Five Brands Of Designated Staple Fiber Delivery Have Been Added To The Global Textile Trade Office

According to the real-time statistics of worldomers, as of 06:16, November 14, Beijing time, the number of confirmed cases of new coronavirus has reached 53.66 million, 590107 cases have increased to 53665835 cases, 1.3 million cases have died, and 9019 cases have increased to 1307646 cases. The number of countries with more than 100000 confirmed cases worldwide has increased to 57. In addition, Venezuela has more than 90000 confirmed cases. More than 100 000 new cases have been confirmed in the world. As of 06:15, November 14, Beijing time, 11.03 million new coronavirus cases were confirmed in the United States, with 154884 new cases.

In recent years, the traditional market of China Light and textile city has been driven up by the transaction of polyester filament and spandex coated silk in winter and spring. In the near future, the spot market of women's Polyester / spandex elastic fabric has gradually increased. The turnover of some front store and back factory fabric companies and large-scale business outlets has accelerated, and the spot transaction volume is both large and small. The second outbreak of the news, let the recent slightly improved textile market suddenly cast a shadow! At the beginning of the year, the impact of large-scale cancellation of textile orders caused by the out of control epidemic situation in Europe and the United States has not completely dissipated. Many textile enterprises are still overstocked in the warehouse, or the payment for goods has not been fully recovered. After the double 11, the transaction was still flat, the hot spots of sales were still less, and the sales volume was still insufficient.

On November 13, the production and sales of polyester filament remained weak, and the quotations of manufacturers were flat rising, and most of them had made up their positions in the early stage of the downstream. By 4:00 p.m., the mainstream production and sales of the factory are between 30% and 40%, and the production and sales in Jiangsu and Zhejiang are estimated to be between 30% and 40%. Before that, the production and sales of polyester staple fiber fell, and the mainstream production and sales of the factory were 30-40% by 4:00 p.m. According to the data of the business agency, the top three commodities with an increase on November 13, 2020 were nylon DTY (2.80%), nylon FDY (2.13%) and nylon POY (1.99%). There were two kinds of commodities falling on a month on month basis, and the top two products were lint (- 0.08%) and PTA (- 0.08%). The average daily rise and fall was 0.54%.

Recently, the Zhengzhou Commodity Exchange announced on November 13, 2020 that Zhengzhou Commodity Exchange would increase the number of designated staple fiber delivery brands, and decided to increase Fujian Yijin, Xiamen Xianglu, Desai chemical fiber, Shaoxing hengming and Jiangnan Chemical fiber Five staple fiber brands are delivery brands. In addition, the Zhengzhou Commodity Exchange has added Xiamen Tongxin as the designated staple fiber delivery factory warehouse to carry out short fiber futures delivery business from January 4, 2021.

According to futures daily, as a "new member" of polyester futures plate, staple fiber futures have attracted market attention since its listing. On October 12, the short fiber futures contract was successfully listed on the Zhengzhou stock exchange. In the first month of listing, the average daily trading volume of staple fiber futures was 567800, and the average daily position was 176700. As of November 12, the short fiber futures had been running "full moon". In the first month of listing, the overall operation was stable, the market trading was active, the combination of futures and prices was close, the functions were initially revealed, and the industrial participation and market satisfaction were also improving.

Due to the sharp increase in the number of new cases, it has become the focus of the market again, which makes the focus shift to the aspect of anti epidemic. Recently, the sharp rise of oil price and the reports on the number of oil wells in the United States have exacerbated the negative effects on oil prices. International oil prices continued to fall on Friday. The US WTI crude oil December futures fell 99 cents, or 2.41%, to US $40.13 Brent crude oil futures in January fell 75 cents, or 1.72%, to 42.78 U.S. dollars / barrel. This week, U.S. oil rose 8.05%, and oil distribution rose 8.44%.

According to Jinqiao textile network, in the past week, cotton yarn prices in Pakistan began to decline, while cotton yarn prices in India fell for the first time in three months. Clothing sales fell again after the second outbreak in European countries, affecting the demand for raw materials of clothing factories in Pakistan. At the same time, the domestic cotton price fell again, leading to the reduction of the ex factory price of cotton mills, and the decline of 20 common Combed Yarns by 1.46%. However, due to the reduction of mill inventory, the export price was relatively firm. However, with the reduction of cotton production this year, Pakistan's cotton prices will remain firm for some time to come. According to the U.S. Department of agriculture forecast, Pakistan's cotton production in 2020 / 21 will decrease by 19.3% year-on-year and 34% in two years. Therefore, cotton import is expected to increase by 50% in two years.

According to the statistics of the Ministry of Commerce of Myanmar, the total export volume of ready-made clothing was 4.28 billion US dollars in the 2019 / 20 fiscal year, which was 6.95% lower than that of the same period last year. Myanmar Global Star News reported that Myanmar's ready-made clothing industry exported to EU countries was the main force of traditional export, accounting for about 30% of the total export volume. Due to the impact of the new epidemic situation, the import of garment raw materials was hindered and the international market needed The closure of some garment factories has resulted in the unemployment of thousands of employees.

According to foreign media reports, Su Shimin, chairman and chief executive officer of Blackstone Group, said that the epidemic will accelerate the application of disruptive technology in many industries, such as traditional physical retail. In fact, before the outbreak of the epidemic, these industries were faced with severe pressure, and these industries were facing further shrinkage. We expect faster growing economies and sectors, such as technology and healthcare, to continue to grow and lead the economy as a whole.