Where Is The Resistance Of Polyester Production And Marketing? Sticky Short Operation Is Strong, Demand Is Still Tightening, But Also Negative?

Market brief

Zheng cotton shock increased, the main contract increased significantly, due to the United States cotton shock rise, overlay demand slow to better, and the market speculation increased, it is expected that the recent Zheng cotton shock rise. The purchase and sale of the lint spot market is still dull. On the one hand, because of the continued weakness of terminal demand, the market worries are still in the market, and the cotton mill's production restriction has great influence on cotton consumption; on the other hand, Zheng cotton rises, the attractiveness of the base price decreases, the turnover decreases, the demand for imported cotton is poor, the cotton mills purchase raw cotton carefully, and the purchase and sale of imported cotton continue to be weak. Japanese cotton mills need more procurement, lint trading atmosphere slightly improved, but some downstream enterprises are still in the holiday, lack of orders in the machine business, spot cotton prices rise kinetic energy is insufficient, is expected to continue the trend of short-term shocks, pay attention to weather and Sino US trade relations and other news guidelines.

The price of acrylonitrile has continued to narrow, and some factory maintenance plans have been gradually implemented, and the support for acrylonitrile supply has been strengthened. At present, the new device has not yet been put into operation, and the middleman has a clear mentality and low price offer. The narrow focus of the transaction has been explored. There is no lack of high price offer, and the load of the downstream acrylic fiber plant has been improved. At the same time, the price of acrylonitrile is still relatively low. Line is expected to acrylonitrile price range warm shocks. Acrylic staple fiber prices remain stable, terminal demand performance is still normal, downstream factory purchase mentality slightly different, raw material acrylonitrile spot price is strong and volatile, part of terminal factories to acrylic fiber purchasing enthusiasm has increased, it is expected that short-term acrylic fiber prices will remain stable.

According to customs statistics, in the first 4 months of this year, the total value of imports and exports of China's goods trade was 9 trillion and 70 billion yuan, down 4.9% from the same period last year (the same below), a decrease of 1.5 percentage points from the first quarter. Among them, exports were 4 trillion and 740 billion yuan, down 6.4%; imports 4 trillion and 330 billion yuan, down 3.2%; trade surplus 415 billion 700 million yuan, 30.4% reduction. In the first 4 months of this year, the export of textiles including masks was 261 billion 300 million yuan (RMB). The same time, increased by 5.9%; in the same period, clothing was 205 billion 100 million yuan, down 20.2%; ASEAN and the "along the way" along the growth trend of imports and exports, the EU, the United States and Japan import and export decline.

Recently, Zheng Shang cotton yarn futures completed the first delivery of the revised rules. The CY2001 contract delivered a total of 132 hands, equivalent to 660 tons of cotton yarn. According to the official responsible for Zheng Shang, 2 of the 33 standard warehouse receipts were warehouse receipts, which marked the completion of the first single warehouse delivery of cotton yarn futures, and became another textile industry after the cotton production. One of the parties involved in the warehouse delivery is the wholly owned subsidiary of the world top 500 enterprise, Zhongda Group, the largest cloud company in China. The company produced the first single cotton yarn futures standard warehouse list for Hubei Xiao Xiao Cotton Industrial Group Co., Ltd. and Xinjiang Ruyi Textile Garments Co., Ltd., and successfully completed the sorting process from all aspects of warehousing, registered warehouse receipt, delivery and delivery. Weishi Textile Co., Ltd. as one of the futures warehouse of cotton yarn, also participated in the delivery of the CY2001 contract, and used futures market to manage risks during the epidemic. At the beginning of the year, the situation of cotton spinning market was not optimistic. Weishi textile decided to deliver all 100 hand cotton yarn. According to the experience of the previous two deliveries, Weishi textile was registered efficiently into warehouse receipts, and the final settlement price was 19730 yuan / ton, and the profit of the hedging was about 1 million yuan.

A few days ago, the regenerated viscose staple fiber produced by Sanyou chemical fiber ReVisco Gamma Made clothing as H&M spring and summer environmental conscious action limited series landing H&M online and offline designated stores, completed the recovery of textiles to clothing new journey. ReVisco Gamma It is the innovation series of Tang Si, which is derived from waste cotton textiles, and has been recycled through innovative and sustainable technology to achieve the recycling of cotton / regenerated cellulose fiber products.

The government of the Hongkong Special Administrative Region (HKSAR) has received widespread attention from 6 to 60 people. As of 6 pm at 3 pm, more than 500 thousand cases had been registered, with a total enrollment of nearly 1 million 380 thousand. The "copper core anti epidemic mask" distributed in Hongkong is funded by HK $800 million for the Hongkong textile and garment research and development center and the University of science and technology. The cost of each mask is about HK $40. Because the respirator uses copper materials, it can not only filter bacteria, but also inhibit germs.

Henan Xinye textile Limited by Share Ltd recently disclosed the 2019 annual report. During the reporting period, the company achieved operating income of 5 billion 732 million yuan, a decrease of 5.41% over the same period last year, and a net profit attributable to the parent company of 279 million yuan, a decrease of 27.70% over the same period last year. In the first quarter of 2020, Xinye textile realized operating income of 1 billion 59 million yuan, down 28.41% compared to the same period last year. The net profit attributable to shareholders of listed companies was 63 million 299 thousand and 100 yuan, down 18.39% compared to the same period last year. According to the category, during the reporting period, Xinye textile yarn products achieved a total revenue of 3 billion 577 million yuan, down 6.36% compared with the same period last year. The fabric and fabric products achieved a revenue of 1 billion 601 million yuan, an increase of 7.09% compared with the same period last year, and cotton products achieved a profit of 534 million yuan, down 25.08% from the same period last year.

From April 30th to May 5th, the Ningnan County inspection delegation of Liangshan, Sichuan went to Zhejiang to inspect the silk industry, and to discuss the development of mulberry silk industry with the Zhejiang Silk Association and 4 provinces and 25 silk enterprises. The inspection team went deep into Huzhou Xinyu Silk Weaving Co., Ltd. and Huzhou thousand sample brocade New Material Co., Ltd. to inspect the situation of resumption of production and resumption of production, and held talks with the experts of Zhejiang Silk Association and 25 silk enterprises from four provinces, Zhejiang, Anhui, Shandong and Jiangsu.

According to India media reports, after 1 months of stoppage, in April 27th, more than 500 garment factories in Bangladesh resumed production and resumed production, providing products to all the major clothing brands in the world. According to the Daily Star of Bangladesh, nearly half of the garment factories in the country have resumed work on 28 local time. According to statistics, Bangladesh has 7602 garment factories, of which 2916 have resumed production. Bangladesh is the second largest textile exporter in the world, second only to China. According to official statistics, clothing exports account for over 80% of Bangladesh's total merchandise exports and over 4 million people.

In April 30th, Jean Baptista Gibari, Secretary of state for transport affairs in France, said that France had imported 500 million masks from China. France has strengthened the guarantee of "air bridges". It is estimated that by mid May, when France lifted the ban, it could guarantee one hundred and fifty million masks imported from China every week. The "air bridge" of imported medical supplies in France began operation at the end of March. At present, there are seven substandard machines flying between China and France each week.

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