In A Messy Price War, The Hotels Around The Downstream Businesses Are Full Of Yarn Salesmen, And The Market Is More Confused.

Market brief

Zheng cotton concussion concussion, the main contract many small added positions, lack of demand, short-term Zheng cotton will maintain the regional concussion trend. Spot cotton prices stabilize the market outlook, terminal demand continues to be weak, cotton mills keep pace with the use of mining, the purchase and sale of lint is not warm. Xinjiang cotton has cut down its freight rate. Due to poor demand, the recent export volume is not large, and the domestic cotton lint's high commercial inventory situation has not been improved. At present, the price of the mainstream cotton market is still lower than its processing cost. The cotton mill is still in a deficit situation. Under the pressure of storage funds and so on, the management of the flower mill is facing difficulties. The demand for flowers is strong. It is estimated that spot cotton prices will be stable and concussion in the near future, and concern about the rising space and sustainability of Zheng cotton.

Acrylonitrile prices continue to be weak, the downstream acrylic fiber plant load continues to decline, while acrylonitrile plant load is still relatively high, the supply side is relatively loose, the market looks at the air atmosphere, there is no shortage of low prices in the circulation sector, some businesses are cautious about trading, the market continues to be chaotic, the downstream users wait and see, the market is generally in the atmosphere, and the raw material prices are very low. Continued rising, acrylonitrile prices fell below the cost line, short-term concerns factory information guidelines, expected market prices are weak and volatile. Acrylic fiber prices continue to be stable, terminal demand performance is general, downstream user purchasing enthusiasm is not high, acrylic fiber industry equipment load continues to decline, manufacturers digestion inventory mainly, at present, cost support continues to weaken, factory offer guidance significance is limited, short term acrylic fiber price is expected to be sideways.

In April 10th, the customs formally issued the "Customs General Administration Announcement No. fifty-third 2020". Since April 10th, export commodities have been inspected for 11 medical supplies, such as medical masks, medical protective clothing and medical disinfectants under 19 commodity numbered items such as "6307900010". The legal inspection is that the regulatory requirements on the customs declaration form are A (import) or B (export) goods. When customs declaration is provided, the customs clearance must be provided by the Commodity Inspection Bureau, that is, statutory inspection of goods. If there is no A or B, it is not a statutory inspection of goods. No customs clearance is required during customs clearance. The term of supervision is "A", which means that import inspection and quarantine must be carried out. The term of supervision is "B", indicating that it is necessary to carry out exit inspection and quarantine. Therefore, the legal inspection means that it must be submitted for inspection, and it can only be shipped after customs inspection. In other words, the customs inspection will only pass the customs clearance certificate issued by the local entry exit inspection and Quarantine Bureau. If the inspection fails, it can not be exported, and it may involve fines. This sudden change has shown that the import and export supervision of some of the epidemic prevention products, such as masks, will be super strict.

In April 10th, the Huasheng Textile Industrial Park base of Wudi Economic Development Zone in Binzhou, Shandong province held the Shandong Huasheng Textile Science and Technology Industrial Park Investment Promotion Conference and the opening ceremony of the innovation factory, marking the start of construction of the modern textile science and Technology Industrial Park project with a total investment of 2 billion yuan in Wudi county. Shandong Huasheng Textile Science and Technology Industrial Park is a modern textile science and technology industrial park developed by Hongkong Huasheng Group and Ningbo private science and Technology Investment Co., Ltd. jointly established by Shandong Huasheng Creative Technology Limited in Wudi Economic Development Zone, which integrates R & D, weaving, dyeing and finishing, and garments. The total investment of the project is 2 billion yuan. After completion, it is expected to achieve an annual output value of 10 billion yuan. Now the tax is 1 billion yuan, and 5000 people are employed. "We have mastered subversive knitted fabric pre processing and post-processing flat width processing technology. The dyeing process takes only 6 hours, 40 to 50 tons of water, and 70% of water saving with general technology." Chen Hailin, chairman of Hongkong Huasheng Group, said that Huasheng Group has already mastered the technology of ultrasonic dyeing and cold pad dyeing, and has carried out trial production. It is expected to be put into operation in half a year, and the Wudi plant will also adopt these technologies in an all-round way.

FZ/T issued by the Ministry of industry and information technology and the cotton textile branch of the national textile Standardization Technical Committee. 12061-2019 the five industry standards of viscose nylon / polyester (PBT) rabbit hair wrapped core yarn, "FZ/T13047-2019 cotton and nitrile blended fabric", "FZ/T12062-2019 viscose fiber colored yarn", "FZ/T13021-2019 cotton spandex elastic fabric" and "FZ/T12063-2019 polyester wool blended yarn" are officially implemented in April 1st. The first drafting units of the above standards are: Fujian Jin Yuan Textile Co., Ltd., Zibo Yin Shilai Textile Co., Ltd., Zhejiang Jila Liang silk new material Co., Ltd., Qingdao textile fabric Co., Ltd., Wenshang Ruyi technology Textile Co., Ltd.

On the morning of April 10th, the Wujiang district held a forum on the development of textile industry, and thoroughly understood the situation of textile enterprises' epidemic prevention and control, resumed production and the difficulties encountered in production and operation, and discussed the countermeasures to deal with the epidemic situation and support the development of enterprises. At the forum, the weaving organizations, the printing and dyeing Association, the market association, the knitted chamber of Commerce, the coating chamber of Commerce, the Fujian chamber of Commerce, the Guangdong chamber of Commerce, the Hubei chamber of Commerce, the silk net and other organizations were responsible for the development of the textile industry. The situation of resumption of production and production in Wujiang's textile industry has remained stable. However, due to the global spread of the new crown pneumonia epidemic, the export orders have suffered a serious decline recently, which has a great impact on the production and operation of the textile industry. At present, most textile enterprises have resumed production and resumed production. Some textile enterprises have been trying to maintain production in order to stabilize their employees and fulfill their social responsibilities. It is understood that in the coming months, the difficulty of maintaining the current stable starting situation in textile industry will be significantly increased.

A few days ago, the foundation laying ceremony of the 200 thousand spinning and weaving project invested by Sichuan Zhongda Real Estate Co., Ltd. was held at the Guyuan Development Zone project in Ningxia. It is understood that the 200 thousand spindles textile project launched is a textile industry chain project which integrates spinning, weaving and clothing. The total area of the project is 198.37 mu, and the total estimated investment of the project is 1 billion 360 million, which is divided into two phases. In 2020, it completed a 100 thousand yuan investment of 680 million yuan and reached the goal of operation. In 2021, it completed two phases 100 thousand yuan and 680 million yuan investment and put into operation. After the completion of the project, it is estimated that the total industrial output value will reach 1 billion yuan, 150 million yuan in profits and taxes, and 1500 people in employment. It will effectively promote the development of Guyuan's textile and garment industry, promote the formation of textile industrial clusters, further expand employment and promote poverty alleviation and prosperity.

In March 30th, the European Council approved the EU and Vietnam free trade agreement (EVFTA) in written form. ETFVA was approved by the European Parliament in February 12th at the plenary meeting in France. According to the process, the EVFTA agreement will be implemented 30 days after the approval of the Vietnamese Parliament and the completion of the procedures and notification procedures. For Vietnam's exports, after the agreement comes into effect, the EU will cancel the import tax of about 85.6% of the tax items, which is equivalent to 70.3% of Vietnam's export commodity tariffs to the EU. 7 years after the entry into force of the agreement, the EU will cancel the import duty of 99.2% tariff items, which is equivalent to 99.7% of Vietnam's export tariff. For the remaining 0.3%, the EU has committed itself to exemption from customs duties. In general, Vietnam's exports to the EU almost 100% will be exempt from import duties. Up to now, this is the highest commitment Vietnam has made to Vietnam in the signed FTA agreement.

In April 6th, the Ministry of industry and trade of Vietnam issued an announcement on anti-dumping filing. It decided to apply to Vietnam's domestic enterprises to initiate anti-dumping investigations on polyester filament yarn products originating in China, India, Indonesia and Malaysia, involving products from Vietnam customs tariff No. 5402.33.00, 5402.46.00 and 5402.47.00. The dumping investigation period is 2019, and the investigation period is from 2017 to 2019. For details, please consult the legal department of China Textiles Import and export chamber, telephone 010-67739280.

Recently, the International Federation of textile manufacturers ITMF investigated the impact of the new crown epidemic on the global textile value chain, especially the impact on current orders and expected turnover in 2020. 34 companies from around the world participated in the survey. The survey shows that orders have been reduced by 8% worldwide. The results show that the average number of Companies in all regions of the world has been cancelled and / or postponed. From the world average, the current orders fell by 8%. Orders fell from 4% in South America to 13.3% in Africa. The results show that the average turnover of Companies in all regions in 2020 is expected to be significantly lower than that in 2019. On the world average, the turnover in 2020 is expected to be 10.5% lower than that in 2019. In North America, the average decline is expected to be 7.5%, while European companies are expected to fall by 17.5%.

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