When The Price Is Short, The Price Will Rise Again, But The Price Will Be Difficult To Conclude.

Market brief

Zheng cotton rushed to the vicinity of 11800 after the concussion, the main contract short added positions, the pressure near the top 11800 obvious, short term market lack of information guidelines, the trend of partial shocks, the late need to guard against Zheng cotton long plate down. The lint spot market continued to run smoothly and weak, and the terminal demand was still in the process of slow recovery. The cotton, cotton yarn and grey fabric market was running weak, the industry was watching and the mood was strong. Downstream cotton mills were buying small quantities on demand, and the atmosphere of the purchase and sale of lint was still not active. From a fundamental point of view, cotton prices did not have the basis for the rise, and attention was paid to foreign trade order recovery and Sino US trade relations. Information guidelines. Cotton growth in the new year, the recent weather in Xinjiang is poor, cotton growth is slow, but on the whole, Xinjiang cotton growth is still good.

The price of acrylonitrile is mainly caused by horizontal shocks. There are no new guidelines in the factory. Traders are cautious about trading. Some businesses are expected to have higher cost and lower prices, but the demand in the downstream areas is generally low, and the focus of market transactions is slow. The mainstream factory offers a reference of 7000-7300 yuan / ton, some of which are slightly higher, and a firm offer is negotiated. The cost pressure of nitrile plant is obvious, and short term acrylonitrile price is expected to remain narrow and warm. Acrylic staple fiber prices continue to be stable, downstream demand is plain, acrylic fiber market is generally traded, but acrylic fiber plant maintenance constantly, coupled with strong raw material shocks, cost support sustained, downstream concerns more about the factory clearing news guidelines, it is expected that acrylic fiber prices are easy to rise or fall.

According to statistics of Guangdong branch of the General Administration of customs, 1-4 yuan, Guangdong foreign trade import and export 1 trillion and 920 billion yuan, 9.8% lower than the same period last year (the same below), the decline narrowed 2 percentage points compared with the 1 quarter, accounting for 21.2% of the total import and export value of the country, accounting for 0.4 percentage points higher than the 1 quarter. In April, Guangdong's foreign trade import and export volume was 549 billion 100 million yuan, down 4.9%. Among them, exports fell by 5% and imports fell by 4.6%, narrowing 9.4 and 3.3 percentage points respectively compared with the first quarter. The export of medical materials has been increasing rapidly due to the epidemic situation. In April, Guangdong's exports of textiles (including masks) increased by 3.9 times, exports of medical equipment increased by 57.2%, and exports of pharmaceuticals increased by 67.9%.

Since the beginning of this year, Xinjiang has made full use of the preferential policies of the state and autonomous regions for the labour intensive industries such as Xinjiang's textile and clothing industries. It has focused on helping stabilize the posts and promoting employment and protecting people's livelihood. It strives to achieve 80 thousand new jobs in the textile and garment industry (including Corps), and 15 thousand new jobs for labor-intensive enterprises such as consumer electronics production, shoes and hats, bags, toys, wigs and leather goods.

May 18th coincided with the forty-fourth "International Museum Day". The Shanghai Textile Museum launched the Centennial review of Shanghai textile image collection exhibition, which aims to reproduce the development of textile industry as a mother industry in Shanghai for more than a century. This time, the Shanghai Textile Museum has selected 50 precious historical images from the collection historical images, which spanning over 130 years. The exhibition is sponsored by the Shanghai Textile Museum, and is open to the audience at the Shanghai Textile Museum Hall from May 18th to May 29th.

In May 15th, the China National Textile Industry Federation sponsored the "national textile industry college graduates employment recruitment special activity" network double selection meeting in the Zhaopin recruitment formally launched. Since the April 28th activity began to collect information, so far, the first batch of 57 textile enterprises and 47 institutions have completed the information authentication. For nearly 1000 textile professionals, more than 1100 Posts demand information for textile and clothing has been released. On the first day of the launch, 845 online resumes were delivered, reaching 117 initial employment intentions. The event will be held in 2 months, through the Zhaopin recruitment, Tencent network and other platforms to set up special event service area, to hold "textile talent air double selection", "textile enterprise talent demand lecture", "textile industry school enterprise talent docking" and other forms of talent docking service.

In order to resolutely cut off the illegal chain of the price of anti epidemic materials such as melted spray cloth, the State Administration of Market Supervision recently sent a task force to Jiangsu, Shanghai, Zhejiang, Guangdong and other places to investigate the illegal behaviors of middlemen and manufacturers. In the short term, 9 typical cases were investigated and 4 cases of suspected crimes were handed over to the public security organs. Market supervision departments at all levels will further increase the supervision over the price of anti epidemic materials such as meltblown cloth, severely punish the offenders who drive up prices and make "epidemic wealth" during the epidemic prevention and control.

According to the statistics of Kampuchea General Administration of Taxation, the total export revenue of clothing, textiles and footwear (GTF) in Kampuchea in the first 4 months of 2020 amounted to US $3 billion 130 million, up 1.67% from the same period last year. The Kampuchea Garment Manufacturers Association (GMAC) said that foreign orders grew rapidly in the early 2020 before the outbreak of the new crown, but the export volume will decline in the next few months due to the epidemic. In the coming months, exports of handicraft products will decline, and travel supplies may be stable or slightly lower. At present, almost no factory receives new orders, only protective materials and health care products are still in production. It is understood that, when more than 180 factories have applied for a shutdown, Kampuchea's Ministry of industry, science, technology and innovation has revealed that in the first quarter of this year, 77 new factories in Kampuchea opened, 2 of which were production plants, and 27 thousand and 909 jobs were created.

Pakistan Bureau of statistics data show that in April, exports of textiles and clothing in Pakistan fell 64.5%, to $404 million, the lowest level in 17 years, due to the cancellation of orders and the global blockade caused by the epidemic. The detailed situation shows that in April, the export volume and export volume of garments in Pakistan decreased by 73.44% and 78.94% respectively, while the export volume of knitted fabrics decreased by 61.75%, the volume decreased by 48.31%, the export of bedding products decreased by 57.54%, and the volume decreased by 57.37%. Towel export volume and export volume decreased by 74.07% and 72.78% respectively, while cotton cloth exports decreased by 69.73% and 78.06% respectively. In April, Pakistan's cotton yarn exports dropped by 63.29%, and yarn outside the cotton yarn dropped by 70.19%. Cosmetics did not include towel down 63.56% and raw cotton dropped 100%. Exports of tents, canvas and tarpaulins increased by 32.39%. In the 2020 fiscal year from July to April, Pakistan's textile and clothing exports decreased from US $11 billion 127 million in the same period last year to US $10 billion 816 million. Leather exports also fell by 70.53%, mainly due to the decline in sales of leather garments, gloves and other products. On the contrary, the export of carpet and carpet in April decreased by 92.72% compared with the same period last year, and the number of carpets and carpets decreased by 92.04%.

Market curve