The Raw Materials Rose Mildly, The Downstream Price Remained Depressed, And The Yarn Price Rose Steadily And Fell Disorderly And Became Active?

Market description

Driven by the rise of American cotton, Zheng cotton high open shock, the end of the sharp rise, focus on the follow-up 12500 performance. Lint spot price is limited to follow up. The market operators have a wait-and-see attitude, and the trading atmosphere is relatively cold. Some buy it now offers have not followed the increase. Although cotton holding enterprises have the intention to follow up, the downstream continues to be depressed, with profit loss, burden reduction and accumulation pressure coexisting. The rise of cotton price can not activate the spot trading, but cause an embarrassing situation of price and no market. In addition, the reserved cotton is rotated out However, there is still strong demand for cotton in the downstream market, and there is still a strong demand for cotton in the future.

On August 7, the sales resources of reserve cotton were 9055.7219 tons, and the actual turnover was 9055.7219 tons, with a transaction rate of 100%. The average transaction price was 11750 yuan / ton, which was 116 yuan / ton higher than the previous day, or 13060 yuan / ton at 3128 yuan, which was 52 yuan / ton higher than the previous day. The average transaction price of Xinjiang cotton was 11863 yuan / ton, which was 104 yuan / ton higher than the previous day. The price of Xinjiang cotton was 13227 yuan / ton at 3128 yuan / ton, 114 yuan / ton higher than that of the previous day, and the price increase of Xinjiang cotton was 1376 yuan / ton. The average transaction price of real estate cotton was 11550 yuan / ton, which was 92 yuan / ton higher than the previous day. The price of 3128 yuan / ton of real estate cotton was 12765 yuan / ton, which was 94 yuan / ton lower than that of the previous day. The price increase of real estate cotton was 914 yuan / ton. From July 1 to August 7, the total transaction volume was 233948.6316 tons, with a turnover rate of 100%.

The market price of acrylonitrile tends to stabilize and consolidate, and the srbon plant gradually recovers. The performance of supply and demand is still weak, and the supply is expected to increase. However, the downstream demand lacks growth space, the enthusiasm of raw material purchasing is general, and there is still resistance in the market shipment. The power to continue to increase is insufficient. However, the cost side of propylene continues to rise. Under the pressure of loss of acrylonitrile enterprises, there is still an intention to push up. It is expected that in the near future The market price of acrylonitrile remained stable, warm and volatile. The market price of acrylic staple fiber is stable temporarily, the price of raw material acrylonitrile is high, and the purchasing enthusiasm of downstream users of acrylic fiber is supported. At present, the start-up load of acrylic fiber manufacturers is maintained at a high level in the same period, and the inventory is not under pressure. Moreover, the acrylic fiber manufacturers still have a certain profit margin. The mentality of acrylic fiber factories is stable, while the demand of downstream yarn market is flat, and the starting rate of yarn enterprises is maintained at around 50% In the short term, the price of acrylic staple fiber is stable, and the cost side price change is concerned.

According to the latest statistics of the General Administration of Customs of China, in July 2020, China's textile and clothing export volume was 31.294 billion US dollars, a month on month increase of 7.79%. Among them, the export volume of textiles (including textile yarn, fabrics and products) was 15.976.9 billion US dollars, down 1.11% month on month; the export volume of clothing (including clothing and clothing accessories) was 15.3175 billion US dollars, an increase of 18.97% on a month on month basis. From January to July of 2020, China's textile and clothing exports amounted to 156.482 billion US dollars, an increase of 5.57% over the same period of last year, of which the cumulative export of textiles was US $90.080.4 billion, with a year-on-year increase of 31.25%; and that of clothing was 66.402 billion US dollars, a year-on-year decrease of 16.58%.

On August 8, 2020, the 10th China (Honghe) International sweater Culture Festival opened in Honghe Town, Jiaxing City, Zhejiang Province, on the premise of strict prevention and control work. Under such a special background, the theme of this sweater Culture Festival is "fashion cloud gathering charm Honghe", which shows the fashion charm, innovation ability and strong strength of Honghe sweater with the maximum opening strength. It is worth mentioning that the "China fashion industry (Yangtze River Delta) circulation research institute" jointly established by the circulation branch of China Textile Industry Federation and Jiaxing Lefu fashion industrial park was also unveiled today. In addition, Lefu Fashion Plaza has signed cooperation agreements with ten professional market representatives, including Humen Fumin fashion city, Luokou clothing city in Jinan, Jimo International Trade City, Jiangxi Wanma clothing city, Wenzhou elephant City, shenghesheng (Shanghai) Korea Pavilion, cashmere town in Qinghe County, Shengming international fashion city in Chongqing, Tianhong garment City in Changshu, and Chongqing Chaotianmen port and Chongqing square. All parties will connect in resources Market development, personnel training and other aspects of joint efforts to promote the high-quality development of sweater industry.

A few days ago, the first phase production line invested and built by Fangda Liming Textile Co., Ltd. began to operate normally. The quality and production of pure polyester sewing thread reached the design standard, and it has entered the international market in Southeast Asia. At that time, Gansu Dongli sewing Co., Ltd. will start the construction project with an annual output of more than 5000 tons in September, and the construction project will start in September of 2019, and the project will be completed in 10 months. According to reports, the raw material base of fangdaliming Textile Co., Ltd. is located in Xigu District, Lanzhou city. The raw materials and production plant are within the half hour economic circle, so the transportation cost is low. The company is opening up the "belt and road" national land transportation, which can reduce the export transportation cost.

On August 5, at the site of 65000 spindle diameter and fine complex intelligent digital spinning project in Shunyuan, Youxi County, workers are paying close attention to the installation of equipment. Shunyuan textile is one of the ten billion leading enterprises cultivated by Sanming City. As a key project under construction in Fujian Province, the project has a total investment of 230 million yuan, and 110 sets of foreign advanced equipment have been introduced to build the first digital production line of "Internet + coarse and fine connection" in the Province, so as to realize the seamless connection of spinning production. The project is expected to be put into production in September this year. After reaching the production capacity, 15000 tons of high-quality blended yarn can be produced every year, with an annual output value of 500 million yuan and the completion of the plan of 10 billion yuan of output value.

On August 6, Adidas released its performance report for the second quarter of 2020. It said that Adidas had a net loss of 306 million euro in the second quarter, which was 158% lower than that of 531 million euro in the same period of last year; global sales fell by 35% to 3.579 billion euro. Adidas said that the main reason for the loss in the second quarter was that a large number of stores were closed due to the epidemic situation, and the traffic volume of some re opened stores was significantly reduced, but the Chinese market was not greatly affected. Sales in China remained flat in the second quarter, but double-digit growth was achieved in May and June. Adidas' e-commerce business almost doubled in the second quarter, with a growth rate of 93%, accounting for more than a third of its total business, according to the report. This to a certain extent eased the inventory backlog problem caused by the closure of stores. Adidas global store inventory increased 46% in the second quarter to 5.213 billion euros, up 49% from 3.579 billion euros in the same period last year.

Recently, at a video conference of the board of directors of the International Federation of textile manufacturers (IFN), the participants pointed out that the spread of the epidemic has exposed the vulnerability of the global textile industry to the impact of supply and demand. Both upstream and downstream enterprises are aware of the need to adjust their procurement and production strategies to reduce the risks brought about by such incidents. The future textile supply chain will no longer be centralized, but more regional. Compared with before the outbreak, the supply chain will no longer be inclined to optimal allocation, but will be more robust. At the same time, the supply chain will be more demand driven, which requires more flexible interaction and closer and transparent cooperation between brands / retailers and manufacturers.

Recently, italicana, an Italian company, has developed a special kind of respirator, italicana, to protect people from germs. According to reports, the special sewing thread developed by the company has applied a new treatment method - safe treatment method, which makes the sewing thread suitable for the production of masks, protective clothing, PPE and other medical products, including functional textile fabrics and sportswear. Safe treatment is to use antibacterial functional finishing agent sanitizer to treat yarn, which can eliminate or inhibit 99% of virus. The biggest bright spot of safe treatment is that it will not change the characteristics and firmness of the treated sewing thread. More than 20 times of anti-bacterial test of ASTM L12 (jil12) and anti-bacterial treatment of yarn can be ensured.

According to the latest statistics of India's Ministry of agriculture, due to the abundant monsoon and rain, the planting progress of autumn harvest crops in India is faster this year. As of July 31, the total planting area of crops has reached 88.218 million hectares, an increase of 13.92% over the same period last year. The area of crude oil crops increased by 19.26% over the same period of the previous year, with an increase of 19.26% in the area of coarse grain crops, an increase of 19.26% over the same period of the previous year, with an increase of 19.26% in the area of coarse grain crops and an increase of 19.26% in the area of coarse grain crops. So far, the new crown outbreak has had no impact on the progress of crop planting in India. The total rainfall in India reached 4430.0 mm by July.

Last week, Pakistan's domestic yarn transaction was weak, the price of 30 carding yarn remained unchanged, and the export quotation remained stable. Affected by the decline of the rupee exchange rate, Basa's export shipment to China has increased in recent years. Cotton prices of cotton mills in Pakistan will rise to 71 cents per pound in the near future, and cotton prices of cotton mills in Pakistan may start to rise. According to market feedback, Pakistan lint spot stability, traders in view of recent rainfall, cotton procurement cautious. Affected by rainfall, the quality and supply of seed cotton in Pakistan decreased. It is understood that this year's cotton planting area in Pakistan has decreased by 20% compared with the same period last year, mainly due to the decrease in the supply of improved varieties and the failure of pest control. Now, cotton ginning plants only purchase seed cotton as needed. At the same time, cotton picking was hindered by rainfall, and cotton farmers were worried about the loss of cotton yield caused by rainfall, high temperature and termite pests.

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