If The Raw Material Is Not Allowed To Change, The Yarn Will Be Increased And The Price Will Be Lower. Will The Price Be Lower In The Off-Season?

Market brief

Zheng cotton market, the lint spot market performance is flat, the industry waits for a view, sporadic cotton mills purchase "one price" resources, the volume is very limited, the new season cotton grows vigorously, some sowing late is not yet flowering, but most cotton fields have entered the initial flowering period, cotton growers recently began to topping, it is expected to enter the concentrated period in early July. At present, the rumors of dumping and storage are getting more and more intense. Many people believe that the possibility of throwing stocks in 7 and August is bigger. Under this rumor, the industry's mentality is empty and cautious, coupled with the traditional off-season, some yarn enterprises continue to increase production intensity, short term demand for vulnerable cotton is difficult to change, and the cotton market is hard to get rid of the declining trend.

At the end of the month, acrylonitrile manufacturers settled one after another and maintained a very low price in the low inventory level. Most traders held limited goods, and merchants were mainly selling with market selling. The market was concerned about the release of new capacity. After the industry saw the air again, the overall market turnover was limited, and the Zhejiang petrochemical plant had been put into trial production. The supply will increase significantly, but there is no room for further growth in downstream demand. At present, the enthusiasm of buying has declined. The middlemen said that the shipment was not smooth, and the offer continued to move towards the lower end. The price of acrylonitrile in the near future is expected to be weak and volatile. Acrylonitrile staple fiber prices stabilized temporarily, cost support continued, acrylic plant operation is relatively stable, manufacturers price mentality is obvious, terminal demand is still weak, short-term forecast acrylic fiber price narrow oscillation, pay attention to the factory new news guidelines.

On the afternoon of June 26th, a summit forum was held in Xiping, Henan, with the theme of "innovation and development of textile and garment industry under great changes". This activity, the leading expert of the national level industry leaders, government leaders and the leading e-commerce platform in the world, enters the hometown of Haitang and the home of the ancestor of Henan, Xiping, to create the "6.26 China clothing live broadcast day" (Xiping first), leading the industry to cope with the big change, maintain the big pattern, and seek the overall situation at a high level. Xiping's ancestor culture has a long history, and the clothing industry has a long history. In recent years, Xiping County, relying on its rich cultural accumulation and integrating into the "one belt and one road", has planned and built 5.3 square kilometers of new garment Town, and initially formed a professional park that integrates innovation, research, exhibition, communication and production and trade.

Recently, the Quxian County people's Government of Dazhou city of Sichuan province and Hongkong Hongren Group Holding Co., Ltd. signed a cooperation agreement on Quxian County's southwest textile Exchange Center project. It is reported that the project is located in the 6 group of Changqing community in Tianxing street, Quxian County. It is planned to cover an area of about 1000 mu, with a total investment of about 5 billion 600 million yuan. It is intended to build a large-scale integrated textile and trade logistics platform which integrates modern industrial logistics, warehousing and distribution, commodity trading, e-commerce, business supporting services, life supporting services, information services, testing and testing, industrial incubation, financial settlement and other functions. It includes textile and garment, textile raw materials, leather and leather goods, packaging, electronics, new materials, daily necessities, small commodities and other display and trading centers and supporting facilities. Hongkong Hongren Group Holdings Limited was founded in 2010 and its headquarter is located in Hongkong, China. The Quxian County Hongren southwest textile Exchange Center project, which is invested and built by the company, will combine the industrial layout of "Quxian County West International dress city" to build southwest textile trading center.

In June 28th, investors questioned Xinye textile (002087). The company announced in early March that the annual output of 25 thousand tons of nonwovens will be 6 months. Then the chairman of the shareholders' meeting said that it is expected to extend to October. Then, in June, the company announced the issuance of a 1 billion 600 million annual convertible bond with an annual output of 35 thousand tons of nonwovens. Before that, the company decided to terminate the issue of convertible bonds. Why did the company tell the story as a state-owned enterprise? The company replied that there are two different projects in the early March and the June project. The item company is being built in early March. Thank you for your concern.

In June 21st, Zhang Tingting and Wei Yuhua, the migrant workers of Hengfeng spinning and weaving workshop in Dezhou City, both harvested the honorary certificate of "chief textile technician of Shandong province", which was awarded by Shandong textile and garment industry association. "Because it likes to study, so there are some technical achievements, such as innovative roving work method, single yarn replacement speed from 60 seconds to 35 seconds, efficiency increased by 58%, from Lingxian County Hengfeng to Hengfeng group of all enterprises." Wei Yuhua said she groped out new training improvement ideas and promoted new workers to improve their operational skills, so that the new engineering learning operation time reduced from three months to one month, easing the tension of the workshop staff.

Changji, Xinjiang, as the core area of the Silk Road Economic Belt, is one of the important cotton producing areas in Xinjiang. The long staple cotton produced by it is favored by customers both at home and abroad because of its long fiber, good color and high quality. The cotton textile products are exported to overseas countries and promote the vigorous development of Changji's textile industry. China blue garments manufacturing Co., Ltd., located in the edge Textile Industrial Park of Hutubi County, Changji, has seized the opportunity of "one belt and one road" and opened up the sales of European countries. The annual number of products for men's wear, children's wear and outdoor leisure sports has reached 360 thousand sets, with an annual production value of 32 million yuan. The policy of reducing taxes and lowering taxes is in keeping with the pace of "going out" of China blue textile. This year, affected by the epidemic, the state has issued a preferential policy for epidemic prevention and control, with a solid dividend policy to help enterprises resume work and resume production.

In June 18th, Heng An Group signed a strategic cooperation agreement with the reg group, marking the further escalation of bilateral cooperation, taking an important step in resource integration, complementary advantages, and R & D and design upgrading in the field of sanitary products. At the signing site, Heng An Group Innovation Center, baby industry development department, paper wet towel purchase and RGG group exchanged technical exchanges on wet cloth and cotton napkin nonwovens and toilet paper products and masks melt melted cloth. RG group is the 10 largest enterprise in China nonwovens industry, and the 40 largest supplier of nonwovens coil materials worldwide. At the core of Dalian reguang nonwovens Group Co., Ltd., with four subsidiaries, there are 14 international advanced nonwovens production lines, with an annual output of 100 thousand tons of non-woven fabrics.

According to the Vietnam cotton yarn Association, Vietnam imported 127 thousand tons of cotton and 202 million 800 thousand US dollars in imports in May 2020, a decrease of 10% and 13.6% respectively. In 1-5, Vietnam's cotton imports amounted to 663 thousand and 200 tons and imports amounted to 1 billion 83 million US dollars, down 0.6% and 12.2% compared to the same period last year. In May 2020, Vietnam's fiber and yarn imports amounted to 57 thousand and 900 tons, with an import volume of US $121 million 500 thousand, a decrease of 23.5% and 24.3% respectively. In Vietnam, imports of fiber and yarn amounted to 404 thousand and 200 tons in 1-5 months, and imports amounted to $831 million 900 thousand, representing a decrease of 9.1% and 18.2% respectively. In May 2020, Vietnam's yarn exports amounted to 99 thousand and 400 tons, and exports amounted to US $212 million 600 thousand, which increased by 4.6% and 0.9% respectively. In 1-5 months, Vietnam exported 603 thousand and 400 tons of yarn and exported US $1 billion 355 million, down 10.1% and 21% respectively. In May, Vietnam's textile and clothing exports totaled 1 billion 867 million US dollars, an increase of 16% over the same period, and the total export volume in the 1-5 months was 10 billion 564 million 900 thousand US dollars, down 13.6% from the same period last year.

Market curve