fiber Industry Association, Li Rongjie, chairman of Fenghua Group, Shi Wendong, chairman of Dong Dong Jin Resources Recycling Technology Co., Ltd., Fr d d ric Van Houte, executive vice president and director Hatomi Yoshixianyi of Japan Chemical Fiber Association, and representative of the global textile industry, such as Mayuree, honorary president of the chemical fiber Association. Through a series of special interviews, gathered into a concentrated landscape of China's textile boom.

Textile and clothing is the pillar industry in Chaonan District, which has made 80% of the country's household clothing, 40% of the women's underwear and 35% of the surface accessories. It produces more than 1 billion underwear household clothing sold all over the world every year. At present, there are more than 3100 textile and garment enterprises and 10 employees in the region. Last year, the total industrial output value reached 56 billion 559 million yuan, accounting for 52.55% of the total industrial output value of the whole region. It is understood that the region intends to retain the 127 printing and dyeing enterprises have all entered the garden (Chaonan printing and dyeing Center) construction, and strive to the end of this year, more than 2/3 of enterprises to enter the park to start production. It is reported that the Chaonan printing and dyeing center will also base itself on the traditional dominant industries in Chaonan, extend the upstream and downstream industry chain, integrate and enhance the competitiveness of small and medium enterprises, support enterprises to become bigger and stronger, and promote the reuse of inefficient industrial land, and strive to create an ultra 100 billion yuan textile and garment industrial cluster.

In September 21st, the Fifth China manufacturing industry listed company value creation forum and intelligent manufacturing digitalization and advanced manufacturing industry innovation and Development Summit were held. In the awarding section, the winner of the 2019 annual manufacturing champion was awarded. Wen Feng Group has shown rapid and high quality development in recent years. In 2018, it became the first billion manufacturing enterprise in the manufacturing industry and the first textile industry in China. It ranks 444th among the top 500 manufacturing enterprises in China's private enterprises, and has won an innovative industry singles champion enterprise.

On the afternoon of September 27th, the supply and demand of human resources services in the 2019 textile and garment industries will be held in the market area. The theme of this meeting will be "fashion clothing, new intelligence, and create new glory of Hong Bang" as the theme. It attracted more than 100 textile and garment enterprises, more than 60 human resources service agencies, and 24 counterparts in all over the country. Nearly 200 precise talents were invited, and the number of total ginseng will reach more than 700. According to statistics, there are more than 220 cooperative intentions in the joint meeting, which mainly include talent recruitment (Introduction), staff training and high-end headhunters. 110 contracts are signed between entities and professionals, and the contract posts are mainly designed, e-commerce and foreign trade.

On the evening of September 29th, the founding ceremony of the small and medium textile enterprises promotion association held in the District, marking the new trend of the textile and weaving industry from single go to the integration of resources and alliance development. According to the briefing, there are more than 250 members of the small and medium textile enterprises promotion association, and nine of them are spin spinning enterprises. The next step will be to promote the supply chain alliance based on the 5 year development plan, and establish a three-dimensional platform for information sharing, cooperative development and centralized promotion, and timely start the supply chain trading platform, and explore a new path for the development of small and medium-sized enterprises, so as to add new impetus to the development of quality and quantity.

In September 29th, CNPC announced two major oil and gas exploration achievements in China. PetroChina said that this year, it has achieved significant exploration results in the Chang 7 reservoir of the Ordos Basin. The newly proved geological reserves of 3.58 million tons, predicted geological reserves of 6.93 million tons, and found one billion tons of Qingcheng oilfield. In the exploration of shale gas in the basin, new shale gas reserves of 740 billion 971 million cubic meters have been found in the - - and the solar blocks, and the total shale gas in the area has been estimated to be about 1 trillion and 60 billion cubic meters. Thus, the basin formed a trillion square scale shale gas area. At present, China's crude oil dependence is approaching 70%, and the development of new large oil fields has become a very urgent demand.

Vietnam's Ministry of industry and trade announced in September 30th that Vietnam's exports of 26 categories of commodities exceeded 1 billion US dollars in September this year, accounting for 89.8% of total exports. Among them, 5 categories of merchandise exports exceeded 10 billion dollars mark. Mobile phones and components accounted for 38 billion 595 million US dollars, accounting for 19.9% of total exports, an increase of 5.1% over the same period last year. Electronic, computer and spare parts 25 billion 435 million US dollars, an increase of 16.9%; textiles and garments 24 billion 772 million US dollars, an increase of 10.4%; footwear 13 billion 330 million dollars, an increase of 13.5%; machinery and equipment and parts 12 billion 910 million dollars, an increase of 7.5%. The United States remains Vietnam's largest export market, with an export volume of US $44 billion 900 million, an increase of 28.2% over the same period last year.