Will China Cotton Store Buy Xinjiang Cotton And Cotton Prices Will Continue To Rise? Yarn Prices Have Fallen, When Will Gold Three Come?

Market brief

In March 5th, China Cotton Reserve Management Co., Ltd. planned to purchase 15000 tons of Xinjiang cotton, and the actual turnover was 3280 tons, with a turnover rate of 21.87%. The average price was 13565 yuan / ton, of which 3280 tons were in the mainland bank. In March 4th, the difference between domestic and international cotton prices was 636 yuan. This week (March 2-6), Xinjiang cotton entered the bid price (discount standard grade 3128B) 13565 yuan / ton, down 151 yuan / ton. There are less than 20 trading days left in March 31st, and it is suggested that the relevant enterprises should operate objectively and appropriately.

Zheng cotton small open low rise, bulls add positions obviously, market confidence improved, Zheng cotton oversold rebound, pay attention to 12900 yuan / ton near Zheng cotton performance. Spot cotton prices also rose slightly, and the Central Cotton store and the PICC Guangzhou branch planned to purchase Xinjiang cotton, a good market, and downstream textile enterprises resumed production and resumed production. The operating rate continued to rise, and downstream demand improved. However, some small and medium-sized textile enterprises are still cautious. Industry sales enthusiasm is higher, lint quotes are active, cotton gin factory mentality is calm, cotton holding up, the market has not seen a substantial reduction in the price of goods. With the rebound of Zheng cotton, it is expected that the cotton price trend is stronger in the near future. It is suggested that textile enterprises with low raw material inventory can make a small amount of replenishment, and we should pay attention to the Chen cotton warehouse receipt with high cost performance.

The price of acrylonitrile has been sorted and sorted, and the actual transaction price of some factories has reached a low level of 8500 yuan, which has reached a new low of four years. As part of the factory equipment is resumed or the load is raised, the supply of acrylonitrile is expected to be loose, but the terminal factory has a slow pace of resuming work and the demand for acrylonitrile is still normal. Acrylonitrile market prices continue to be weak, has now hit factory cost line, short-term acrylonitrile prices are expected to decline relatively limited, attention to the new factory news guidelines. Acrylic fiber staple market prices continue to stabilize, downstream factories slowly return to work, and all factories have raw materials inventory to be digested, acrylic fiber market turnover has continued to sluggish, the recent acrylic fiber industry overall production rate has increased, but raw materials acrylonitrile prices continue downward, acrylic fiber cost support weakened, factory side trader mentality temporarily stable, it is expected that short-term acrylic fiber staple prices will continue stability. Note the change of downstream demand.

China reserve cotton Management Co., Ltd. and PICC Guangzhou branch are planning to purchase a certain amount of Xinjiang cotton through the e cotton warehouse platform, and entrust the Limited by Share Ltd of the reserve cotton network (Limited by Share Ltd) to organize the implementation. The relevant matters are hereby announced as follows: the transaction time is tentatively scheduled for the period from March 16, 2020 to April 10, 2020. The number of daily listing is based on the announcement of the day. Through the central storage network belongs to e cotton warehouse platform trading system open bidding. The purchased cotton is produced in 2019/2020 and has been included in the sawtooth cotton with professional supervision of Xinjiang cotton. It requires that each batch of color grade white cotton 1, 2, 3, length 28mm and above, micron value level B and above, and the breaking strength is medium or higher. Cotton packaging should be made of cotton cloth and conform to the national standard for cotton packaging (GB6975-2013). After the cotton is sent to the storage warehouse, the designated fiber quality inspection organization shall organize the notarization inspection, and adopt the spot cutting and 100% inspection (i.e. bag inspection) method, and issue the inspection certificate of quality and weight.

Since January 20th, the China Industrial Textiles Association has comprehensively combed masks, medical protective clothing, disinfecting wet wipes and key raw materials of more than 1000 production enterprises, and contacted more than 300 key enterprises one by one to understand the situation and difficulties faced by enterprises, and to summarize all kinds of industry data. In January 25th, the China Industrial Textiles Association issued a proposal to the whole industry to resume work in advance, to ensure the supply of important materials such as masks and medical protective clothing. More than 400 member enterprises responded positively to the call of the association to make full efforts to resume production. As of February 29th, the total industry turnover rate was 80.2%, and workers' return rate was 70.5%.

A few days ago, Zibo, Shandong, issued the "opinions on speeding up the standardized construction of the chemical industry park in the city and upgrading the development level of the park". It proposed that, in the past three years or so, the four big 50 billion grade new materials and 000000 materials industries, such as polyolefin, polyurethane, fluorosilicone and engineering plastics, should be cultivated to cultivate three hundred billion chemical industrial clusters of stone oil chemical industry, fine chemical industry and new chemical materials. Within two years, the city's Chemical Industrial Park and specialized chemical park have been built into modern wisdom park. Zibo has also made clear that it will strictly assess the park and evaluate the differences between common content, industrial advantages and weaknesses of the chemical industry park in terms of compliance, construction and development, feedback and rectification, so as to speed up the industrial structure adjustment of 0, expand industrial clusters and upgrade the industrial level.

In recent days, Shishi has selected party members and cadres from the municipal authorities to settle down the town's textile and clothing regulations. According to statistics, Shishi textile and garment enterprises return to the regulation rate of more than 92%.

A few days ago, China's first list of textile products restricted substances list T/CNTAC 8-2018, the list of textile products restricted substances was officially promulgated and implemented. This is also the first technical document on the list of restricted substances for textile products launched in the form of group standard. ICAS introduction to the textile laboratory, the establishment of this standard refers to the main international standards and regulations, especially the latest development of REACH regulations. It has high authority and advanced nature. It is suggested that the relevant textile enterprises should learn, understand and master the relevant content and technical requirements of the standard as soon as possible. As the third party testing technology service organization, it will provide professional services for enterprises in terms of standard understanding, supply chain quality management, hazardous substances control and product quality supervision.

In March 15th, the labor protection gloves group standard (T/CTCA 6-2019) was officially released in Beijing and will be formally implemented in May 1, 2019. The China Textile Business Association, the unit's standard unit, said that the promulgation and implementation of the "labor protection gloves" group standard will play an active role in regulating the orderly competition in the industry and protecting workers' safety and health. Labor insurance gloves are one of the most frequent products used in production activities. There are a wide variety of products and a wide market demand. The original GB/T18843-2002 standard of plastic dipped gloves has been abolished.

According to statistics from the General Administration of statistics of Vietnam, the export volume of Vietnam in January (2020) was about $19 billion, a decrease of 15.8% compared with December (December), and a decrease of 14.3% compared with the same period last year. Among them, the export volume of Vietnamese enterprises was about 6 billion 310 million US dollars, a decrease of 11.4%, and the export volume (including crude oil) of foreign enterprises was about 12 billion 690 million dollars, reducing 15.7%. Among them, the export volume of textiles and clothing was 2 billion 600 million US dollars, a decrease of 21%. As for the export market, the United States exported the largest export market to Vietnam in January this year, with an export value of US $4 billion 800 million, a decrease of 7.6% compared with the same period last year. Secondly, China's exports amounted to US $3 billion 700 million, an increase of 32.8%; the EU's 2 billion 600 million US dollars decreased by 30.8%; the ASEAN Association's 1 billion 600 million US dollars, decreased by 34.8%; Japan's 1 billion 600 million dollars, decreased by 15.8%; South Korea 1 billion 300 million dollars, reducing the 1 billion 300 million. In January, the trade deficit was about US $100 million, of which the deficit exceeded 2 billion 400 million US dollars, while the foreign capital surplus was US $2 billion 300 million.

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