Home >

Cotton Production And Seed Cotton Prices Continue To Rise, Why Cotton Prices Are Difficult To Rise? Will Yarn Price Fall?

2019/10/21 11:49:00 0

Market Quotation

Market brief

Zheng cotton concussion rose, lack of peripheral news good stimulation, Zheng cotton regression shock wait and see market. Fundamentally speaking, the new flower is listed on the market, the pressure of supply of cotton is increasing, and the downstream demand is not good enough. Short term cotton still has downward pressure. With regard to new cotton, along with the improvement of mechanization degree, the picking speed of Northern Xinjiang cotton has been finished 6-7 times. With the picking and pushing, the cotton production in Northern Xinjiang is more common, and this year the large enterprises enter the northern Xinjiang to buy factories and the factories are more competitive. Since the national day, the price of seed cotton has continued to rise, and the price of seed cotton has been increasing. The cost of the cotton mill is much higher than that of the southern Xinjiang. However, the downstream demand continues to be weak, the new cotton sales pressure is heavy, and the market transaction is scarce. With the cotton harvest coming to the end, the seed cotton harvesting phenomenon is widespread. It also boosted the price of seed cotton in recent years, and promoted the recent increase in seed cotton prices. Short term lint market supply is adequate, sales are sluggish, cotton enterprises inventory digestion progress is difficult to increase, spot cotton prices are difficult to rise, it is recommended that enterprises operate rationally and avoid blindly following suit.

The price of acrylonitrile continues to be weak, and the low price supply of goods continues to exist. However, the monthly closing price of factories is approaching, and the price of merchants' monthly closing is expected to be higher. Some businesses are reluctant to sell at a low price. They are cautious in dealing with the stock market. Generally speaking, the lower reaches of the market are buying a gas. A single round of solid trading is done. The overall trading center of the market is weak and volatile, and the factory offer remains stable. Acrylic fiber prices remain stable, terminal production and marketing rhythm is temperate, downstream cotton mill trading situation is not good, market bearish atmosphere continues, at present acrylonitrile factory cost pressures remain, manufacturers maintain stable mentality, short-term focus on raw materials and acrylic fiber factory settlement guidelines, the market price is expected to be sideways.

At the news conference of the Ministry of Commerce held in the afternoon of October 17th, the spokesman said that China's position and principles and objectives on Sino US economic and trade consultations have never changed. The ultimate goal of the two sides' consultation is to stop trade wars and cancel all tariffs, which is good for China, for the United States and for the whole world. "We hope that the two sides will continue to work together to push forward the negotiations, reach a phased agreement as early as possible, and make new progress in the issue of tariff cancellation." Peak revealed that the two sides' economic and trade teams are maintaining close communication and stepping up their work in accordance with the consensus reached in the last round of high-level consultations. Regarding the details of the agreement and consultation, the summit said that there is no more information to be disclosed to everyone. But the summit stressed that China always believed that cooperation is the best choice for both countries, and is the only correct choice to solve the problem. "We believe that as long as China and the United States continue to cooperate through dialogue and cooperation on the basis of equality and mutual respect, we will continue to make new progress and finally find a solution acceptable to both sides."

8):1, Hubei national logistics Limited by Share Ltd, Xiaogan branch, 2, Xiangyang silver based Cotton Industry Co., Ltd., Qingdao Yulong East International Logistics Co., Ltd., 4, Qingdao China Korea International Logistics Co., Ltd., 5, Baoding silver Xiang Cotton Industry Co., Ltd., 6, Cangzhou cotton and hemp Co., Ltd. Lian Zhen storage bank, 7, Hebei Shijiazhuang Yuanzhong Sinotrans warehousing logistics Co., Ltd., 8, Shanghai China Logistics Co., Ltd. 8 branch; 8, designated designated delivery (supervision) warehouse (total),:1, production and Construction Corps division division supply and marketing (Group) Co., Ltd. the national cotton trading market recently announced the second batch of designated delivery (regulatory) warehouses in 2019 (a total of 11).

In October 16th, China's LNG comprehensive import price, jointly developed by the global trade monitoring and analysis center of the Customs General Administration and the Shanghai petroleum and natural gas trading center, was officially released in Shanghai. This is the first time that China has released the import price index of natural gas, which will provide pricing reference for China's LNG import trade. It is reported that the CIF of China's LNG comprehensive import reflects the comprehensive price level of China's imports of LNG, including the import price and spot import price of LNG. At this stage, the proportion of LNG long association import volume and spot import volume is roughly 8:2, which varies from month to month. China has become the world's largest importer of natural gas and is an important participant in the world's natural gas market. However, China has no authoritative and internationally recognized natural gas related price index so far. At present, China's import and export of oil and gas imports keeps rising, and the import price is "Asian premium". Building an energy price index that reflects the real demand of China's market is imperative and a long way to go.

In October 17th, Lanxi fashion textile creative center opened in Hangzhou. This means that, next, the high-end talents hired by Lanxi textile enterprises can work and live in Hangzhou and make contributions to Lanxi, and R & D is designed in Hangzhou and production and operation in Lanxi. In order to solve the problem of restricting the use of talents in the county and alleviate the shortage of high-end design talents and marketing personnel in textile enterprises, since the beginning of March this year, the Lanxi municipal Party Committee Organization Department and the Economic Development Zone began to investigate the construction of textile talent enclaves and investigate the enclave mode in the surrounding areas of the province. Finally, they chose to build Lanxi fashion textile creative center in Hangzhou, so as to better rely on the talents, technology and information advantages of the first tier cities and develop the Lanxi fashion textile industry.

On the 18 day, from the China Textile Industry Federation, China Textile Federation will promote cooperation with the textile and garment industry of the five Mekong countries, and promote the deep integration of garment, yarn, textile equipment and other industrial chains through strengthening trade exchanges, investment interaction and improving cooperation mechanism. The import and export volume of textiles and clothing between China and the Mekong River in 2018 reached US $29 billion 790 million, accounting for 9.6% of the total import and export volume of textiles and clothing in China. Export trade continues to develop and import trade continues to increase. The scale of investment in China's textile enterprises in the Mekong River continues to expand. Through cooperation in trade and investment, China and the Mekong River have gradually established a complementary and interactive textile industry structure, forming an efficient garment processing industry chain cooperation relationship, yarn, fabric, textile equipment manufacturing industry and other cooperative development, and the industrial chain has a deep integration trend. With the development of the textile industry chain of the Mekong River, the cooperation with China's textile industry will be more diversified. In the future, the cooperation in high-end fields such as weaving, dyeing, dyeing and finishing will expand. The Mekong River will also be one of the most important industrial layout choices of China's textile and clothing brands.

According to customs statistics, in the first three quarters of this year, China's foreign trade import and export value was 22 trillion and 910 billion yuan, an increase of 2.8% over the same period last year. Among them, exports were 12 trillion and 480 billion yuan, an increase of 5.2%; imports of 10 trillion and 430 billion yuan, a decrease of 0.1%; trade surplus of 2 trillion and 50 billion yuan, an expansion of 44.2%. In September, the total value of imports and exports was 2.78 trillion yuan, down 3.3%. Among them, exports were 1 trillion and 530 billion yuan, down 0.7%; imports 1 trillion and 250 billion yuan, down 6.2%. Generally speaking, in the first three quarters of the year, China's foreign trade operation showed a stable and stable quality.

According to statistics, the export value of textile yarn, fabrics and products at Xinjiang port in 2019 1-9 yuan was 4 billion 49 million yuan, a decrease of 18.97% compared with the same period last year. The export amount of clothing and accessories was 21 billion 555 million yuan, an increase of 9.76% over the same period last year. In 2019 1-9, the import value of cotton at Xinjiang port was 1 billion 308 million yuan, an increase of 34.60% over the same period last year. The total import of textile yarn, fabrics and products was 186 million yuan, an increase of 51.56% over the same period last year. The import value of textile machinery and parts was 499 million yuan, a decrease of 60.33% over the same period last year.

In October 17th, the 2019 China textile industry "one belt and one road" conference was held in Shengze town of Jiangsu province. This session has attracted wide attention from all over the world. Over 100 international guests and domestic textile and garment industry colleagues in over 20 countries and regions, as well as local governments, associations, outstanding entrepreneurs, experts and scholars, media representatives and so on, attended more than 600 people to discuss and witness the opportunities and prosperity of the textile and garment industry in the region. The guide to the textile "along the way" key national investment was solemnly released at this session. The first batch of officially released countries totaled 8, including Egypt, Ethiopia, Kampuchea, Kenya, Bangladesh, Burma, Uzbekistan and Vietnam. The guide describes in detail the basic information of various countries, the basis of textile industry, the conditions of production factors, the policy environment, suggestions on investment orientation, and some investment cases of Chinese textile enterprises, which provides authoritative reference materials for Chinese textile and garment enterprises.

A few days ago, the general office of the Ministry of industry and Commerce issued the second batch of industrial standard revision project plan in 2019 (Letter No. 2019] [195]. Among them, the textile industry has 102 standard items selected. Requirements: first, the standard drafting unit should pay attention to the overall coordination of standards formulation and technological innovation, experimental verification, intellectual property disposal, industrialization promotion and application promotion. Two, the relevant industry associations (Consortium), standardization technical organizations, standardized professional institutions and other competent units should make arrangements as soon as possible, transmit the documents to the major drafting units in a timely manner, and do well in drawing up standard organizations, soliciting opinions and conducting technical reviews, so as to properly check the technology. Three, the relevant departments and bureaus of relevant departments and relevant local industry authorities should do a good job in the management of the revision of the industry standard system so as to ensure the quality and level of the standards. Four. During the implementation of the plan, if you need to adjust the standard items, please do so according to the relevant regulations.

  • Related reading

Integration And Innovation To Enhance The Quality Of National Level Development Zones, "Zhejiang Samples"

Fabric accessories
|
2019/10/21 11:47:00
0

Ningbo'S Total Import And Export Volume Was 681 Billion 10 Million Yuan In The First Three Quarters, An Increase Of 6.8% Over The Same Period Last Year.

Fabric accessories
|
2019/10/21 10:52:00
2

Lu Tai Textile: Wu Mei, A Beautiful Scenery Line!

Fabric accessories
|
2019/10/21 10:46:00
0

Learning! Basic Knowledge!

Fabric accessories
|
2019/10/21 10:46:00
0

Grey Fabric Inventory Increased By 10% And Fabric Price Decreased By 20%. Is The Textile Market Approaching The Bottom Or Continuing To Wait And See?

Fabric accessories
|
2019/10/21 10:46:00
0
Read the next article

Integration And Innovation To Enhance The Quality Of National Level Development Zones, "Zhejiang Samples"

In recent years, the industrial added value of Zhejiang Economic Development Zone has accounted for nearly 2/3 of Zhejiang's industrial added value.