Construction Starts To Decline, Raw Material Yarns Have Stabilized Prices, And Delivery Returns Have Ended.

Market brief

In January 13th, 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 11 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, which will greatly reduce the enthusiasm of traders to store and store. 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. In the seventh week (January 13th -1 17), the bid price was 14107 yuan / ton (standard 3128B price), up 238 yuan / ton compared with last week.

Zheng cotton's concussion rose, and the short line was concerned about the performance of 14500 yuan / ton. On the news side, this Zhou Liu crane will sign the first stage agreement in the US. It is expected that as the Sino US relations continue to improve, the market is expected to continue to increase. The price of lint cotton is rising and the price of the lint factory is rising slightly. The purchasing power of the downstream cotton mills has improved slightly, but the price of the base price is higher. The cotton mills purchase the Xinjiang cotton price and the real estate cotton. The cotton mill has been on holiday, and the import and export of cotton is not active. However, as the Spring Festival draws near, the downstream cotton mills have been on holiday, and buying and selling continues to turn weak. It is estimated that cotton prices will continue to rise with relatively limited space and pay close attention to the progress of Sino US trade negotiations.

The price of acrylonitrile is difficult to change, and the market turnover is orderly. The rhythm of individual factories delivery is still unpleasant. But near the Spring Festival, the middlemen are actively shipping, the market quotation continues to be weak, the short-term factory sales have no pressure, and the market has certain expectations for the factory monthly price. Acrylic fiber prices remain stable, near the Spring Festival, the acrylic fiber market is not flourishing, terminal plant wait-and-see raw materials acrylonitrile new guidelines, and acrylonitrile factory cost pressures continue, manufacturers start enthusiasm is not high, trader mentality steady, short-term forecast acrylic fiber prices will remain stable.

As of January 9th, the national cotton processing totaled 5 million 17 thousand and 500 tons, Xinjiang cotton processing totaled 4 million 884 thousand tons. The national lint test totaled 4 million 807 thousand and 700 tons, and Xinjiang cotton accumulated 4 million 668 thousand and 900 tons. As of January 13th, the number of cotton warehouses in China increased by 30706, increasing by 1261, and 7554 effective forecasts. The total amount of warehouse receipts is 38289, which is equivalent to 1 million 530 thousand and 400 tons of stock.

According to the twenty-seventh provision of the futures clearing rules of the Zhengzhou Mercantile Exchange, after the study, the Zhengzhou Mercantile Exchange made the non 1, 5 and 9 contracts for the 10 futures varieties such as cotton in the month of [N+2, N+5] (N for the month month) from the night trading in January 31, 2020. The adjustment of the fee standard is as follows: cotton, transaction fee: 2 yuan / hand, Ping Yuan warehouse handling fee: 0 yuan; PTA, transaction fee: 1.5 yuan / hand, Ping Yuan warehouse handling fee: 0 yuan; other months are charged according to the normal service charge standard; the previous fee standard is inconsistent with the local standard, with this notice as the criterion.

Recently, the Ministry of industry and Commerce approved 447 industry standards such as the general technical requirements of 5G mobile communication network, including 55 textile industry standards. "Jet vortex spinning acrylic wool blended yarn dyed yarn", "cotton polyester low elastic core yarn yarn dyed fabric", "self worsted wool knitting yarn", "semi worsted wool knitting yarn", "chemical fiber like wool blanket", "silkworm silk", "knitted trousers", "knitted casual clothes", "infant knitted dress", "regenerated cellulose fiber mat", "pure cotton cotton wool", "high temperature and high pressure jet overflow dyeing machine", "single layer drawing machine", "Tricor type warp knitting machine", "textile waterproof performance tester static water pressure method", "textile wind proofing and moisture permeability evaluation" and so on. They include: description terminology of nonwovens defects, test method for bond fastness of nonwovens, "compact spinning combed cotton yarn", "polyester and viscose blended yarn".

In 2019, the sericulture and silkworm production in Yancheng City, Jiangsu Province, under the careful organization and leadership of the municipal agriculture and rural Bureau, strengthened the technical training and timely guidance, speeded up the transformation and application of sericultural technology innovation achievements, paid attention to the measures of mulberry garden management and pest control measures, and made good plans for silkworm disease prevention and control. In 2019, 484 thousand silkworm eggs were produced, 408 thousand cocoons were produced, 980 million yuan for silkworm cocoons, and 100 million yuan for mulberry comprehensive utilization. 415 thousand silkworm eggs were produced throughout the year. In the year of many disasters, it has achieved good results. The outstanding performance is "six items first": Sericulture production scale has been maintained for the first time in 8 years in a row. The application of technological innovation is the first in the province, the quality of cocoon is the first in the province, and the benefit of mulberry units is the first in the province. The 8 silkworm farms in the whole city produce 415 thousand silkworm eggs all year round, and the number of silkworm egg production ranks first in the province.

Since September 2019, Australia's blaze has been burning for more than 4 months. The raging fire will undoubtedly aggravate the continuous drought in Australia this year, which will have an impact on cotton production and quality. It is understood that Australia began to appear small rainfall in 2018, resulting in a very small reservoir storage situation, this year is more than a hundred years of water shortage situation, it should be the most drought year in 120 years. Therefore, the ultimate impact on cotton production is not fire, but continuous water shortage and drought. The rage of fire is only a combustion improver. According to the latest news from the Australian cotton association, according to the current situation, Australia's total output in 2020 is expected to be 147 thousand and 500 tons; the Australian cotton Merchants Association believes that based on the continuous drought situation, it is expected to be around 140 thousand tons; traders according to the Australian farm feedback, is expected to total output of 11-12 tons.

According to Kenya's banner newspaper January 7th, the Kenya government has recently approved the commercialization of genetically modified cotton containing Bacillus thuringiensis (BT). One of the four major development goals of the Kenya government is to develop manufacturing industry. Priority is needed to revitalize the textile industry, which requires high quality raw material protection. In the early 90s of last century, the cotton growing market was better. Later, due to the low international prices, especially cotton bollworm and other persistent pests, the yield was greatly damaged and abandoned. Experts estimate that the yield of conventional cotton is 572 kg per hectare, and that of BT transgenic cotton is 2500 kg per hectare. Commercial planting of BT transgenic cotton will encourage cotton farmers to return to the cotton growing industry. The government of Kenya will promote the development of the textile and garment industry both at home and abroad. It hopes to promote GDP growth through the chain of cotton, textile, clothing and other industries, and also reduce the import of cotton textile products. The industry hopes that the government will ensure the seeds in March before planting cotton.

Market curve