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    The Price Of Acrylic Staple Has Gone Up, But The Turnover Has Not Improved. The Price Of Yarn Is Still Falling Sharply In The Middle Of 6.

    2020/5/26 10:36:00 0

    Market Quotation

    Market brief

    Zheng cotton shock decline, the main contract shorting significantly reduced, at present, Zheng cotton shock interval is narrow, short term is about to face the direction of choice. Weak adjustment of lint spot market, cautious purchase of downstream cotton mills, enterprise procurement fully take into account cotton yarn orders, inventory and raw cotton stocks, and in addition to the slow demand recovery and Sino US trade relations, there are still many uncertainties, the downstream yarn needs to maintain a rigid demand list, based on high inventory and demand recovery time, it is expected that short-term cotton prices are still difficult to smooth. Rising prices, real estate cotton, based on Zhengzhou cotton rose last week, the lower reaches of the purchase price of real estate cotton has risen, but still hard to make profits, the cotton mill re employment enthusiasm is still normal, lint spot trading is still not hot, it is expected that the spot cotton prices continue to be the main shock, concerned about the weather and the development direction of Sino US trade relations.

    The price of acrylonitrile has been pushed up, and the mainstream factory's monthly report has been announced, while the spot price of individual factories has been rising, supporting the middlemen's mentality of price increase, the market wait-and-see mentality is strong, some businesses are trying to report high prices, some high prices have been raised to 7500-7800 yuan / ton, and the firm has negotiated the transaction. At the end of the month, the market source of goods is limited, and some factory equipment maintenance is continuing. The price of acrylonitrile market at the end of the month is expected. Narrow shocks, pay attention to transaction follow-up. Acrylic staple fiber prices rose mainly, near the end of the month, acrylic main manufacturers clearing price rose 200 yuan / ton, but also indicated that the follow-up order is still insufficient, the price continues to raise is not easy, the recent acrylic fiber cost support continued to increase, it is expected that the short term acrylic fiber price narrow heating adjustment mainly, pay attention to the trend of raw material prices.

    In May 25, 2020, Shanghai, the world's leading regenerated cellulose fiber producer, Sai Deli began producing Shandong's fiber in Rizhao. The project will work with the leading pulp and paper manufacturer, Asia Pacific, with an annual production capacity of 20 thousand tons. The production line will expand the competitive fiber quality product mix and strengthen the supply of textile and non-woven market. The steel produced by Sai Deli is a completely natural and degradable plant fiber, and its raw materials come from sustainable management of plantation forests. The organic solvent used in the process is completely recovered and recycled. The entire production process is completely closed, requiring only a very small amount of chemicals. Lesel fiber can be used to produce high quality textiles and personal hygiene materials. The product is characterized by high strength, bright color, soft, silky, draping, good air permeability and strong moisture absorption.

    In May 25th, YOUNGOR announced that in order to support the capital demand of Akesu's textile production and operation, the company decided to provide joint and several liability guarantee with a total amount not exceeding RMB 130 million yuan. It is reported that Akesu textile department Xinya agricultural branch's wholly-owned subsidiary. A wholly owned subsidiary of YOUNGOR Textile Holding Co., Ltd. owns 56% stake in Xinya agricultural group. Ningbo Anya Sheng Xin investment partnership (limited partnership) and Shengzhou Sheng Tai Knitting Co., Ltd. hold 24% and 20% equity of Xinya agricultural branch respectively. Up to now, the number of external guarantees is zero, and the number of overdue guarantees is zero.

    In May 20th, the Zhangjiagang cotton chamber of Commerce held the fourth presidents meeting at the Zhangjiagang Federation of industry and Commerce entrepreneurs. The conference focused on the cotton textile situation under the epidemic situation and the development of future market. At the stage of business discussion, Xiao Jingyao, vice president of Zhangjiagang cotton trade association and vice president of Huafang group, said that at present, it has entered a key point. It turned out to be a low season in June, and now it lacks confidence. But if June is still not available, there will be problems this year. Now there is a question, is there still the original list? In the past, prudence has seen many changes. As long as no breakthrough is made, if June is still not a single order, it may still be withdrawn.

    Recently, by the Liaocheng Municipal Bureau of industry and commerce, we decided to set up Liaocheng textile and garment research institute relying on Linqing three and Textile Group Co., Ltd. The research institute is a private non-profit organization of the Liaocheng Municipal Bureau of industry and information technology. It mainly carries out industrial R & D and technology exchange and promotion, and comprehensively promotes the transformation and upgrading of the textile and garment industry to achieve high quality development. In the future, Liaocheng three and textile and garment industry research institute will build up an exchange platform for textile and garment industry through resource integration and joint upstream and downstream enterprises, research institutes, universities and industry organizations of the surrounding textile and garment industry chain.

    In May 21, 2020, the United States Trade Representative Office (USTR) announced the fourteenth batch of product exclusionary announcements under the list of $200 billion plus tariff products, adding 78 products, including 5 textile products tax numbers. Up to now, there are 13 batches of textile products in the 14 batch of US $200 billion tax collection, involving 55 textile tax numbers. The products being excluded will no longer be subject to 301 tariff when exported to the United States. Exclusion period can be traced back to the date of entry into force of the 200 billion list - September 24, 2018. The validity of the excluded products listed in this notice is from September 24, 2018 to August 7, 2020.

    Since mid May, warehouses such as Qingdao and Zhangjiagang have responded to "no storage capacity for storing cotton". Some cotton enterprises and agencies have approved: first, in the past month, other cotton shipments and Brazil cotton have been shipped out, and other cotton production has basically been unsalable. Secondly, several large state-owned enterprises, central enterprises and foreign businessmen have booked the warehouse for 1-2 months in advance. Its port warehouses or inland warehouses are not enthusiastic enough to move warehouses. They not only need to pay a series of expenses, such as short selling, etc., but also restrict the sale of cotton because of the irregular storage, immature market and low popularity.

    In May 21st, the Ministry of Commerce and industry of India announced that it should initiate joint anti-dumping investigations of polyester yarn (or polyester staple yarns) originating in or imported from China, Indonesia, Nepal and Vietnam on the basis of a joint application submitted by a number of domestic enterprises in India. This survey product does not include dyed polyester yarn, mixed colored polyester yarn or colored polyester yarn and yarn count is 8 or 45 polyester yarn. This case involves 55092100 products under the India customs code. The dumping investigation period is January 1, 2019 -2019 December 31st (12 months). The investigation period is April 2016 -2017 March, April 2017 -2018 March, March -2019 and dumping investigation period. In view of the current special circumstances of the new crown epidemic, stakeholders should submit relevant information to the investigation authorities by e-mail within 30 days from the date of filing.

    In recent weeks, domestic and export prices of cotton yarn in Pakistan continued to decline, and downstream processing enterprises were slow to return to posts and work, and demand remained very weak, which could not support prices. In the week, 1.06% of the 30 domestic Combed Yarns in Pakistan were gradually resumed, and the yarn sales in the future may recover slowly. In addition, the rebound in market activity after Eid al Fitr (the first week of June) may also provide support for prices. Pakistan imports US cotton prices down, Karachi spot price has not changed, BCI and organic cotton prices also fell, because the cotton mill start up rate decreased.

    Market curve

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