Polyester Staple Limited Production Price, Viscose Staple Fiber Ups And Downs, Yarn Enterprises Shipped Slowly, When Will Not Lower The Price Of The Downstream?

Market brief

Zheng cotton concussion rose, empty shorting obviously, the purchase and storage is about to start, short-term Zheng cotton still maintain range shock. Market confidence has been restored, spot cotton prices tend to be stable, the quality of cotton in North Xinjiang is still stable, the price is stable and strong, and the price of the cotton mill is mainly in the recent run. Some of the ginning plants intend to participate in the sale of national cotton stores. In the past year, Xinjiang cotton had a higher price performance ratio, and continued to put pressure on new cotton, coupled with the weakening of terminal demand, low stocking enthusiasm for downstream production, difficulty in upgrading new cotton, and no strong support for cotton prices.

The price of acrylonitrile market is disorderly. At the end of the month, merchants have limited spot stock, and mainly execute pre orders. Fast forward and fast out, although the mainstream factory settlement price to 10300 yuan / ton, but the market is in short supply, and the mentality of holding businesses is high. The market has heard highly of the offer. But the spot trading is scarce. Next month, the Anqing Petrochemical repair device is about to restart. The supply of acrylonitrile in the medium and long term is still expected to increase. The market will see that the air is not decreasing, and the price of acrylonitrile will remain weak. Acrylic fiber prices remained stable, the price of raw materials acrylonitrile plant prices fell narrowly, acrylic fiber cost support weakened, terminal demand generally, downstream cotton mill trader optimistic mentality is limited, the raw acrylic fiber price bearish mentality continued, but now the factory offer mentality is stable, the short line acrylic fiber price is expected to remain stable.

On the morning of November 26th, Liu He, a member of the Political Bureau of the CPC Central Committee and vice premier of the State Council and the leader of the Sino US comprehensive economic dialogue, spoke with the US trade representative, Mr. lettse, and finance minister Mnuchin. The two sides discussed the core concerns of each other and reached consensus on solving the relevant problems. They agreed to maintain communication on the remaining matters in the first stage of the agreement. Minister of Commerce, Zijin Mountain, President of the people's Bank of China Yi Gang, Ning Jizhe, deputy director of the national development and Reform Commission, attended the call.

The national cotton trading market issued a notice on the preparatory work for the central cotton reserve business to enter the bidding transaction (2019 [turn round] No. first). Since December 2, 2019, the China Grain Reserve Management Group Co., Ltd. has implemented the central reserve cotton through the national cotton trading market. In order to make the enterprises ready for transaction preparation, the relevant matters are hereby announced as follows: the seller who participates in this reserve cotton rotation transaction shall be a cotton involved enterprise registered by the national market supervision department and a dealer in the trading market. If an enterprise has not yet become a trading market dealer, please go through the formalities of entry into the market according to the relevant provisions of the trading market and open trading rights for the trading market. The seller who participates in this reserve cotton rotation transaction shall deposit a deposit of not less than 200 thousand yuan before the transaction in the designated account of the trading market. The trading margin of pre dealer dealers in the trading market is managed by special accounts. In order to familiarise the seller with the operation of the reserve cotton wheel, the trading market will open the 16:00-17:00 cotton trading system in November 27th to simulate the transaction for the seller.

According to the data released by China's cotton notarization inspection network, as at 24 o'clock in November 25, 2019, 900 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 11650186 packages and 2 million 631 thousand and 66 tons. Among them: Xinjiang: 783 processing enterprises, notarization inspection of 11386572 packages, 2 million 571 thousand and 831 tons. Mainland: 117 processing enterprises, notarization inspection of 263614 packages, 59 thousand and 235 tons.

In November 20th, the delegation of Fujian arrived in Madrid and began a visit to Spain. Chen Jianlong, President and President of Hang Shen Holdings Group, went to Spain with the group to carry out economic and trade exchanges with western enterprises, and reached global strategic cooperation with saesa chemical company, a wholly owned subsidiary of Spanish Petroleum Group. This Heng Shen holding group and Xi SAR chemical industry jointly decided to establish global strategic cooperation. In the future, the chemical industry will supply phenol materials to the Heng Shen global plant (including China and European factories). At the same time, we will start the discussion on the technology and project cooperation between the two sides to build 400 thousand tons of renewable phenol supply in Fuzhou, Fujian. We will use the new technology of both sides to support the development of Fujian's "green economy" and implement the national sustainable development strategy. Founded in 1929, Spain's largest oil company, Spain Petroleum Group, is the second largest phenol manufacturer in the world. The total capacity of phenol is 850 thousand tons. It has the most advanced and environmentally-friendly production technology. It can provide sufficient and high quality raw materials for the hang Shen Holdings Group in China and Europe.

In November 25th, the consumer goods division of the Ministry of industry and Commerce held a symposium on key textile and garment industry clusters in Beijing. Responsible comrades of the China Textile Industry Federation, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, Ningbo city hall and bureau, and the 13 key clusters, the Bureau of industry and Information Bureau, and the key cluster operation management organizations, attended the meeting. At present, there are 216 textile and garment industrial clusters in China. The number of Enterprises above Designated Size, main business income and profits account for 41%, 43% and 45% of the textile enterprises above Designated Size respectively. Jiangsu Wujiang, Jiangyin, Changshu, Zhejiang Xiaoshan, Keqiao, Tongxiang, Fujian Jinjiang, Jinjiang, and other key textile and garment industry cluster annual revenue of over 100 billion. The forum discussed and discussed the evaluation system of regional development potential of textile industry, evaluated and tested the development potential of industrial clusters through the evaluation system, and put forward solutions to the high quality development of industrial clusters, helping industrial clusters find gaps in time and make up short boards.

The nineteenth Shanghai international textile industry exhibition opened in November 25th at Shanghai New International Expo Center (Pudong). The total area of the exhibition is over 100 thousand square meters, with a total of 9 exhibition pavilions, with more than 1200 exhibitors exhibitors. On the first day, buyers and spectators from all over the world gathered together to participate in the textile feast of technology and application. The 4 day exhibition is expected to attract more than 60 thousand professional buyers from 70 countries and regions around the world. The theme of this year's exhibition is "Zhihui textile leads to a better life", bringing together the top scientific and technological achievements of the global textile industry. In addition, the exhibition also introduced cross-border hot spots in the textile industry, such as artificial intelligence, cloud computing, industrial Internet, remote operation and maintenance. The three party docking of textile intelligent manufacturing solution providers, colleges and frontiers and traditional textile enterprises will be carried out to promote the textile industry intelligent manufacturing standard setting and project landing, and build a platform for industrial technology exchange.

A few days ago, the reporter learned from Lushan county that Lushan County, in order to expand the influence of the textile industry in the textile industry of Sichuan, with the opportunity of the two phase of the commissioning ceremony of Hunan Province, will attract more businessmen to invest in Lushan county. In November 28th, Lushan County textile industry development seminar will be held. The textile industry in Lushan started in 2006. Today, there are 25 textile enterprises in the county (17 of which are put into production and 8 are under construction). It is estimated that the output value of textile industry will reach 3 billion yuan this year, and it will exceed 10 billion yuan by 2022. After more than 10 years of development, the Lushan textile industry has a high degree of agglomeration of the special industries such as covered yarns, and the scale of industrial development has certain influence in the whole province and even in the southwest region.

From the weekly report of the US cotton export, China signed 15 thousand and 400 bales of 2019/20 cotton in the week ending November 14th, and cancelled 39 thousand and 600 packages and transferred to 2020/21 for shipment. Up to now, China has 1 million 594 thousand and 400 packages of cotton and no shipment, of which 100-120 packages may be transferred to 2020/21 due to the high price of pre contract and the unresolved Sino US trade negotiations. In the week ending November 14th, the United States signed 227 thousand and 600 packs, Vietnam signed 95 thousand and 600 packs, Pakistan 40 thousand and 100 packs, Bangladesh 31 thousand and 200 packs, and Turkey 28 thousand and 200 packs. Due to the slow progress of US cotton shipments, China began to cancel the previous US cotton contract, and last year a large number of contracts were transferred to this year. The consumption of Korea, Taiwan, Thailand and other traditional buyers has also been reduced. Therefore, it is not easy for us cotton exports to achieve the USDA forecast. In 8-10 months, South Korea imported nearly 22250 bags of cotton, down by half compared to the same period last year.