High Inventory, Low Shipment, Yarn Business Busy Sales And Money Back; Sticky Short Continued Weak, Will Fall A New Low?

Market brief

Zheng cotton shock consolidation, bulls reduced significantly, the off-season is coming, downstream demand weakened, zhengmian will continue to shock finishing market. Spot cotton quotes continue to be stable, market wakeup sentiment is heating up, lint buying and selling are not warm, the seed cotton market in North Xinjiang is basically over, the seed cotton sale volume is stable in recent years, and the price of seed cotton is slowing down. With the weakening of Xinjiang cotton, some areas began to fall slightly. The cotton harvest in Northern Xinjiang has ended, and the harvest of machine harvested cotton in southern Xinjiang has also been completed by more than 80%. The harvest peak period of Xinjiang cotton seed will slowly retreat, because the price of seed cotton scale is much lower than that of last year, and the cost of cotton growers will not decrease. Therefore, the Cotton Subsidy in Xinjiang will have an important impact on cotton farmers' income this year. Zheng cotton continued to fall, the purchase of cotton textile enterprises in the lower reaches decreased, and the sale and sale of lint were weak. Cotton prices continued to rise without effective support, and short-term cotton prices tended to be stable. In the medium term, cotton prices still had pressure to cut prices.

Acrylonitrile prices remain weak, the spot retail mainstream quotation is 10500 yuan / ton and below the location, the market has heard of low price offer, the market turnover atmosphere is generally low, the downstream factories are not enthusiastic about taking the goods, wait and see the guidance of the new factory news, the basic changes are limited in the near future, the operators are cautious in their trading positions, and the short term expectation is that the price of acrylonitrile will remain weak and pay attention to the trend of manufacturers. Acrylic fiber prices remain stable, upstream raw material prices weaken, acrylic fiber cost support is insufficient, the market looks at the air atmosphere, the terminal orders are less, and the downstream users reduce the purchase volume. At present, the acrylic fiber manufacturers continue to limit production and stabilize prices, and production and marketing basically maintain a balance.

According to the data released by China's cotton notarization inspection network, as at 24 o'clock in November 10, 2019, 829 cotton processing enterprises in the whole year of 2019 cotton processed cotton according to the requirements of the cotton quality inspection system reform plan, and carried out notarization inspection. The inspection volume reached 7539294 packages and 1 million 703 thousand and 100 tons. Among them: Xinjiang: 754 processing enterprises, notarization inspection of 7403732 packages, 1 million 672 thousand and 611 tons. Mainland: 75 processing enterprises, notarization inspection of 135562 packages, 30 thousand and 489 tons.

The nineteenth Shanghai international textile industry exhibition will be held in Shanghai New International Expo Center on 25-28 November 2019. The exhibition will set up 9 pavilions, with a scale of 100000 square meters, and more than 1200 enterprises in nearly 20 countries and regions. More than 65000 professional buyers will be there. The exhibition will be held on 25-26 November to hold the "second Shanghai international textile intelligent manufacturing Summit Forum" and set up the "textile intelligent manufacturing area". It will further explore the technical ideas and difficulties of the intelligent upgrading of the textile industry.

Carbon fiber is an indispensable strategic new material for national economy and national defense construction. It is one of the most important reinforcements of advanced composite materials. It has high technology content, wide radiation and strong power, and is widely used in aerospace, energy equipment, transportation, construction engineering, physical education, leisure and other fields. To enhance industry exchange, promote the development of carbon fiber braiding / molding processing technology, enhance the performance of carbon fiber products, meet the needs of national defense construction and various fields of national economy, and further promote the scientific and technological progress in the textile industry, sponsored by the textile optical technology education foundation, the Ministry of science and technology development of the China Textile Industry Federation and the textile industry science and technology development center, the "textile light" carbon fiber braiding / shaping processing technology and applied scientific and technological achievements promotion activities jointly organized by the National Engineering Laboratory for carbon fiber preparation, the Shandong provincial carbon fiber technology innovation center and the school of materials science and engineering of Qiingdao University will be held in Weihai, Shandong province in from November 25th to 26th.

On November 7th ~8, jointly organized by the China Chemical Fiber Industry Association and the green development alliance of the regenerated cellulose fiber industry, the "CV Sustainable Textile creative design competition" hosted by Beijing Institute Of Fashion Technology, ended the first campus publicity conference held by Beijing Institute Of Fashion Technology, arrived in Wuhan, and held two campus publicity sessions at Wuhan Textile University and Hubei Institute of Fine Arts. According to the introduction, "CV Sustainable Textile Design Competition" takes the theme of "future" as the theme, and takes the concept of ecology, green, environmental protection and sustainable development as the concept, and collects works from teachers and students, designers, studios and design enthusiasts at home and abroad. The entries are physical rather than draft. The work can be any kind of clothing, clothing, shoes and caps, home textiles, creative products, installation art. It can be a single piece or a series of works. Although the entries are not limited to materials, the works of recycled cellulose fiber fabrics and materials will be preferred. The process of the competition includes the collection, evaluation, publicity and awarding. Among them, the date of entries for entries is October 15, 2019 ~12 26, and the evaluation date for entries is in early January 2020.

In November 9th, "textile light" textile composite materials preparation technology and application of scientific and technological achievements promotion activities were held in Haining, Zhejiang. The textile and optical technology achievements promotion activities focus on textile composites, and exchange and share new materials, new processes and new applications in textile composite materials in recent years, so as to speed up the technological progress and application innovation of the textile composite industry, and promote the high quality development of the industrial textiles industry. The funds of the textile optical technology education foundation are mainly used in the textile industry's science and technology awards, personnel training awards, funding for the promotion and transformation of scientific and technological achievements, basic research projects, industry skills competition and charitable donation activities. By the end of 2018, the foundation has supported the recognition and award of 1386 Textile Science and technology awards, 101 innovative contributions of knitted underwear, 3851 outstanding teachers and students, 1228 outstanding teaching achievement awards, 205 technical experts in the national textile industry, 55 basic applied research projects, and 201 scientific and technological achievements promotion projects. The end of this year, expenditures for public welfare activities will exceed 90 million yuan.

The Zhengzhou Mercantile Exchange issued a notice in November 12th to solicit public opinions and suggestions on PTA, methanol and rapeseed meal option contracts, with a deadline of November 18, 2019. Futures contracts facilitate investors to hedge futures risk. The minimum change price of PTA, methanol and rapeseed meal options is set at 0.5 yuan / ton, which is consistent with the sugar option and is convenient for investors to grasp. The last trading day of PTA, methanol and rapeseed meal options (maturity date) is the third trading day of the first month before the delivery date of the target futures contract, which is consistent with the listed sugar and cotton options, so as to meet the needs of the industrial customers' hedging period and avoid the risk of delivery month operation. Referring to the international commodity option market practices and the market experience of the sugar and cotton options, the option of PTA, methanol and rapeseed meal options is set to be American, and the option buyers can exercise their rights on the expiry date and the previous trading day. According to the draft of this announcement, PTA, methanol and rapeseed meal options trading units are 1 hand PTA, methanol and rapeseed meal.

Yida group ten, as the dialogue was held in Guilin in November 8th, since 2014, the Yida group has held "ten dialogues" (formerly called "ten forums") in Guilin, which aims to provide a brainstorming platform for how to achieve economic development in harmony with the environment and society. Every year, experts and leaders from various fields gather to discuss thoroughly the sustainable development. We also hope that the "natural world" will bring inspiration to the discussion on the topic of "how to achieve harmonious development of economy, environment and human culture". Ten, as discussed in this year's dialogue, is: "the goal of sustainable development of the United Nations 8 (decent work and economic growth Decent Work and Economic Growth): promote sustainable, inclusive and sustainable economic growth, provide adequate and high-quality employment opportunities and decent working environment for all," and "12 goals of sustainable development of the United Nations (responsible consumption and production Responsible Consumption and Production) - to ensure sustainable consumption and production mode".

　　巴基斯坦《論壇快報》11月10日報道：為提高巴紡織產業國際競爭力和領導力，費薩拉巴德工商會(FCCI)副主席Zafar提議2019-24年度巴紡織業政策應側重促進高附加值產品出口，并做好以下幾方面工作：一是繼續提高巴營商便利性，降低營商成本；二是提高政府服務能力，提供企業注冊、社會保障辦理、稅收繳納等一站式服務平臺；三是開展研發活動，使用補貼信貸機制，鼓勵紡織品出口商生產高附加值產品；四是深入挖掘中小紡織企業潛力；五是組織開展紡織研究論壇，鼓勵種植轉基因棉花品種生產有機棉，在巴建立生產中心提高棉花產量；六是鼓勵國際認可的實驗室在巴成立檢測中心，拓展有害物質檢測；七是吸引外資鼓勵設立紡織機械設備合資企業；八是構建巴紡織品牌，成立紡織品出口促進中心，增強國際市場知名度等。