What Is The Pressure On The Industry Chain To Expand The Stock Market?

Market brief

Zheng cotton shock dropped, the main contract was slightly reduced, short term Zheng cotton will still be callback, focus on target 11400 near performance. There is no obvious change in the purchase and sale of spot lint. The base point price transaction is slightly active. However, the cotton mill is cautious in its purchase order and the pressure of product inventory. The purchase of cotton lint remains prudent. It continues to buy Xinjiang cotton at low price to maintain the rigid demand. Recently, although the foreign trade orders are showing good signs, it still takes time to implement domestic factories, and the slow recovery of domestic demand makes cotton demand low. Fans expect strong, market watching atmosphere is strong, cotton prices rise kinetic energy is still insufficient, before the new guidelines news, it is expected that spot cotton prices maintain a concussion trend, continue to pay attention to weather and Sino US trade relations and other related information guidelines.

Acrylonitrile prices remained sideways, factory quotas tended to be consistent, support for middlemen's mentality of price increase, the circulation market was mainly referring to factory prices, and some businesses were reluctant to sell under cost expectation, and the load of acrylonitrile plant remained relatively low. Manufacturers continued to have a mentality of price continuation. The main quotation of the market was 6800-7200. Following up the progress of new plant commissioning, the price of acrylonitrile will continue to oscillate. Acrylic staple fiber prices remained stable, cost support increased, acrylic fiber market has heard of price adjustment, but downstream factories generally have enthusiasm for purchasing, acrylic fiber market is trading in a moderate way, factories have no clear guidelines for new information, and terminal demand changes are limited.

May 4, 2020 -5 10, according to the national cotton trading market database Xinjiang check point statistics, the total volume of road transport of cotton decreased by 34 thousand tons, down 4 thousand and 300 tons compared to the same period. In May 4, 2020, 10 months in May 4, 2020, the cotton transported to Shandong, Henan and Hebei accounted for 49%, 15% and 9% of the main flows respectively. The total transport volume of these three provinces decreased by 21 thousand and 600 tons compared with the previous week. It accounts for 66% of the total weekly shipment volume. The volume of road traffic decreased during the 10 months of May 4, 2020 -5, and the overall price increase continued to increase compared with the previous week.

In May 9th, the China Textile Federation issued a notice: in order to implement the spirit of the general office of the State Council on launching the "three products" special action to create a favorable market environment for the consumer goods industry (2016 [40] of the State Council), the enterprise should accelerate the implementation of the "three products strategy", advocate market oriented product innovation and creative design, and give play to the exemplary and leading role of innovative products. To enhance the quality satisfaction and brand trust of innovative products, entrusted by the Ministry of industry and information technology, the China Textile Industry Federation will develop and promote the ten major categories of textile innovative products in 2020. The declaration time is from May 9, 2020 to July 1st, and the conditions of declaration can be referred to the website of China Textile Alliance.

The Ministry of Commerce's foreign trade division said recently that Yiwu and other places had suspended exports of some anti epidemic materials in the form of market purchase and trade. Enterprises and individuals inside and outside the country can not carry out customs declaration of part of the epidemic prevention materials by customs supervision code 1039, but they still can purchase relevant epidemic prevention materials in Yiwu and other markets, and declare their exports through other ways such as general trade (customs regulation code 0110). In addition, the export of new coronavirus reagents, medical masks, medical protective clothing, respirators, infrared thermometers and non medical masks should meet the relevant quality control requirements, and do not apply the simplified declaration and other customs facilitation measures under the market purchase trade mode. It needs to be emphasized that the suspension of the export of epidemic prevention materials through market procurement and trade is a temporary measure to better enhance the supervision of the export quality of epidemic prevention materials, without affecting the export through mainstream commercial channels.

At present, including the Ministry of Commerce, the General Administration of customs and other departments, as well as local governments and relevant chambers of commerce are gathering intensive research to summarize the difficulties faced by foreign trade enterprises in the cancellation or extension of orders, difficulties in signing new orders, and poor logistics, so as to study specific solutions. The focus will be on measures such as precisely supporting enterprises, supporting exports to domestic sales, stabilizing and unblocking international logistics, and strengthening all-round cooperation to ensure timely and accurate landing of policies, helping enterprises to develop domestic and foreign markets and stabilize China's foreign trade basic market.

Meng Jie shares recorded nearly two trading boards in nearly 3 trading days. The company announced on May 12th evening that the live broadcast of e-commerce is one of the current Internet marketing modes, and is also the product sales channel of the company. In May 11th, the company signed a strategic cooperation agreement with the direct seeding organization of the electricity supplier. The company will cooperate with Taobao's anchor, Wei Ya, in consumer feedback, product sales, portraiture and public interest. The signing of this contract will not have a significant impact on the production and operation of the company.

The US Department of agriculture report shows that on April 2020 24-30, the net contracted volume of US cotton in 2019/20 was 84 thousand tons, a decrease of 15% over the previous week, a significant increase over the previous four weeks average. The new signing came mainly from China (49 thousand and 300 tons), Vietnam (23 thousand and 300 tons), Taiwan region of China (4150 tons), Bangladesh (2472 tons) and Turkey (2336 tons).

In March 31, 2020, the Ministry of economic affairs of Mexico announced that it should start an anti-dumping investigation on the polyester filament originating in China at the request of Mexico Akra company. Mexico customs tax number is 5402.3301. The dumping investigation period is from July 1, 2018 to June 30, 2019, and the investigation period is from July 1, 2016 to June 30, 2019. The interested parties are required to submit a complete answer, comment and evidence in compliance with the requirements of the investigation authorities before 14:00 May 14th Mexico time. The questionnaire is downloaded from the Ministry of economic affairs of Mexico.

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