Zheng Cotton Continued To Rise, Capital Market Or Cotton Market Rebound? If The Factory Is Short, Will The Whole Market Go Up?

Market brief

In December 30th, China Cotton Reserve Management Co., Ltd. planned to purchase 7000 tons of Xinjiang cotton and 0 tons actually. Last week (23-27 December 2019) was the 2019 week when Xinjiang cotton entered the 4th week, and China Cotton Reserve Management Co. Ltd. purchased 35 thousand tons of Xinjiang cotton in total. The actual price was 1680 tons, and the maximum price was 13522 yuan / ton. The average price was 13522 yuan / ton, up 124 yuan / ton compared with the previous week, and the difference between the inside and outside cotton price was 85-162 yuan / ton, which did not reach 800 yuan / ton warning line. In the fifth week (December 30th -1 3), the bid price was 13578 yuan / ton (standard 3128B price), up 56 yuan / ton compared with last week.

The main strength of zhengmian has risen sharply, and the number of bulls has increased significantly. The short-term target is 14200 yuan / ton. Zheng cotton continued strong, the market confidence improved significantly, the price of spot price increased significantly, the turnover was significantly reduced, sporadic transactions were mainly based on one price, most of the mills were on the sidelines, and the enthusiasm for the high price was not high. Xinjiang part of the ginning factory point price to raise warehouse receipts enthusiasm increased, part of the wait and see, very expensive, waiting for Zheng cotton continues to pull up. The purchase and sale of real estate slightly improved, the price rose slightly, and the purchasing power of the cotton mill rose. The lint spot market is still slack. As the Spring Festival enters the countdown, the downstream textile enterprises have issued holiday notices. The main holiday time is 5-15 January. It should be noted that textile and garment exports continued to decline in November, showing no signs of rising. Downstream consumption is not a source of power to boost the cotton market. For the domestic and foreign cotton to drive domestic spot prices up, the market view is more capital operation, and the financial attribute of cotton is further enlarged, so it is too early for cotton city to really pick up.

The price of acrylonitrile is running sideways, the market is short of trading at the end of the month, the mentality of the intermediate business is cautious, and the market is less informed. The market pays attention to the guidelines for restarting the maintenance device, and the operators are cautious in maintaining the mentality of the operators, while the factory mentality is relatively stable. Acrylic fiber prices remained stable, downstream factory orders optimistic expectations are limited, and the recent acrylic market supply of goods is limited, downstream trader mentality entanglements, stocking is still cautious, and acrylic fiber plant continued low operation, manufacturers continue to lose money, short-term concern about new guidelines for the factory, the price of acrylic fiber is expected to stabilize temporarily.

Mutual textiles announces that the wholly owned Affiliated Companies has leased about 31.2 hectares of land in the industrial park of Nam Dinh, Vietnam, and signed a principled agreement with the lessor of one of the industrial parks in Nam Dinh, Vietnam, at a cost of about $11 million and not more than $12 million, or equivalent value, and will be settled with the Vietnamese shield. The company stated that, as the lease agreement was subject to certain prerequisites, including obtaining a number of licences and approvals, and setting up a new Affiliated Companies on the ground, the above plan could not be guaranteed as planned.

On the 26 day, Lushan County of Sichuan province held the Ya'an Lushan Zhejiang and Jiangsu textile enterprise investment cooperation Fair. Lushan has a good foundation for textile industry development, large market development space, abundant power supply, obvious advantages of transportation location, electricity price and strong bearing capacity of the project. Entrepreneurs have indicated that Lushan has great development advantages in natural environment, preferential policies and industrial foundation. It is a good place to invest in business, and will further investigate and actively seek cooperation. Before the meeting, the investment representatives from Zhejiang and Jiangsu textile enterprises went to the textile production workshop in Hunan Province and the construction site of the new textile enterprise. Through field visits and hearing reports, the production and operation situation of Lushan textile enterprises was understood in detail.

In December 25th, Yuan Jianlong, executive chairman of Henan Textile Industry Association, was invited by the relevant departments of Guangshan county to investigate the textile industry of Guangshan county. After investigation, he believed that the textile industry in Guangshan county has potential for development, and its industrial development features are distinct. Several enterprises seen here are local textile leading enterprises. The white shark company is a business card of the Henan textile industry. The entrepreneurial spirit and craftsman spirit of the enterprise leader has been well done; Qunli chemical fiber company "one recruit fresh" - the special chemical fiber monofilament has gone all over the world, the head of the enterprise has deeply studied the product development, and has been recognized by the market; the Shun Xiang Chemical fiber company has developed for "green", and has realized the waste recycling, recycling and recycling; Fubon nonwoven company has relied on the local down garment industry to realize the extension of the industrial chain. These enterprises are specialized and new enterprises in the industry. This also creates conditions for the extension of Guangshan textile industry to the upstream and downstream of the industrial chain.

On the 27 day, 31 people from Haining home textile enterprisers walked into the new Feng Ming group to visit and study. We entered the 3 workshop and three-dimensional warehouse of 5G spinning, intelligent shuttle cars, automatic packaging, and walked all the way to feel the change brought by the new production management and intelligent manufacturing of new Feng Ming company. In the 5G spinning workshop, no one of the staff operates. A signal lamp on a 5G robot is shining and standing in front of the loom. When the robot receives the relevant equipment, it will be able to return the data to the information department in time and resume production quickly. It is understood that the "phoenix" platform system structure established by the new Feng Ming Group set up 800 5G information points, covering 12 major business areas such as infrastructure, production and management, decision analysis and so on, so as to realize the digital control of the whole industrial chain. Like general manager of marketing, as long as he holds a cell phone, he can understand the company's product prices, business and financial statements and so on, and master the whole business department of the company.

Forty years of torch relay, forty years of spring and autumn. In December 28th, Zhejiang Textile and Fashion College held a grand commemorative meeting to build a high level special school with 40th anniversary characteristics. The guests, alumni, teachers and students from all over the world gathered together to recall the 40 hearts of the Zhejiang Textile and Fashion College. At the meeting, the teachers and students of Zhejiang Textile and Fashion College also deeply read the poetry recitation of "my spinning house, my heart song", "the heart to the future" performance of the school song, and the 2020 "fusion + Fashion Week" make-up show. It is understood that during the celebration of Zhejiang Textile and Fashion College, the Third Council of the Alumni Association will be held in succession, the carnival of clubs, the "fashion, technology and integration" - the "all around" fashion industry intelligent forum, the retired teachers' Symposium, the school council setting up conference, the "fusion + Fashion Week" student work exhibition and other activities.

According to the regulations of the People's Republic of China on import and export duties and relevant regulations, the Customs Tariff Commission of the State Council issued a notice and promulgated the People's Republic of China import and export tariff code (2020) (hereinafter referred to as the 2020 edition of the tax code), which has been implemented since January 1, 2020. The import and export tariff code of the People's Republic of China (hereinafter referred to as the tax code) is an integral part of the import and export tariff Ordinance, which includes the tariff, tariff and classification rules of import and export tariffs determined by the state tariff policy and relevant international agreements. The import and export tax items of the 2020 edition of the tariff code are the same as those of the 2019 edition of the tax code. No adjustment has been made; the 2020 edition of the tariff code most favoured nation tax rate, the import provisional tax rate, the agreement tax rate and the preferential tariff rate are adjusted on the basis of the 2019 edition of the tax code, according to the notice of the Customs Tariff Commission of the State Council Concerning the adjustment plan for provisional tariff rates (Tax Committee [2019] 50). In addition to the tax rates already announced in the 2020 edition of the tax code, laws, administrative regulations, and other provisions concerning the import and export tariff rates and tax rates are still in accordance with laws and administrative regulations. The release of the 2020 edition of the tariff code will help to keep the transparency of tariff policy, provide more convenience for the public, and help to continuously optimize the business environment and promote the development of high quality trade.

The Xinhua news agency has identified ten major international news events in 2019: the multinational instability in Latin America highlights the problem of governance; international cooperation has contributed to the "first sight" black hole; the two hot spots of the Syria have intensified the middle east change; the Chinese head of state's diplomatic response Bureau has launched a new chapter; Africa has started the development of the free trade area; the global economic growth is facing a new low of ten years; the "drag off Europe" has shown the difficulties of the system; the RCEP breakthrough pushes the trend of multilateralism; the first phase of economic and trade agreement between China and the United States; and the president's impeachment case intensifies the dispute between the two parties.

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