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    Will China'S Cotton Prices Go Up Next Week When China And The United States Sign The Contract? Before The End Of The Year, The Stock Market Needs To Be Concerned.

    2020/1/10 12:12:00 0

    Market Quotation

    Market brief

    In January 9th, China Cotton Reserve Management Co., Ltd. planned to purchase 7000 tons of Xinjiang cotton and 0 tons in real terms. It has not been traded for nine consecutive trading days. At present, there is no advantage in the price of the cotton reserve wheel, and the two public inspection will be required to enter the warehouse, and the quality requirements for the storage and storage of cotton will be more stringent. This will greatly reduce the enthusiasm of traders to store and store, and even if they are cold, there will be no turnover. 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.

    Zheng cotton concussion rose, bulls add positions obviously, after the recent rapid rise, Zheng cotton short line will be callback, ready to pay attention to the recent performance of 14300 yuan / ton. Spot cotton prices continue to rise strongly, the downstream enterprises replenishment is coming to an end, the market is light, China and the United States will sign the first stage agreement, the good market, the cotton enterprises' bullish expectations are strengthened, and the lint sale price is very strong. Although the downstream stock is scattered, the cotton market is light and light, but the short-term cotton prices are easy to rise and fall. Later, with the cotton mills going on holiday, lint demand is showing a downward trend, which will lead to a certain restraint on cotton price rise, and the cotton price rising trend will be slowed down.

    The price of acrylonitrile is weak, and there is not much time left for the Spring Festival holidays. The downstream factories just need to stock up, and some small and medium sized downstream factories are planning to stop production during the Spring Festival, while acrylonitrile businesses are mainly selling goods, while the supply side is still increasing. The market is watching the air atmosphere continue, the selling pressure of intermediaries is bigger, and the confidence in holding goods is insufficient. The rhythm of production and marketing in factories is more normal. Acrylic fiber prices continue to be stable, terminal market performance is generally low, the downstream factory procurement enthusiasm is not high, some of the industry is off the market, and raw acrylonitrile factory price stabilization, acrylic fiber cost pressure continued, the industry capacity utilization rate of reference 58%, the change is limited, manufacturers offer a stable mentality, short term acrylic fiber prices are expected to remain stable.

    The summit of the Ministry of Commerce spokesman said at a regular press conference on the afternoon of 9, at the invitation of the United States, Liu He, member of the Political Bureau of the CPC Central Committee and vice premier of the State Council and the leader of the China US comprehensive economic dialogue, will visit Washington on the 13 th of -15 this month to sign the first stage economic and trade agreement with the US side. The two sides are working closely on the specific arrangements for signing the agreement.

    As of January 8, 2020, as of January 8th, 5 million and 300 tons of cotton were processed and 4 million 867 thousand and 900 tons of cotton were processed in Xinjiang. On the same day, processing capacity in Xinjiang has dropped to below 20 thousand tons. Judging from the current statistics, we can see that the output of Xinjiang cotton has only dropped slightly this year, which has been falsified. Secondly, the rapid decline of daily processing capacity is also an obvious signal for the linen processing in the cotton mill. The production and supply have been basically finalized. Beginning this week, Xinjiang cotton ginning enterprises started to decline significantly, and the northern Xinjiang basically finished processing. Only a few larger enterprises in southern Xinjiang are still working. As a whole, the number of cotton seeds stored in the ginning mill is declining. As the Spring Festival is getting stronger and stronger, downstream enterprises such as spinning, printing and dyeing have begun to take stock of post holiday planning.

    According to the data released by China's cotton notarization inspection network, as of January 8, 2020, there were 954 cotton processing enterprises in China in the year of 2019/20, processing cotton according to the requirements of the cotton quality inspection system reform plan, and carrying out notarization inspection. The inspection volume reached 21168082 packages and 4777861.92 tons. Among them, 804 cotton processing enterprises in Xinjiang, 20583863 notarized inspection, 4646640.77 tons; 150 processing enterprises in the mainland, notarized inspection of 584219 packages, 131221.15 tons. As of January 9th, the number of cotton warehouses in China increased by 29175, increasing by 27, and 7583 effective forecasts. The total amount of warehouse receipts is 36758, which is equivalent to 1 million 470 thousand and 300 tons of stock.

    In accordance with the relevant provisions of the law of the People's Republic of China on import and export commodity inspection and its implementation regulations, since January 1st this year, the General Administration of Customs has decided to adjust the catalogue of import and export commodities to be inspected, and cancel the regulatory conditions "A" for 199 HS coded commodities involving cloth and adult clothing, textile machinery and cold-rolled steel plates, and the customs will no longer carry out import inspection and supervision. After the revision of the law inspection catalogue, the customs clearance of enterprises will be more convenient. The import and export enterprises can be informed of the need for inspection and quarantine by three ways: combined with the 2020 edition of the entry and exit commodity catalogue of the entry and exit inspection and quarantine institutions for inspection and quarantine, and the announcement of this adjustment, all inspection and quarantine must be carried out in the catalogue. The column of "information disclosure" on the website of the Customs General Administration can be querying the entry and exit commodity catalogue of the entry exit inspection and quarantine institutions for inspection and quarantine, the customs import and export tariff regulations of the People's Republic of China, and the customs may consult the customs. Huzhou customs office in Anji reminded enterprises to understand the inspection and quarantine policies before the import and export of goods, so as to ensure the smooth clearance of goods after policy adjustment.

    "Guangdong textile and clothing creative design Park (platform) cultivation and implementation plan (2019-2025)" was released recently. By 2025, we will cultivate a number of textile and clothing creative design pilot parks (platforms) in the whole province, and build more than 6 specialized and specialized textile and clothing creative design demonstration parks (platforms). The textile and clothing creative design Park (platform) refers to the carrier and platform for gathering and innovating service resources, engaging in research and development of textile and clothing, product development, and providing creative design support for textile and garment enterprises. It includes the garden Central Park in the industrial agglomeration areas such as provincial and above development zones, the creative design center relying on universities and scientific research institutes, and the creative design platform established by the backbone enterprises in the industry. The construction of the park (platform) is divided into two categories: the textile and clothing creative design pilot park (platform) and the textile and clothing creative design demonstration park (platform). The pilot demonstration park (platform) is mainly developed for the textile and garment gathering area, which is supported by industry, and is engaged in original design, fabric innovation and research, design personnel training, fashion display and intelligent procurement.

    At the beginning of 2019, Tianhong Textile Group joined forces with Jingwei Intelligent Company to sign a strategic cooperation project of 113 thousand spindles of cotton spinning and jointly set up three overseas markets in Turkey, Mexico and Nicaragua. At present, the three overseas projects are progressing smoothly. Turkey Tianhong and Mexico Tianhong projects have been driven by the whole line. The Nicaragua Tianhong project has entered the final installation stage, and some of the equipment has been tested for spinning. At the same time, Tianhong Textile Group's three overseas projects are also important projects for Intelligent Company to expand the European and American markets. It is an important project for its spinning equipment to enter the world's high-end market. The Turkey rainbow project is the key to opening the European market.

    In December 23, 2019, Dongfeng County, Liaoyuan City, Jilin province and Zhejiang Shaoxing chemical fiber factory signed a cooperation agreement on "Textile Industrial Park construction project". The signing of the project is of great significance for speeding up the development of textile industry in Dongfeng County, promoting the textile industry in the high-end direction, and promoting the upgrading of the county's industrial economy. Jiang Wuyong, general manager of Shaoxing chemical fiber plant in Zhejiang, said that it would speed up the progress of the project and strive to build it early, put it into production earlier, and achieve early results. It hopes to take the opportunity of this cooperation to drive Zhejiang Shaoxing's other related industries to invest in Dongfeng to achieve win-win strategy.

    According to the data released by China logistics and purchasing Federation today, in December 2019, the Global Manufacturing Purchasing Managers Index PMI dropped 0.4 percentage points from last month to 48.6%, and continued to operate in the contraction area. In 2019, the global manufacturing purchasing managers index was fixed at 50.1%. In 2019, the European Manufacturing Purchasing managers index decreased significantly, becoming the main driver of the global manufacturing downturn. In addition, the US Manufacturing Purchasing Managers Index showed a high and low trend, mainly due to the strong weakening of the US manufacturing industry. Compared with the obvious downward trend of manufacturing industry in Europe and America, the manufacturing industry in Asia showed a steady trend of decline, and the latter trend was relatively mild. Africa's manufacturing industry maintained a relatively fast development and showed strong potential for development. Insiders said that in 2019, the global manufacturing industry showed a trend of higher and lower growth, slowing down gradually, and the frequent occurrence of trade friction was the main factor that dragged down the global manufacturing industry.

    According to Bangladesh's financial bulletin January 8th, all garment export enterprises in Bangladesh can receive 1% cash subsidy from July 1, 2019. Previously, enterprises that used local yarns or fibers or subsidized small and medium enterprises and exported non-traditional markets could not enjoy this incentive policy. The policy is that the garment export industry will win a lot of efforts, but it will not be enough, because the garment export industry is now at a critical time.

    Market curve

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    Will China'S Cotton Prices Go Up Next Week When China And The United States Sign The Contract? Before The End Of The Year, The Stock Market Needs To Be Concerned.

    In January 9th, China Cotton Reserve Management Co., Ltd. planned to purchase 7000 tons of Xinjiang cotton.

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