Polyester And Short Production And Sales Are Good, Can The Rising Price Keep Going? Yarn Loss Is Also Difficult To Ship, Continue To Produce Post Gambling City?

Market brief

Zheng cotton opened up concussion, the price center of gravity continued to move upward, the main contract was slightly enlarged, short term Zheng cotton would go up to 11300 yuan / tonne pressure level, but the downstream demand was not good. Spot cotton prices continue to rise, downstream cotton mill, cloth factory orders are insufficient, product inventory accumulation, sales pressure continues to rise, in order to alleviate inventory pressure, some enterprises began to limit production, cotton demand is not optimistic, cotton purchase and sale remain weak, downstream demand is difficult to improve in the short term, the market for terminal demand concerns, coupled with the textile industry chain load has a downward trend. Short term cotton price rise lacks strong driving force, and small shocks are expected to be the main ones.

Acrylonitrile prices continue to decline, the Shandong market has dropped to 6600-7000 yuan / ton, has dropped to the lowest level since 2009, there is no other good guidelines on the news, acrylonitrile market to see that the air atmosphere is not decreasing, the price of acrylonitrile in the circulation area continues to decline, business confidence is not enough, and terminal demand has not improved, and the downstream needs to maintain the goods, considering that the price of acrylonitrile market has fallen below the factory. The cost line is expected to be relatively limited, and the short market expects acrylonitrile prices to continue to be weak. The price of acrylic fiber is tight, the terminal demand continues to be poor, the downstream factories are not flourishing, the manufacturers' enthusiasm for raw materials procurement is not high, and the load of the acrylonitrile plant continues to be low, and the factory offer is temporarily stable. The short term continues to pay attention to the cost side change, and it is expected that the market price of acrylic fiber will continue to consolidate.

To support the development of the real economy, promote the support for small and medium-sized enterprises and reduce the actual cost of social financing, the people's Bank of China decided to reduce the deposit reserve ratio by 1 percentage points for rural credit cooperatives, rural commercial banks, rural cooperative banks, village banks and city commercial banks operating in provincial administrative regions only, two times in April 15th and May 15th. The implementation of the implementation of each time, down 0.5 percentage points, a total release of long-term funds of about 400 billion yuan. The people's Bank of China decided to reduce financial institutions' excess deposit reserve interest rate from 0.72% to 0.35% in April 7th.

In March, the Xinjiang development and Reform Commission conducted a routine investigation, analysis and summary of the cost and income of 2019 households surveyed by 38 cotton survey counties (cities) in 402. The results showed that cotton production in the whole region was characterized by reduced production, increased costs, reduced selling prices and reduced profits in 2019. In 2019, the average yield per unit area of cotton in the whole region decreased by 2.08 kilograms compared with that of last year, a decrease of 1.7%. Production costs increased by 26.9 yuan over the previous year, an increase of 1.49%, of which material and service charges increased by 29.8 yuan over the previous year, an increase of 3.02%; and labor cost was less than 2.9 yuan, a decrease of 0.35% over the previous year. The average selling price per 50 kilograms decreased by 139.96 yuan over the previous year, a decrease of 19.13%. Net profit per mu decreased by 396.92 yuan compared with last year, a decrease of 321.34%.

A total of 3 enterprises in Xinjiang were selected in the list of big data industrial development demonstration projects released by the Ministry of industry in 2020. The selected items are: Xinjiang Kashi Qilu textile and Garment Co., Ltd. - 180 thousand ingot modern textile and big data intelligent equipment application and demonstration project, TBEA Xinjiang new energy Limited by Share Ltd - TBEA new energy station intelligent Yun Wei cloud platform project and Xinjiang Fokker oil Limited by Share Ltd - lubricant Internet Intelligent Manufacturing Integration Innovation and fusion. Combined application projects are mainly aimed at industrial big data fusion applications.

In March 2020, the textile and garment professional market managers' prosperity index was 51.24, an increase of 35.11 percentage points over that of 1~2 month, and the professional market business climate index was 51.18, which was 14.78 percentage points higher than that of 1~2 36.40 in March 2020. In March, the market which chose total operating volume, logistics delivery volume, passenger flow rate, opening rate and 1~2 month flat or continued to decline also occupied a sizeable proportion. We can see that although the operation of our professional market has improved slightly, there is still a certain distance from the overall recovery. With the slow recovery of the domestic market and the grim situation of the global epidemic, market traders are still not very confident about their own business and the situation of the industry.

In March 31st, in the ASEAN Economic Research Institute of Yuan Pei college, Shaoxing University, the global textile industry digital intelligent monitoring system was formally launched and trial run. The system is developed by the ASEAN Economic Research Institute jointly built by Yuan Pei College of Shaoxing University and Zhejiang Digital Technology Co., Ltd.. It will help Shaoxing local textile enterprises to formulate development strategies and seek market breakthroughs through a large number of visual intelligent data analysis. It is understood that through the digital intelligent monitoring system of the global textile industry, we can intuitively see the trend of the global textile industry market and the foreign trade situation, help local textile enterprises to grasp the industry risk and formulate corresponding production strategies. In addition, through the Research Institute's economic analysis of the WAN map library system, the backstage can process and analyze 30 million data sheets daily, and generate about 200 series of visual reports, including the economic growth situation and prospects of China and ASEAN, the FDI Potential of ASEAN countries and China, the situation of ASEAN countries and China's import and export, and so on, which can also provide direct development strategies for enterprises. View and detailed reference.

The 2020 edition of the STANDARD100 eco environmental friendly textile product certification standard issued by the international environmental textile association early this year will take effect on all certified products from April 1st. The new standard extends the scope of application and improves the limit of related substances. The international market of textile exports will face a great challenge, and the relevant export enterprises should attach importance to it. The main contents of the new edition are: monitoring new nitrosamines and nitroso substances in the material; the herbicide glyphosate and its salts have been included in the standard catalogue after a year's monitoring, limiting the total content of harmful elements arsenic and mercury; the total limit value of O-benzyl two methacrylate is tightened, which is limited to <500mg/kg from the original total <1000mg/kg, and the new total is added. It is noteworthy that PFOA and perfluorooctane sulfonic acid (PFOS) substances are beyond the requirements of our national and international standards for new substances in the new standard. New monitoring materials, pesticides and restricted substances include ethoxylaniline, mycophenolate and zinc borate.

DUKAI Kai, Secretary of the Burma Garment Association, said that because of the impact of the outbreak of new crown pneumonia, some EU brands decided to cancel the plan to buy clothing from Burma because of reduced sales. Wu Minsuo, chairman of the Burma Garment Association, said that because Burma received the GSP from the European Union, 65% to 70% of Burma's clothing exports were based on the EU market. It is understood that the EU provided GSP/EBA treatment to Burmese in 2013. In 2018, the European Union allowed imports of 2 billion 300 million euros from Burma. The EU says trade preferences will reduce Burma's tariffs by 250 million euros. It is reported that Burma mainly exports garments, shoes and rice to the European Union. 80% of the garments produced in Burma are exported to the European Union. Moreover, Burma exports most of its clothing to the EU, and second of it is rice.

In order to fight against the new crown disease, the European Commission decided on the 3 day to temporarily exempt customs and VAT from medical supplies and personal protective equipment imported from the European Union. This will help reduce the price of masks, ventilators and other urgently needed materials entering the EU market. The European Commission said that the effective date of the decision dates back to January 30th, with a preliminary period of 6 months and may be extended in the future.

Yesterday's State Council executive meeting, in response to the grim situation of the global epidemic, the meeting decided that the 127th Canton Fair will be held online in mid and late 6.

The head of the relevant department of the Wuhan Railway Bureau of the China Railway Group introduced that, from the pre-sale situation of the tickets in April 7th, it is estimated that more than 5.5 passengers will take the train out of the Han Dynasty in April 8th, of which the tourists to the Pearl River Delta region are more concentrated, accounting for about 40% of the total number of passengers from the Han Dynasty.

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