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    The Cost Is Down, And The Transaction Is Not Good. Is It Possible To Maintain Stability? Lack Of Substantive Trading, Sticky Short New Single Reproduction Low Price?

    2020/2/25 10:32:00 0

    Market Quotation

    Market brief

    In February 24th, China Cotton Reserve Management Co., Ltd. planned to purchase 7000 tons of Xinjiang cotton, and the actual turnover was 2000 tons, with a turnover rate of 28.57%. The average price was 13716 yuan / ton, of which Xinjiang warehouse was 0 tons, and the mainland warehouse was 2000 tons. Thirteenth weeks (24-28 February), Xinjiang cotton entered the bid price (discount standard grade 3128B) 13716 yuan / ton, up 44 yuan / ton.

    Zheng cotton suffered a bull run, low opening and low walking, and the short term concussion dropped 12400 yuan / ton nearby. Spot cotton prices fell slightly, road transport in many areas resumed unimpeded, cotton textile enterprises resumed production and production increased significantly, lint turnover continued to rise, traders and cotton mills increased their spot price enthusiasm. According to market understanding, Xinjiang cotton regulatory database has resumed 70% in recent years, of which about 45% of the warehouses not only carry out online business, but also handle railway transportation. Has not yet resumed, the mainland warehouse lint shipment started one after another, the market expectations for the future, but short-term demand for cotton is still weak, plus Zheng cotton down, the industry is still cautious, cotton prices rise kinetic energy is insufficient, is expected to continue the trend of shock finishing.

    Acrylonitrile mainstream factory quotas declined to 9000 yuan / ton, or even lower, terminal factories slowly returned to work, mainstream downstream plant load is still low, acrylonitrile market trading atmosphere is not good, intermediate business reference factory prices, terminal demand performance is poor, acrylonitrile market bearish atmosphere continues, short term acrylonitrile market prices will continue weak shock. Acrylic fiber market temporarily stable finishing, 1.5D acrylic fiber temporary reference 13700-14200 yuan / ton, downstream demand performance in general, acrylic factory operator mentality is stable, factory device load is still not high, production and marketing is not strong, recent raw material acrylonitrile price is weak down, acrylic fiber cost support weakened, acrylic fiber price reduction possibility increases, need to pay attention to factory price guidelines, predict short-term acrylic fiber price stabilization. 。

    On the morning of February 24th, the Information Office of the State Council held a press conference. Cong Liang, member of the Party committee and Secretary General of the national development and Reform Commission, said that the next step will be to focus on the implementation of the central economic work conference's deployment, active fiscal policy, more active and prudent monetary policy to be more flexible and moderate, and continue to study targeted tax reduction and fee reduction measures to help SMEs overcome difficulties, and actively expand domestic effective demand and promote consumption. Fee recovery and potential release, play a key role in investment, strengthen labor, land, capital and other elements of security, speed up the construction of new projects and progress of new projects, and do a good job of maintaining stability.

    The Secretary General of the national development and Reform Commission, Cong Liang, said at a news conference held by the State Administration of new China on 24 July that after efforts, the output of N95 in February 22nd has reached 919 thousand. In recent days, the daily dispatching volume to Wuhan is over 150 thousand, plus Wuhan's local production, which can supply more than 300 thousand medical N95 masks per day, which can fully protect the more than 60 thousand front-line medical staff. Yes. At present, 30 provinces, municipalities and cities except Tibet have been newly masked production lines, and new masks line has been put into operation. As of February 22nd, the daily output of respirators in China has reached 54 million 770 thousand, 2.8 times higher than that in February 1st, and 570 million masks have been produced in nearly 20 days.

    In February 21st, Pu Yuan woolen sweater market in Tongxiang, Zhejiang, ushered in a comprehensive resumption after the lunar new year. The 20 market trading areas including Pu Yuan fashion center, China World Trade Center famous brand port, World Trade Center, international fashion city and so on, were under the reboot line of Pu Yuan woolen sweater market, and a total of more than 3000 business households had entered the business. Since February 15th, Pu Yuan woolen sweater market has realized "online recycling", opening up online market space, and driving enterprises to resume work and resume production. At present, the market has reached a total turnover of 130 million yuan through online live mode such as live broadcasting, electronic business platform and own platform. According to the epidemic prevention requirements, the market of the Pu market was refined into 20 closed loop management blocks, and checkpoints were set up at various entrances and exits, and body temperature measurements were carried out on the operators, purchasers and market practitioners entering the market, and the epidemic prevention and control measures were implemented.

    Sort out cloth, arrange color cards, and add new products. Since the resumption of the physical market of Textile City in February 18th, the bustling figure of operators has been seen everywhere in the big market. It has welcomed the eight party guests with a new look. "We came back from Wenzhou in the fourth day of the year. When the market resumed, I came to the retail department and hung up the new products produced at the end of last year." Zhao Jianhua, who runs a "husband and wife shop" in the East market, said, "Hua Xia textile" is mainly in the woollen and woolen series. "This special yarn and silver new products have just arrived and many customers have consulted. I am still confident in this year's business." The head of the textile and urban construction management committee said that as of 4 p.m. in February 19th, there were 15173 regenerated business households, with a total turnover rate of 67.2%. Two days, they received 25670 people from home and abroad, and the total transaction volume reached 364 million yuan.

    By the end of February 24th, enterprises in most parts of Hebei had completed about 70% recovery, but due to the lack of orders and the difficulty of returning workers from other fields, the capacity recovery of enterprises was relatively slow. According to Shijiazhuang, Gaoyang and other textile mills, the biggest problem is the order. Because downstream production capacity is low and orders are few, most of the cotton mill depends on the order production before year. In addition, due to the impact of the epidemic, some of the orders appeared quite a few years ago. Therefore, although many workers have already arrived at the factory, the production line can not be fully activated at the moment.

    According to the Jordanian times, MuneerDeyeh, general manager of Jordan textile and garment industry in February 15th, pointed out that the sales of textile and apparel retailers fell 70% in the first 45 days of this year compared with the same period last year, calling on the Jordanian government to take intensified measures to save the industry from the difficulties it faced since 2016. Deyeh continues to point out that many shops, especially small ones, are worst hit in the textile and garment industry, or even 70 days in 1 days. The cost of sales tax, tariff, electricity and rentals will be greatly reduced, so as to save the industry crisis. The textile and garment industry plays an important role in the economic development of Jordan, with a total of 52000 employees. This crisis threatens to close the fate of 10800 clothing stores. The government is called upon to take urgent actions and measures to cope with this challenge in the face of major crises in the industry.

    A commentator article published in Bangladesh's Financial Express in February 23rd said that because the outbreak of new crown pneumonia has caused great harm to China's second largest economy in the world, any country closely related to China's economy and trade should pay attention to the economic and trade impact it will receive. About 30% of Bangladesh's total imports come from China, and many textile industries use raw materials from China. As of February 21st, the volume and value of goods imported from China decreased by 20.87% and 8.29% respectively from January 1st to date. In particular, the Meng textile industry was hit hard by the decline in imports of raw materials. It is impossible for Meng to import imported textile products from other imported channels to substitute products from other alternative channels. Local raw materials and other subsidiary materials processing enterprises take advantage of this opportunity to raise the price of products.

    Market curve

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