Sticky Short Price Without Market Continuous, Polyester Short Stop Up To Stabilize, Yarn Market Turnover Scattered, Continue To Sell Yarn Or Stall?

Market brief

Zheng cotton main shock concussion, the main contract many small reduction warehouse, short-term need to pay attention to Zheng cotton performance near 11800. The purchase and sale of the lint spot market is light, and the export orders of downstream textile enterprises are limited, and domestic sales are in the off-season. The industry keeps a cautious attitude of waiting and watching. It is approaching the end of the cotton supply in 2019/20. The quality of the goods is uneven, and good quality sources are tight. Therefore, the good quality lint spot price is still strong, and the domestic and global economy is still in the recovery stage. Stimulating consumption, the domestic textile industry is still in a slow recovery stage, but at present, the downstream yarn and textile clothing are facing the traditional off-season, cotton enterprises are still under high inventory pressure, and other Sino US trade relations and other uncertain factors, and market sentiment is leading.

Acrylonitrile market prices continue to rise, factory inventories are low, costs continue to rise, manufacturers are still pushing the intention, downstream mainstream application field plant load changes little, acrylonitrile demand surface is relatively stable, but some maintenance devices restart, plus imported goods, support for the surface has weakened, and downstream demand no further room for improvement, the factory still has a very high price. In spite of the high price and low turnover, middlemen are expected to maintain a narrow range of acrylonitrile market prices and pay attention to the new information guidelines. Acrylonitrile prices stabilized temporarily, raw material acrylonitrile prices gradually rose, acrylic fiber cost pressure appeared again, the factory kept the intention of rising, but the downstream cotton mill start-up rate did not significantly improve, the cotton mill continued to digest inventory mainly, the enthusiasm of raw materials was still not high, and the price of raw materials was not high, and the high price raw materials had a conflict mentality, the acrylic fiber market overall turnover was light, the factory profit situation was not good, the price of acrylic fiber was expected. Following the change of cost, the short term will continue to be strong and volatile.

Recently, according to the administrative measures for the standardization of emergency management, the Ministry of state emergency management is seeking advice from the Ministry of public safety on the safety standards for production of cotton textile enterprises (Draft), and so on. The standard is to strengthen the safety management of textile enterprises, prevent and reduce production safety accidents, and guarantee the safety of people's lives and property. It has important guiding significance. The time for public consultation is from April 15, 2020 to June 15th. Feedback from cotton textile member enterprises is required to fill out the "emergency management standard project consultation form" and send it directly to the designated mailbox of the emergency management department.

A few days ago, in order to implement the new development concept and accelerate the implementation of green design, the general office of industry and information technology organized the second batch of green design demonstration enterprises for industrial products. Focusing on the industrial products such as express packaging, daily chemical products, washing products, household appliances and other textile industries, such as building materials, such as building and sanitary ceramics, decoration and decoration materials, such as light industry such as express packaging, daily chemical products, washing products, household appliances, and so on. Automobile industry and so on, select a batch of green design demonstration enterprises of industrial products. Summing up advanced experience and typical models, strengthening publicity and guidance and international exchanges, promoting green design concepts and methods, reducing resource consumption and environmental impacts from the source, enhancing the awareness of green development, and promoting the expansion and upgrading of the supply of green design products to promote green consumption.

Recently, the Lanxi textile industry construction alliance was established and the "silver enterprise red interactive" strategic cooperation launching ceremony was held in the large conference room of Lanxi economic development zone. At the launching ceremony, the two new working committee of the Lanxi municipal Party committee signed a strategic cooperation agreement with Lanxi agricultural commercial bank to deepen the red enterprise interaction and help the enterprises develop smoothly and healthfully. The agricultural and commercial behavior textile industry alliance alliance has a total credit of 1 billion 500 million yuan. It is reported that in the future, the two sides will identify the five major aspects of the party building alliance from the "party building alliance", increase support for small and medium enterprises, accurately assist individual businesses, accelerate agricultural efficiency and build service system at home, and effectively identify the docking points of Party building work and service initiatives, and actively innovate the financial products and services that are compatible with the two new organizations, and can be replicated and easily promoted. The new organizations in Xi City have been developing steadily, and the enterprises have been developing "blood vessels" smoothly.

Recently, Sichuan Ya'an Lushan Economic Development Zone, Sichuan industrial and Creative Enterprise Management Service Co., Ltd., Agricultural Bank of China Lushan County branch, Lushan County Rural Credit Cooperative Association formally signed the "garden guarantee loan" project cooperation agreement, marking the Lushan county "garden guarantee loan" project formally implemented. The project clearly arranges compensation from provincial finance and pilot industrial parks. Enterprises in the park pay mutual guarantees to form a pool of risk compensation funds. After enlargement, they provide financing support to the enterprises in the park. At the same time, there are financial funds for risk guarantee. "Park insurance loan" reduces the demand for collateral, but also reduces the interest on capital, and maximizes the effectiveness of "42 appropriated funds" of financial funds. "With a loan of 1 million yuan, the" Yuan Bao loan "will save interest more than 30 thousand yuan a year. Mou Changjing, director of Sichuan Bo Yang Textile Co., Ltd.

On the morning of June 3rd, the Nantong Yining textile industry joint meeting was held in Nantong municipal market supervision and Administration Bureau. The government and enterprises from Xinjiang Yining county introduced the local industrial policies and advantages to Nantong enterprises, attracting Nantong enterprises to Yining to exchange and develop. "The whole project will form a new industrial town with integration of industries in the future, and the planning will take place around the home textile industry." Yili welun Textile Technology Co., Ltd. will introduce the operation of the company in Yili. The person in charge of the enterprise said that no matter from Yining's local cultural environment or business environment, he was very satisfied. "Especially in the government docking, what are the needs of our enterprises? They are the first time to help us coordinate the solution. There are many preferential policies in Xinjiang, which has great advantages for us to reduce costs." Zhang Yingchun, director of the Yining provincial Party Committee Standing Committee and the Yidong Industrial Park Management Committee, said that Yining county is a large population in Northern Xinjiang, with abundant labor resources at the right age, low cost of energy and other production factors, and abundant land resources. It is an unusual choice for Nantong enterprises to change their cage and change their birds and industrial transfer.

In May 29th, the signing ceremony of the international cooperation and exchange agreement between Shanghai University of Engineering Science and Pakistan National Textile University was held in video form. The deputy party secretary and headmaster Xia Jianguo met with the president of Tanveer Hussain of Pakistan National Textile University, and looked forward to the vision of the two schools. Under the testimony of the participants, President Xia Jianguo and Tanveer Hussain formally signed the two schools' international cooperation and exchange agreement. Pakistan National Textile University is the first Pakistan partner of Shanghai University of Engineering Science. The cooperation between the two schools is of great significance to the educational exchanges and cooperation between Shanghai University of Engineering Science and the universities in South Asian countries along the "one belt and one road". Pakistan National Textile University was founded in 1959. It has four major colleges, namely, engineering technology, science, management science, humanities and Social Sciences, providing undergraduate, master and doctoral education. As the first textile discipline in Pakistan, the university has provided important academic and scientific support for the local economic industry in textile engineering, design, polymer engineering and textile management and marketing.

Up to now, most of the new cotton in Australia has been sold to China in advance in 2020. If irrigation water is adequate, the output of cotton in 2021 is expected to increase by two times over the same period. In 2020, about 150 thousand bales of new cotton came from the southern valley of New South Wales, where new cotton processing has begun. Because Australian cotton production is extremely low this year, it is estimated that only 75 thousand bags of new cotton produced locally will be produced in the past year, compared with 180 thousand bales in previous years. Australian cotton association said that this year, Australia cotton has exported to China at quite a good price. Despite the low output this year, the quality of Australia cotton is still excellent. Australia's cotton output is only 550 thousand packs this year. If the water supply situation continues to improve in the next year, the output of Australia cotton may reach 1 million 700 thousand packs, which is three times that of this year.

The Russian exporter website reported on June 3rd that 1-3 months in 2020, Russia exported 30 million 600 thousand square meters of cotton fabric, an increase of 37.2% compared with the first quarter of 2019. In value terms, Russian cotton textile exports increased by 4.1% to $12 million 800 thousand. In March 2020, Russian cotton textile exports exceeded 10 million 800 thousand square meters, an increase of 40.1% over March 2019, and export volume of $4 million, down 9.1% from the same period last year. In 2020 1-3, Russia imported 78 million 400 thousand square metres of cotton fabrics, an increase of 7.2% compared with the first quarter of 2019, with an import value of US $44 million 300 thousand, an increase of 11% over the same period last year. In March 2020, Russia imported more than 28 million 700 thousand square meters of cotton fabrics, an increase of 20.4% over the same period, with an import volume of 15 million 600 thousand US dollars, an increase of 24.8%.

Market curve