Cotton Price Is Not Controllable, Yarn Turnover Is Light, Yarn Enterprises Under The Pressure Of Funds, Polyester Short Sticky Short Production And Marketing When To Warm Up?

Market brief

In August 13th, 11723.7216 tons of resources were sold out of the cotton reserves, with a turnover of 9656.1536 tons, with a turnover rate of 82.36%. The average transaction price was 11890 yuan / ton, up 76 yuan / ton compared with the previous trading day, and the price of 3128 yuan was 13063 yuan / ton, down 17 yuan / ton compared with the previous day. Xinjiang cotton trade average price of 11937 yuan / ton, Xinjiang cotton discount 3128 price 13180 yuan / ton, Xinjiang cotton price increase 436 yuan / ton. The average price of real estate cotton is 11840 yuan / ton, the price of real estate cotton is 3128 yuan, 12938 yuan / ton, and the increase rate of real estate cotton is 194 yuan / ton. From May 5th to August 13th, the cumulative turnover of cotton reserves totaled 650 thousand and 300 tons, with a turnover rate of 84.72%.

Zheng cotton narrow range shock, a short increase in short positions, short-term Zheng cotton to maintain the shock finishing market. The demand for terminal goods has not been improved, the cotton yarn orders in the lower reaches are still insufficient, the cotton mill purchase is cautious, the sale of cotton lint has not been improved, and the selling pressure of traders in the cotton mill and cotton ginning mill is high, and the turnover rate of cotton reserves is acceptable. The turnover rate has been maintained at over 80%, the average price has rebounded slightly, the import cotton noodles are still not very fast, the cotton traders are very cautious, the number of resources coming to Hong Kong is decreasing gradually, the inventory is still at a high level, the overall market wait-and-see atmosphere is heavier, and the lint supply is adequate, the cotton price is expected to maintain a narrow trend of concussion in the near future, paying close attention to the progress of Sino US trade.

Acrylonitrile price stabilization, some parts of the device maintenance, acrylonitrile supply surface to maintain certain support, low price goods on the market is limited, businesses continue to continue mentality, the lower reaches of the general initiative, maintain on-demand procurement, manufacturers do not change the mentality of the price, business homeopathic sales, the industry is more concerned about the new factory news guidelines, there is no bad news on the fundamentals, the short term acrylonitrile prices will remain strong shocks. The market of acrylic fiber is stable, the downstream demand has not improved, the cotton mill has not been actively motivated, the acrylonitrile factory maintains its market, the market atmosphere is generally low, the manufacturers' inventory is low, plus the cost support continues, the manufacturers have a strong mentality of price stability, and there are no other guidelines on the short message.

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.

In the 1-7 months of this year, the total export volume of textiles and clothing totaled 151 billion 740 million US dollars, down 1.52% from the same period last year (4.54% yuan in the year over year), and the growth rate was 0.85 percentage points higher than that in the first half of this year. Among them, the total export volume of textiles was US $69 billion 380 million, an increase of 1.47% over the same period (7.69% yuan over the same period last year), and the total export volume of clothing was 82 billion 360 million US dollars, down 3.91% from the same period last year (2.03% in the year over year). In the first 7 months of this year, the export volume of textiles and clothing increased by 0.81 and 1.02 percentage points respectively over the first half of this year. In July this year, the total export volume of textiles and clothing in the same month was 27 billion 510 million US dollars, an increase of 2.52% over the same period (9.41% yuan over the same period last year). Among them, textiles exported 10 billion 770 million US dollars in the month, an increase of 6.19% over the same period (13.34% yuan over the same period last year), and clothing exported 16 billion 750 million US dollars in the same month, an increase of 0.3% over the same period (7.03% in the year over year).

Last week, the yarn market performance in Hebei Province was relatively low. Affected by the low price of raw materials, the overall price and volume of cotton yarn are both weak. The overall market is weak, and many businessmen have subjective wait-and-see mentality. On the other hand, many of the textile enterprises who are in the off-season are in short supply, and are serious enough to make up for the east wall. Shandong textile enterprises feedback, the current two months of the off-season period, their orders are less, the market is unstable, the repayment situation has been disappointing, every month in order to maintain normal production, are in the first cotton purchase, it is not easy to get enough cotton, followed by a high summer electricity charges, and then put together the wages of workers, under the vicious circle, feeling every day for money and worry, let the money pressure suffocated. In the last week, the market of Lu Yu's yarn in Hebei Province was generally reacted. There was no obvious increase in demand. Individual manufacturers are short of order varieties, and temporarily make some stock varieties on the mainland. But in the face of the unstable risk of cotton prices, the general manufacturers choose stocking varieties such as polyester cotton and other blended yarns.

On the evening of August 9th, Hengli Petrochemical (600346) issued the semi annual report in 2019. The company's operating income in the first half of the year was 42 billion 333 million yuan, an increase of 60.04% over the same period last year. The net profit of shareholders belonging to the listed company was 4 billion 21 million yuan, up 113.62% from the same period last year, and the half year performance exceeded the profit level of last year. This is the first performance of Hengli 20 million tons / year refinery and chemical integration project after being put into operation, and submitted an expected transcript to the market.

Xiamen Customs recently released information. In the first half of this year, Fujian imported 48 billion 740 million yuan from BRIC countries, up 2.7% over the same period last year. From the point of view of exports, mechanical and electrical products and traditional labor-intensive products are the main export force. In the first half of this year, our province exported 7 billion 810 million yuan of mechanical and electrical products to BRICs countries, and exported 6 billion 650 million yuan of traditional labor intensive products (Textiles and clothing, furniture, bags, footwear, plastic products and toys). The two share accounted for 71% of the total value of Fujian's exports to BRIC countries in the same period.

Recently, Qiu Yitai, director of the research and development center of the intelligent micro system center of the Institute of industry and technology, said that the current textile factories mainly rely on manpower for the proofing of garments, because the human operation will result in the decline of quality due to the problems of visual fatigue, concentration reduction or personal manipulation. In order to reduce the waste, some garment factories are just laying out a cloth, and they are divided into multiple processes. Due to the complexity of the process, the use of manpower in full will lead to 7-10 working days for the proofing process. In the face of the pain points of textile producers, it is possible to replace some manual manipulators to further enter the garment factories to improve the existing proofing process. For example, now, the Institute has assisted the textile factory, Hongyuan Xingye, to introduce the machine arm with 3D vision guidance, and integrate the original sub station proofing process into one stop operation. The auxiliary industry can achieve rapid proofing under a small number of needs.

The Ministry of finance of Indonesia issued the Announcement No. 115/2019 on August 6, 2019 to impose anti-dumping duties on polyester yarn products originating in China. The tax order has come into force 14 days from the date of promulgation of the notice, that is, August 20, 2019. This act is subject to a period of three years. The case was formally put on record in October 27, 2017. The investigation period was from January 2016 to December 2016. The customs code of the products involved was 54024700. According to customs statistics, the total amount of products exported to Indonesia was about $16 million 510 thousand during the survey period, and the enterprises involved were concentrated in Zhejiang, Jiangsu and Fujian.

ICE cotton futures fell nearly 1% on Monday. The most active December cotton contract price fell 0.76 cents, and the settlement price was 58.14 cents per pound. The main contract for December has fallen from 60 cents / pound in August 2nd, and has been in a low concussion recently. In August, the USDA supply and demand forecast report came out again. The US Department of Agriculture released the August global demand and demand forecast report, which raised the 2019/20 and us end of year inventory forecast data. Among them, the US cotton initial inventory, output, export and end of term inventory forecast were all raised in 2019/20, and the output estimate increased by 2% to 4 million 903 thousand tons, the highest in 14 years. In addition, on August 12th, the weekly crop growth report released by the US Department of agriculture (USDA) on Monday showed that the growth rate of cotton in the United States was 56%, up to 54% in August 11th, compared with 40% in the same period last year. It will also have a bad effect on US cotton prices.

Siddhartha Rajapal, executive director of the Cotton Textile Export Promotion Council, said Pakistan's move to stop exports from India or India is not expected to have a big impact on India's textile industry. Pakistan mainly imports yarn and cotton from India. However, in recent years, India exporters have slowed down the supply to Pakistan. Between April and June this year, $38 million worth of cotton yarn was exported to Pakistan, compared with $42 million last year. Mr. Rajagopal said that the yarn exported to Pakistan is about $100 million a year, mainly low count yarn. India exporters, who are already facing a slide in export of cotton yarn, will have to pay attention to other markets. Atul Ganatra, chairman of India Cotton Association, said that because of the relatively high cotton prices in India, India exported only four hundred thousand bales of cotton to Pakistan this year. Pakistan is mainly bought from the United States this year. Although direct exports to Pakistan have ceased, indirect exports may continue, he said.

At the time of the peak season, Chinese and foreign tourists from Huoerguosi international border cooperation center can be seen everywhere. Candy, flour and drinks in Central Asia, China's textiles, small commodities and so on, attracting customers from all over the world. According to data from the Management Office of Sino Kazakhstan international border cooperation center in Huoerguosi, the total number of personnel entering the park in 1-7 months of this year reached 3 million 347 thousand and 700, an increase of 7.28% over the same period last year. Sino Kazakhstan Huoerguosi international border cooperation center is the first cross border free trade area in the world. After closing the operation in 2012, the number of tourists in the centre increased rapidly.