Yarn Enterprises Return To Work Slowly, Polyester Weak Decline, Viscose Up Market, February Still Have Market?

Market description

On February 10, the number of Xinjiang cotton was 18000 tons, and the actual turnover was 4920 tons, with a transaction rate of 27.33%. The average transaction price was 13705 yuan / ton, which was 127 yuan / ton lower than the previous transaction day. The highest transaction price was 13715 yuan / ton, and the lowest transaction price was 13695 yuan / ton. Among them, 4440 tons were sold in the mainland and 4 were in the contract; 480 tons were sold in Xinjiang, and 1 was in the transaction. In the eleventh week (February 10 - February 14), the highest bidding price was 13715 yuan / ton (standard 3128b price), which was 420 yuan / ton lower than the previous week. In the week of February 3-7, due to the delay of the resumption date of downstream textile enterprises, the enterprises were pessimistic about the future market for the time being. They took advantage of the situation and actively bid, almost 100% of the transactions were completed, hoping to recover the funds as soon as possible.

After short-term recovery, the main force of zhengmian entered a short-term market shock. The ginning plant was still shut down for holiday, logistics and transportation were not smooth, seed cotton was difficult to collect, short-term ginning plant was not enthusiastic to open business, mainly wait-and-see, lint had no mainstream quotation, recently, the willingness to sell was insufficient, and traders resumed work The price of lint is active, but the cotton mills are cautious in purchasing, and the purchase and sales of lint market have not improved. The downstream textile enterprises have resumed production one after another, but the starting load is still at a low level, the cotton yarn orders are insufficient, and the logistics transportation has not been fully recovered. The short-term demand for lint is limited, and the willingness to replenish raw cotton is not strong. It is expected that cotton prices will be weak and stable in the near future, and attention should be paid to the resumption of production of downstream enterprises.

In February, the price of mainstream acrylonitrile factories was 10400 yuan / ton. The operation of acrylonitrile plants was basically stable, some factories stopped production, the pace of returning to work of terminal factories was slow, the turnover in the circulation field was rarely heard, the operators' confidence in trading was insufficient, the air atmosphere in the market did not decrease, the manufacturers' intended prices were mainly based on the factory prices, and the short-term attention was paid to the new information and guidance of factories. It is expected that the price of acrylonitrile is weak and difficult to change. There is no obvious change in acrylic fiber market. The pace of returning to work of downstream factories is still slow, the factory inventory is gradually accumulating, the load of some plants is reduced, and the enthusiasm of the acrylic fiber manufacturers is not high. It is heard that after the year of Jilin chemical industry, the quotation has risen slightly, but the demand side has not improved. In addition, the logistics recovery is slow, the price of raw material acrylonitrile is falling, and the cost support of acrylic fiber is weakened. It is expected that the price of short-term acrylic fiber will be weak and stable.

On January 31, U.S. time, the office of the U.S. Trade Representative (USTR) announced the product exclusion notice under the 8th batch of goods list with additional tariff of $200 billion. This exclusion involves 119 products, including 6 tax codes of textile and clothing products. On February 5, US Eastern time, the list announcement was updated on the USTR official website and officially approved. Up to now, the US side has released eight batches of 200 billion product exclusion list, of which the first batch involves two textile and clothing product tax codes, the second batch involves three textile and clothing product tax codes, the third batch involves seven textile and clothing product tax codes, the fourth batch involves three textile and clothing product tax codes, the fifth batch does not include textile and clothing products, the sixth batch involves three textile and clothing product tax codes, and the seventh batch involves eight textiles Clothing tax number, a total of 32 textile and clothing product tax numbers. Products excluded will no longer be subject to 301 tariff when exported to the United States. The period of validity of the exclusion can be traced back to the effective date of the 200 billion list - September 24, 2018. The validity period of the excluded products listed in this announcement is from September 24, 2018 to August 7, 2020.

Entrusted by SASAC, Sinopec, China's largest supplier of medical and health materials, has announced the production of masks. According to the company's current production lines, such as jundi and babe, the company has rapidly changed its production line of masks, such as jundi and biebao. According to the production capacity Statistics announced by the above enterprises, it is expected that the daily production capacity of masks is expected to increase by 60% by the end of February.

Hubei needs 100000 sets of protective clothing a day, and many listed companies refit production lines to ensure supply. Relevant person in charge of red bean: "the company will produce disposable medical protective clothing after obtaining the corresponding approval. The production products will be subject to the unified allocation of the government and will not be sold to the outside world. According to the company's calculation, the company estimates that the production capacity of disposable medical protective clothing will be about 60000 pieces / month after mass production. " In addition, mercury home textile said: "since the outbreak of the epidemic, the company has actively contacted and communicated with relevant parties. When Shanghai Economic and Information Commission needs to organize enterprises with relevant production capacity to produce protective clothing, the company has actively participated in the production of protective clothing." It is also understood that on January 30, georgebey completed the production plan, protective clothing process and operation process, and the company also mobilized social resources to search for and borrow special process equipment for the production of protective clothing overnight, so as to complete the template clothing of protective clothing.

All personnel wear masks, measure body temperature in and out, eat separately and reduce gathering; disinfect the plant area, workshop, canteen, dormitory, corridor and other areas regularly every day; set up an isolation observation area to observe the single room isolation of employees returning to the factory in the mainland at the first time On February 6, in the Korla economic and Technological Development Zone, employees of Xinjiang Zhongtai Textile Group Co., Ltd. are wearing masks and seriously operating the machine. At present, Xinjiang Zhongtai Textile Group Co., Ltd., Bazhou Jinfu special yarn industry Co., Ltd., Xinjiang Litai Silk Road Investment Co., Ltd. and other enterprises in the development zone have resumed production, and strictly implemented the epidemic prevention and control measures, and tried every possible means to protect the safety and health of every employee.

Dushanbe, the Tajik news agency, reported on January 30 that the Ministry of economic development and trade of Tajikistan announced the forecast of seed cotton production this year. It is predicted that 421000 tons of seed cotton will be produced in Tajikistan this year. According to statistical data, in 2019, the cotton planting area of Tajikistan is nearly 186000 hectares, and the seed cotton yield is 403000 tons, an increase of 34.2% over the previous year; the average yield per hectare is is 2150 kg.

Market curve