Rumors Of Buying And Storing Again, Zheng Cotton Rose, Yarn Turnover Improved, Rational Operation Or Usher In A Turning Point?

Market brief

As the state cotton stocks fell to a low level, the market's news about cotton's re purchase and storage has been continuous. On the 13 day, the market rumored that it had seized 500 thousand tons of Xinjiang cotton. (gossip) the National Grain Reserve Bureau is working with the relevant financial departments to countersign 500 thousand tons of Xinjiang cotton, which is estimated to be released this week (at the latest next week). It is estimated that it will receive 10 thousand tons a day from December 2nd. The authenticity of this message needs further verification. With this boost, Zheng cotton has gone up sharply, and short positions have been lighten up. The market is expected to strengthen the purchase and storage, the bullish mood of the market is heating up, the cotton mill is optimistic about the market outlook, the price of the lint is very high, and the mood of selling is still warming up. However, it remains to be proved that the storage and purchase information is still to be confirmed. It is suggested that the cotton mill should not gamble blindly. The best way is to choose the shipment according to its own processing cost, and the advantage of the price advantage of Chen cotton is higher, and the resistance to the new cotton sales is formed.

The price of acrylonitrile continues to be weak, and the fundamentals are limited. The mainstream retail quotation is 10500 yuan / ton and the lower position. The sporadic high and low end offer has heard that the downstream market just needs to receive the goods, the market trading atmosphere is temperate, and the acrylonitrile market is hard to change, but the market price is approaching the cost line of the factory, the trader's mentality is cautious, the factory stock level is relatively normal, and the parties are waiting for the guidance of the new factory news, so the short-term acrylonitrile price is expected to remain weak. Acrylic fiber prices remain stable, downstream cotton mill inventory is slightly overloaded, the overall start-up rate is not high, market demand is not very strong, the lower reaches of the initiative is not high, the market to see the maintenance of air atmosphere, the factory has no new information guidelines, manufacturers offer to maintain, it is expected that the short-term acrylic price will remain stable, continue to pay attention to cost changes.

The Ministry of science and technology of the Ministry of industry and Commerce recently announced the preparation plan for the water saving standardization working group of the textile industry. Deadline is December 8, 2019. Among them, the textile industry water-saving standardization working group to build plans include the working group members list and working group charter two parts. The members of the working group are composed of experts from enterprises, research institutes, institutions of higher learning, government organizations and trade associations. Each member of the working group will serve for a term of 3 years. The composition scheme of water saving standardization working group of textile industry is examined and approved by the Ministry of industry and information technology. The Charter of the working group includes 6 aspects: General principles, tasks, organization and working procedures. On the premise of following the relevant policies and guidelines of the state, we should carry out the standardization work of water-saving in the textile industry for the whole society. At the same time, we will study and put forward suggestions on the guidelines, policies and technical measures for the standardization of water-saving areas in the textile industry.

In November 9th, the China Textile Workers' Ideological and Political Work Research Association awarded the five textile people who made outstanding contributions to the ideological and cultural construction of textile enterprises during the general meeting of the Council. These five textile people are: Chen Yulan, party secretary and chairman of Qingdao yfa Group Co., Ltd., Su Ruiguang, party secretary and chairman of Hebei Ningfang Group Co., Ltd., Su Ruiguang, party secretary and chairman of the board of directors of the run Group Co., Ltd., Zhao Lin, supervisor Cao Defa of the textile workers' Ideological and Political Work Research Institute, chairman and general manager of Qingdao Xi Ying Men Group Co., and Ji Yu Jun, party secretary. These five textile people are outstanding representatives of the party's ideological and political workers in China's textile industry since the reform and opening up. For decades, they have taken the initiative and acted positively, adhering to the organic combination of inheritance and development, keeping pace with the times and forging ahead, unreservedly contributing their wisdom, strength and effort to the ideological and cultural construction of textile industry.

According to the National Bureau of statistics, in the first three quarters of this year, the operating income of the above scale wool textile enterprises showed a decline of 3.26% compared with the same period last year, which was lower than that of the textile industry 0.9%. The gross profit of the wool textile enterprises decreased by about 1 billion 200 million yuan, or 42%, the average profit rate of the industry was 1.6%, down 1.2 percentage points from the previous year, and the average profit rate of the wool textile industry was also far lower than the average profit rate of 3.85% of the textile industry. The three quarter data show that the operation pressure of the wool textile industry has further increased, and profitability has declined.

On the 12 day, the founding conference of Northeast Light Industry Textile Vocational Education Group was held in Liaoning light industry Career Academy. Under the guidance of the Liaoning provincial education department and the Liaoning provincial industrial and Information Committee, the group relies on Liaoning light industry Career Academy, joint light industry textile colleges and industrial enterprises, and currently has 83 member units. The Northeast Light Industry Textile Vocational Education Group will focus on the various vocational colleges in the group, study and explore the link between the secondary vocational education and professional, curriculum, teaching materials, and gradually establish and improve the regional Light Industry Textile Vocational Education at all levels of convergence channels. We should promote the reform of the training mode of high-quality skilled talents, and form a mechanism for gathering and optimizing the resources of all groups in the group, focusing on promoting employment, integrating the resources of industry and vocational colleges, and implementing the seamless connection between personnel training and industrial demand through order training, post practice and establishment of practice bases.

Recently, the 2019 Shaoxing Keqiao District digital economic development forum and the Keqiao digital economic federation conference was held as scheduled. In recent years, as the main line of "digital industrialization and industrial digitalization", Keqiao district has vigorously promoted the intelligent transformation and digital integration, actively established the province's industrial digital demonstration area and the digital economic multiplying area of the city, and has won the national level county economic information pilot project, the national new industrialization industrialization demonstration base, and the first batch of two deep integration national comprehensive demonstration zones in Zhejiang province. Statistics show that the "two integration" development index of the region has increased from 71.37 in 2014 to 87.71 in 2018, ranking the highest in the province in successive years. After the establishment of the Keqiao Digital Economic Federation, the enterprises, industries and platforms will be integrated to promote the industry self-discipline of the digital economic industry in the region, unite the larger number of talents in the digital economy industry, and achieve a good situation of resource sharing, mutual cooperation and win-win development among enterprises. It will contribute to the construction of the "Keqiao Hangzhou Shanghai demonstration zone" and the "ten strong areas in the country".

In order to carry forward the advanced and outstanding talents, let the whole industry get an in-depth understanding of the spirit of innovation and courage of innovation that emerged in the high quality development process of the textile industry in 2019, commending the advanced people who made outstanding achievements in China's textile industry in 2019, and continuously promoted and promoted the healthy and vigorous development of the whole industry innovation. The method of combining recommendation and recommendation of relevant organizations will be adopted, and the first trial list will be produced through the initial evaluation of the Committee and the online voting. After the on-the-spot review, review, final evaluation and publicity, the final results of the annual innovation figures will be announced in March 2020.

According to media reports in Nigeria, Godwin Emefil, President of the Central Bank of Nigeria, signed a memorandum of understanding with the Nigeria cotton textile and clothing association and other stakeholders to support the revitalization of the cotton textile industry. He disclosed that support for cotton cultivation and ginning needs at least 50 billion billion dollars ($163 million) of funds, if coupled with the textile industry and clothing industry, the entire industry chain needs more than 100 billion (326 million dollars) support. These funds can help factories buy modern technology, update modern equipment, and enable them to produce high-quality products needed by the market, thereby enhancing control over the entire cotton textile industry chain, creating employment opportunities and revitalizing the domestic economy.

In November 8th, the India Cotton Association (CAI) released its first forecast for 2019/20. According to the forecast, cotton production in India is initially estimated at 6 million 26 thousand and 500 tons, up 722 thousand and 500 tons over the same period, an increase of 13.6%. CAI said that in 2019, the cotton planting area in India was enlarged, and the seasonal wind and rain was sufficient. The yield per unit area was higher than that of the previous year. However, the recent excessive rainfall caused floods in some areas, so the output of cotton increased by 13.6%. In 2019/20, the total supply of cotton in India was 6 million 851 thousand tons. At the beginning of the year, the total inventory was 399 thousand and 500 tons, the output was 6 million 26 thousand and 500 tons, and the import volume was 425 thousand tons, a decrease of 22% over the same period last year. Domestic consumption was 5 million 355 thousand tons, an increase of 1.1% over the same period, and 714 thousand tons of exports, unchanged from the same period last year, and 1 million tons at the end of the year. In October, the new cotton market in India was 228 thousand tons.