The Effect Of Selling Goods Is Limited, And The Bidding Pressure Of Yarn Enterprises Is Increasing; Is The Rumor Of Low Price Of Viscose Staple Fiber Come True At The End Of The Month?

Market description

Zheng cotton main shock rise, long small increase, near the top pressure of 12200, close attention to the performance of Zheng cotton near this point. Driven by Zheng cotton, the spot cotton price rose slightly, but the domestic demand was still weak. The purchase and sale of spot cotton remained light, and the market was still in a strong wait-and-see mood. In addition, driven by the daily increase in the average transaction price of cotton auction and storage, the cotton holding enterprises gradually raised their price psychology, reluctant to sell at a low price, and the transaction price increased steadily. However, the downstream cotton mills still bid for low-priced reserved cotton, and the spot cotton market was closed It is difficult to increase the quantity of cotton. In addition, with the deepening of the off-season, the number of orders of downstream yarn enterprises is not large, and even runs at negative profit. The purchase of raw materials is still dominated by rigid demand, and the dull demand has become the main theme of the market in the near future. It is expected that the cotton price will maintain a slow upward trend.

The daily turnover rate of cotton was 807439 tons, and the actual turnover rate of cotton was 7448.48 tons. The average transaction price was 11658 yuan / ton, up 73 yuan / ton from the previous day, or 12898 yuan / ton at 3128 yuan / ton, 18 yuan / ton higher than the previous day. The average transaction price of Xinjiang cotton is 11813 yuan / ton, which is 114 yuan / ton higher than the previous day. The price of Xinjiang cotton converted to 3128 yuan / ton is 13041 yuan / ton, which is 7 yuan / ton higher than that of the previous day. The price increase of Xinjiang cotton is 1012 yuan / ton. The average transaction price of real estate cotton was 11366 yuan / ton, which was 8 yuan / ton lower than the previous day. The price of 3128 yuan / ton of real estate cotton was 12631 yuan / ton, which was 37 yuan / ton higher than that of the previous day. The price increase of real estate cotton was 602 yuan / ton. From July 1 to July 13, the total transaction volume was 72494.5651 tons, with a turnover rate of 100%. This week (July 13-17) reserve cotton sales base price is 12029 yuan / ton (equivalent to standard grade 3128b), up 134 yuan / ton compared with the previous week.

The market price of acrylonitrile fluctuated at a low level, the offers of mainstream factories declined in a narrow range, and the bearish mentality in the downstream was obvious. The transaction atmosphere in the spot market was still poor, and the current price had reached the expected level. Despite the oversupply, the inventory of acrylonitrile manufacturers was still controllable, especially the production and sales of large factories in East China remained stable, and the overall quotation was still high, considering the cost pressure and settlement It is expected that the middlemen will continue to be low, and it is expected that the short-term acrylonitrile prices will remain weak. The price of acrylic staple fiber continues to be stable, the price of raw material acrylonitrile factory is weak and volatile, the cost support of acrylic fiber is weakened, the downstream demand of acrylic fiber is still weak, the start-up rate of yarn mill is still not high, and acrylic fiber manufacturers have no power to raise prices. It is expected that the price of short-term acrylic fiber will remain stable.

From July 15 to 17, the three-day Dawan District International Textile and clothing Expo will open at Shenzhen International Convention and Exhibition Center (Bao'an New Museum). Dawan District Textile Expo gathers four major professional exhibitions - Dawan District international textile fabrics and Accessories Expo, Dawan District international clothing and apparel Expo, Dawan District international textile yarn Expo and Dawan District International Knitting Expo, with an exhibition scale of 80000 square meters and more than 2000 participating enterprises. During the exhibition period, more than 40 well-known brand buyers will be gathered in Dawan District international textile fabrics and Accessories Expo to carry out the business docking activity of "Intertextile super buyer group entering Dawan district". The exhibition will also hold a number of trend release and market industry hot spot seminar activities, 2021 / 22 autumn and winter men's and women's wear fabric trend forecast, 2021 / 22 autumn and winter China's textile fabric trend, design scene oriented fabric development solution seminar directly against consumption pain point, sustainable & Fashion "symbiotic law" interpretation and other diversified activities will be held at the exhibition site, so as to meet the demand of customers Emphasis on demand.

According to the data of the National Bureau of statistics, China's chemical fiber output from January to May was 22.94 million tons, a year-on-year decrease of 3.16%, and the decline rate continued to narrow by 1.81 percentage points compared with January to April, and the performance of various subdivision products was different. Among them, the output of viscose staple fiber was 1148800 tons, with a year-on-year decrease of 34.34%, which was 4.84 percentage points deeper than that of January to April; the output of polyester fiber was 18145200 tons, with a year-on-year decrease of 2.30%; the output of spandex was 316900 tons, with a year-on-year decrease of 0.49%, which did not continue the growth trend from January to April; the output of nylon was 16366100 tons, with a year-on-year increase of 1.30%, which reversed the situation of decrease from January to April.

According to China Railway Urumqi Bureau Group Co., Ltd., since this year, Xinjiang Railway has improved service measures, improved transport efficiency, and ensured the stability of the industrial chain and supply chain. In the first half of this year, the freight volume reached 83.4431 million tons, an increase of 19.3% compared with the same period last year. In the first half of the year, Xinjiang Railway shipped 41.6164 million tons of coal, 7.782 million tons of ore, an increase of 45% over the same period of last year, and 2.4377 million tons of cotton, up 102% year-on-year.

Jinfa Technology Co., Ltd. released the performance forecast for the first half of 2020 on the afternoon of July 12. It is estimated that the net profit attributable to shareholders of listed companies will be 2.345 billion yuan to 2.446 billion yuan, an increase of 1.835 billion yuan to 1.936 billion yuan compared with 510 million yuan in the same period of last year. In the first half of the year, the profit rate of plastic products of bio chemical industry increased steadily. At the same time, it plays an active role in the company's production of melt blown fabric and material. However, Jinfa technology also admitted that with the strengthening of epidemic prevention and control, the global demand for epidemic prevention goods may change, and the sustainability and growth potential of the company's anti epidemic materials and supplies sales performance in the future are uncertain.

Xinlong Holdings (000955) disclosed the performance forecast on the evening of July 10. The company's half year net profit in 2020 is expected to be 140 million yuan to 190 million yuan, and the company lost 6.564 million yuan in the same period of last year. Due to the impact of the new global epidemic situation, the market demand for medical and health protection products at home and abroad has increased sharply. As the supplier of the raw materials of non-woven fabrics in the upstream of the above-mentioned medical protection materials, the sales volume of the products increased abnormally driven by the market demand.

Industrial medical (300677) released the semi annual performance forecast for 2020 on the evening of July 10. It is estimated that the net profit attributable to shareholders of Listed Companies in the first half of the year will be 1.9-2.1 billion yuan, an increase of 2581.8% - 2864.1% compared with the same period last year. As for the reasons for the performance change, the company said that during the reporting period, due to the impact of the new coronavirus epidemic, the global demand for disposable protective gloves surged, and the price of disposable protective gloves of the company increased significantly, which increased the sales revenue and gross profit margin. Analysts said that the new round of epidemic not only brought about the outbreak of protection demand, but also gave birth to a strategic opportunity for restructuring the global disposable protective gloves industry pattern. Although Malaysia is still the main supplier of nitrile gloves, compared with Malaysia, China has many advantages, such as raw materials, energy, land cost, labor force and so on. In the future, the nitrile gloves industry will be transferred to China. According to the project, Yingke will have a reasonable capacity to expand medical gloves by 2024 billion.

Zhejiang Runtu Co., Ltd. released the performance forecast for the first half of 2020 on the evening of July 10. It is estimated that the net profit in the report period will be 370 million to 420 million yuan, which is 49.24% - 55.28% lower than 827 million yuan in the same period of last year. As for the reasons for the performance change, Runtu shares explained that: affected by the epidemic, the resumption time was delayed, normal production and operation activities were affected. In addition, the continuous outbreak of the epidemic in foreign countries made the export of textile and garment industry seriously hit, the confidence of downstream textile printing and dyeing enterprises was insufficient, the price of main products of the company was weak, and the sales volume and price were both decreased compared with the same period of last year, which made the company's own owners At the same time, the impact of non recurring profit and loss on the net profit of Runtu shares during the reporting period was about 204 million yuan, mainly due to the government subsidies related to income.

Zhejiang Longsheng (600352. SH) announced that on July 10, 2020, the company received the "reply on approving Zhejiang Longsheng Group Co., Ltd. to publicly issue corporate bonds to professional investors" (zjxk [2020] No. 1380) issued by China Securities Regulatory Commission, and approved the company's registration application for issuing corporate bonds with total face value no more than 10 billion yuan to professional investors. The company agrees to issue the bonds within 12 months from the date of registration. The reply shall be valid within 24 months from the date of approval of registration.

Egypt will start building the world's largest spinning factory in Mahara, the largest city in western province, with a total investment of more than 21 billion EGP (about 9.2 billion yuan), Egyptian media reported on the 10th, local time. Taufik said the spinning and weaving company of the Egyptian public sector is preparing to build a cotton textile holding company to build the world's largest textile mill in Mahara. At present, the company has signed the contract. The construction area of the factory is 62500 square meters, with an average daily output of 30 tons of yarn. The construction period of the factory is about 14 months, and the construction cost is about 780 million EGP. The total planned investment is over 21 billion, including the comprehensive development of plant and machinery, as well as management, marketing and training systems. The project plans to integrate 23 Egyptian spinning, weaving, dyeing and processing companies into nine companies, while tripling current production capacity. The merger is expected to be completed by the summer of 2021.

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