In The Middle Of The Market, The Price Of Yarn Is Rising Slowly. Why Does The Price Of Yarn Begin To Rise?

Market brief

In February 17th, China Cotton Reserve Management Co., Ltd. planned to purchase 7000 tons of Xinjiang cotton and 0 tons actually. In the twelfth week (February 17th -2 21), the bid price was 13672 yuan / ton (standard 3128B price), down 43 yuan / ton compared with the previous week. Last week (February 10-14), China Cotton Reserve Management Co., Ltd., purchased 51 thousand tons of Xinjiang cotton, and the actual turnover was 15400 tons, with a turnover rate of 30.2%. This week, the number of resumed enterprises increased significantly, and cotton consumption will pick up.

Zheng cotton opened up after the concussion, the news face, the market locust disaster speculation, superimposed downstream businesses slowly return to work, Zheng cotton still has room for improvement. Zheng cotton rose, market operation mentality has improved, and some cotton mill's raw cotton purchase enthusiasm has increased. Recently, lint inquiry and transaction situation has increased. Currently, online trading is the main. Sporadic Xinjiang cotton transportation is still mainly railway transportation. Road transportation is still in a state of stagnation. But some logistics companies have begun to coordinate highway transport matters. It is expected that there will be progress in recent days. Although downstream textile clusters have been started, short-term production is difficult to return to normal. Short term cotton purchase and sale are still difficult to reach.

The price of acrylonitrile main plant has dropped to 10000 yuan / ton, the factory production and marketing rhythm is general, the main stream downstream plant start enthusiasm is not high, acrylonitrile factory stock gradually accumulate, business offer price is still the main reference, the market quotation is chaotic, the trading rhythm is general, the overall operation condition is not good, the manufacturer's trading confidence is insufficient, the short term fundamentals have no good news, pay close attention to the factory end of the month settlement guidelines, the acrylonitrile price is expected to remain weak. The recent changes in the acrylic market are limited, the market price continues to consolidate, the downstream factories resume their work rhythm slowly, the market transaction is not good, the factory trader's enthusiasm is limited, the factory inventory accumulates, the factory reduces production more, the industry starts to maintain the low position, the short-term forecast acrylic fiber price continues to be stable, and the factory information guidance.

17, the central bank announced that, in order to hedge the impact of the central bank's adverse repurchase expiry and other factors, maintaining the banking system liquidity is reasonable and abundant. In February 17, 2020, the central bank launched the 200 billion yuan interim loan facility (MLF) operation and the 100 billion yuan reverse repurchase operation. Among them, the 1 year MLF operation was carried out, the winning rate was 3.15%, the 7 day reverse repurchase operation was carried out, and the winning rate was 2.40%. Statistics show that the central bank's last MLF operation bid rate is 3.25%.

In February 2020, the China Cotton Association conducted second surveys on cotton planting intentional area for the designated farmers in the mainland and Xinjiang autonomous region. The survey results showed that the cotton planting area in China was 45 million 574 thousand and 800 mu, down 5.36% from the same period last year, a decrease of 2.14 percentage points compared with the previous period, and the intention area was 1 million 33 thousand and 400 mu higher than the previous period. Among the cotton farmers surveyed in the country, the farmers who kept cotton planting intention remained the same, accounting for 58.60% of the total survey households, 2.69 percentage points lower than the total household survey, 9.39% of the total households surveyed, the percentage of cotton farmers increased by 0.39 percentage points, 29.39% of households still hanging around, and 2.35 percentage points more than those of cotton farmers.

Overtime design to early morning, three consecutive days sleep workshop...... Liuzhou textile and Garment Association's 12 member enterprises to join the emergency production masks, the daily output of up to 100 thousand. The company is working overtime and production at full capacity. It is expected that the mask production will reach 3 million this month, which can alleviate the contradiction between the supply and demand of mask in Liuzhou enterprises.

In February 13th, the press conference of the joint defense and joint control mechanism of the State Council introduced the latest progress in the protection of important medical supplies and the deployment of medical resources. Xia Nong, first class inspector of the industry development department of the national development and Reform Commission, said that as of February 11th, the utilization rate of masks was 94%, which has already been able to protect the medical masks of front-line medical staff. Shannon said that since February 2nd, China's mask production has gradually increased. As of February 11th, the utilization rate of masks in China has reached 94%. In particular, the utilization rate of medical N95 masks is 128%, 8 provinces reach or exceed 100%, and the utilization rate of medical non N95 masks reaches 106%, with 10 provinces reaching or exceeding 100%.

In February 16th, the first reemployment enterprise in Hangzhou was chartered by the rework personnel, and the reworkers from Jiangxi Shangrao returned to Hangzhou. The transport was carried by Xiaoshan Tourism Automobile Co., Ltd., followed by 15 rework personnel from Hangzhou Xiaoshan Lin Fen textile company. The vehicle carrying 15 passengers, equipped with two class drivers, strictly implement the 50% seat of the Ministry of communications, do well the body temperature test before passengers get on the bus, urge the staff to wear good masks, and regulate the ventilation and disinfection work throughout the vehicle. On the same day, two double deck buses arrived at Jiange Longyuan Textile Co., Ltd., Jiaxing, Xiuzhou, Guangyuan from Jiange, Sichuan. The first batch of 52 workers returned to Jia in the applause of local Party members, cadres, medical staff and company colleagues.

In January 2020, Vietnam exported 107 thousand and 900 tons of yarn, a decrease of 22.28% compared to the same period, a decrease of 34.35% over the same period last year. This year (beginning in August 2019) Vietnam exported 875 thousand and 900 tons of yarn. In January, China remained the largest export destination, accounting for 46%, and the second and third largest export destinations were South Korea and Brazil, accounting for 10.6 and 3.8% respectively.

The European Commission announced on the evening of February 12th that the European Union would partially cancel the "total exemption (EBA)" of the weapons except for weapons, involving some clothing and footwear valued at about 1 billion euros, as well as all travel commodities and sugar products, accounting for 1/5 of Kampuchea's total exports to Europe because of the serious and systematic violation of the relevant provisions of human rights and other aspects related to the tariff preferences agreement in Kampuchea on February 12th evening. The statement pointed out that if the European Parliament and the European Council did not raise objections, the decision would take effect from August 12, 2020.

Market curve