Demand Is Sluggish, Sticky, Short And Easy To Sell. Before The Mid Autumn Festival, Quotations Will Be Stable. Will National Day Still Be Stable?

Market brief

In September 10th, 11962.2749 tons of resources were sold out of the cotton reserves, with a turnover of 11880.8379 tons, with a turnover rate of 99.32%. The average transaction price was 11971 yuan / ton, up 74 yuan / ton compared with the previous trading day, and the price of 3128 yuan was 13204 yuan / ton, down 10 yuan / ton compared with the previous day. Xinjiang cotton trade average price of 12260 yuan / ton, Xinjiang cotton discount 3128 price 13555 yuan / ton, Xinjiang cotton price increase 1098 yuan / ton. The average price of real estate cotton is 11697 yuan / ton, the price of real estate cotton is 3128 yuan, 12871 yuan / ton, and the increase rate of real estate cotton is 414 yuan / ton. From May 5th to September 10th, the cumulative turnover of cotton reserves totaled 849 thousand and 800 tons, with a turnover rate of 85.02%.

Zheng cotton suffered many bull shakes and turbulence, and short-term Zheng cotton will still shake the range. The spot market of lint cotton is still in general. The new cotton market continues to increase. The price of cotton enterprises in different regions has been divided. The purchase price of cotton seed in the mainland has become stable after a substantial rise in the purchase price of cotton seed in the mainland. The cotton mill has a steady acquisition, the cotton picking capacity in Xinjiang is limited, the cotton mill is open to scale, and the amount of seed cotton purchase is limited. Most enterprises are not in a hurry to buy it, and the new year's lint market will need to enter the market after the end of September. The reserve cotton business continued to maintain a good momentum, the recovery of terminal demand was slow, the downstream procurement was not ideal, and the supply of all kinds of cotton resources was adequate, and the demand for short-term spot lint was limited. Cotton prices were also difficult to meet the upward trend. The short term was still mainly stable and partly fluctuated.

The acrylonitrile market has maintained a side-effect arrangement, with a cautious look at the purchasing habits of the downstream users. At present, the factory inventory is still low, traders are paying attention to the price. The price of the mainstream factories in September is 11700 yuan / ton. At the beginning of the month, the price of the retail offer is 12500-12600 yuan / ton for some time, and some of the prices are even higher. The center of market turnover is limited. In October, the time of the turning point of the acrylonitrile market appeared, but the factors such as poor terminal demand and poor mentality of the operators still exist. Acrylic fiber prices continue to be stable, there is no other guidelines on the news, acrylic fiber plant start-up enthusiasm is not high, the northeast big factory maintenance plan, manufacturers offer a steady state of mind, short-term concern about the cost side change, is expected to continue to stabilize acrylic fiber prices.

According to the latest statistics from the General Administration of customs, the export volume of textiles and clothing in China was 25 billion 714 million US dollars in August 2019, a decrease of 6.54% compared to the same period, a decrease of 4.95% over the same period last year. Among them, exports of textiles (including textiles, yarns, fabrics and articles) amounted to $10 billion 14 million 700 thousand, a decrease of 2.61% compared to the same period last year, and exports of clothing (including clothing and accessories) were 15 billion 698 million 900 thousand US dollars, down 6.38% from the same period last year. In 2019 1-8, the total export volume of textiles and clothing in China was 177 billion 440 million US dollars, down 1.99% from the same period last year. The total export volume of textiles was 793.972 US dollars, up 0.96% over the same period last year. The total export volume of garments was 98 billion 42 million 400 thousand US dollars, down 4.26% from the same period last year.

In September 8th, the round table meeting of Jiangsu Italy textile and garment industry was held in Haian. A delegation from the Italy Industrial Association, the China Textile Industry Federation, the Jiangsu Textile Industry Association, and some chamber of Commerce and entrepreneurs representatives attended the meeting. Textile industry is a pillar industry in Haian and a gold stamping business card. Haian has always attached great importance to the development of the textile industry, set up a billion yuan industrial development fund, and formed a "strong government promotion, departments to cultivate efforts, the chamber of Commerce meticulously organized" cultivation mechanism. A group of excellent textile and garment enterprises such as Luen Fat Group, Xinyuan group, Wen Feng Chemical fiber and so on have been listed in the list of "top 500 competitiveness of China's textile and garment enterprises" for many years. We hope to take this conference as an opportunity to further promote the exchanges between our city and Italy's textile industry, promote the docking of enterprises, increase industrial cooperation, and achieve mutual benefit and win-win results.

It is understood that the China Textile Industry Federation launched the 2020 carbon management innovation act in 2017. In 2018, it signed the UNFCCC Convention on climate action with the 31 global brands and textile enterprises and 11 industry organizations to promote the global fashion industry to reduce the total emissions of greenhouse gases in the fashion industry by 30% in 2030, and phase out coal-fired boilers or other facilities that generate heat and electricity through coal combustion. On this basis, the China Textile Industry Federation upgraded the action to the "fashion climate innovation 2030 action". It hopes to quickly shorten the recognition and application cycle of emission reduction innovation and emission reduction technology through industrial scale effect, enhance energy efficiency and energy innovation, reduce energy consumption costs, accelerate the transformation of low carbon, and create a low carbon brand of China's fashion industry through industrial collaboration, and enhance the international competitiveness of Chinese enterprises in the global low carbon supply chain.

Yuncheng county promotes the optimization and upgrading of cotton textile industry: Yuncheng county is a "famous cotton textile city of China", which belongs to Heze City, Shandong Province, located in the southwest of Shandong province and northeast of Heze city. There are more than 400 textile enterprises, including 180 spinning enterprises, 3 million spindles, 10 chemical fiber enterprises, 120 thousand tons of chemical fiber annually, 190 weaving enterprises and 15 thousand looms. In recent years, the Yuncheng county Party committee and county government attached great importance to the development of the textile industry, formulated excellent policies and measures to support and encourage technological innovation of enterprises, and guided enterprises to attach importance to inventions, strengthen brand awareness and brand building efforts, continuously improve product quality and enterprise integrity, lay a solid foundation for brand building and enhance the comprehensive strength of industrial clusters. At present, most textile enterprises in Yuncheng County employ 50-60 workers, and some enterprises reach 30 people, and the quality of products has also been improved significantly.

Recently, a Lenzing Co in Austria spread the spread of Tencel in the industry widely disseminated. According to reports, Lan Jing plans to invest more than 1 billion euros in the next few years to expand the production of Lyocell (Lesel, commodity name "Tencel") fiber. The first step will be to invest 400 million euros in Thailand to build an advanced factory for the production of the, which is expected to be put into operation at the end of 2021, and the annual output will reach about 100 thousand tons. In the future, he said, he will continue to look for possible production bases in the rest of the world. In view of this, domestic experts analyzed that "this is Lenzing Co's sense of threat from China". By 2025, the domestic fiber will produce an annual output value of 25 billion yuan, and the output value of new textile fiber and textile machinery will be more than 300 billion yuan.

In order to avoid the impact of the US tariff war on China, Japanese enterprises accelerated the transfer of production strongholds from China to other countries. Due to the intensification of the Sino US trade war, the appreciation of the Japanese yen and the depreciation of the US dollar directly impact the export of Japanese enterprises, while the Sino US trade war caused the global economic slowdown and also increased the risk of the deterioration of the Japanese economic prospects. Arthur, a sporting goods company (ASICS), moved its export commodity producing strongholds to Vietnam and Indonesia in the autumn of 2018. The casual clothing brand "Uniqlo" exports most of the goods in the United States manufactured in China. It is now studying the adjustment of the production system, while the RICOH of the printing machine has moved the US production base to Thailand in July (2019). Nintendo is also expected to move part of the main commodity production to Vietnam in December this year. According to the results of the International Monetary Fund (IMF) published in July, the world's overall real economic growth rate in 2019 was estimated at 3.2%, 0.1 percentage points lower than the April estimate and Japan's 0.9% and 0.1 percentage points respectively.