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    Short And Short Stick Will Weaken? What Is The Turning Point Of Demand For Yarn Enterprises?

    2020/3/9 11:28:00 1

    Textile Market

    Market brief

    In March 6th, China Cotton Reserve Management Co., Ltd. planned to purchase 15000 tons of Xinjiang cotton, and the actual turnover was 15000 tons, with a turnover rate of 100%. The average price was 13552 yuan / ton, of which 15000 tons were in the mainland bank. Fifteenth weeks (March 9th -13), Xinjiang cotton entered the bidding price limit (discount standard 3128B) 13144 yuan / ton, down 421 yuan / ton. From December 2nd to March 6th, the total turnover of Xinjiang cotton reached 196640 tons, of which 12480 tons were accumulated in the Xinjiang warehouse, and 184160 tons in the mainland stock market. A total of 92 enterprises were auctions.

    Affected by the outbreak, foreign merchandise generally fell, Zheng cotton fell, paying attention to the performance of Zheng cotton near 12200 yuan / ton. The spot price of lint is temporarily stable, the spot market is flat, and the downstream users follow suit. The main demand is small orders. Traders are also cautious in purchasing. The scale of the cotton trade is generally limited, and the profit margin is still insufficient to limit the operational enthusiasm. Some cotton enterprises are full of confidence in the future market and continue to sell at a high price. The market waits for a stronger atmosphere. In the short term, there is no new breakthrough in the sale and purchase of lint cotton. Rising support is still insufficient, and the lint trend is expected to continue in the near future.

    The price of acrylonitrile is difficult to change, and the price of pre contract receipts from mainstream factories has been reduced to 8800 yuan / ton, the low level has been around 8500, and the middlemen have been weak in the spot market. Some of the market prices have fallen below the factory cost line, and traders are cautious in their trading positions. The market is still trading generally. The atmosphere is still alive, but in recent years, the price of raw propylene has been adjusted, and cost support has been strengthened. Acrylic staple fiber prices remained stable, downstream factories resumed slow pace, manufacturers need to digest raw materials inventory, raw materials and acrylonitrile prices in the near future, acrylic fiber factory profit increased, but acrylic fiber market generally traded, manufacturers offer a stable mentality, short term acrylic fiber prices are expected to remain stable.

    According to the latest statistics of the General Administration of Customs of China, the export volume of textiles and clothing in China in 2020 1-2 was 29 billion 835 million US dollars, down 19.96% from the same period last year. Among them, exports of textiles (including textile yarns, fabrics and articles) amounted to US $13 billion 773 million, down 19.9% compared to the same period last year. Exports of garments (including garments and accessories) were US $16 billion 62 million, down 20% from the same period last year. In addition, imports of textiles, including textile yarns, fabrics and articles, amounted to US $2 billion 462 million 600 thousand, an increase of 12.4% over the same period last year.

    In March, the domestic cotton textile enterprises resumed production and resumed production speeded up, and the order recovery amount of cotton textile enterprises was around 70%. Large enterprises in Shandong and Jiangsu and Zhejiang provinces have better orders, with orders reaching more than 80% of normal level, and export orders recovering slightly slower, basically returning to 50%-80%'s range. With the gradual recovery of the industrial chain and smooth circulation, the order recovery volume will continue to improve, and the demand for raw materials for cotton textile enterprises will increase. At present, about 90% of the chemical fiber enterprises have been started, and the raw materials for cotton spinning are more abundant. Xinjiang cotton is also gradually recovering from transportation in Xinjiang, so as to ensure the demand for cotton for textile enterprises.

    Reporters from the Guangzhou International Textile City issued the latest announcement learned that the big textile business circle is about to usher in a new market, Guangzhou International Light Textile City decided to open on March 10th (Tuesday) officially opened business! The Guangzhou Zhongmao textile business circle, which is located in the international light textile city of Guangzhou, has developed about 30 sub markets through nearly 20 years of development. More than 6000 textile merchants, with an annual turnover of more than 20 billion RMB, has become the most important textile resource purchasing place and distributing center in Guangdong and even Southern China. It is one of the most important textile wholesale markets in China. Guangzhou International Textile City, located in Haizhuqu District, Guangzhou, is located in the core position of China textile business circle. The project has two floors and seven floors on the ground, with a total construction area of about 310 thousand square meters, with 4000 shops. At present, there are more than 3000 brands of fabrics and accessories at home and abroad.

    On the afternoon of March 5th, vice mayor Zeng Yue chaired the Forum on the development of the industry in the conference room of the great wool weaving Commission, and discussed the situation facing the development of the wool industry and the future development of the industry. Honorary chairman and senior consultant Chen Xipei, association consultant Chen Guide, chairman of the association Ye Peihua, chairman of Dongguan textile and yarn industry association Du Zhirong and other entrepreneurs spoke enthusiastically. The wool weaving industry is a pillar industry in Dalang. Combined with the suggestions and visits of the enterprises, vice mayor Zeng Yue put forward the following six ideas: first, to enlarge the market, the two is to strengthen the carrier, and the three is to do well. The four is to improve logistics, and the five is to make strong advantages. The six is to build platforms.

    Zhejiang Jinggong Polytron Technologies Inc revealed in February 26th that as of February 25th, the Jinggong robot has signed a total of 30 sets of masks production line (contract), the total amount of the contract is RMB 12 million 195 thousand yuan (of which, the deposit has arrived 6 million 370 thousand yuan), and 45 sets of intent orders are in negotiation. According to the contract, the date of delivery of the mask production line is before the end of March 2020. After preliminary calculation by the financial department, if the 30 sets (mask) mask production line is fully delivered, the gross profit margin is expected to be around 30%.

    The business daily has recently reported that the East African community has decided to raise the tariff ceiling. The agreement means that the eastern community will impose a 32% tariff on all manufactured goods. The private sector is also promoting additional tariffs on low, dumping and subsidized commodities.

    The Thailand government has opened workshops in offices, schools and temples throughout the country to teach people how to make self-made masks to cope with the short supply of masks, and urged textile companies to sell masks as soon as possible, with a single price of no more than 8 cents to cope with the outbreak of new crown pneumonia, and businesses will face a 5 year prison sentence.

    Market curve

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