If Crude Oil Rises, Will Raw Materials Go Up? Cotton Yarn Takes The Lead, And There Is A Big Wave Before The Festival?

Market brief

In January 6, 2019, the number of New Zealand's cotton entering the market was 7000 tons. No transaction has been made for six consecutive trading days. In from December 2nd to 26th, the total turnover of Xinjiang cotton reached 37000 tons, of which 3160 tons were accumulated in the Xinjiang warehouse, and 33840 tons were accumulated in the mainland warehouse, and 52 enterprises were competing for sale. Sixth weeks (6-10 January), Xinjiang cotton entered the bid price (discount standard grade 3128B) 13869 yuan / ton, up 291 yuan / ton.

Cotton after low opening and concussion, the short line is still in the vicinity of 14000 yuan / ton concussion, the cotton lint spot market is running relatively stable, and the cotton business in the lower reaches of the Spring Festival is going to be on the decline. The downstream textile enterprises are not enthusiastic about stocking up, and the quantity of spot trading is very limited. The number of spot trading is very limited, and the price of the base price is higher than that of the traders. The price of the cotton mill is higher than that of the cotton mill. The price of the cotton mill is different. Some of them are on the market and some prices are going up. The market price is more chaotic. With the gradual weakening of the terminal demand, the cotton mill is also on holiday, and the quantity of new cotton increases continuously. Under the constraint of the supply and demand situation, it is estimated that the cotton price will continue to rise with limited space and the trend will be stable. Zheng

Acrylonitrile market prices continue to be weak, the supply is expected to increase, brokers rush forward quickly out of the thinking is obvious, business offer continued weak, supply side support is expected to weaken, the market to see the air atmosphere is not reduced, the downstream just need to keep the train of thought to maintain, it is expected that short-term acrylonitrile prices continue weak shocks, pay attention to the new factory news guidelines. Acrylic fiber prices continue to stabilize, the terminal market performance is generally low, the downstream factory procurement enthusiasm is not high, and raw materials acrylonitrile plant price transverse finishing, acrylic fiber cost pressure is not reduced, manufacturers offer a stable mentality, short term acrylic fiber prices are expected to remain stable.

Recently, Sun Ruizhe, President of China Textile Industry Federation, said that China's textile industry has formed the largest and most complete industrial system in the world, and the vast majority of China's textile industry indexes have reached or even advanced the world's advanced level. In 2018, China's textile industry accounted for more than half of the total fiber processing, and textile and garment exports accounted for more than 1/3 of the world's total exports. The textile industry as a pillar industry of the national economy and the important livelihood industry has become more prominent. By the end of 2018, the number of legal person units, total assets and total operating income in textile and garment industries accounted for 9.5%, 4.8% and 5.4% of the total industry respectively. The number of employed persons was 11 million 32 thousand, accounting for 9.6% of the total industry in China, and the number of employees engaged in wholesale and retail trade reached 16 million 120 thousand. The proportion of textile and clothing exports accounted for 12% of the total exports of goods in the country, and the net foreign exchange earnings of textiles and garments amounted to US $250 billion 190 million, accounting for 71.1% of the national trade surplus.

Xinye textile (002087) midday announcement January 6th said that at the end of 2019, the company and its subsidiaries received a number of government grants, which were part of the government subsidy related to income. Xinye textile said that the government subsidy received is expected to increase by 22 million 304 thousand and 100 yuan in the year of 2019.

In January 5th, the Yunnan Textile Association's 2020 innovation and development conference was held in Kunming on the theme of "forge ahead in a new era and build a dream of cloud spinning". At the meeting, three standards of school uniform, bedding and combed cotton production management standard were formally promulgated. Since then, Yunnan has the following standard production management basis for the three products mentioned above. Yunnan In the Yunnan local standard issued by the student apartments (dormitories) bedding, the specifications and requirements of beddings for students' Apartments (dormitories) are specified, which are suitable for the bedding items of students' Apartments (dormitories) in colleges, secondary vocational schools, primary and secondary schools, kindergartens and so on, which are made of textile materials. In the school uniform standard, the direct contact with the skin of the school uniform is stipulated. The nominal value of the cotton fiber content should not be less than 35%, thus effectively ensuring the safety of the school uniform. In the code for production management of combed cotton, 11 standards, including specifications, grading and testing methods, are specified.

In December 25, 2019, China Railway Urumqi Bureau Refco Group Ltd 2020 strategic customer contract will be held at the International Conference Center of Regal Hotel. 34 central and central enterprises in Xinjiang signed a strategic cooperation agreement with the railway. The contracted freight volume reached 1.27 billion tons, and the strategic customers increased by 6 compared with last year, and the traffic volume increased by 17 million tons. It is reported that the total volume of contracted freight with 34 enterprises is expected to account for 80% of the freight volume of Xinjiang railway in 2020. The national cotton exchange market, as one of the 34 enterprises in the central and central enterprises of Xinjiang, has been invited to sign contracts, giving full play to the advantages of resource integration in the national cotton trading market and the strength and transportation advantages of the railway.

Puning is "China's textile industry base city", and has a complete industrial chain such as spinning, weaving, printing and dyeing, and marketing. The textile and garment industry is one of the pillar industries in Puning. There are 2530 textile and garment enterprises in the city, about 150000 of the employees, and about 300000 of the employed population, with an annual output of 360 million meters and 1 billion 600 million garments. Textile printing and dyeing industry is not only an essential part of the whole industry chain, but also the main source of pollution before practicing the river basin. At present, 64 printing and dyeing enterprises have been stationed in printing and dyeing centers in Puning. 66 printing enterprises have been put into operation, 41 printing and dyeing enterprises in printing and dyeing area have entered the construction plant, and have entered the commissioning stage one after another.

Zhejiang Longsheng group Limited by Share Ltd has announced that the company will receive a total of 145 million yuan of government incentive subsidy funds due to the relocation and exit of the road ruins factory. In December 30, 2019, it received 125 million yuan from the reward subsidy fund, and the remaining amount of 20 million yuan will be paid in 2020. In the past 12 months, the subsidiary companies in the consolidated statements of the company and their subordinates received a total of 509 million yuan of government subsidies, accounting for 12.38% of the company's net profit in 2018. Zhejiang Longsheng is the world's major disperse dye and two benzene amine production enterprises. In the first three quarters of 2019, Zhejiang Longsheng realized operating income of 16 billion 620 million yuan, an increase of 14.1% over the same period last year, of which the net cash flow of operating activities was 4 billion 241 million yuan, up 51 times compared with the same period last year.

In December 31st, the United States Trade Representative Office (USTR) announced the seventh batch of product exclusion notice under the list of 200 billion tariff products. This excludes a total of 68 products, including 8 textile and clothing products. Up to now, the United States has issued 7 batches of 200 billion product exclusion lists, of which first batches involve 2 textile and garment products tax numbers, second batches involving 3 textile and garment products tax labels, third batches involving 7 textile and garment products tax labels, fourth batches of 3 textile and garment products tax numbers, fifth batch does not contain textile and garment products, and fifth batch involving textile products tax rates, a total of 19 textile and clothing products tax numbers. The excluded products will no longer be subject to a 301 tariff when they export to the United States. Exclusion period can be traced back to the date of entry into force of the 200 billion list - September 24, 2018. The validity of the excluded products listed in this notice is from September 24, 2018 to August 7, 2020.

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