Wheat Harvest, High Temperature Holiday, Dragon Boat Festival Holiday. Yarn Companies Busy Production Cuts, Sticky Short But Have Been Prepared Until September?

Market brief

Zheng cotton main shock increased, the main contract short short cut, lack of information guidance, from the technical point of view, in the short term Zheng cotton is still in the 11400-12000 shock interval. The lint spot market is flat, the price is stable, and the downstream demand has no obvious improvement. Textile enterprises generally lack orders, funds are tight, purchasing attitude of raw cotton is cautious, and the purchase and sale of lint remains stable. Xinjiang cotton is still quoted at a price point, and the price is less. As a result of the operation, it is difficult to conclude the transaction. The real estate cotton and import cotton market is still not strong, but the price of Xinjiang cotton is still too low. The two have no obvious advantages. In the short term, the domestic epidemic is again tense, and the epidemics continue to be good.

The price of acrylonitrile market is stable, near the end of the month, the market is expected to have higher prices for manufacturers, and some businesses are reluctant to sell, but some markets still have high price resistance. Traders are mainly trading with the market. Recently, the acrylonitrile plant's start-up load has been fully upgraded. Meanwhile, Zhejiang Petrochemical has also put forward the expected production volume, and the supply will gradually increase, but there is no significant improvement in terminal orders, and downstream needs. There is no room for further growth. Therefore, the market continues to rise with insufficient momentum. At the same time, middlemen are eager to make profits, and the spot market is divided. The focus of the transaction is also maintained at a low level. It is estimated that the price of acrylonitrile in the short term will weaken and shake. Acrylonitrile staple fiber price stability shocks, acrylic fiber cost support is obvious, although the terminal demand has not improved significantly, but under the stimulation of prices, downstream users based on the cost of dilution and the demand for stock preparation, orders increased significantly, some acrylic manufacturers shipped even tight situation, manufacturers profit pressure downward trend is obvious, but the terminal orders have not improved significantly, acrylic manufacturers worry about the price. After the rise, it will weaken the downstream enthusiasm and expect room for growth to be limited.

Recently, the national advanced functional fiber Innovation Center released the 2020 annual evaluation results of "Sheng Hong emergency research support and public safety fiber materials and products research projects". Approved by the expert committee and approved by the foundation Bureau, 31 scientific research projects will be supported this year. In addition to 6 mask items, there are 14 items of advanced functional fiber and products for protection, 10 items of innovative fiber and products for protection, and 1 items for testing and evaluation of protective fiber dimension and products. The special fund funded by Sheng Hong's emergency and public safety safety materials and products research projects is over 4 million yuan. Among them, more than 90% of the projects will be completed in 10 months, and more than 6 projects will be completed within six months.

According to the National Bureau of statistics, in May, the industrial added value of above scale industries increased by 4.4% in real terms (the actual growth rate below the price factor) was 0.5. The growth rate was 0.5 percentage points higher than that in April. Compared with last month, the added value of above scale industries increased by 1.53% in May. In the first 5 months of this year, the added value of above scale industries dropped by 2.8% compared with the same period last year. According to sub categories, in May, the manufacturing industry grew by 5.2%, accelerating by 0.2 percentage points. According to sub sectors, in May, 30 industries increased in value in 41 major sectors, and the textile industry grew by 4.3%. According to the regional perspective, in May, the added value of the eastern region increased by 4.9%, the central region increased by 4.2%, the western region grew by 5.4%, and the northeast region grew by 7%. According to sub products, in May, 344 products of the 612 products grew year on year. In May, the sales rate of industrial enterprises was 97.8%, the same as that of the same month last year. The export value of industrial enterprises reached 966 billion 600 million yuan, down 1.4% from the nominal level.

According to the National Bureau of statistics, in May, the total retail sales of social consumer goods in China totaled 31973 billion yuan, down 2.8% from the same period last year (3.7% below the price factor, the nominal growth in addition to the special description), and the decline was narrowed by 4.7 percentage points over the previous month. In the first 5 months of this year, total retail sales of consumer goods totaled 138730 billion yuan, down 13.5% from the nominal level. According to the consumption type, retail sales in May amounted to 28959 billion yuan, down 0.8% from the same period last year, a decrease of 3.8 percentage points from last month. In the first 5 months of this year, retail sales of 127384 billion yuan, down 10.6% from the same period last year. In the first 5 months, the retail sales volume of the whole country was 40176 billion yuan, up 4.5% from the same period last year, an increase of 2.8 percentage points from January to April. Among them, the online retail sales of physical commodities increased by 33739 yuan, an increase of 11.5%, accounting for 24.3% of the total retail sales of social consumer goods. In the online retail sales of physical commodities, the consumption and consumption of commodities increased by 37% and 14.9%, respectively, and the wearing commodities decreased by 6.8%.

On the afternoon of 17 July, the investment promotion and signing ceremony in Xiamen, Linxia was held at the Mandarin Hotel. 24 contracts were signed on the spot, involving agriculture, tourism, textiles and electronics. It is understood that since the first half of this year, 40 projects have been completed, and the total investment has reached 1 billion 731 million yuan. In May this year, the central government promulgated 36 measures to support the development of the western region in the new era, further strengthening the planning and construction of infrastructure in the western region, constantly improving the ability of innovation and development, and promoting the formation of a modern industrial system. In recent years, the poverty alleviation and cooperation between Xiamen and Linxia have been deepened, and a multi-level and comprehensive counterpart cooperation has been carried out and achieved good results. Xiamen also specially introduced policies to support Xiamen enterprises to invest and develop in the west, especially in Linxia. According to statistics, there are a total of 68 investment projects of Xiamen enterprises in Linxia, with a total investment of about 5 billion yuan. Linxia has a long history and culture, abundant resources and prominent geographical location. Since ancient times, it is a famous commercial port. It used to be the main road of the ancient Silk Road South Road, the ancient town of Tang and the tea horse exchange center. It is known as the "western dry dock". Its commercial atmosphere is very strong. It is an important commodity distributing center and trade hub area in Gansu province.

A few days ago, the two phase of Suqian Yida new material project was officially launched in Suqian high tech Zone, Jiangsu, which is one of the four ten billion scale projects settled in Suqian last year. It will give strong impetus to the development of Suqian's economy and society. It is understood that Suqian Yida intelligent high-end green fiber garden project, invested by Hengyi group, is a major project successfully introduced by Suqian high tech Zone through annexation and reorganization. Yida new material, an annual output of 400 thousand tons of differential staple fiber project, was put into operation in June 2019. The two phase of Yida new material introduces the advanced production equipment at home and abroad, and is divided into two stages.

According to the data released by Jiangsu Provincial Consumer Protection Committee on the 17 th, nearly 60% of consumers bought goods through the sports App platform, while half of the textile products sold by sports App were not up to standard. 70.48% of the buyers said that the quality of the goods they purchased had gone wrong, and 25.08% of them had not been solved. The products used in this comparative test were purchased from 10 popular sports App platforms, such as keep, millet sports, daily yoga, Yue Wan, Yue Yue circle, instant sports, Mala Mara, Lok Xin sports and Fit fitness, etc., involving sports bra, sportswear, sports headscarves, sports gloves, sports towels, sunscreen hand sleeves, sports socks, sports belts and sports. Hat, yoga mat and other 10 categories, a total of 90 samples. According to the relevant standards, the comparison test was carried out around the sample product instructions, logo labels, fiber content, material identification, harmful substances, color fastness, durability, functionality and other items. The results showed that 47 samples or one or more indicators failed to meet the relevant national standards or their nominal implementation standards. Among them, 39 samples of the product use instructions do not comply with the standard requirements, 8 samples of fiber composition and content or material is not consistent with the actual measurement and indication, 4 samples of ventilation performance has not reached the express standard, 23 samples did not meet its declared function, suspected of exaggeration, false propaganda.

In the morning of June 16th, with the start of the foaming equipment, the production of silk and coated wire in Guangxi Mengshan gold Fuchun New Material Co., Ltd. was formally put into full operation. This also marked a new step in the silk industry in Mengshan county. After formally put into operation, it will greatly increase the output of silk products in the county, and lay a solid foundation for promoting the construction of the cocoon silk industrial park in Mengshan county and making up the downstream chain of cocoon silk. It is understood that Guangxi Mengshan gold Fuchun New Material Co., Ltd. is Mengshan county from Zhejiang Province, the main investment attraction business, is a gold Fuchun group investment in a professional production and sale of silk products enterprises. The formal launch of the company is not only a new growth point of the cocoon silk industry in Mengshan County, but also a key step to further consolidate the dominant position of the Mengshan cocoon and silk industry in the whole region and create a "new silk weaving town in Western China".

The Cotton Corp in India revised its discount plan on Monday, rationalizing price adjustments to reduce inventory expansion and ensure that raw materials are supplied to spinning mills at competitive prices. According to the new plan, the plan will come into effect at the end of June. CCI has set a lower base price. At least 35600-37500 rupees / Candle (356 kilograms) per day, 500 bags will be given a discount of 300 rupees. Buying more than 2 kilograms of bags per day will provide a higher discount of 1200 rupees. The purchasing agent of textile mill said that the price of the new scheme is still high. In the coming days, once the arrival rate slows down, the demand for CCI cotton will probably rebound.

The Customs Tariff Commission of the State Council issued the announcement on the zero tariff treatment of 97% taxable products in Bangladesh in June 16th: according to the promise of zero tariff treatment of 97% taxable products of the least developed countries in China, and according to the exchange of information between our country and People's Republic of Bangladesh, the 97% tax items originating in People's Republic of Bangladesh from July 1, 2020 onwards. The preferential tariff rate is zero. 97% the tax items are the 5161 tax items marked "beneficiary LD" in the preferential tariff column of the People's Republic of China import and export tariff code (2020) (9 of the Tax Commission announcement [2019] 9), 2911 tax items of "beneficiary country 1LD1", and 184 tax items of "beneficiary country 2LD2", which amount to 8256 tax items.

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