The Agreement Between China And The United States Has Not Yet Been Signed. Polyester Staple Takes The Lead In Rising And Sticking Short. Will Yarns Follow Up?

Market brief

In December 13th, the number of New Zealand's cotton entering the market was 7000 tons, and the actual turnover was 440 tons, with a turnover rate of 6.29%. Trading volume was 3 on that day, and the highest bid price was 13316 yuan / ton in the week. The average price was 24 yuan / ton higher than the previous day. Among them, 120 tons of Xinjiang warehouse were built, and 320 tons for the inland bank. On December 2nd -13, Xinjiang cotton entered a cumulative turnover of 32880 tons, of which Xinjiang warehouse totaled 2560 tons, and the mainland warehouse accumulated 30320 tons.

China and the United States have reached agreement on the first stage economic and trade agreement between China and the United States. The United States has promised to cancel some tariffs that are imposed on China and impose tariffs, and will increase the tariff exemption for China's exports to the United States. The Chinese side will not impose tariffs of 10% or 5% on imports of goods originating in the United States originally planned for 12 hours and 01 minutes in December 15th, and will continue to impose tariffs on cars and parts originating in the United States. However, the agreement has not yet been signed, and is still in the stage of legal review and translation check. The time, place and form of the signing are still being discussed, and the final conclusion can be reached.

Thanks to China and the United States, although Zheng cotton has increased concussion, it is not as good as the US cotton market. The market reaction is flat. The situation of the warehouse receipt pressure and the spot market is weak. Xinjiang cotton spot purchase and sale atmosphere is not prosperous, downstream demand increases slowly, enquiry oriented procurement scale is limited, especially in Zhengzhou cotton continues to rise, point price resources cost performance advantage has dropped significantly, transaction activity declined. In terms of real estate cotton, the number of enquiries has increased, turnover has improved slightly and local quotations have been slightly raised. Generally speaking, although there has been no marked improvement in the goods, however, with the easing of trade friction between China and the United States and the rise of Zheng cotton, the cotton companies' confidence in the post market has been strengthened, and the polarity of the New Zealand cotton has greatly declined, and the turnover rate has been declining continuously, and has fallen to the freezing point. As the Spring Festival is drawing near, the downstream yarn enterprises are still giving priority to the sale of profits, and the procurement of raw cotton is more cautious. The cotton market lacks the demand for good and good results. The cotton price is difficult to rise substantially and the implementation of the tariff is concerned.

The price of acrylonitrile is kept at a constant level, the prices of mainstream factories are rising, and the price of middlemen is supporting. The current demand for goods is mainly in the lower reaches of the market, and the market focus is limited. There are no other guidelines in the recent news, and the middlemen are concerned about the guidance of new factory information. At present, traders have certain expectations for factory settlement, the offer is relatively concentrated, and the short-term basic level changes are limited, and the price of acrylonitrile will be sideways. Acrylic fiber prices remain stable, downstream users wait for raw materials, acrylonitrile trend, the recent mentality of goods slightly cautious entanglement, pre harvest time is difficult to grasp the time, and acrylonitrile factory cost pressures increased, trader enthusiasm is not high, short term offer mentality temporarily stable, it is expected that short-term acrylic price will continue to stabilize.

Miao Wei, Minister of industry and information technology, recently said that traditional industries account for 80% of the industrial added value above scale, and are still the main body of the industrial economy. Upgrading and upgrading traditional industries is related to promoting the overall development of the high quality manufacturing industry. At the same time, he also said that traditional industries such as textiles, clothing, household appliances and so on are related to the national economy and people's livelihood, and also an important industry for stable employment and stable foreign trade. Miao Wei said that, especially in the current situation of major changes in our foreign ministry environment, risks and challenges, it is very important to speed up the upgrading and upgrading of traditional industries and maintain stable and healthy development of traditional industries.

In December 10th, the 2019 China textile industry research and development exhibition summit and the China knitting industry rapid reaction base awarding ceremony were held in Foshan, Guangdong. The integration of production and education is an important way for enterprises to improve their development speed and cultivate high-end talent resources. At the same time, building a platform for industry university research and research can bring new creativity to enterprises and hatch the scientific research results in Colleges and universities, thus greatly enhancing the market competitiveness of enterprises. Nowadays, both local governments and textile enterprises are investing in the practice of scientific and technological innovation with greater enthusiasm and strength, relying on technological progress to solve problems and satisfy consumption. Therefore, the core purpose of this summit is to promote the integration and integration of capital elements, such as talent, technology, capital and management, and build new engines of high quality in education and industrial system.

The first International Conference on fashion and sustainable development sponsored by Wuhan Textile University was held in Wuhan from 14 to 16. Experts from the United States, Britain, Australia, Romania, Portugal, Bangladesh, India and other countries and regions, representatives of relevant scholars, business representatives and teachers and students from the domestic fashion industry participated in the forum for more than 200 people. With the theme of "integration and symbiosis", the forum focuses on the forefront of international fashion industry, and communicates and communicates with the relationship between sustainable development and industry, design, culture and technology. It hopes to further promote the sustainable development of fashion industry through further integration of resources. During the forum, dozens of units such as Shanghai University of Engineering Science, Beijing Institute Of Fashion Technology, Manchester City University, Wuhan Hanzheng Street Management Committee and Wuhan Textile University jointly launched the "fashion sustainable production and Education Alliance", aiming to provide platform support for talents training and sustainable development of enterprises through the integration of University and enterprise resources.

In December 12th, Pingshan County of Sichuan signed a contract with Jinyuan Textile Co., Ltd., Changle City, Fujian province. The company's 300 thousand high-end spinning project was settled in Pingshan. It is reported that the textile project is located at Wang Chang Industrial Park, Pingshan County, with a total investment of 1 billion yuan, with a total land area of about 200 mu. According to the agreement, the project is divided into two phases, and blocks are allocated for land supply. The scale of the first and two projects is 150 thousand yuan, the investment is 500 million yuan, and the fixed assets investment per mu is not less than 1 million 200 thousand yuan. After the project is completed and put into operation, the spinning capacity of 300 thousand spindles will be formed. The first phase of the project will achieve an annual output value of more than 300 million yuan, an annual tax of more than 9 million yuan, and more than 500 new jobs. The two phase will achieve an output value of more than 300 million yuan, an annual tax revenue of more than 10 million 800 thousand yuan, and more than 300 new jobs. On the same day, Pingshan County also signed an investment cooperation agreement with Yibin yarder Textile Co., Ltd. on the 400 thousand spindle intelligent differential high-end spinning project (phase two). The project is located at Shek Industrial Park, with a total land area of about 100 mu, with a total investment of 1 billion 60 million yuan. It is scheduled to be completed in December 2023. After the project is completed and put into operation, the annual output value will reach 800 million yuan and more than 700 new jobs will be added.

In the morning of December 13th, the South China textile industrial base, the environmental protection facilities Park sewage treatment plant and the cogeneration plant started laying the foundation, marking the key step in the construction of the textile base in southern Hunan. The eight treasures Changning attracted the attention of the world, and the "100 billion" textile industry "aircraft carrier" again injected new kinetic energy. The textile industrial base in southern Hunan is a vivid practice of Changning undertaking industrial transfer. Now it is one of the 100 key industrial projects in Hunan province. It is one of eight hundred billion industrial clusters promoted by Hengyang, and is also a strategic project for Changning to undertake industrial transfer and promote strong industry. The annual output of clothing is 1 billion 500 million pieces, the annual output value is 100 billion yuan, and the annual export volume is 30 billion yuan. One of the data refreshes people's perception of the textile industrial base in southern Hunan. The southern Hunan textile industry base project is made up of clothing production Park and environmental protection facilities park. Recently, the cowboy town is built on the whole industrial chain of cowboy dress, and is extended to home textiles, cotton and hemp, textile and so on. It is planned to build a textile manufacturing and export base integrating research and development, design, theme culture, production, display, network platform, sales, export, logistics and so on, with global influence and international competitiveness.

According to the spirit of "Zhejiang Province Industrial Innovation Service complex action plan" and "Zhejiang Province Industrial Innovation Service complex construction guidelines", according to the "Zhejiang provincial science and technology leading group office on organizing the 2019 annual Zhejiang industrial innovation service complex declaration work" request, recommended in the city declaration, Zhejiang Province recently announced the third batch of Zhejiang Province Industrial Innovation Service complex establishment and cultivation list, to Zhejiang Zhejiang Lanxi textile and textile industry innovation service complex 47 industrial innovation service complex included in the provincial construction list, Zhejiang Zhejiang Ningbo fashion clothing and apparel industry innovation service complex 8 Industrial Innovation Service complex included in the provincial breeding list. In recent years, the textile industry in Lanxi has accelerated the pace of innovation and development. Through 3 years, the city plans to create an innovative service complex integrating the creative design, research and development, inspection and testing, standard information, achievement promotion, exchange and cooperation and other public service functions to provide a full chain service for the innovation and development of the vast textile enterprises.

In December 12th, the head of the foreign trade division of the Ministry of Commerce discussed the situation of China's foreign trade in 2019 1-11. In 1-11 months, China's total import and export volume was 28 trillion and 500 billion yuan, an increase of 2.4%. Among them, exports amounted to 15 trillion and 550 billion yuan, an increase of 4.5%, and imports of 12 trillion and 950 billion yuan, basically unchanged from the same period last year; the trade surplus was 2 trillion and 600 billion yuan, expanding by 34.9%. From the monthly scale, the total import and export volume in November was 2 trillion and 860 billion yuan, the highest level in a single month this year. From an international comparison, according to the latest WTO data, in the first three quarters, our export growth rate was higher than the average growth rate of the world's major economies. The layout of the international market is more reasonable and balanced, with an increase of 5.3% in the import and export of emerging markets, representing a 1.7 percentage point increase to 59.5% over the same period last year. Among them, the growth of imports and exports by the countries along the "belt and road" has increased by 9.9%, representing an increase of 2 percentage points to 29.3%. Imports and exports of ASEAN, Latin America and Africa increased by 12.7%, 6.8% and 5.7% respectively. The domestic regional distribution is more balanced, and the exports in the central and western regions increased by 13.3%, representing a 1.4 percentage point increase to 18.3% over the same period last year. Commodity structure has been continuously optimized, and the export of mechanical and electrical products has increased by 4%, accounting for 58.4%. The grade and added value of seven categories of labor-intensive products such as clothing, textiles, furniture, shoes, plastics, toys, bags and so on increased. The export grew by 5.7% and the export increased by 1.1 percentage points. The vitality of the main body of the private enterprises has been increasing continuously, and the export has increased by 12.4%, which has increased 3.6 percentage points to 51.4%. General trade is full of resilience, export growth is 7.8%, accounting for 1.8 percentage points to 58%.

According to the data released by the American Institute of supply management in December 2nd, the US Manufacturing Purchasing Managers Index (PMI) decreased by 0.2 to 48.1 in November, shrinking for four consecutive months. Data show that in November, the US manufacturing new orders index fell 1.9 to 47.2, the stock index fell 3.4 to 45.5, the employment index fell 1.1 to 46.6, and the new export orders index fell 2.5 to 47.9. Manufacturing accounts for about 11% of the US economy. Manufacturing continued to shrink, exacerbating concerns about the US's fourth quarter economic growth or a sharp slowdown. Data show that in the third quarter, the US economy increased by 2.1% year-on-year, and the growth rate dropped significantly compared with the first quarter. Analysts believe that the US manufacturing sector has been in a moderate recession and is unlikely to recover in the short term. Ian Shepherdyson, chief economist of the macroeconomic research firm at Pantheon, said that in the next few months, the weakness of manufacturing will drag on employment growth and capital expenditure. Therefore, "the possibility of further easing the monetary policy of the Federal Reserve next January will not be ruled out".