8300？ Stick To Short Enterprises To Control The Amount Of Signed Orders To Stop Loss Or To Release The Shipment Volume To Take The Opportunity To Hit The Bottom?

Market description

The trade relations between China and the United States regenerated variables, long profits stop profit, Zheng Mian's main force lost 12000 mark, the short-term target is around 11800, pay attention to Zheng Mian's performance. Downstream textile enterprises continue to accumulate products, consumption is still depressed, cotton spot transactions are difficult to improve, spot cotton prices stopped rising and stabilized, and the reserved cotton was sold all the time, which also reflected that the downstream mills tried to reduce production costs and keep a small profit margin. Affected by this, some low-quality lint spot transactions were frustrated, and the transaction price remained low With the expansion of China US relations, it is still difficult to recover foreign trade demand, and the cotton market is difficult to have strong support momentum, which has caused the industry to worry about the progress of demand. In terms of weather, after the continuous rainfall, hot days will come immediately, and the downstream cotton mills still have holiday expectations, which is negative for cotton demand. It is expected that cotton prices will fluctuate weakly, waiting for new information and guidance.

On July 16, 8048.727 tons of sales resources were sold by the reserved cotton wheel, and the actual transaction volume was 8048.727 tons, with a transaction rate of 100%. The average transaction price was 11508 yuan / ton, which was 68 yuan / ton lower than the previous day, or 12776 yuan / ton at 3128 yuan, 8 yuan / ton lower than the previous day. The average transaction price of Xinjiang cotton was 11654 yuan / ton, which was 80 yuan / ton lower than the previous day. The price of Xinjiang cotton converted to 3128 yuan / ton was 12960 yuan / ton, 8 yuan / ton lower than that of the previous day. The price increase of Xinjiang cotton was 931 yuan / ton. The average transaction price of real estate cotton is 11367 yuan / ton, which is 43 yuan / ton lower than the previous day. The price of 3128 yuan / ton of real estate cotton is 12598 yuan / ton, which is 6 yuan / ton higher than that of the previous day. The price increase of real estate cotton is 569 yuan / ton. From July 1 to July 16, the total transaction volume was 96578.5775 tons, with a turnover rate of 100%.

The market price of acrylonitrile continued to decline. The price of acrylonitrile in the circulation sector was close to the main raw material propylene again. The profit pressure of the factory gradually appeared. At present, the start-up rate of acrylonitrile industry remained at a high level around 90%, and the output did not decrease. However, there was still no room for growth in downstream demand. The manufacturers mainly sold through multiple contracts, and the spot market was in a low buying mood, The oversupply situation is prominent, and the market bearish sentiment is not reduced. It is expected that the overall decline of acrylonitrile market will be difficult to change due to the attention paid to the settlement guidelines of manufacturers. The market price of acrylic staple fiber has been stabilized and consolidated. The manufacturers are now producing and selling well, and the starting rate of the industry is maintained at a high level above 70%. Although the inventory of some manufacturers is rising, it is still controllable. The downstream users continue to make up the inventory at a low level. However, the terminal demand is flat, the spinning plant's starting rate is not high, and the yarn inventory also needs time to digest. The acrylic fiber market has a general trading rhythm, and the raw material acrylonitrile is in addition Price continued to be weak, acrylic fiber factory cost pressure weakened, short-term acrylic fiber prices are expected to continue to smooth finishing.

On July 15, according to the online approval and supervision platform for investment projects in Henan Province, the construction project of Dengzhou chemical fiber textile industrial park has been approved by Dengzhou development and Reform Commission. The total investment of the project is estimated to be 258 million yuan, and the construction site is located in Dengzhou city. The planned starting time is September 1, 2020, and the planned completion time is September 1, 2022. The total planned land area of the project is 93594.50 square meters, which is 140.39 mu, with a total construction area of 102841.23 square meters. There are 7 standardized workshops, and related ancillary works such as outdoor water supply and drainage engineering, electric power engineering, road engineering, greening engineering, parking lot, etc.

On July 14, seven wolves released the performance forecast for the half year of 2020, saying that the company expected to realize the net profit attributable to shareholders of listed companies of 20-30 million yuan in the first half of the year, down 83.80% - 75.70% compared with the same period of last year. On the reason for the decline in net profit, seven wolf said in the announcement that during the epidemic period, some prevention and control measures had an impact on the company's production and operation, resulting in a decrease in the company's half year operating income. In addition, seven wolf in recent years in the channel change, business model development is relatively conservative, mainly in the general agent franchisee led, and this development model brings more pressure than the pressure of private sector. In addition to the uncontrollable factors of the epidemic situation, seven wolf also disclosed in the announcement that with the aggravation of market competition, the company's gross profit margin on product sales decreased, resulting in a reduction in profits to a certain extent.

On July 14, the semiannual performance forecast of semiannual 2020 was released. According to the revised announcement, the net profit of Semia clothing is expected to reach RMB 0-72.21 million in the first half of the year, down 90% - 100% compared with the same period of last year. Prior to this, the first quarter report released on April 29 showed that the net profit of Semir clothing in the first half of 2020 was expected to be 72 million to 217 million yuan, down 70% - 90% year on year. The reason for the correction of employment performance, SEMAR apparel said in the announcement that affected by the epidemic, the company's overseas business losses increased. According to the annual report data, in 2019, the revenue of SEMA clothing was about 19.337 billion yuan, an increase of 23.01% over the same period of last year, and the net profit was 1.549 billion yuan, a decrease of 8.52% year-on-year. The total profit rate of the company outside the mainland was 27.40 billion yuan, representing a year-on-year increase of 62.29%, accounting for 62.9% of the total revenue of the company.

In the past five and six months, the demand for industrial electricity in Shantou has increased significantly, and the industrial power consumption has shown a positive growth. According to the data, since April this year, the city's industrial production has changed from decreasing to increasing. In June, the city's industrial power consumption was 1.171 billion kwh, an increase of 0.48% year-on-year. It is reported that as of the end of June, Shantou City has reduced the basic electricity charges for users by more than 17 million yuan. About 210000 households can enjoy the preferential policy of 5% electricity price. In the first half of this year, Shantou has reduced the cost of electricity consumption by more than 152 million yuan. Shantou will continue to implement the policy of "extending the policy of reducing industrial and commercial electricity prices by 5% until the end of this year". It is estimated that the electricity cost for users will be reduced by more than 230 million yuan in the second half of the year, and 382 million yuan in the whole year.

On July 14, more than 30 young entrepreneurs from Shandong textile and garment backbone enterprises gathered with Shandong Weiqiao venture group to attend the founding meeting of Shandong textile and garment young entrepreneurs alliance. After more than two hours of closed door meeting and warm applause, Zhang Yanhong, executive director and deputy general manager of Weiqiao venture group and vice chairman of Weiqiao Textile Co., Ltd., was elected the director general of Shandong textile and clothing Youth Entrepreneur Alliance. Shandong textile and garment industry youth entrepreneur alliance is a non-profit, non-profit exchange organization initiated by Shandong textile and garment industry association and composed of voluntary young entrepreneurs engaged in textile and garment upstream and downstream related industries. It aims to build a platform for communication and exchange, a classroom for learning and sharing, a window for industry convergence, and a channel for public welfare and charity Point collision helps young entrepreneurs to establish a community of corporate destiny and make positive contributions to the high-quality development of Shandong textile and garment industry.

Eurostat released the EU retail sales data for may on July 6. According to the data, the retail sales of EU goods increased by 16.4% month on month in May, with a year-on-year decrease of 4.2%. After 54.2% and 51.5% respectively in March and April, the retail sales of textile and clothing and footwear surged 130.7% in May, but still decreased by 47.5% year on year. In addition, according to the office for National Statistics (ONS), retail sales of textiles, clothing and footwear in the UK hit the bottom in May, with a month on month increase of 17.6% and a year-on-year decrease of 61.3%.

According to the Myanmar times on July 10, the EU is still considering whether to cancel the GSP treatment for Myanmar. Due to the willingness of the new EU government to improve the situation of human rights in Myanmar this summer, the mission was postponed. The EU has asked Aung San Suu Kyi's government to submit a written report by mid September on the latest progress in dealing with the conflict in northern Rakhine state and other human rights issues. Myanmar has enjoyed the treatment of EU GSP since 2013. In 2017, the Burmese army took military action in northern Rakhine state, causing hundreds of thousands of Muslims to flee to Bangladesh. So far, the EU has not yet made a final decision on whether to cancel the review of Myanmar's GSP on the basis of human rights. In 2019, Myanmar's export to the EU will reach 3.2 billion US dollars, with textiles accounting for a large proportion. If the EU cancels the GSP treatment to Myanmar, thousands of people will lose their jobs.

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