Bad Weather Affects Turnover, Yarn Enterprises Ahead Of Schedule? The Geopolitical Impact Weakened, And The Weakness Returned To The Weak?

Market brief

In January 7, 2019, the number of New Zealand's cotton entering the market was 7000 tons. No transaction has been made for seven 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.

Short term target position or near 14300 yuan / ton, Zhengzhou cotton continues to rise, the market is expected to rise, the spot cotton prices continue to be stable and strong trend, cotton mill and cotton traders are warming up, and high quality lint is generally reluctant to sell. With the Spring Festival holidays approaching, the cotton price of pre harvest cotton is relatively low, and the purchase of raw lint cotton is getting less and less. Recently, cotton and cotton in the Yellow River basin generally welcomed rain and snow weather, and cotton purchase and processing were greatly affected. The acquisition of seed cotton was completely stopped, only a small amount of cotton ginning plants were maintained, and the new supply of lint was limited. Zheng cotton shock increased sharply, breaking 14000 yuan. On the whole, the supply pressure of the cotton market before the festival is still stable, and it is difficult for the goods to go out. However, cotton prices are obviously supported by the bottom, and Zheng cotton continues to rise, which makes the market strong expectations for the market outlook.

The price of acrylonitrile is weak, and there is little time left for the Spring Festival holiday. The downstream factories just need to stock up. After the market, the air quality is not decreasing, manufacturers are mainly shipping goods, middlemen have insufficient confidence in holding goods, and homeopathic sales are the main ones. The focus of trading is weak and volatile. There are no other good guidelines on the short-term news, and it is expected that acrylonitrile prices will remain weak and volatile. 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.

As of January 6th, the national cotton processing totaled 4 million 961 thousand and 100 tons, Xinjiang cotton processing totaled 4 million 834 thousand and 600 tons. The national lint test totaled 4 million 691 thousand and 800 tons, and Xinjiang cotton accumulated 4 million 561 thousand and 700 tons. As of January 7th, the number of cotton warehouses in China increased by 28552, increasing by 329, and 7193 effective forecasts. The total amount of warehouse receipts is 35745, which is equivalent to 1 million 429 thousand and 800 tons of stock.

On the morning of January 2nd, in 2020, Jiangsu province's major industrial project construction promotion conference, Nantong City branch and Tong Kun polyester integration project commencement ceremony was held at the construction site of polyester integration project. On the same day, the first batch of 156 projects in Nantong, Jiangsu, took part in the major industrial projects in the province, with a total investment of 103 billion 100 million yuan, and planned investment of 29 billion yuan this year. The total investment of Tong Kun polyester integration project is 20 billion yuan, with an annual output of 5 million tons of PTA and 2 million 400 thousand tons of new functional fibers. After commissioning, the output value is expected to reach 35 billion yuan, with profits and taxes of 3 billion 500 million yuan. After the completion of the project, the PTA, polyester and spinning continuous production will be realized for the first time in the world, and the integration of industrial chain will be realized. The Tong Kun polyester integration project is located in the Rudong port economic development zone. It will adopt the PTA production technology that has the lowest energy consumption, the most advanced technology, the most safe operation and the best emission control in the global industry. It will realize the continuous production of PTA, polyester and spinning in the world for the first time. It is the integration of industrial chain integration. It is a truly green, low carbon, environmental protection and intelligent advanced factory. After the completion of the project, it will also give full play to the advantages of the Yangtze River port through the River Delta, and the radiation will drive the development of the surrounding industry and promote the formation of a new material industry base.

On the morning of January 6th, the Guangdong chamber of Commerce in Suzhou, Jiangsu Province, with an annual output of 100 million meters, made the chemical fiber textile project located in the Gushi county poverty relief base in Henan Province, Suzhou. It is understood that after the completion of the project workshop, the Guangdong chamber of Commerce in Wujiang district will organize several member backbone enterprises to invest in 1200 water jet looms and three matching twisters, false twisters, looms and traction machines in the next 1200 years. The total investment is expected to be 500 million yuan, the annual production of chemical fiber cloth 100 million meters, and annual sales volume of up to 550 million yuan. After the completion of the project, it is of great significance to expand the scale of textile and garment industry and upgrade the industrial level in Gushi County, and play an important role in promoting the development of the industrial agglomeration area.

Recently, the Shuyang economic and Technological Development Zone was selected for the National Smart Textile Industrial Park pilot project. In recent years, according to the idea of "Park industrialization and industrial characteristics", Shuyang has made great efforts to promote the transformation and upgrading of the textile industry from follower development to leading development. At present, the county's textile and garment enterprises have reached 370, of which 188 are regulated, mainly covering three major parts, covering yarn, home textiles and intelligent knitting, forming a more complete industrial chain covering "mechanical equipment - spinning, weaving, weaving, dyeing, clothing" and so on. Shuyang economic and Technological Development Zone has successively won the national textile industry structure adjustment outstanding contribution award and the national textile talent construction advanced unit and so on. It has been awarded the national textile industry transfer demonstration park, the Chinese covered yarn industry base, the China intelligent knitting industry innovation award, the national shading jacquard fabric development base, the national indoor air purification fabric development base, the Jiangsu province covered yarn industry base, the Jiangsu textile industrial cluster to promote the advanced units, and so on, and has been selected as the "Silk Road Jingwei Industrial influence industrial park list" in 2018. It has been recognized as the provincial science and Technology Industrial Park by the Jiangsu science and technology department. "Shuyang textile" has formed regional brand with distinct characteristics.

According to reports from the masses, a few days ago, Suzhou's office of command and control of pollution prevention and control launched a thorough investigation of the environmental problems in some parts of Wujiang. It was found that 2 textile enterprises had problems such as waste water, waste gas and waste dumping. No. 383, Yue Xi Road, Wujiang district is a small industrial area. Suzhou Sheng Ze Textile Technology Co., Ltd. is located here. Unannounced visitors saw that the side of the artificial lake was stacked with waste materials such as dye barrels, oil cans, and villi. Large areas of waste occupied the revetment and occupied some of the waters. During an unannounced visit, Shen's official, who claimed to be a shareholder of the company, rushed to the scene. He said that the enterprise was in liquidation stage, and it would stop production immediately. For the environmental problems raised by the secret visit team, the official said he immediately asked the staff to clean up, and ensured that the similar situation did not happen again. The Wujiang Zhen Zhou air jet weaving factory, located at 5 East Li Road, Li Li, is filled with pungent odor everywhere, and the production waste gas has not been collected. In view of the above problems, the office of command and control of pollution prevention and control in Wujiang is issued to the people's Government of the people's Government of Jiangsu Municipality. The requirements for supervision and control are issued. We must profoundly understand the grim situation of water pollution and air pollution prevention and control, and enhance our sense of urgency and responsibility.

For nearly half a month, whether domestic cotton yarn or imported cotton yarn (internal or external) is booming, traders are reluctant to sell and sell high. Some cotton traders said that although many weaving factories, garment factories and foreign trade companies in the coastal areas have gradually entered the vacation and rest state, the rising prices of cotton, cotton yarn and grey cloth before the festival are somewhat unexpected. Coupled with the formal implementation of the second phase of the China Pakistan Free Trade Agreement in the next few weeks, buyers are buying up and buying down, and the offshore renminbi has rebounded strongly in 2020, and the market will go out of a wave of appreciation in December. Since the beginning of December, enquiries and transactions in India, Vietnam, and Central Asia have been constantly warming up, and downstream businesses and intermediaries are picking up their stores or hoarding up the enthusiasm for growth. According to Shandong Zibo, Weifang and Jiangsu Nantong, Changzhou and other intermediaries feedback, half a month cotton yarn bonded and customs clearance stocks continued to decline, some of the high quality bleached yarn or even stage supply is tight.

In January 4th, the Ministry of trade of Turkey issued Notice No. 2019/38 to initiate an anti circumvention investigation of synthetic long fiber fabrics originating in mainland China, and to examine whether synthetic long fiber fabrics originating in mainland China are exported through Malaysia to Turkey to avoid a higher anti dumping tax. The product tax number is 54.07.

Malian state textile development company (CMDT) preliminary data show that Mali 2019/2020 cotton harvest may be about 691300 tons, 14% lower than the previous forecast value. In the last cotton year, Mali produced 656564 tons of cotton.

Market curve