Stick Short Centralized Replenishment 1-2 Months, There Are Still Many Yarn Enterprises Tangled Wait-And-See, Deadlock Or Increase?

Market description

Affected by the upgrading of Sino US relations, Zheng Mian's main force has stepped back to the 11900 mark, and its long positions have been significantly reduced. Recently, Zheng Mian is still in the range of 11900-12500, and we should pay attention to the performance of Zheng Mian's main force near 11900. In order to stabilize the price of lint, the purchasing enthusiasm of the downstream cotton mills is not high. Some enterprises just need to purchase small orders. In addition, the state-owned cotton company continues to complete the transaction. The cotton holding enterprises are not fast in shipping. The overall purchase and sales of cotton market remain at a low level. Moreover, with the deepening of the weak season, the downstream yarn sales are generally reduced, and the profits are declining or even in a loss situation In the short run, both domestic and foreign cotton markets are lack of positive boost. Cotton prices continue to fluctuate in the range, focusing on Sino US relations and the impact of global economic stimulus policies.

On July 24, 8508.828 tons of sales resources were sold by the reserved cotton wheel, and the actual transaction volume was 8508.828 tons, with a transaction rate of 100%. The average transaction price was 11393 yuan / ton, down 168 yuan / ton from the previous day, or 12736 yuan / ton at 3128 yuan / ton, 34 yuan / ton lower than the previous day. The average transaction price of Xinjiang cotton was 11916 yuan / ton, which was 93 yuan / ton higher than the previous day. The price of Xinjiang cotton converted to 3128 yuan / ton was 13185 yuan / ton, which was 265 yuan / ton higher than that of the previous day. The price increase of Xinjiang cotton was 1229 yuan / ton. The average transaction price of real estate cotton was 11144 yuan / ton, which was 185 yuan / ton lower than the previous day. The price of 3128 yuan / ton of real estate cotton was 12523 yuan / ton, 114 yuan / ton lower than that of the previous day. The price increase of real estate cotton was 567 yuan / ton. From July 1 to July 24, the total transaction volume was 146984.5895 tons, with a turnover rate of 100%.

The price of acrylonitrile tends to stabilize. The monthly settlement of mainstream factories is below 7200 yuan / ton, slightly exceeding the market expectation. The offers of middlemen mainly refer to the factory prices. Some high-priced offers have also been heard. Some businesses still have general expectations for the future market. They are mainly cautious in trading. There is no obvious change in the short-term downstream demand. The market supply is still abundant. Whether the price can rebound still needs to be concerned The trend of the plant, some manufacturers will maintain the rhythm of production restriction, and the price of acrylonitrile is expected to remain low in the short term. The price of acrylic staple fiber has been stabilized and consolidated. The prices of mainstream factories of raw material acrylonitrile have been announced, and the cost support of acrylic fiber has been weakened. At present, there is no new news guide for the factory. The downstream factories are in general production and sales, and the enterprises have inventory. The operators are worried that the follow-up demand is insufficient, and the start-up rate of acrylic enterprises is still expected to decline. It is expected that the price of short-term acrylic fiber will hardly change significantly.

As of July 22, 2020, there are 962 cotton processing enterprises in China in 2019 / 20 to process cotton according to the requirements of the reform scheme of cotton quality inspection system and conduct notarization inspection. The inspection quantity reaches 23449554 bales and 5292617 tons. Among them, 810 cotton processing enterprises in Xinjiang have notarized 22732094 bales, 5131477 tons; 152 processing enterprises in the mainland have notarized and inspected 717460 bales, 1614100 tons.

In late June 2020, the national cotton market monitoring system launched a nationwide special survey on cotton growth. The samples involved 15 provinces (autonomous regions), 50 cotton planting counties (cities, farms) and 1895 fixed-point cotton planting information contact households. According to the survey, as of the end of June, cotton in most cotton areas in China grew well, and the number of fruit branches, buds and bolls increased year on year. It is expected that the time for scale picking is normal or ahead of schedule. If the weather is normal in the later period, the yield of new cotton is expected to be 127.2 kg / mu in 2020, up 4.3% year on year, and the total output is 5.809 million tons, down 0.6% year on year.

Affected by the outbreak of the epidemic in Xinjiang, according to the statistics of the national cotton trading market, from July 17 to 21, the road transportation volume out of Xinjiang decreased gradually, with a total shipment volume of 14000 tons, which was 9000 tons less than that of July 12-16. In terms of railway, the shipment was basically normal. During the period from July 17 to 21, the total amount of shipment from the railway station of Xinjiang cotton professional supervision depot was 21000 tons, which was not much different from that from July 12 to 16, but higher than that of highway by 7000 tons. With the recovery of automobile transportation in some regions, the comprehensive recovery of highway transportation is also within sight. Moreover, the overall situation of the downstream has not improved significantly. In addition, the reserve can meet part of the demand. Therefore, according to the existing situation, the short-term highway transportation will not have a great impact on the purchase of raw materials by cotton enterprises.

On July 24, the production and marketing docking meeting of Jinan textile and garment industry was held in Shanghe County, which was the fifth supply and demand docking meeting organized by Jinan City since the epidemic. The purpose of the meeting is to help enterprises actively expand the domestic market, promote the local industrial chain cooperation, and promote the healthy development of the textile and clothing industry. More than 100 enterprises, including more than 50 textile and garment enterprises and 5 leading e-commerce enterprises, participated in the meeting. At the meeting, more than 20 participants introduced the production and marketing needs of the enterprises, and more than 30 key textile and garment enterprises carried out sample setting and exhibition. Jinan textile and garment industry association and Jinan Luokou Garment Co., Ltd., Shandong daluge textile and dyeing industry Co., Ltd. and Jinan HUAHAN Garment Co., Ltd., Shandong Import treasure network technology Co., Ltd. and Qilu Hongye Textile Group Co., Ltd., Shandong imp.bao Network Technology Co., Ltd. and Jinan Huafeng Textile Co., Ltd. signed contracts on site, with a contract amount of nearly 200 million yuan.

On July 21, the promotion meeting of 1 million spindles intelligent spinning industrial park was held in Jingwei Peixian Jingan Town, which was jointly funded by Jingan town and Jingwei Textile Machinery Co., Ltd. the project is located in Jingan Town Industrial Park with a total investment of 5 billion yuan, covering an area of 1200 Mu and building a standard workshop of 400000 square meters. Textile industry is one of the six leading industries in Peixian county. In recent years, Peixian county has actively practiced the development concept of "innovation, coordination, green, open and sharing", and the pace of transformation and upgrading of textile industry has been accelerated. The intelligent textile industrial park jointly built by Jingwei Textile Machinery Co., Ltd. and Jing'an town is a powerful measure for the transformation and upgrading of Peixian textile industry and the practice of green development concept. It is also a major deployment for Peixian to speed up the industrial layout and adhere to high-quality development, and is also the key choice for Peixian textile industry to accelerate transformation and upgrading.

According to customs statistics, China's cotton import volume in June 2020 was 90000 tons, 29% higher than that of the previous month and 44% lower than that of the same period last year. In 2020, China will import 890000 tons of cotton, a year-on-year decrease of 25%. Since the year of 2019 / 20 (from September 2019 to June 2020), the cumulative import of cotton was 1.3 million tons, a year-on-year decrease of 27%. In June 2020, China's cotton yarn import volume was 150000 tons, which was 6.5% lower than that of the same period last year, and increased by 50% month on month. In 2020, the total import of cotton yarn is 860000 tons, a year-on-year decrease of 16.3%.

According to the statistics of the customs, from January to June 2020, the export value of textile yarn, fabric and products at Xinjiang port was 1.948 billion yuan, a year-on-year decrease of 13.56%; the export value of clothing and accessories was 6.841 billion yuan, a year-on-year decrease of 20.63%. From January to June 2020, the import value of textile yarn, fabric and products at Xinjiang port was 129 million yuan, a year-on-year decrease of 8.73%; the import amount of clothing and accessories was 56 million yuan, with a year-on-year increase of 1891.63%.

Jilin chemical fiber (000420) disclosed the semi annual report on the evening of July 24. In the first half of the year, the company realized 1.013 billion yuan of operating income, a year-on-year decrease of 23.08%; the net profit loss was 81.422 million yuan, and the profit was 70.756 million yuan in the same period of last year. In particular, the decline in foreign chemical fiber production was caused by the expected decline in chemical fiber production. According to the data, Jilin chemical fiber is the only state-owned listed company in Jilin, which is mainly engaged in the production and sales of viscose fiber, extending the development of carbon fiber materials, and creating an integration platform of carbon fiber industry in Jilin City.

On July 22, Jiangsu Shengfang nano material science and Technology Co., Ltd. announced that since the middle of April, the sales price of ordinary non-woven fabrics has increased by far more than its raw material cost and actual production cost. According to relevant laws and regulations, Suzhou market supervision and Administration Bureau has decided to give a warning to Shengfang and impose an administrative penalty of 1.2 million. In view of this administrative penalty, the company has actively rectified and actively lowered the sales price of non-woven fabrics, which has a positive impact on stabilizing the market price. The company will pay the fine in accordance with the provisions of the administrative penalty notice of Suzhou market supervision and Administration Bureau.

In the 12 months to June 2020, Bangladesh's garment exports decreased by 18.12%. Compared with the same period in 2019, the export volume of ready-made clothes decreased to US $34.1 billion. Bangladesh's fiscal year is calculated from July to June. Specifically, compared with the same period last year, knitted garments fell 17.65% to $16.9 billion, while woven garments fell 18.58% to $17.2 billion. Exports of cotton and cotton products decreased by 12.22% to US $152.2 million. Bangladesh's largest garment exporters are Britain, Italy, Russia, Germany and the United States. In terms of cotton exports, Britain, Myanmar and India are the largest importers. The world bank has predicted that Bangladesh will lose more than 20% of its exchange earnings, equivalent to $4 billion. Last month, the European Union pledged 334 million euros to help the Bangladeshi government fight the epidemic, especially by providing cash assistance to export workers.

Market curve