Negative Profit Operation Still Sell Goods, Yarn Price Progress To Weak, Forcing Polyester Short, Viscose Short Innovation Low? When Will You Copy The Bottom?

Market description

Zheng Mian's main impulse fell, and the long position was slightly reduced. Recently, the volatility range was 11800-12200, which is close to the lower edge of the concussion range. Pay close attention to the follow-up performance of Zheng cotton. The spot cotton price remained stable, the overall market purchasing and selling was weak, and the reserved cotton wheel was maintained for 13 consecutive working days. The bidding enthusiasm of Cotton Traders and cotton spinning enterprises was still relatively good. However, with the fall of zhengmian, the range of bidding price increase decreased, the average transaction price rose and fell, and the foreign trade orders of downstream yarn and grey cloth still did not improve, and the domestic trade market was still in the traditional off-season demand, Cotton demand continues to be depressed, and some cotton companies are more enthusiastic about shipping. In the case of relatively stable supply and short-term demand, it is difficult to find support for the rise of cotton prices, and it is expected to continue to fluctuate.

On July 17, 8085.405 tons of sales resources were sold by the reserved cotton wheel, and the actual transaction volume was 8085.405 tons, with a transaction rate of 100%. The average transaction price was 11601 yuan / ton, which was 93 yuan / ton higher than the previous day, or 12786 yuan / ton at 3128 yuan, 10 yuan / ton higher than the previous day. The average transaction price of Xinjiang cotton was 11755 yuan / ton, which was 101 yuan / ton higher than the previous day. The price of Xinjiang cotton was 12972 yuan / ton, which was 3128 yuan / ton, 12 yuan / ton higher than that of the previous day. The price increase of Xinjiang cotton was 943 yuan / ton. The average transaction price of real estate cotton was 11413 yuan / ton, which was 46 yuan / ton higher than that of the previous day. The price of 3128 yuan / ton of real estate cotton was 12561 yuan / ton, which was 37 yuan / ton lower than that of the previous day. The price increase of real estate cotton was 532 yuan / ton. From July 1 to July 17, the total transaction volume was 104663.9825 tons, with a turnover rate of 100%. Among them, the turnover of textile enterprises accounts for 49%.

The price of acrylonitrile market is weak, stable and fluctuating. With the shutdown of srbon plant, the spot market has hit the bottom. The open offer of middlemen is limited. Some middlemen say that they have no strong intention to continue to go low. Downstream users wait and see to purchase. Other plants and devices are running stably for a while. There is still no lack of low price offer in the market. It is expected that the price of acrylonitrile will fluctuate in a horizontal direction. The price of acrylic staple fiber maintains consolidation, the fundamental change is limited, the cost support continues to weaken, and the terminal demand has no obvious change, the downstream yarn mill orders are general, the installation load of acrylic fiber plant is maintained at a high level, and the manufacturer's offer mentality is temporarily stable. It is expected that the short-term acrylic fiber price will be arranged horizontally.

The people's Bank of China authorized the China foreign exchange trading center to announce that the middle rate of RMB exchange rate in the inter-bank foreign exchange market on July 15, 2020 is: 1 US dollar = 6.9982 yuan RMB, so the tariff rate of import and export goods in August 2020 will be calculated as 1 US dollar = 6.9982 yuan RMB. We look forward to the attention of cotton and textile enterprises with import and export business. (July 2020: 7.0873). According to the Announcement No. 53 of 2005 issued by the General Administration of Customs on October 30, 2005, the applicable exchange rate for the tax rate of import and export goods is the foreign exchange conversion rate of the Bank of China on the third Wednesday of the previous month (if the third Wednesday is a legal holiday, the fourth Wednesday shall be postponed).

In June 2020, cotton farmers branch of China Cotton Association conducted a survey on cotton planting situation of 2451 designated farmers in 12 provinces and cities in the mainland and Xinjiang Autonomous Region. The survey results show that: the cotton planting area in China is 46.1563 million mu, with a year-on-year decrease of 4.15%. The unit yield is expected to increase slightly on a year-on-year basis, and the total output is about 5.765 million tons, with a year-on-year decrease of 2.4%. By the end of June, the budding rate of cotton in China was 97.53%, 3% higher than that in the same period last year, and the occurrence of diseases and insect pests was relatively light. Among them, 78.80% of them suffered from mild diseases, 15.78% higher than the same period of last year; 67.33% of them suffered from mild insect pests, 1.77% higher than the same period last year; 47.80% of them grew well, 37.17% higher than that of last year.

According to the spirit of the announcement (No.1 in 2020) issued by the State Grain and material reserve bureau and the Ministry of finance, some central cotton reserves have been rotated since July 1. As of July 14, a total of 80521.95 tons of cotton has been sold, with a transaction rate of 100%. After the successful auction of reserve cotton, logistics distribution will naturally become the focus of follow-up work. The inconvenient problem of cross regional cotton extraction has broken the hearts of many cotton enterprises. In order to solve the problems of cotton transportation, logistics, logistics, logistics, logistics, etc., it is convenient to provide logistics services for customers.

According to the feedback from the cotton regulatory warehouses in Korla, Bachu, Kuitun and other places, Xinjiang cotton has been in a state of continuous decline in truck delivery and relative strength in railway transportation since mid July. According to the statistics of logistics branch of China Cotton Association, the shipment volume of Xinjiang cotton professional warehouse in June was 310400 tons, which was significantly reduced by 281900 tons compared with may, but higher than 127700 tons in the same period of 2019. Industry analysis shows that the sharp decline in road transportation is an important reason for the weakness of Xinjiang cotton delivery in June. First, Zheng cotton rose, Xinjiang cotton base difference and point price trading slowed down significantly, and small and medium-sized cotton mills in the mainland were watching and watching gradually; second, since some cotton mills with low stock of cotton reduced their purchase of low-quality Xinjiang cotton in Xinjiang's warehouses, they adjusted to buy on demand from Mainland warehouses; third, in the middle and early July, Zheng cotton rose in shock, and some traders and cotton enterprises in Xinjiang were reluctant to sell, so they didn't offer or offered higher prices As a result, the number of "railway freight" increased continuously in recent four months. Several warehouses in Xinjiang said that considering the short-term increase of melons and fruits in Xinjiang less than 3 months from the listing of new cotton and July to August; in addition, the pressure on the storage capacity of Xinjiang's warehouses has been fully eased (except for the Zhengzhou cotton delivery warehouse), there is little hope that the highway transportation volume of Xinjiang cotton will rebound from July to September, and the steady decline may still be a major trend. Therefore, at present, all warehouses are actively improving the storage capacity, inventory and clearing the platform, so as to prepare for the storage and shipment of lint in 2020 / 21.

Recently, the national development and Reform Commission, the Ministry of science and technology, the Ministry of industry and information technology and the Ministry of natural resources jointly issued the notice on the organization and recommendation of green technology. The notice requires the recommendation of relevant technologies in the fields of energy conservation and environmental protection, clean production, clean energy, ecological environment, and green upgrading of infrastructure. The recommended technologies should have the characteristics of advanced, applicability and high promotion value. The technology level is advanced in China, which can reflect the latest progress of green technology and play a leading role in the green development of related fields in China; the technology is mature and reliable, with clear intellectual property rights, which can meet the requirements of practical application; there are successful implementation cases, which can be widely promoted in relevant industries or fields; the high value of technology promotion, economic applicability and great promotion potential can effectively promote the economic and social sustainability Continued development. The submission time of recommended materials shall be before August 15, 2020.

On July 15, the opening day of Dawan District yarn exhibition, the sustainable fiber special session of textile materials innovation forum, a new vision of fiber, was held in hall 10 of Shenzhen International Convention and Exhibition Center. The forum was held online and offline at the same time. The 10 guests focused on the CV alliance and the sustainable development of the regenerated cellulose fiber industry, including the R & D, production, market and application of sustainable fiber products such as Saideli, Shandong Yinying, Qingdao Baicao, Zhejiang branch of China Textile Academy, Jiangsu Guowang high tech, Haili environmental protection, Qingyuan Yitong, etc., as well as the green development of Suzhou baolidi The related situation of color masterbatch was reported.

The net profit of Textile Machinery Co., Ltd. in the same period of 2020 is expected to decrease by RMB 1.53 billion to RMB 1.56 billion, compared with that of the same period of last year. As for the reasons for the performance changes, Jingwei Textile Machinery explained that during the reporting period, due to the impact of the epidemic situation, export orders of the textile industry decreased sharply, the construction was seriously insufficient, and the enterprise's willingness to invest in fixed assets decreased; under the downward pressure of the economy, the overall business volume of the trust industry fluctuated greatly. In this environment, the textile machinery business and financial business of the company were affected by the decrease of customer demand, resulting in a year-on-year decrease in revenue, resulting in a decrease in operating profit, and a year-on-year decrease in net profit attributable to shareholders of listed companies.

The Ministry of industry and information technology recently announced 40 typical cases of enterprises going to cloud in 2019, including 4 textile related cases. In recent years, the textile industry enterprises take "enterprise cloud" as an important starting point to promote the digital transformation of enterprises. The products of these four cases involve down garments, dyes, printing and dyeing, chemical fiber, household goods, outdoor products and other fields. The four production platforms of Shanghai Fuyun Chemical Industry Group Co., Ltd. are the integrated production and control platform of Shanghai Fuyun Chemical Industry Co., Ltd Dynamic digitization and cloud reconstruction of enterprise value chain -- cloud platform construction of "small", "beautiful" and "fast" in traditional manufacturing industry.

According to the statistics of Vietnam General Administration of customs, 100 enterprises in Vietnam exported 236 million medical masks in June, up 30% month on month, and 557 million in the first half of the year. With labor advantages, textile industry has become the third pillar industry of Vietnam's export, and Vietnam has also leapt to the third largest textile and clothing export country in the world, after China and India. Data show that Vietnam's total textile export in 2019 is as high as 39 billion US dollars. Among them, the European and American markets are the important export markets of Vietnam's textile industry. In April and may, 140 million and 182 million medical masks were exported respectively. The United States, Germany, Singapore, South Korea and other countries and regions are the main export markets of Vietnamese masks. However, some experts said that although Vietnam has advantages in the production scale of the textile industry, there are still obvious shortcomings in the industrial chain. If Vietnam lacks the ability to produce raw materials, it needs to import a large number of foreign countries every year.

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