Polyester And Short Production And Sales Volume Is Reluctant To Sell, Sticky Short, More Stir Fried News, Yarn Market Is Light, Raw Materials Edge Qi Qi Force?

Market brief

Zheng cotton low and low, the main contract shorted up obviously, the United States cotton shock down, poor demand, foreign trade orders scattered back, it is expected that the recent Zheng cotton still shock finishing. Zheng cotton sharply lower opening stimulated domestic cotton traders and cotton textile enterprises to purchase enthusiasm, lint spot trading improved, but toll roads nationwide resumed toll collection, Xinjiang cotton Xinjiang highway freight increased by 100-200 yuan / ton, Xinjiang cotton shipments decreased significantly, the advantage of new cotton in the mainland increased, some cotton trade enterprises took the opportunity to raise the basis, and the price of one price changed. At present, there is a continuous weakening expectation of downstream demand. With the restriction of US cotton weakening, it is estimated that the short term cotton price rise is still not large enough to continue the trend of oscillation and pay attention to weather and policy guidance.

May 6th cotton warehouse receipt situation: 27635 registered warehouse receipts, an increase of 60 compared with yesterday; effective forecast of 4231, compared with the previous trading day increased by 58; warehouse receipts and forecast total 31866 pieces, equivalent to 1 million 274 thousand and 640 tons of cotton.

The price of acrylonitrile is narrow, and the mainstream factory offer is stable. The mainstream quotation of the market is 6200-7000 yuan / ton, and the middleman is cautious about trading. Some of the business contracts are sold, and the lower reaches are mainly on the sidelines. The firm turnover is still limited. The factory overhaul plan and the production plan coexist this month. Traders are cautious about maintaining the mentality of the trader. The demand for acrylonitrile increased, and short term acrylonitrile prices were expected to narrow. Acrylic staple fiber prices remained stable. Last month, after the fall in acrylic fiber prices, some downstream factories have already made purchases. Currently, we are expecting more information on raw materials and acrylonitrile, and the market returns to be tame.

Recently, the "investment Xinjiang" on line and the introduction of the "investment cloud" signing project in the Xinjiang Uygur Autonomous Region, the Shaxian County people's Government of the Ying Ji and Jiangsu Nantong comfortable Textile Co., Ltd. and Jiangsu Nantong pill one Clothing Co., Ltd. successfully signed the contract. The project is located in the two phase of Xincheng Industrial Park, covering an area of 16000 square meters. It mainly produces high-end fashion, shirts, dresses, trousers and so on. The two projects plan to invest 40 million yuan respectively in two phases. The first phase of the project is expected to be put into operation by the end of May this year. The two phase is expected to be completed by the end of the year. It is estimated that the annual output of 4 million garments will reach 1500 or so.

Shijiazhuang Changshan North Ming Polytron Technologies Inc recently announced that due to changes in the market environment and the company's business strategy, the company intends to terminate its investment in Xinjiang to build a comprehensive textile and clothing project. It was learned from the announcement that the project in northern Ming, Changshan, invested 1 billion 311 million yuan, planned 676.6 acres of land acquisition, and the scale of construction was 200 thousand spindles and 1000 air-jet looms. After the completion of the project, the average annual sales revenue is expected to reach 1 billion 463 million yuan, with an average annual net profit of 176 million 564 thousand and 600 yuan. The total investment of the first phase project is 590 million yuan, mainly building 90 thousand spindles and 400 air-jet looms. The annual sales income is 450 million yuan and the average annual net profit is 45 million 160 thousand yuan. The project is divided into two phases. It was originally planned to start in May 2017, with a construction period of 18 months. Changshan North Ming said that along with the global economic downturn, the domestic and foreign textile markets were in a state of depression. Xinjiang's support policy for the textile industry has also been adjusted to some extent, and the investment risk of the project has increased. In addition, the company has increased investment and support for the software sector, and reduced the initial production of textile plates and the low added value production capacity, in order to reduce investment risks. The company intends to terminate the implementation of the project.

In April 29th, the Qingdao network red live base project was signed in Qingdao Jimo Home Expo Center. At the signing ceremony, there were Wanda Plaza Project in Qingdao Jimo District, a large number of live broadcast platform industrial belt projects, the North China operation headquarters of flying technology, the red incubation base of Qingdao Zonze net, the Tencent live broadcasting base of Yu Xin (North), the collection of intelligent manufacturing supply chain platform, the ink cloud live broadcasting base, the Sino Kun poly Lin (Qingdao) international trade headquarters base, and the 8 projects were signed and settled in the international trade city. It will speed up the transformation of Jimo's textile and garment industry and the market and Commerce and industry. From the garment industry belt as the entry point, we should focus on helping the clothing market to make use of the advantages of the live broadcasting platform and jointly "stabilize foreign trade, expand domestic demand and promote consumption", and promote the transformation and development of Jimo's textile and garment industry.

In April 30th, Shandong province organized a symposium on ecological construction of textile and garment home textile industry in Binzhou. At the symposium, the provincial industrial and commercial office reported on the idea of ecological construction of the textile and garment industry in the province, and made 7 speeches, including Wei Qiao venture, di Shang Group, Yi Fa group, Lu Tai textile, cheerful home textile, Fu Tian holdings and Kangping Na group. It is understood that there are nearly 500 textile enterprises in Binzhou. Among them, there are 178 Enterprises above Designated Size and 30 employees, who are processing 1 million 500 thousand tons of raw cotton, 11 million spindles, 3 billion meters of cloth and 20 million garments. In 2019, the main business income of the textile industry cluster reached 156 billion 760 million yuan.

In April 26th, Haining, Zhejiang organized the Symposium on the collection and upgrading of the modern textile finishing industry (printing and dyeing industry). The conference is divided into two stages. The first stage is the forum of departments and relevant local governments. The second stage is a symposium of printing and dyeing enterprises and trade associations. At the meeting, the Haining Municipal Bureau of information and Communications Bureau focused on the "Haining modern textile finishing industry cluster to enhance the quality of development advice", to seek relevant departments, territories and enterprises and industry associations. The various units of the conference discussed the objectives, standards and policies and measures of the "development opinion", and discussed their difficulties in detail.

On the evening of April 29th, Sichuan's Cmi Holdings Ltd released its annual report in 2019, showing that during the reporting period, the total revenue of the company reached 331 million yuan, down 14.59% from the same period last year, achieving a net profit of 15 million 838 thousand and 200 yuan, down 45.69% from 2018. For the decline in performance, the company said that it was mainly affected by the economic downturn in 2019, weak consumer market and warm winter, and so on, which led to further competition in the industry, resulting in difficulties in production and operation. Among them, underwear business income of 110 million yuan, down 29.6% compared with the same period last year; shorts realized operating income of 168 million yuan, down 5.25% compared with the same period last year; bra sales income of 9 million 560 thousand yuan, an increase of 11.75% over the same period last year. Other businesses achieved operating income of 860 thousand yuan, an increase of 13.33% over the same period last year. Sha Sha shares said that the increase in other business revenue was mainly due to the increase in the royalty income during the reporting period.

To help adjust the industrial structure of the chemical industry, the Jiangsu provincial government investment fund will set up a special sub Fund: Jiangsu chemical industrial restructuring fund. According to the establishment plan of the fund, the guidelines for the submission of investment funds of Jiangsu chemical industry structure adjustment were officially announced to the public in April 30th, and the sub fund collection work was officially launched. The fund will mainly support the transformation and upgrading of the chemical industry, the optimization and transformation of chemical industrial parks, the remediation of land in chemical industrial parks, and the reutilization of land for reclaiming, so as to build a green and modern high-end chemical industry that is in line with the laws of industrial development, circular development and industrial chain improvement. The first phase is 10 billion yuan, with a total target size of 20 billion yuan.

The US Department of agriculture report shows that on April 2020 17-23, the net signing volume of 2019/20 cotton in the United States was 98 thousand and 600 tons, a significant increase over the previous week. The new signing came mainly from China (95 thousand and 800 tons), Vietnam (3152 tons), Pakistan (907 tons), Bangladesh (589 tons) and Malaysia (317 tons). The main cancellation of the contract is Turkey (2086 tons). In the US 2020/21, the net export volume of mainland cotton was 33 thousand and 600 tons, and the buyers were China (26 thousand and 100 tons), Turkey (3787 tons) and Vietnam (2699 tons). The US 2019/20 cotton shipments were 57 thousand and 500 tonnes, 5% less than the previous week, 31% less than that of the previous four weeks, mainly shipped to Vietnam (16 thousand and 300 tons), Turkey (3787 tons), Pakistan (7983 tons), China (6554 tons) and Bangladesh (6033 tons). In 2019/20, the net contract volume of Pima cotton in the United States was 90 tons, 82% less than the previous week, and 60% lower than the average value of the previous four weeks. The new signing came mainly from Turkey (45 tons) and Indonesia (45 tons). The US 2019/20 Pima cotton transport volume was 1587 tons, 1% less than the previous week, 67% less than that of the previous four weeks, mainly shipped to China (408 tons), Pakistan (385 tons), Bahrain (295 tons) and Turkey (272 tons).

According to the latest data released by the Ministry of health in May 1st, as of 17, there were 1755 newly diagnosed cases in India, 35365 cases were confirmed, 1152 cases were cumulative, 9065 cases were cured and discharged. On the same day, the India government announced that the national blockade measures would be extended for another two weeks, but there were differences everywhere. Recently, the India Federation of Commerce and industry recommended to the central government that in order to help the domestic industry and the market overcome the challenge of the new crown pneumonia epidemic and restore its competitiveness smoothly, during the transition period, in order to avoid the threat of dumping from China's cheap products, it is recommended that the import tariffs of Chinese products 10-15% should be increased for at least 6 months in addition to the necessities.

Market curve