The Fund Has Already Intervened, Will It Stop And Rebound? Yarn Prices Difficult To Change, Forcing Raw Materials To Fall?

Market brief

The main force of zhengmian fell back, lost the 12000 mark, and explored 11900 support positions. It confirmed that the 11900 support position was effective, and the number of bulls was significantly reduced. Part of the cotton trading environment improved slightly, while some cotton enterprises took advantage of Zheng cotton's decline to purchase Xinjiang cotton at a price point, and cotton prices were stable. However, in the off-season market, the downstream yarn enterprises were still on demand, and affected by low price throwing and storing cotton, the amount of lint cotton in some areas was affected. The reserve cotton continued to be loved by yarn enterprises due to its good performance price ratio, and maintained 100% turnover. The increase in the price of the former national cotton reserves has led to a decline in the price performance of the national cotton reserves. In the short term, the demand for textile and clothing in the lower reaches continues to deepen in the off-season, and foreign trade orders return slowly.

In July 7th, the reserve cotton reserve plan was 8041.96 tons, and the actual turnover was 8041.96 tons, with a turnover rate of 100%. The average transaction price is 11533 yuan / ton, the increase price is 940 yuan / ton, the discount 3128B is 12835 yuan / ton. Among them, Xinjiang cotton has a turnover of 4532.84 tons, the average price is 11675 yuan / ton, the discount 3128B is 13047 yuan / ton, the increase price is 1152 yuan / ton, the real estate cotton volume is 3509.12 tons, the average price is 11350 yuan / ton, the discount 3128B is 12560 yuan / ton, the increase price 665 yuan / ton.

The price of acrylonitrile continues to be weak and volatile, the prices of mainstream factories are declining, the acrylonitrile intermediate market in the circulation area is low, and the supply is expected to continue to increase. The market is looking at the air atmosphere, the price downward channel is opened, the downstream users have a strong wait-and-see mentality, the market contracts are mainly traded, the spot trading is limited, and the market has many low price reports. Relatively stable, the short line continues to pay attention to factory production reduction and other news guidelines, it is expected that acrylonitrile market prices are weak and volatile. Acrylic staple fiber prices continue to consolidate, the price of raw acrylonitrile main factory prices down, acrylic fiber cost support weakened, and the current factory installation load is relatively high, manufacturers offer a steady state of mind, the downstream demand is still light, it is expected that the short-term acrylic fiber prices will stabilize.

The prosperity monitoring results of China Textile and textile circulation branch show that in June 2020, the national textile and garment professional market managers' prosperity index was 46.83, down 4.30 percentage points from 51.13 in May, and the professional market business climate index was 48.33, down 1.80 percentage points from 50.13 in May. In June, the specialized market of textile and clothing entered the off-season of traditional sales, and the overall business situation declined. In addition, the new wholesale market in Beijing city again has a cluster epidemic, which has aroused the high attention of various industries to the prevention and control of the epidemic situation in the specialized market. Under the dual function of preventing the rebound of the epidemic and the off-season of traditional sales, the prosperity index of textile and garment market has declined.

On the 3 day, Nantong Tongzhou Bay modern textile industrial park planning was released. The overall location of the industrial park is centered on high-end fabric processing, and the layout of large and long process enterprises and industrial textile production enterprises with textile products as the terminal products at home and abroad, and the introduction of high-end fabrics and upper and lower extension industries to serve the transformation and upgrading of high-end textile processing technology in Nantong home textile industry, and create national seal. Dye industry transformation and upgrading, green ecological sustainable development pilot area. The target has built three bases: the national high end fabric industry innovation base, focusing on the dyeing and finishing of home textile fabrics and functional finishing, promoting the technology hatching of water less and water free finishing, and realizing the vertical integration development of the terminal brand LED industry chain. Asia Pacific high quality home textile manufacturing base, focusing on the production of high-grade home textiles, promotes the whole industry chain and brand enterprise cluster in the home textile industry, and builds "home textile home flexible supply chain", which aims to set production and react quickly. The new global material innovation base for industrial textiles, focusing on military civilian fusion textiles and industrial textiles in the public domain, has developed and developed large health and high-performance protective textiles, and has cultivated high-tech and high value-added industrial textile industry innovation clusters. The total area of industrial park planning is 9.3 square kilometers.

One of the few large scale worsted compact spinning production bases in the world, Shandong Nanshan Zhi Shang Polytron Technologies Inc recently disclosed the initial public offering and the prospectus on the gem (Draft). The company intends to issue 90 million shares in the prospectus and raise 690 million yuan to raise funds. The fund raised is mainly used for the intelligent upgrading project of worsted wool production line. In the year of 2017-2019, Nanshan Zhi's business income mainly came from worsted fabric and clothing business. In 2017-2019, the proportion of worsted fabric income in main business income was 46.57%, 45.93% and 50.15%, respectively. The proportion of garment income was 53.43%, 54.07% and 49.85% respectively, and the proportion of main business in each phase changed. Move less.

The CITIC printing and dyeing demonstration park located in North pass District of Anyang, Henan, is a key project in Henan Province in 2019. The total investment amount is 23.5 billion, and now the construction project has completed 60% of the total investment. It is reported that the construction of the entire printing and dyeing garden is proceeding in an orderly manner according to the plan. Now the overall project design has been completed by 98%, and the equipment procurement has been completed by 86%. The on-site construction sewage treatment plant and the water treatment plant have completed 92% of the civil engineering works, and the preparations for equipment installation are being carried out in an orderly way. It was also learned that the annual production of 30000 tons of printing and dyeing base printing and dyeing Park project in Henan is currently in full swing. According to the video of enthusiastic users, the progress of the project is expected to be more than half. CITIC (Anyang) annual production of 80 thousand tons of knitted fabric industry demonstration garden project total land 530 mu, is expected to be completed and put into operation in 2020.

A few days ago, under the leadership of the Jinjiang municipal government, the China Textile Institute green fiber joint stock company came to Jinjiang to communicate with the technology leaders of more than 30 famous enterprises in the province, including Heng, Li, XTEP, Xintai, etc., and looked into the future application of new materials in the future. Lesel fiber, commonly known as "Tencel", takes natural plant fiber as raw material, and uses recycled bamboo, wood and crops as raw materials, which can be effectively recycled. It is not only energy saving, environmental protection, and sustainable development. Products can be widely used in shoes, clothing, sanitary materials, home textiles and other textile industries. At the docking site, from the line to the cloth spun material, the China Textile Institute green fiber joint stock company directly brought the finished product to the scene.

In July 3rd, customs officers of the Jiujiang Customs Department of Nanchang customs in the E-CIQ system completed the inspection and quarantine procedures for the last batch of stored cotton imported from China Cotton store (Jiujiang) Co., Ltd., marking the 5 months' closing of cotton reserves and inspection and supervision. This is the first direct import of cotton reserves in Jiangxi Province, with a total import volume of 17 thousand and 700 tons, totaling 44 batches and 1466 teas. Statistics show that since the Spring Festival, the Jiujiang customs has collected 39 votes for cotton reserves and 8796 samples for spot inspection, with 39 certificates of quality and 39 certificates of weight. Reserve cotton is one of the important strategic materials of the country, and is an important means for the state to regulate and control the cotton market. The Customs Department said that the first direct import of cotton reserves in Jiangxi is conducive to further strengthening the reserve control ability in Jiangxi, which is of great significance for ensuring the stability of supply and demand in the entire industrial chain and resisting the uncertain factors of the market economy.

According to Kyrgyzstan's Buick news website reported on July 6th, the Kyrgyzstan Statistical Commission data show that, due to the spread of the epidemic, domestic measures to prevent and control restrictions, imports of textile raw materials from China dropped significantly, from 1 to May in 2020, Ji's domestic clothing and footwear production fell by about 50%, and its output value dropped from 670 million SOM (about 8 million 600 thousand US dollars) to 349 million som.

According to statistics from the Ministry of investment and planning of Vietnam, 29200 of the companies in this (2020) 6 months ago suspended operations, an increase of about 38.2% over the same period last year. About 19600 companies are not only closed but waiting for the dissolution process, but this figure is down by about 10.2% compared with the same period in 2019. According to statistics, in June 2020, the number of newly established enterprises in Vietnam was 13700, with a registered capital of 139 trillion and 100 billion Vietnamese Dong (about 6 million US dollars). The number of new entrepreneurs increased by 27.9% compared with May, and total capital increased by 23.4% from last month. In the first half of 2020, there were more than 6.2 registered enterprises in China, with a total registered capital of 697 trillion and 100 billion Dong Dong (about 30 million US dollars), the number of enterprises decreased by 7.3%, and the registered capital decreased by about 19%. On the other hand, about 2.52 companies applied for re employment, an increase of 16.4% over the same period in 2019. The total number of newly established enterprises and business resumed businesses in the first half of 2020 amounted to 8.72, but still 1.5% less than that in the same period in 2019.

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