The Price Of Yarn Is In Disorder Due To The Price Of Goods Sold. Under The Pressure Of Supply And Demand, The Price Of Raw Materials Is Under More Pressure, And The Output Is Reduced?
Market description
Zheng Mian's main operation to 12200, encountered resistance to fall, long small reduction, short-term target position or near 11800, pay close attention to the performance of Zheng Mian at this point. Cotton downstream demand continues to be weak, textile enterprises generally are not optimistic about the future market, cotton procurement is cautious, spot lint transactions dim, the basis point price trading atmosphere slightly improved, cotton prices fell slightly, the current reserve cotton rotation continues to maintain 100% transaction, occupy a part of the market demand share, cotton sales are not optimistic, point price trading volume is small, import cotton is not ideal, cotton Flower market sales remain low, cotton business mentality is different, some low price order, some high report, it is expected that the short market cotton market trading atmosphere is still cold, cotton price narrow range shock adjustment.
On July 14, 8027.3804 tons of sales resources were sold by the reserved cotton wheel, and the actual transaction volume was 8027.3804 tons, with a transaction rate of 100%. Compared with the previous day, the average price was RMB 1 2794 / T, down RMB 1 2794 / T. The average transaction price of Xinjiang cotton was 11709 yuan / ton, which was 104 yuan / ton lower than the previous day. The price of Xinjiang cotton converted to 3128 yuan / ton was 12951 yuan / ton, 90 yuan / ton lower than that of the previous day. The price increase of Xinjiang cotton was 922 yuan / ton. The average transaction price of real estate cotton is 11424 yuan / ton, which is 58 yuan / ton higher than the previous day. The price of 3128 yuan / ton of real estate cotton is 12536 yuan / ton, which is 95 yuan / ton lower than that of the previous day. The price increase of real estate cotton is 507 yuan / ton. From July 1 to July 14, the total transaction volume was 80521.9455 tons, with a turnover rate of 100%.
The price of acrylonitrile continued to be weak and fluctuated, and there were still manufacturers' quotation reduction. Acrylonitrile middlemen were trading with the market, and there was no lack of low-priced quotations. The market price was in the downward channel. Downstream users had obvious feelings of buying up and not buying and falling. Businesses were mainly engaged in multi contract sales. Under cost pressure, traders were not willing to continue to lower their prices. However, there was no obvious change in the demand side, and the supply was already in place Surplus, while imports are still expected to impact, market bearish sentiment is not reduced, short-term acrylonitrile prices are expected to be weak and difficult to change. The price of acrylic staple fiber remained stable, the terminal demand did not improve, the trading atmosphere in the acrylic fiber market was general, the plant load was maintained, some manufacturers' inventory showed an upward performance, the industry still lacked confidence in the future demand, the current price of raw material acrylonitrile was slightly adjusted, and the cash flow of acrylic fiber enterprises was improved. It is expected that the short-term quotation of acrylic staple fiber will remain stable and wait-and-see.
According to the Ministry of industry and information technology on July 14, the production, sales, profits and exports of China's industrial textiles industry have increased significantly due to the impact of the surge in demand for materials for epidemic prevention and control. From January to may 2020, the industrial added value of the industrial textiles industry will increase by 50.7%, the operating income of Enterprises above Designated Size will reach 103.918 billion yuan, with a year-on-year growth of 13.25%; the total profit will be 12.687 billion yuan, with a year-on-year increase of 189.08%. According to the statistics of China Industrial Textiles Industry Association, from January to may, China exported 34.294 billion US dollars of industrial textiles, including 22.558 billion US dollars of masks and 2.190 billion US dollars of protective clothing.
According to the news from the General Administration of customs, in the first half of this year, China's textile and garment exports totaled US $125.19 billion, a year-on-year increase of 3.16% (in RMB terms, a year-on-year increase of 6.75%), and the overall export of the industry recovered to positive growth. Among them, textile exports from January to June totaled 74.103 billion U.S. dollars, a year-on-year increase of 27.81% (in terms of RMB, a year-on-year increase of 32.37%); clothing exports totaled $51.08 billion, a year-on-year decrease of 19.39% (in terms of RMB, a year-on-year decrease of 16.67%). From April to June, the year-on-year growth rate of textile exports kept above 50%, especially the high value of 79.2% in May. In June, China's textile exports reached US $16.16 billion, a year-on-year increase of 56.7% (64.5% in RMB terms) and a decrease of 22.5% compared with the previous month.
According to the statistics of China's General Administration of textile and textile products, China's exports of yarn and textile products will increase by US $16.61 billion and US $7.76 billion from the year of 2019 to 2020. In June 2020, China's export of clothing and clothing accessories was US $128747.7 billion; from January to June 2020, China's export of clothing and clothing accessories was US $51.084.4 billion, a year-on-year decrease of 19.4%; from January to June of 2019, China's export of clothing and clothing accessories was US $63.375.2 billion. In June 2020, China's import of textile yarn, fabric and products was $1.034.4 billion; from January to June 2020, China's import of textile yarn, fabric and products was US $7.004.2 billion, a year-on-year decrease of 11.4%; from January to June of 2019, China's import of textile yarn, fabric and products was $7.905.8 billion.
On the afternoon of July 10, the founding meeting of Shaoxing modern textile and ecological environment society was successfully held. Shaoxing modern textile and ecological environment society is a technical and academic group organization. It is composed of scientific and technological workers, university teachers and enterprise leaders from the related fields of Shaoxing textile and ecological printing and dyeing. It has 58 members. Adhering to the concept of green development, the society will regularly carry out academic exchanges on modern textile and ecological environment in Shaoxing and its surrounding areas, organize relevant scientific and technological workers in the field of modern textile and ecological environment to participate in local economic construction, and provide scientific demonstration, scientific and technological consultation and technical services for major decisions of the party and the government.
From July 6 to July 12, 2020, according to the statistics of Xinjiang verification point of national cotton trading market, the total volume of highway cotton transportation decreased by 7300 tons on a month on month basis, and increased by 24000 tons on a year-on-year basis. During this period, the total amount of cotton transported to Hubei Province decreased by 65.34% compared with that in the previous three weeks. During this period, the road traffic volume decreased significantly, and the quotation of most routes increased. The average freight rate from Kuitun to Henan Province is about 522 yuan / ton, which is 64 yuan / ton higher than that of the previous week; the average freight rate of Kuitun to Shandong Province is about 479 yuan / ton, which is 29 yuan / ton higher than that of the previous week. The average freight rate from Korla to Shandong Province is about 384 yuan / ton, which is 29 yuan / ton higher than that of the previous week; the average freight rate of Korla to Henan Province is about 385 yuan / ton, 30 yuan / ton higher than that of the previous week.
Xiamen Yanjiang new materials Co., Ltd. disclosed the performance forecast for the first half of 2020 on the evening of July 13. The company expects to make a profit of 275 million yuan - 355 million yuan in the reporting period, which is 520.28% - 700.72% higher than that of 44.3351 million yuan in the same period of last year. As for the reasons for the performance change, Yanjiang explained that: Despite the impact of the epidemic, the company's traditional main businesses such as PE perforated film and perforated hot-air non-woven fabric still maintained steady growth. During the reporting period, the demand for masks increased sharply, while the key material for mask production, melt blown non-woven fabric, was in short supply. The company set up an emergency project and set up a meltblown non-woven fabric project team to develop melt blown non-woven fabric in a short time by using its own technical advantages. The company began to sell in mid February 2020 and expanded its production capacity from March to April. During the period of melt blown fabric, the company's sales increased significantly.
On July 11, entrusted by China Textile Industry Federation, China Textile Machinery Association hosted and held a scientific and technological achievement appraisal meeting of "intelligent high speed warp knitting machine for staple yarn" completed by Jiangnan University through the way of "remote + on-site". The appraisal committee listened to the work report, technical report, user report and novelty search report, reviewed the data, and conducted on-site inspection and test. After inquiry and discussion, the appraisal opinions are as follows: 1. The information provided is complete and standard, which meets the appraisal requirements. 2. The project has achieved innovative results, the appraisal committee unanimously agreed to pass the appraisal, and it is suggested to further strengthen the promotion.
At the end of June this year, Wal Mart sent an e-mail notice, clearly requiring suppliers of clothing and home textiles to complete a higg FEM verification before 2022, that is, a requirement of verification once every two years. It also said that since 2022, it will only cooperate with garment and home textile suppliers who have chosen to use higg FEM self-assessment and verification tools. Whether Wal Mart suppliers choose to complete the verification this year or next year, they need to complete and submit self-assessment every year.
Market curve
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