Zheng Cotton Sharply Callback, Will Cotton Prices Fall Before The Holiday? Yarns Have Risen One After Another. What Is The Rising Momentum?

Market brief

In January 14th, 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 12 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 concussion fell sharply, callback sharply, bulls sharply reduced positions, short-term concerns about 14000 yuan / ton performance. Near the end of the Spring Festival holiday, the replenishment near the end of the Spring Festival is coming to an end. Capital positions have also become prudent. Zheng cotton has begun to callback sharply, the spot market waits for warming, the purchasing intention of the cotton mill is decreasing, and the lint quotes have remained stable, but the purchase and sale has obviously weakened, and the market has been trading lightly. At present, the cotton enterprises are still bullish after the Spring Festival market, and it is predicted that the spot cotton spot price before the festival is unlikely to fall, and gradually becomes stable.

The price of acrylonitrile is hard to change, and intermediaries are mainly thinking about exporting goods. There is no lack of low price offer in the market. As for the Spring Festival, the market has a general trading atmosphere, and some factories in the lower reaches of the circulation industry are mainly purchasing contracts. The enthusiasm for spot delivery is not high, but there is very little stock in factories, and there is no pressure for shipment. The manufacturer's offer is maintained. Short term concerns are given to the factory monthly guidelines, and the price of acrylonitrile is expected to be weak. Acrylic fiber prices continue to stabilize, part of the terminal factory gradually off the market, the lower reaches of the factory to reduce the enthusiasm of the stock market, the acrylic market is trading in vile, the market festive atmosphere is gradually stronger, the current market to wait for raw materials acrylonitrile new information guidelines, short term acrylic fiber factory cost pressure is not reduced, the offer mentality is stable, it is expected that 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 14th, the number of cotton warehouses in China increased by 31462, increasing by 756, and 7293 effective forecasts. The total amount of warehouse receipts is 38755, which is equivalent to 1 million 550 thousand and 200 tons of stock.

According to customs statistics, in December 2019, China exported 11 billion 6 million 100 thousand US dollars of textile yarn, fabrics and products. In 2019, 1-12 months in 2019, China exported textile yarn, fabrics and articles 120 billion 199 million 200 thousand US dollars, an increase of 0.9% over the same period last year. In 2018, China exported 119 billion 78 million 300 thousand US dollars of textile yarn, fabrics and products. In December 2019, our export garments and accessories were US $13 billion 947 million 800 thousand; in 2019, 2019, China exported garments and accessories 151 billion 367 million 600 thousand US dollars, down 4% compared to the same period last year; in 2018 2018, our export garments and accessories were 157 billion 614 million 800 thousand US dollars.

Recently, the Fujian provincial Ministry of industry and commerce, the provincial water conservancy department and the Provincial Water Conservation Office announced the list of the second batch of water-saving enterprises in Fujian Province, 29 enterprises listed as water-saving demonstration enterprises, and 101 enterprises listed as water-saving enterprises. A total of 6 enterprises in Quanzhou were listed as water-saving demonstration enterprises, and 25 enterprises were listed as water-saving enterprises. The 6 spring enterprises in the water saving demonstration enterprises are all textile and dyeing and finishing enterprises: Shishi City Port overflow dyeing and weaving weaving Co., Ltd., Shishi Hao Bao dyeing and Weaving Co., Ltd., Shishi Xinhua Bao Textile Technology Co., Ltd., Shishi Huabao bleaching and dyeing weaving Co., Ltd., Shishi Heng Xiang bleaching and dyeing industry Co., Ltd. and Shishi Ling Feng bleaching and dyeing weaving Co., Ltd. It is reported that since last year, Fujian province has launched water-saving enterprises in key water industries such as textiles, dyeing and finishing, chemical industry, food fermentation and non-ferrous metals industry, aiming to vigorously promote water-saving in industrial areas, improve industrial water efficiency, and promote sustainable and green development of social economy and high quality development.

Recently, Taiping property insurance Hubei branch undertook the property insurance project of Wuhan Yu Dahua Textile Co., Ltd. to provide nearly 500 million yuan of risk protection. Wuhan Yu Dahua Textile Co., Ltd., the predecessor of Yuhua textile mill in Wuchang, founded in 1919, has witnessed and witnessed the continuous development and progress of Chinese national textiles. In 2015, Yu Dahua Group will integrate the state-owned textile and garment enterprises including Yu Dahua Group, Jiangnan group, one cotton group and glacier group. The strategic plan for developing the three major businesses of "high-end textile manufacturing", "modern textile service" and "terminal fashion products" will be clearly defined, and will gradually form a first-class modern textile service provider from spinning, weaving, printing and dyeing -- clothing terminal products.

On the morning of January 9th, the mobilization and mobilization meeting of textile and garment industry in Huangchuan County of Henan province was held on the five floor of the office of organ affairs in 2020. In recent years, Huangchuan county has seized opportunities and introduced a number of high quality garment enterprises to build modern textile and garment industry. In the industrial cluster area, the textile and garment industrial park has been planned and constructed. The two phase of Xinyang Jiaxi industry and Rong Feng Textile project has been completed and put into operation, expanding production capacity, facing huge labor shortage, and urgently recruiting large numbers of Huangchuan local labor force. The 2020 annual recruitment mobilization meeting of textile and garment industry is to implement the specific actions of the county Party committee and the county government in developing the textile and garment industry. We should take advantage of the favorable opportunity for people to return to the countryside before and after the Spring Festival to recruit industrial workers for the textile and garment enterprises in the county, and ensure the normal production and operation of textile and garment enterprises, so that the people of Huangchuan can not get rich enough to get jobs and boost the development of Huangchuan's industrial economy.

On the morning of January 13th, the textile and garment industrial cluster promotion meeting of Shashi City, Jingzhou, Hubei province will be held in 2020. Building a textile and garment industrial cluster is a major decision made by the municipal Party committee and municipal government of Jingzhou. It is necessary to establish a garment and textile industry association in the city to revitalize the big industry, improve the planning and create a great atmosphere. Jingzhou will make full use of the resource advantages of the big educational city, set up the textile and textile major in Colleges and universities, intensify the integration of production and teaching, and provide talent support for the development of the garment and textile industry in the whole city. We should continue to increase investment attraction, expand and strengthen existing brands, improve the industrial chain, and promote the high quality development of Jingzhou's garment and textile industry. In 2019, the output value of the textile and garment industrial cluster in Shashi City exceeded 6 billion yuan, and the Shashi needle textile and garment industry entered the province's key growth industry cluster for eight consecutive years.

In January 10th, the US Department of agriculture (USDA) released a January supply and demand report showing that the US 2019/20 cotton inventory at the end of the year was estimated to be 5 million 400 thousand packages, with a forecast of 5 million 500 thousand packages in December, January 10th. The US 2018/19 cotton inventory at the end of the year is estimated at 4 million 850 thousand bales, with an estimated 4 million 850 thousand packages in December. In the year of 2017/18, the actual inventory value of cotton in the end of the year is 4 million 200 thousand bales.

According to Pakistan's Yonhap news agency reported on January 10th: Pakistan's Ministry of planning, development and reform has been authorized by the government to grant 5 billion 762 million rupees for the agricultural development project under the public sector development plan (PSDP) in the fiscal year 2019/20. At the same time, the authorities also authorized the launching of the start-up funds under the prime minister's agricultural emergency project to raise agriculture and animal husbandry in Pakistan. According to data released by the public sector development plan, a total of 12 billion 47 million rupees allocated 5 billion 762 million rupees for research and development projects of the national food security and research ministry, 2 billion 750 million rupees for the first phase of the national river repair plan, 5 billion 500 million rupees for water resources protection, 300 million rupees for national oil seed improvement projects, 400 million rupees for aquaculture and shrimp farming, 30 million rupees for the prime minister's backyard poultry breeding, 80 million rupees for calves to save breeding, and 100 million rupees for trout farming in the northern region. At the same time, in order to increase the output of main crops, 200 million rupees were allocated to rice, 100 million rupees were allocated for sugarcane, 325 million rupees were used to increase wheat production, and 40 million rupees were used to increase cotton production.

Market curve