In August 19th, 11516.0615 tons of resources were sold out of the cotton reserves, with a turnover of 11024.2025 tons, with a turnover rate of 95.73%. The average transaction price was 11916 yuan / ton, down 173 yuan / ton compared with the previous trading day, and the price of 3128 yuan was 13191 yuan / ton, down 28 yuan / ton compared with the previous day. Xinjiang cotton trade average price of 12058 yuan / ton, Xinjiang cotton discount 3128 price 13323 yuan / ton, Xinjiang cotton price increase 644 yuan / ton. The average price of real estate cotton is 11666 yuan / ton, the price of real estate cotton is 3128 yuan, 12961 yuan / ton, and the increase rate of real estate cotton is 282 yuan / ton. From May 5th to August 19th, the cumulative turnover of cotton reserves totaled 693 thousand and 900 tons, with a turnover rate of 85.30%.
Cotton prices are still down slightly, and the procurement of textile enterprises is prudent, and the procurement volume is generally small. In the mainland, Hebei, Hubei, Anhui and other places cotton picking began to pick up. On the other hand, the cotton picking market is weak. On the other hand, the cotton mill has not been on the scale. The turnover rate of the cotton mill is still high, and the turnover rate remains at a high level. The import price of cotton is stable, and the turnover is still in a weak position. Compared with the previous years, the market is still in a weak position. Some of the ginning enterprises still have part of their stock in stock, which is for the repayment of loans or the acquisition of the new year's seed cotton. The enterprises are actively seeking buyers, and the profit margins of individual resources are larger. But from the current warehouse inventory in Xinjiang, the pressure of the latter is still greater, and the cotton price will continue to be low. Zheng cotton narrow range concussion, many small added positions, is expected to have a greater probability of breakthrough, the lint spot market to maintain wait-and-see.
Acrylonitrile prices continue to be warm and volatile, the market continues to sell at a low price, middlemen are cautious about trading, terminal demand continues to be poor, and downstream goods are not well motivated, and the supply side of new devices is expected to continue production. Market operators are cautious in mind and wait for the impact of low prices. Acrylic fiber prices remain stable, the market is not static, orders for the downstream cotton mill are not very popular, the demand performance continues to be normal, the acrylic manufacturers' offer is maintained, the market is running at a moderate temperature, and the market outlook continues to wait and see. The short term acrylic fiber price is expected to remain stable.
In August, there were several sets of device maintenance plans in PTA. The inventory will be further digested. The possibility of PTA storage rebound, the pressure of PET staple supply side will not be obvious for a while. Will the industry be profitable in the near future, will it open up the market in the near future? Sticky short factory operation divide and divide, price, price, negotiation, price messy, demand continues to be weak, sticky short market will change? Raw material market repeatedly, how to grasp market opportunity? Please click the bottom of the article to read the original and get the professional analysis of spinning road 1707.
Recently, China Cotton Association went to Guangdong area to investigate. Guangdong region is the main downstream market of China's cotton textile industry. Its market changes can accurately reflect the operation of cotton textile enterprises abroad. It was learned from the visit that the market began to become lighter since April of this year, and the market downturn intensified after May. Not only the cotton spinning industry has been affected, but also the operation of other textile sub sectors is not optimistic. But cotton spinning enterprises have not lost confidence and actively responded. Some enterprises are stepping up efforts to improve products, increase the number of varieties, lock down market demand according to downstream orders, increase the number of orders, increase production, order less or no inquiry, and stop production directly. Enterprises with capital strength will increase investment in equipment and upgrade old equipment. Enterprises say that China's cotton textile industry will win by quality in the future. For the development of the market, enterprises say that the industry may be lower than last year. The trade friction between China and the United States will not only affect the cotton textile industry, but will also hurt other industries and even the global economy.
In the first half of this year, the industry textile industry overcame all kinds of unfavorable factors and maintained a smooth operation. The industrial added value increased by 7.6%. The total business revenue and total profit of Enterprises above designated size increased by 6.32% and 1.49% respectively. The growth rate of three indicators was basically the same as that of the same period last year. According to the survey of China Textile Industry Association, the prosperity index of member enterprises in the first half of the year is 69.5, down 8.4 from the same period last year. It is an objective reflection of the complex economic environment, but it is still in the relatively prosperous section. According to the data of the National Bureau of statistics, the production of Nonwovens for Enterprises above Designated Size reached 2 million 162 thousand tons, up 11.41% over the same period last year, indicating that nonwoven fabrics are important raw materials for industrial textiles, and their demand in various fields is still very large. From the export perspective, China exported 497 thousand tons of nonwoven fabrics in the first half of this year, an increase of 6.88% over the same period last year. In the first half of the year, the output of cord fabric of Enterprises above designated size was 295 thousand tons, down 9.83% from the same period last year. Cord fabric is a traditional product in industrial textiles. The application market of tire cord is very simple. It is subject to the downturn in the automotive market. In recent years, the production of tire cord cloth is basically in a state of contraction.
Filament weaving refers to the process of weaving filament yarns into textiles. China's chemical fiber filament weaving industry started in 1980s. With the progress of technology, the industry has been developing rapidly, and its application areas are also expanding. The output of chemical filament fabrics has increased from 4 billion 100 million meters in 2000 to 50 billion 800 million meters in 2018, with an annual growth rate of 15%, far higher than that of the whole textile industry, which is 3% of the annual output. It is one of the fastest growing textile industries. The annual output value of the industry is more than 200 billion yuan, and its annual export volume exceeds 15 billion meters. It has ranked first in the textile industry's textile exports for 8 consecutive years.
A few days ago, Guangdong Silk Textile Group Co., Ltd. signed a strategic cooperation agreement with Guangzhou University. According to the agreement, the two sides will actively respond to the "one belt and one way" initiative, carry forward our long silk culture, conduct in-depth cooperation in garment design, product development, silk culture promotion, and innovative personnel training, and jointly build an industry university research platform based on Guangzhou and facing the whole Guangdong, Hong Kong and Macau Bay area to achieve win-win development and help the economic development and cultural construction of the bay area.
In the 1~7 month of 2019, investors in China made non-financial direct investment in 4088 overseas enterprises in 153 countries and regions in the world. The total investment reached 432 billion 920 million yuan, an increase of 3.3% over the same period last year. The foreign direct investment in July was 68 billion 60 million yuan, an increase of 25.5% over the same period last year. In 1~7 months, China's foreign investment cooperation has made steady progress. It mainly presents the following characteristics: first, steadily promoting the investment cooperation of "one belt and one road". In 1~7 months, Chinese enterprises increased investment in 52 countries along the "one belt and one road", totaling 7 billion 970 million US dollars, accounting for 12.5% of the total period of the same period. The investment amount of the 36 countries along the "one belt and one road" area was 1 billion 380 million US dollars. Two is the continuous optimization of foreign investment structure. The three is the large number of foreign contracted projects, mainly infrastructure construction, to promote local development and achieve mutual benefit and win-win results.
Despite the escalation of tariff threats by the US government, the US footwear and footwear manufacturers have recently agreed that they always welcome goods from China. During the Las Vegas international shoes exhibition held recently, Matt Priest, chairman of the wholesalers and Retailers Association of the US footwear industry, strongly opposed tariffs on footwear. Priestly said that finding alternatives for "made in China" is not a viable option. He explained that shoemaking is a labor-intensive industry while laying stress on design and details. China's footwear industry has accumulated rich experience in this area and has built a complete ecosystem. Therefore, if manufacturers want to leave China, they have to face a series of problems such as moving production lines, finding new partners, quality control and so on, and these problems are difficult to solve in a short time. Rick Helfenba, President of the Federation of clothing, footwear and footwear industries in the United States, said that 41% of clothing, 72% of shoes and 84% of the accessories in the US market came from China. American consumers attach great importance to quality, safety, durability and other issues. China has accumulated rich experience in these areas, which is unmatched by other countries.