The Market Is Waiting For More Details Of The Sino US Trade Agreement. Is The Polyester Staple Going Up To The End? Can It Continue To Rise?

Market brief

In December 17th, China Cotton Reserve Management Co., Ltd. planned to purchase 7000 tons of Xinjiang cotton, with a turnover of 520 tons, with a turnover rate of 7.43%. The average price was 13397 yuan / ton, down 18 yuan / ton on the 16 day, and the highest price was 13415 yuan / ton, which was 10 yuan / ton lower than that on the 16 day, and the lowest price was 13375 yuan / ton, up by 16 yuan / ton compared with the 16 day. Among them, 200 tons of Xinjiang warehouse were built, and 320 tons for the inland bank.

By the progress of trade agreements, Zheng cotton continued to shake up, with a small increase in positions, and the short term continued to challenge the pressure level upward. The spot lint market is not good enough, the supply of new cotton is rather large, and the downstream demand is dull. The cotton market shows the seller's reluctant sale and the buyer's wait-and-see situation, and the cotton business's enthusiasm for storage is not enough. The cotton turnover rate has dropped to below 10% once again. The market has a strong wait-and-see sentiment, and the cotton pulp digestion process is slow. At present, the acquisition of traders is the main support for the new cotton trade, but the market demand has not changed. In terms of ports, traders recently had insufficient customs clearance, and Cotton Traders continued to digest pre clearance inventory. The demand for textile enterprises has gradually weakened, and the lint market lacks solid support. Cotton prices are above pressure, and short-term prices are mainly stable.

Acrylonitrile price shocks sideways, downstream factories just need to pick up the goods, acrylonitrile supply side has no other information guidelines, market transactions are arranged orderly, the middleman waits for the guidance of factory monthly message guidance, while factory supplies are limited and manufacturer's offer is maintained. Short term acrylonitrile prices are expected to remain sideways. Acrylic fiber prices remain stable, terminal factory orders are generally expected, manufacturers cautious attitude towards raw material procurement, acrylic fiber market is difficult to find good, but the recent cost of acrylic fiber support is still strong, manufacturers offer a stable mentality, short term acrylic fiber prices are expected to remain stable.

The announcement of the National Bureau of statistics on cotton output in 2019: Based on a statistical survey of 31 provinces (autonomous regions and municipalities) in the whole country (Xinjiang cotton planting area was obtained through remote sensing measurement), in 2019, the national cotton planting area, unit area production and total output were as follows: 1. The cotton planting area in the whole country was 3 million 339 thousand and 200 hectares (50 million 88 thousand mu), which was 15 thousand and 200 hectares (228 thousand mu) lower than that in 2018, and decreased by 0.5%. Two, the output of cotton per unit area in China is 1763.7 kg / ha (117.6 kg / mu), a decrease of 55.6 kg / ha (3.7 kg / mu) and a decrease of 3.1% compared with 2018. Three, the total output of cotton in China is 5 million 889 thousand tons, a decrease of 213 thousand tons compared with that in 2018 and a decrease of 3.5%.

China's cotton turnover inventory report in November 2019: at the end of November, the total stock of cotton turnover in China was about 3 million 701 thousand and 500 tons, an increase of 1 million 231 thousand and 600 tons from last month, up from 170 thousand and 300 tons in the same period last year. 1. The turnover of commodity cotton turnover in the mainland is decreasing. As of the end of November, the turnover of commodity cotton in the mainland was 456 thousand and 300 tons, 67 thousand and 100 tons lower than the Central Plains, including 378 thousand and 400 tons of Xinjiang cotton, 19 thousand tons of imported cotton and 58 thousand and 900 tons of real estate cotton. According to the provincial level, Jiangsu province ranks first in inventory, 131 thousand and 700 tons, 131 thousand and 200 tons in Jiangsu Province, third tons in Henan, 97 thousand and 800 tons in Hebei, 36 thousand and 500 tons in Hebei, 30 thousand and 100 tons in Hubei, and less than 10000 tons in other provinces. From the perspective of inventory changes, provinces have declined to varying degrees. Among them, the largest drop was in Shandong Province, a decrease of 28 thousand and 900 tons from the previous month, followed by Henan, a reduction of 14 thousand and 900 tons, a decrease of 12 thousand and 500 tons in Jiangsu, a decrease of 4 thousand and 700 tons in Hubei, a reduction of 2 thousand and 300 tons in Anhui, and a decrease of 2 thousand tons in other provinces. Two, Xinjiang cotton stocks increased. As of the end of November, the turnover of 43 cotton warehouse cotton turnover in Xinjiang was 3 million 245 thousand and 200 tons, an increase of 1 million 298 thousand and 700 tons, up from 277 thousand and 200 tons in the same period last year. Three, professional warehousing Xinjiang cotton transportation. In November, the volume of Xinjiang's professional warehousing of the cotton industry reached 397 thousand and 500 tons, an increase of 139 thousand and 400 tons, up from 110 thousand and 700 tons in the same period last year. From January 2019 to November 2019, the 3 million 223 thousand and 400 tons of highways and railways were transported, and increased by 399 thousand and 800 tons compared with the same period last year.

In December 11th, China Health Association CAS115-2005 "health care functional textiles" revised expert seminar on magnetic function standards held in Anji, Zhejiang and health industry park. Experts at the conference held a heated discussion on the criteria, test methods and other aspects of the standard, and discussed the contents of the draft standard in depth, and formed a discussion. Professor of biology and textile materials research institute of Tianjin University of Technology and Professor Qilu Qilu, as leader, revised the magnetic function standard of CAS115-2005 standard, defined the definition of static magnetism, and increased the marking of magnetic material safety.

December 14th -15, 2019, Shandong province computer, textile and clothing vocational education steering committee annual meeting was held in Weifang. More than 140 people from 65 middle and higher vocational colleges, undergraduate colleges and more than 30 industries and enterprises in the province have gathered together to discuss the construction, development and personnel training of computer, textile and garment specialty, providing technical and technical personnel support for the transformation of new and old kinetic energy in the province. During the meeting, the Ministry of education's school planning and construction and development center, Zhang Zhensun, Hunan Institute of science and research fellow Ouyang He and other related industry experts made the report on curriculum construction, three religions reform, integration of production and education, and teaching achievement award. At the same time, it launched the first Shandong provincial computer, textile and clothing special committee award of teaching achievement award, and commended the advanced individuals and advanced units of Shandong Province, such as advanced individuals in computer, textile and garment vocational education, excellent individuals in school enterprise cooperation, excellent enterprises in school and enterprise cooperation.

On the afternoon of December 7th, with the theme of "consolidating and implementing the new data of textile industry", the textile industry summit was held in Zhejiang. The purpose of this summit is to better develop the new data and network platform of the modern textile industry and keep pace with the Internet big data. The summit invited jelliya brand to be the brand of jelliya brand, jelly brand, the brand leader of cotton and linen industry, the brand of Jiang Zhong you and the brand leader of textile industry. The conference introduced the current industrial data, data statistics, domestic and foreign data comparative analysis, development prospects and many other problems. The meeting pointed out that we should strive to develop the consolidation and implementation of the modern textile industry and keep pace with the new era of big data network platform. The meeting stressed that according to the current situation of textile industry, we should steadily develop, remove the chaff, connect the network, and push the textile industry to the new data.

Recently, the Zhejiang weaving network Polytron Technologies Inc led the representatives of "Shanghai MITSUBISHI", "Mark Ed Faye", "Shandong Di Shang", "Taiping bird" and other brand representatives, as well as representatives of Keqiao and Shandong's "Taitai textile", "Bao Yuan textile", Shaoxing "Yi Xuan textile", "Shun Zan knitting", Jiangsu "Xing embroidery lace embroidery", Beijing "De Wei Xin" and Hebei "Hua Xun garments" and other suppliers representatives. They entered the Japanese Tokyo MITSUBISHI Commercial Co., Ltd. for precise docking, and we gathered together to exchange with each other and learn from each other. It is understood that MITSUBISHI Commercial Co., Ltd. is the first time to open the procurement and supply team from China, and organize more than 10 Japanese fabric suppliers to plan the 2020 autumn winter planning conference.

Turkmenistan business network reported on December 14th, at the Turkmenistan cabinet meeting held in December 13th, Vice Premier Grey Zhov of Turkmenistan reported on the work plan for the new version of the export trading process for the oil and gas industry, agricultural complex, industry and information communication complex. President Berdymukhamedov of Turkmenistan approved the implementation of the plan and signed relevant resolutions on the implementation of the new version of commodity trading procedures, indicating that the Turkmenistan national commodity stock exchange as the state import and export trade department should focus on promoting the modernization of the transaction mode. The new trading procedure aims at promoting diversification of sales market and normalization of transaction rules, and creating conditions to promote the implementation of electronic auctions, optimizing transaction process supervision, setting up favorable commodity prices and expanding export scale.

According to a European Union News Agency quoted by the European network, according to a list released recently by the office of the United States trade representative, the United States is considering a tariff of up to 100% on European products previously excluded by the Trump administration. The office of the United States trade representative seems to be seeking advice on whether to raise the tax rate of these commodities to 100% and add some of the commodities excluded from the final list of the White House in October. The newly added products are taxed at a rate of up to 100%. Earlier this year, the US Trade Representative Office released a list of European commodities worth more than $10 billion, hoping to express its dissatisfaction with the EU's "illegal" subsidy to Airbus. In October, Washington took further action to impose a 10% tariff on large European civil aircraft and impose a 25% tariff on European agricultural products. It is reported that the public opinion on the new tariff of the office of the United States trade representative is due to be held in January 13, 2020.

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