How Much More Cotton Will Go Ahead Of The 0 Turnover? The Price Of Yarn Wants To Rise, But The Transaction Is Bad.

Market brief

In January 3, 2019, the number of New Zealand's cotton entering the market was 7000 tons. No transaction has been made for five consecutive trading days. In from December 2nd to 26th, the total turnover of Xinjiang cotton reached 37000 tons, of which 3160 tons were accumulated in the Xinjiang warehouse, and 33840 tons were accumulated in the mainland warehouse, and 52 enterprises were competing for sale. Sixth weeks (6-10 January), Xinjiang cotton entered the bid price (discount standard grade 3128B) 13869 yuan / ton, up 291 yuan / ton.

The main force of Zheng cotton was opened and concussion, and short positions were reduced slightly. The short line is still mainly callback, and the first target is near 14000 yuan / ton. Spot cotton prices continued to rise slightly, but the purchase and sale of lint continued to turn pale. The price of base point prices rose sharply with the increase of Zheng cotton. The buyers had a strong psychological conflict. The price of basic point prices basically stagnated, and the price of quotations increased slightly. Sino US trade relations continue to improve, the industry is optimistic about the cotton market, but the Spring Festival holiday approaching, the downstream cotton mill stocking demand is limited, part of the textile enterprises began to wait and see, the single transaction has been significantly reduced, the downstream cotton mill quotes cotton yarn has increased, but the scope is limited, and some enterprises after the price adjustment is difficult to implement, with the cost of raw materials, cotton mill, the profitability of the cotton mill decline, cotton prices rise to downstream downstream conduction is not smooth.

Acrylonitrile prices are weak and volatile, the market pays close attention to the progress of the restart of the maintenance device, some of the middlemen have a strong mentality, and the idea is clear at the beginning of the month. It is obvious that the market is expected to keep stock in the near future during the Spring Festival. The supply of goods in some areas is generally normal. With the restart of the maintenance device, the supply of acrylonitrile market is expected to increase. Acrylic fiber prices continue to be stable, downstream factories generally have enthusiasm for production, enthusiasm for raw materials procurement is not high, and acrylonitrile cost pressure continues, there is no change in factory information. Manufacturers' mentality is stable for a while. It is expected that the price of short acrylic fiber will stabilize and collate, and concern about factory news.

In 2019, cotton production in Xinjiang continued to maintain the highest level in the country, reaching 5 million 2 thousand tons, although it was 2.1% lower than that in 2018, but the proportion of total output in the country increased by 1.1 percentage points over the same period, reaching 84.9%. Xinjiang's total cotton production, yield per unit area, planting area and commodity allocation ranked first in the country for 25 consecutive years. According to the latest data from the National Bureau of statistics, Xinjiang sown area of 38 million 107 thousand and 500 mu in 2019, an increase of 2% compared with 2018, accounting for 76% of the total area in the country. Xinjiang cotton (lint) production per unit area of 131 kg / mu, continue to be higher than the national average yield per unit area, higher than 13.7 kg / mu. In recent years, whole mechanization has been widely applied in cotton fields in Xinjiang. The Xinjiang Uygur Autonomous Region agricultural and rural office data show that more than 9 cotton fields in northern Xinjiang have been fully mechanized, and the mechanization rate of cotton harvesting in southern Xinjiang is also increasing year by year. In 2019, the total area of cotton production in the whole region exceeded 11 million 500 thousand mu for the first time, and Xinjiang's position as a national high quality cotton production base was further consolidated. In 2019, Xinjiang gradually reduced the number of cotton varieties, and promoted the "one main, two subsidiary" seed use pattern in the whole region. The main varieties accounted for more than 73% of the total cotton planting area, and the cotton quality uniformity increased steadily. At the same time, the main cotton producing areas in southern Xinjiang actively promote cotton drip irrigation, water and fertilizer integrated machine cultivation mode, and achieve cotton production cost saving and synergy.

Data show that in December 2019, the prosperity index of managers and merchants of textile and garment market in China dropped slightly, and the stock index of businesses returned to more than 50. From the manager's prosperity index, in December, the manager's prosperity index was 49.35, down 1.03 percentage points from 50.38 in November, and the operating environment index was 50.65, 0.32 percentage points lower than that of November's 50.97. From the business climate index, the business climate index of the total index is 50.46, down 0.09 percentage points from 50.55 in November, and the operating environment index is 50.92, up 0.15 percentage points from 50.77 in November. What is worth mentioning is that in December 2019, the proportion of reducing the inventory of merchant stock was 10.64%, an increase of 5.71 percentage points compared with that of November, and the inventory index of the merchant was 50.28, 0.42 percentage points higher than that of November 49.86, and the inventory index of the merchant household index returned to 50 above the line of decline, and the stock pressure had been alleviated slightly in the December.

In December 30, 2019, the Jiangxi provincial chamber of Commerce and industry came to the Ganzhou municipal market supervision bureau (the office of the leading group of textile and garment industry) and held a forum. The leadership of the Provincial Bureau of industry and Commerce indicated that the growth rate of the textile and garment industry above the scale and the main business income of the whole province is only about 2%. The growth rate of Ganzhou can maintain more than 12%, which is very difficult. It fully embodies the resolute determination and efforts of Ganzhou municipal Party committees, governments and the textile and garment industry. Support for hosting the Expo, design competition, construction of public platforms and project funding was put forward, and solutions and support measures were put forward. The meeting pointed out that the textile and garment industry is a traditional industry that enriching the people and strengthening the county. We should develop textile and garment industry, enhance planning guidance, and further identify the direction of development. We should combine the two characteristics of textile and clothing functional and fashion to form industry characteristics and create industrial characteristics; we must take market as the guidance and take enterprises as the main body to fully stimulate the vitality of their own development.

At 11 a.m. on January 1st, firecrackers were all singing and laughing in Hetian textile industry park. Here, Tian Wang textile 100 thousand spindles cotton spinning production line is officially put into operation. Tian Wang textile 100 thousand spindles cotton spinning production line is one of the key support projects for the development of textile and garment industry in the autonomous region. It has lasted nearly two years from the establishment, preparation, operation to the formal commissioning. The total investment of the project is 250 million yuan, and the main technology of the process mainframe is the world's most advanced blowing carding unit, coarse and fine connection, pallet type full automatic winding process and so on. The overall equipment reaches the leading level in China. After the project has been put into full production, more than 600 local rural surplus labors and poor people have been directly employed, and they have indirectly led thousands of cotton farmers, which has good social and economic benefits.

In recent years, Shangyu District, Shaoxing, Zhejiang has focused on improving the quality of water environment, and promoted the construction of "zero direct discharge area of sewage". The 90 chemical enterprises scattered outside the park and more than 20 printing and dyeing enterprises have been integrated into the park. Up to now, 36 industrial parks (industrial agglomeration areas) in Shangyu have started construction projects of "zero direct discharge area of sewage", with a total investment of 22 million 910 thousand yuan. Shangyu district should seize the source and control the key node, promote the transformation project of rainwater and sewage diversion in the park, implement the standardized transformation of the discharge port, and build the "last mile" sewage pipe network of the township (street) industrial enterprise to reduce the pollution from industrial sources. At the beginning of 2019, with the local two companies sluice as the mark, Shangyu road ruins Chemical District shut down and quit. Shangyu has promulgated a standard for upgrading and upgrading chemical industry, and has strict benchmarking on such problems as backward production capacity, low standards, and disordered layout. In the past three years, 79 chemical industries have been shut down and transformed, and 395 enterprises have been eliminated.

Constantly improving the level of production technology of textile enterprises, the cost of enterprises will also decrease. Then, how can we solve the problem of recruitment difficulties and higher labor costs? Wang Zhangzhao, general manager of China Textile Foreign Economic and Technological Cooperation Co., Ltd., told reporters: "in the future, our cooperation with Pakistan is all-around because Pakistan first purchases our textile machinery in large quantities. So we export the machine to them on the one hand, and buy the products back to China on the other hand, so we are carrying out the comprehensive cooperation or the strategy of big textile.

Fujian's "richest county" Jinjiang held a centralized signing and completion of the project in January 2nd, of which 101 projects were completed and completed, and 70 projects were signed at the scene, with a total investment of 73 billion 413 million yuan. Among them, the Li Lang logistics park project, which was invested by Li Lang (China) Limited, was officially launched, located in the Quanzhou Comprehensive Bonded Zone, with a total investment of 335 million yuan, with a total construction area of about 125 thousand square meters. The project will be developed in two phases, and the first phase of the project will be completed in 2021. It is understood that, in the 70 projects signed on that day, the investment amount exceeds 17 yuan (including), and plans to invest 13 billion 484 million yuan, accounting for 62.24% of the total investment; 36 industrial projects, plans to invest 9 billion 398 million yuan, accounting for 43.38% of the total investment; the signing of formal agreements is 56 projects, accounting for 80% of the total number of contracted projects. It is worth mentioning that this contract project presents five characteristics: focusing on traditional strong industry chain, focusing on high-tech industry development, focusing on upgrading and upgrading modern service industry, focusing on urban formats, accelerating prosperity, and focusing on "zero land" investment and revitalizing resources.

Due to the unknown global economic outlook, Vietnam's cotton imports in 2019/20 fell from 7 million 600 thousand packages to 7 million 200 thousand packages, and the proportion of cotton in the United States will still be around 55%. According to the Vietnam textile and Apparel Association, Vietnam's textile and clothing exports in 2018 were 36 billion US dollars, up 16% over the same period last year, and the planned export volume in 2019 was 40 billion US dollars, up 11% over the same period last year. As the United States imposed tariffs on Chinese clothing, some overseas orders went from China to Southeast Asian countries, including Vietnam. The United States is the largest buyer of Vietnamese clothing, accounting for more than 35% of Vietnam's clothing exports. In 2018, Vietnam's clothing exports to the United States were close to US $14 billion, up 12% over the same period last year. In 2018, Vietnam's cotton yarn exports to China increased by 3% over the same period last year, and increased by 19% in the 1-8 months of 2019, but most of the growth came from the textile enterprises invested by China and Taiwan, China. Although the number of these enterprises is not large, the output of the spindle spindle accounts for nearly half of the total output of Vietnam. Because the yarn produced by these mills is mainly supplied to the parent companies in China, they are not sensitive to the fluctuation of yarn prices.

Market curve