The Good News Is Increasing, Traders Are Ready To Move, And The Cotton Yarn Inventory Is Obviously Decreasing.

Market brief

Zheng cotton shock consolidation, the main contract shorts slightly reduced, short-term Zheng cotton in the upward triangle shock interval, shock interval 11200-11800 yuan / ton, short-term operation is difficult, it is recommended that investors wait and see. The spot price of lint continues to weaken, the spot base price transaction is acceptable, the demand side continues to bear pressure, the cotton yarn turnover is light, the price continues to be weak, the procurement of textile enterprises is cautious, the cotton market is light and light, and Xinjiang cotton basically sprout, and the overall growth is good. The supply side is temporarily stable. At present, the market is not good enough, and the cotton price rise is still hard to find effective support. Concussion arrangement, continue to pay attention to weather and Sino US trade relations and other related information guidelines.

Acrylonitrile prices are on the high side, the downstream acrylonitrile factory maintenance news constantly, acrylonitrile demand surface has not improved significantly, middleman costs are expected to sell at low prices, there is no lack of high-end offer heard, but some of the high price transaction resistance still exists, the mainstream offer reference of 6800-7200 yuan / ton, solid negotiated deal, propylene market price continued to rise, acrylonitrile cost pressure continued, pre Short term acrylonitrile market prices will continue to narrow a warm shock. Acrylic staple fiber prices continue to consolidate, the northeastern Dachang overhaul plan continues, the industry device load is expected to maintain low, the recent price of raw materials acrylonitrile narrow range, acrylic fiber cost support increased, there is no lack of market price rumors, short-term attention to the factory's clear message guidance, acrylic fiber price range is expected to narrow shock finishing.

In May 12th, China's Ministry of Finance website released a new batch of tariff excludes list for the US and Canada. This is the second batch of the second batch of the second batch of tariff commodities that China has imposed on the US and Canada. The list has not been added to the tariffs imposed by the Chinese side on the 301 measures against the United States from May 19, 2020 to May 18, 2021. The Chinese side said that the tariff duties that had been added to the above list should be refunded, and the relevant import enterprises should apply to the Chinese customs within six months from the date of the publication of the list. The exclude list covers 79 items, including rare earth metals, gold ores, silver ores, chemicals, textiles, medical disinfectants, recombinant human insulin and salt, etc. In addition, the goods that are not included in the first batch and the second batch to exclude the list of tariff products from the US and Canada can be excluded by the application of marketization procurement according to the announcement of the Customs Tariff Commission of the State Council on the elimination of marketization of tariff commodities in the US and Canada.

Recently, Shandong province held the "China brand day" event in Yantai in 2020, and released the 100 brand value of private enterprises in Shandong province in 2020. Among them, Shandong Wei Qiao Venture Group Co., Ltd. ranked first in the brand value of 39 billion 587 million yuan. Brand value is the embodiment of the core competitiveness of an enterprise brand. In order to promote the value of high-end brands, Shandong brand building promotion association and Shandong provincial Standardization Research Institute launched the brand value evaluation around the ten strong industries of Shandong's new and old energy conversion. According to the principle of voluntary and third party evaluation, according to the relevant international brand value evaluation methods and the brand value of various industries to evaluate the national standards, according to the financial data and comprehensive indicators provided by enterprises, the brand value of more than 1000 enterprises was evaluated. Finally, a series of brand value list of Shandong province's private enterprise brand value 100 and so on were finally launched in 2020.

Recently, the Haining comprehensive environmental improvement and Hangzhou Hai New Area "global regulation and comprehensive development" mobilization conference was held in Xu village. The meeting studied the upgrading of the city's modern textile finishing industry, upgrading of safety production and fire safety, the comprehensive renovation of the whole land, and the renovation of the park. At the end of the meeting, the Haining branch of the Jiaxing Ecological Environment Bureau immediately organized the law enforcement officers of the environmental protection unit of the Xu village to carry out the night blitz inspection of the textile finishing enterprises in the industrial park of Xu village. According to the plan, combined with the central environmental protection inspectors' letters and visits and the key points of daily letters and visits, the night inspection team has checked the textile finishing enterprises of Xu Cun Industrial Park and dung Wan Industrial Park successively. We should focus on checking whether the pollution control facilities are in normal operation and whether the solid (hazardous) waste is standardized or not. We must strictly grasp the actions of idle pollution control facilities, stealing and draining, and industrial solid waste failing to take measures according to the regulations. The assault inspection conducted a total of more than 20 law enforcement officers and inspected more than 10 enterprises. During the inspection, 2 enterprises were investigated and investigated for the illegal operation of the illegal waste gas pollution control facilities and industrial solid waste.

In May 12th, the Lu Chuan county government in Yulin, Guangxi, held the signing of investment promotion projects. There were 5 signing projects. The people's Government of Lu Chuan county and shin Xin (Beijing) Energy Investment Co., Ltd., Hunan Xingye green energy Limited by Share Ltd, Yulin Rong Feng printing materials Co., Ltd., Guangdong Chaoshan Jin Fulong Textile Co., Ltd., Guangzhou zhoufa Textile Co., Ltd. Other companies signed a contract. The project mainly covers photovoltaic power generation, intelligent packaging, standardized factory building, high-end textile, melt blown fabric production and so on. The total investment of the 5 projects is about 3 billion 680 million yuan. Up to now, 8 contracted projects (formal agreements) have been signed, and some leading industries such as GUI min, Fuda holdings and Ali Weill have been invested in Lu Chuan. The cooperation includes modern logistics, agricultural products cold chain, special cable, textile, new energy (photovoltaic power generation), intelligent packaging and medical and anti epidemic products production. The total amount of the contract is 11 billion 680 million yuan, which is the development of Lu Chuan's economy. Into strong aftereffect.

In May 12th, Chen Wenxing, President of Zhejiang Sci-Tech University and academician of the Chinese Academy of engineering, went to Lanxi to investigate and examine "the pulse of inquiry" for the development of Lanxi's textile industry. Chen Wenxing and his party went to Lanxi textile and textile industry innovation service complex and Zhejiang Xin Lan Textile Co., Ltd., Zhejiang Wanzhou holding group, Zhejiang one in Weaving Co., Ltd. and other textile enterprises, the field of Lanxi textile industry intelligent manufacturing demonstration city, Zhejiang Sci-Tech University Lanxi Textile Research Institute operation, textile enterprise intelligent transformation, and Lanxi textile. Guidance for industrial transformation and upgrading and development of textile enterprises. Zhejiang Sci-Tech University has been working closely with industry, University and research institutes in Lanxi for many years to help textile enterprises solve many technical problems and effectively support the development of Lanxi's textile industry. In December 2018, the establishment of the Lanxi Textile Research Institute of Zhejiang Sci-Tech University played an important role in the transformation and upgrading of Lanxi's textile industry.

The cotton textile industry association of China, based on the "Chinese cotton textile industry association standard management rules", has been studying and setting up the plant modified functional cotton fiber standard. In view of the fact that there is no uniform technical standard for such products in the domestic and the industry, the promotion of such products is facing a series of problems. Therefore, the formulation of the group standard of the association of plant modified functional cotton fibers can better guide product production, standardize market sales, protect the interests of both sides of the trade, promote the development and upgrading of differentiated fibers, and enhance enterprise competition. It is of great significance to push forward the development of functional cotton fiber industry in China. It is reported that the standard led the drafting unit is Qingdao bond Ecological Textile Technology Co., Ltd., the main drafting units are Lu Tai textile Limited by Share Ltd, Jiangsu Yueda cotton spinning Co., Ltd. and Dongguan de Yongjia Textile Garment Co., Ltd. In the near future, the member units will compile the standard draft and prepare instructions according to the standards.

Baron Oriental Limited by Share Ltd recently announced that due to the needs of business development, the company leased the Ningbo nine cattle Cci Capital Ltd to the affiliated party, Shanghai, 1175, No. 1301, Xizu Road (112.8 square feet), and 1302 rooms (121.32 square feet of building area) for the staff quarters of Shanghai office. The lease term is 3 years. Referring to the rental price of similar sections in Shanghai, the two sides agreed that the monthly rent is 18000 yuan, and the rent payment is paid annually. During the lease period, the water, electricity, gas and cable TV charges incurred by the house will be borne by the charterer Limited by Share Ltd. The property management fee is borne by the lessor Ningbo nine cattle. Yang Weixin, one of the actual controllers of the nine cattle Department of Ningbo, Hong Pan, the director and deputy general manager of the company directly under the control of Mr. Hong Pan, is the supervisor of the nine oxen in Ningbo. According to the relevant provisions of the Listing Rules of the stock exchange of the stock exchange, the transaction constitutes a related transaction.

French luxury brand LV5 on the 5 day in the domestic counters and the official website of the product of a unified price adjustment. This is also the third increase in LV prices in recent years. The first two increases were in September 2019 and March 4, 2020 respectively. It is worth noting that LV's latest two price increases are only 2 months apart, after the outbreak of the new crown. The Chanel China team has confirmed this wave price plan to the interface fashion, and said that "this price adjustment will continue to follow the global price coordination strategy, so as to avoid significant price differences between the markets." This year, the global spread of the new crown disease has caused extensive disruption to the global trade logistics, and the production of many textile factories around the world has stopped, which has led to the rise in the cost of luxury goods production. As Chanel China explains, "under current circumstances, the prices of some raw materials we need are rising again, and these raw materials are difficult to procure because of their superior quality."

According to US media reports, the US Department of health and public service (HHS) is purchasing a $645 million cloth masks to slow down the spread of the new crown virus after the lifting of the home quarantine order. In May 8th, the US Department of health signed contracts with several companies, including HanesBrands for $322 million, San Mar for $217 million, Parkdale Advanced Materials for us $60 million, Beverly Knits for us $43 million, America Knits for us $1 million 680 thousand, American Knits for us $1 million 270 thousand. "Almost the entire US textile industry has been mobilized," said Davis Warlick, executive vice president of Parkdale, one of the producers. He added that Parkdale was working with other 20 to 30 companies to deliver masks, and hundreds of textile companies also took part in the work.

India Prime Minister Modi made a televised speech on the evening of 12 local time, saying that India will launch a total package of 20 trillion rupees (about 267 billion U.S. dollars) package of economic stimulus plans, and will again extend the national blockade measures. Modi said that the specific details and measures of the 20 trillion rupee stimulus plan will be announced and implemented by the Ministry of finance. In order to prevent the spread of the epidemic, India has implemented the national blockade for nearly 50 days, which has brought great impact to the economy. Modi also announced in his speech that India will continue to extend the national blockade measures, and the specific requirements will be announced before May 18th. India embargoes the national blockade measure in March 25th and has been extended two times. The current period is May 17th. The International Monetary Fund (IMF) recently released the latest world economic outlook report, which predicts that India's economic growth this year will be 1.9%. Fitch has lowered its economic growth forecast for the current fiscal year of April 2020 (from April 2020 to March 2021) to 2% from the previous 5.1%, while Moodie is expected to cut it from 5.3% to 2.5%.

Market curve