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    Demand Will Shrink In November, Can Cotton Prices Go Up? What Is The Performance Of Foreign Trade Orders?

    2019/10/30 11:48:00 0

    Market Quotation

    Market brief

    Zheng cotton up to the top position, before the challenge of high, once again to the uplink of cotton city to provide a certain impetus. Spot cotton prices continue to be stable and strong in cost, and the purchase of seed cotton is coming to an end in the North Xinjiang. The core of the cotton mill is transferring to the lint processing and sales direction. At present, the mainstream price of the 28 cotton picking machine in the northern Xinjiang is 12800-13100 yuan / ton, and the sales are not fast. The turnover is mainly concentrated in high-quality resources, and the supply of seed cotton is stable in the southern Xinjiang. The price continues to rise. With the increase of cost pressure, the purchasing mentality of the ginning mill is differentiated. Some of the ginning mills are becoming more cautious. Some of the ginning mills still continue to buy a lot of high prices and a large number of acquisitions are made, and the 28 28 hand picking cotton and wool prices in South Xinjiang are priced at 13000-13300 yuan / ton. The profit of the local cotton ginning mill is very low. With the increase of Zheng cotton, the price of the spot lint price has increased by 100 yuan / ton, but the turnover is still not strong. The new cotton market has increased sharply, but the downstream cotton mill procurement continues to just need to buy, some spinning enterprises still use the national cotton store. Later, with the advent of the off-season, the downstream demand for cotton will continue to weaken. We need to be alert to the risk of the rapid return of Zheng cotton in the late stage. We suggest that we lock in the profits and ship the goods at high prices, so that the cotton price trend in the short term will remain stable and strong.

    The price of acrylonitrile continues to be weak. At the end of the month, business confidence is not enough, and the mentality of the downstream bearish is not decreasing. The main idea is to take delivery of goods, and the price of the market is persisting. The market is generally in a low trading atmosphere. The spot market is less traded. There are no other guidelines at the end of the month. The price of acrylonitrile plant is temporarily stabilized, and the price of acrylonitrile is expected to remain weak. Acrylic fiber prices remained stable, cost support weakened, resulting in the downstream bearish mentality, the current terminal factory orders are generally expected, acrylic fiber bargaining sentiment is gradually strong, but the acrylic fiber plant is still hovering at the edge of the profit and loss line, and the industry capacity utilization remained at 6-7, the factory initiative to lower prices, enthusiasm is not high, short term acrylic fiber prices are expected to remain stable.

    According to the financial data of industrial enterprises released by the National Bureau of statistics in October 27th, the total profit of Industrial Enterprises above Designated Size in the first three quarters of 2019 dropped by 2.1% compared with the same period last year. Among them, the first quarter decreased by 3.3%, the two quarter decreased by 1.9%, the three quarter decreased by 1.8%, the decline was narrowed by quarter. In 1-9 months, the total profit of 30 industries increased in 41 industries, and 11 industries decreased. Chemical raw materials and chemical products manufacturing industry dropped by 13%, and the textile industry dropped by 4.3%.

    According to feedback from Cotton Traders in Qingdao, Zhangjiagang and other places, the price quotas for port clearance cotton and bonded cotton in the past few days have been steadily increasing and trading is becoming more and more diversified. Traders are eager to sell and clear up 2018/19 cotton, India cotton, Central Asian cotton and African cotton in the same year, and increase the intensity of pre-sale 11/12/1, Brazil and India new cotton in 11/12/1 months. Shandong, Jiangsu, Zhejiang and other places using cotton enterprises and traders said that, if the import tariffs of the United States and Canada could not be abolished in 11-12 months (not applying for tariff exclusion), it would intensify efforts to sign 2019 cotton, West African cotton and India cotton in 2019. Two, if the recent Sino US trade consultation has made great progress and the import of US cotton does not impose 25% duties, then no doubt the purchasing focus will turn to 2019/20 cotton. After all, competitiveness is much stronger than that of Brazil cotton and India cotton in terms of price performance, quality, time to market or supply capability.

    In October 28th, the first National Basketball Association of textile industry opened ceremoniously in the first village of Dongguan, Dalang, China. The League participating units cover the China Textile Industry Federation's cotton spinning, chemical fiber, wool spinning, hemp spinning, textile machinery, trade, clothing and other fields. There are production-oriented enterprises, trade oriented enterprises, and key textile research institutes and institutions, industrial clusters and so on. During the opening ceremony, the Dalang Basketball Association brought lion dance and basketball games to the guests. It added a bit of fun to the game. The government of Dalang grabbed it from the doll and showed its high regard for basketball. The opening game was organized by the CCPIT delegation to the Donghua University delegation. The final score was 84:75, Donghua University, and the TAC won the opening of the tournament. The League will last until November 3rd.

    In October 29th, the Shenzhen customs website issued the decision of People's Republic of China Shekou customs administrative penalty [snakes] [2019] 0085. Shenzhen Jinsha Textile Co., Ltd. declared false behavior violating the customs regulations, affecting the accuracy of customs statistics, affecting the country's export tax rebate -1.html "> Export tax rebate Administration. According to the regulations, Shekou customs warns and fines 31 thousand and 200 yuan.

    On the 28 day, the Urumqi high tech Zone (new urban district) signed the three party cooperation framework agreement with Maier fashion fashion Limited by Share Ltd and Shanghai Shanghai dress and adornment Limited by Share Ltd. The entry of La Natsu Bell fashion Limited by Share Ltd in Shanghai adds a new dimension to the textile and garment industry of Xinjiang. It is understood that in August 23rd this year, in the Urumqi high tech Zone (new urban area), the second batch of 2019 signed the signing of the agreement, the Urumqi high tech Zone (new urban district) and Maier fashion fashion Limited by Share Ltd (hereinafter referred to as Maier Fu) signed a cooperation agreement, through the acquisition of the world-renowned clothing brand to the Urumqi high tech Zone (new urban area), the establishment of the Asia Pacific and radiation global garment enterprise headquarters, and strive to build a modern textile and garment industrial park in Urumqi.

    In October 26th, Guangxi world textile investment group project foundation and investment signing ceremony was held in Dacheng Industrial Park, Pingnan County, Guangxi. This is another big celebration in Pingnan following the signing of the signing ceremony of more than 80 Dongguan's big wool weaving enterprises in August this year. At the signing ceremony, Pingnan County Government and Li Lai Feng Textile printing and dyeing, Zhongshan Yukai textile printing and dyeing, Foshan Nanhai Taiyuan printing and dyeing 14 textile printing and dyeing enterprises representatives have signed a concentrated contract. It is reported that Guangxi world textile Investment Group signed in January this year, Pingnan County, the project land 2000 mu, invest 4 billion 900 million yuan to build an ecological, technological, green ecological textile science and Technology Park, the project is completed after the completion of the project, the annual output value is about 5000000000 yuan, annual tax of about more than 100 million yuan, can drive the local employment of about 10 thousand people.

    According to the news of the economic and Commercial Counsellor's office of the Chinese Embassy in Pakistan, Pakistan's "dawn" reported that Bashir, chairman of the Punjab Textile Industry Association, President Bashir, said at a relevant meeting on Tuesday that the Palestinian government has taken special measures to encourage industrialization and exports, and the environment of the Palestinian business is improving. In order to improve the sustainability of textile industry development and clear the direction of growth, the Ba textile industry association is formulating the long-term development strategy of the textile industry, and plans to invest 7 billion US dollars in the next 5 years to promote textile and clothing exports to increase by 100% to US $26 billion.

    The US cotton production report released by the US Department of agriculture in October 28th showed that as of October 27, 2019, the US cotton boll opening rate was 95%, an increase of 4 percentage points over the same period last year, an increase of 2 percentage points over the same period in the past 5 years. The US cotton harvest rate was 46%, an increase of 3 percentage points over the same period last year, an increase of 3 percentage points over the same period in the past 5 years. The growth of cotton in the United States reached 40%, a decrease of 1 percentage points from the previous week, an increase of 5 percentage points over the same period last year. Except for some states, cotton harvest has been more than half of the main producing areas.

    Finland recycling company LSJH, the University of Applied Sciences, and Spectrum engine, a material sensor equipment manufacturer, recently launched a project to automatically classify waste textiles using infrared sensing technology. LSJH is currently commissioning a processing plant to promote the application of this waste textile recovery technology. The goal of LSJH is to establish a facility that can use new infrared sensors to process all the waste textiles and foreign textile wastes in Finland. So far, waste textiles in Finland and other parts of Europe are manually classified. This means that environmental workers check fabric labels to identify different kinds of materials. However, labels may be inaccurate and sometimes even lost. For industries that use recycled fiber to produce new products, it is impossible to determine the raw materials used to become a thorny problem. LSJH said in a statement that the optical recognition technology being developed will improve the reliability of fiber recognition, and will help ensure the production of higher quality recycled textiles.

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