Acrylonitrile Is Dropping. How Much Is The Expected Reduction Of Acrylic Fiber? Yarns Are Priceless, Market, Or Bottom?

Market brief

Zhengmian low open and high, the main contract increased significantly, short-term Zheng cotton will continue to rise. The demand for cotton lint continues to rise slightly, and demand is still weak at present, and the order of cotton yarn and grey fabric is not enough, and the purchasing power of the cotton mill is not high. In the face of Zheng cotton's rise, the cotton mill has a wait-and-see attitude, the lint volume has shrunk, and the market confidence has not been enough, and the cotton price is still lower than the processing cost. The spot sale is mainly based on the trader's base price difference. The short term demand side is difficult to improve obviously. Buyers and sellers are still on the sidelines. It is estimated that the cotton price will continue to rise with limited space.

Acrylonitrile prices continue to decline in recent years, and the main raw material propylene slightly explored, acrylonitrile has fallen below the cost line, but terminal demand is hard to find, downstream acrylic equipment and other industries load is relatively low, coupled with the new device is expected to continue to run, the supply is still loose, there is no obvious support for Fundamentals, businesses are not confident enough, it is estimated that the price of chicken skin short city acrylonitrile will be dimensional. Weak shocks. The price of acrylic fiber is uneven, and there is a lack of support for downstream demand. The acrylic plant has many stocks to be digested, and the enthusiasm of manufacturers has declined. Most factories have reduced production and output, and the market has not been able to produce a good atmosphere. The price of raw acrylonitrile has continued to decline, and the acrylic fiber theory has made a lot of profits. But the market atmosphere is light, manufacturers are not selling well, and the factory offer adjustment is of little significance. The prices of staple fibers are maintained in a horizontal manner.

A spokesman for the Ministry of Commerce said that at present, the resumption of production and trade of foreign trade enterprises is being carried out in an orderly way. More than 76% of the key foreign trade enterprises in China have a capacity recovery rate of over 70%. In March, the new PMI export index and import index of manufacturing industry rose by 17.7 and 16.5 percentage points respectively compared with February. But at the same time, the impact of the global spread of the epidemic on the world economy and international trade is gradually emerging. According to our investigation of key areas, key industries and key enterprises, some foreign trade enterprises have been affected by the delay or cancellation of hand orders, especially in textile, clothing and other consumer industries. In the early stage, we have promulgated a series of policies to stabilize foreign trade, and we will firmly implement the following policies. We will try our best to relieve the difficulties of foreign trade enterprises in the light of the changing situation and strive to minimize the impact of the epidemic on foreign trade and stabilize the basic foreign trade market.

To promote the development of China's Textile Industry Design Center (industrial design enterprise), promote the development of textile industry design industry, and accelerate the realization of the goal of China's textile power, the China Textile Federation has been actively carrying out the cultivation and evaluation of China's textile industry design center since 2018. According to the spirit of the Chinese textile industry design center evaluation management method (Trial Implementation), we are now carrying out the cultivation and evaluation of the 2020 China Textile Industry Design Center, and organizing the review of the 2018 China Textile Industry Design Center. Specific requirements for declaration and review are detailed in the official website of China Federation of textile industry.

In order to further implement the "three products" strategy of the consumer goods industry, speed up the structural reform of the supply side of Hebei's textile and garment industry, enhance the ability of creative design and independent brand building, Hebei has decided to carry out the declaration project of the pilot project of textile and garment industry creative design. To this end, the Hebei provincial chamber of Commerce has formulated the "2020 textile and clothing industry creative design pilot demonstration project declaration guide". Key support for demonstration park (platform) construction and pilot enterprise upgrading projects in the province. The demonstration park (platform) project is mainly engaged in the creative design work of related products such as R & D, product development, production process and consumption experience in the textile and apparel industry chain, providing creative design support for textile and garment enterprises. The pilot project has high design capability, technology, management level, market development capability and brand influence. It has strong core competitiveness in the same industry and can play a leading role in the industry. Eligible parks and enterprises can sign up and submit the paper materials to the county level industry and credit department. After verification by all departments, the recommended materials will be submitted to the Hebei provincial labour office by April 30th.

Jilin chemical fiber group achieved a total industrial output value of 2 billion 837 million yuan in the first quarter, an increase of 0.6% over the same period last year. It has achieved 26.7% of the annual target and achieved the best level in history. The output of the product reached 136 thousand tons, an increase of 10% over the same period last year, and the direct export of the fiber was 24 thousand tons, an increase of 77% over the same period, and the export earning of foreign exchange reached 63 million 580 thousand dollars, up 28% over the same period last year. The company actively adjusts the structure of acrylic products, continues to increase the upgrading of differential acrylic products and market promotion, and the market share of anti pilling fiber reaches 80%. The performance of new products such as fine denier and Chinese velvet fibers has been continuously improved, and the sales volume of high strength acrylic fiber has reached 8500 tons in foreign markets. In the first quarter, acrylic fiber exports directly to 11266 tons, an increase of 17% over the previous year, a record high, which fully reflects the market value of the products.

According to the statistics of the national cotton trading market database for Xinjiang verification point, in 2020 March, the volume of highway transportation was 223 thousand and 300 tons, an increase of 217 thousand and 800 tons. Among them, the largest flow of cotton to Shandong is the largest flow in the province, which is 66 thousand and 300 tons, accounting for 29.7% of road traffic in March. The second place is Henan Province, with a transportation volume of 64 thousand tons, accounting for 28.7% of highway traffic in March; third of Jiangsu Province, 22 thousand and 600 tons of transport volume, accounting for 10.1% of highway traffic in March. The top three provinces have a total transport volume of 153 thousand tons, accounting for 68.5% of road traffic in March.

In April 8th, the website of Zhejiang provincial market supervision and Administration Bureau announced the results of supervision and inspection of Zhejiang dyeing and printing products in 2019. According to the regulations of the PRC on the quality of products and the regulations on the supervision of product quality in Zhejiang, the Zhejiang provincial market supervision and Administration Bureau launched the supervision and spot check of the printing and dyeing products in Hangzhou in the second quarter of 2019, and sampled 32 batches of dyeing and printing products from 32 enterprises in 4 districts, including Shaoxing, Huzhou and Jinhua, with 0 batches of disqualification and 0% unqualified batches.

A document on the website of the US Food and Drug Administration (FDA) shows that FDA has provided EUA authorization for some types of masks produced by 4 Chinese companies, namely, BYD precision, BeiBeiSafetyCo., Ltd (headquartered in Taiwan, China), Fujian courtier commodity Limited company, and venney Technology Development Co., Ltd. FDA has excluded the Chinese standard KN95 mask from the scope of authorization. This newly issued document marks the formal recognition of the KN95 mask produced by the Chinese standard.

Recently, Nike announced on the official website that Nike has been trying to produce personal protective equipment recently to help medical personnel lacking protective devices during the epidemic. Nike will try to transform shoe making materials, produce protective masks and electric dust respirators. The elastic sole material of Nike Air series sports shoes is used on the protective mask, while the elastic belt comes from the recycling material. Affected by the epidemic, many sporting goods companies have "changed careers". In addition to Nike, many sporting goods companies began producing medical supplies such as masks, protective clothing and protective masks. New Balance, the famous American shoe brand, is also making masks. Sports brand Decathlon is studying to transform the snorkeling mask into a medical respirator for non-invasive ventilator.

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