Rush To Rush Season And Rush Orders! "Retreat And Enter" In The Textile Market: Do We Stick To One Mu Or Three Points, Or Break Out Of A Sky?

Market brief

In September 2nd, 11672.8178 tons of resources were sold out of the cotton reserves, with a turnover of 10226.9379 tons, with a turnover rate of 87.61%. The average transaction price was 11551 yuan / ton, down 83 yuan / ton compared with the previous trading day, and the price of 3128 yuan was 12775 yuan / ton, down 228 yuan / ton compared with the previous day. Xinjiang cotton trade average price of 11566 yuan / ton, Xinjiang cotton discount 3128 price 12985 yuan / ton, Xinjiang cotton price increase 650 yuan / ton. The average price of real estate cotton is 11538 yuan / ton, the price of real estate cotton is 3128 yuan, 12598 yuan / ton, and the increase rate of real estate cotton is 263 yuan / ton. From May 5th to September 2nd, the cumulative turnover of cotton reserves totaled 781 thousand and 100 tons, with a turnover rate of 84.11%.

Zheng cotton rushed to the height, short positions increased, and the purchase and sale of the lint spot market remained unchanged. Some of the quotations continued to decline slightly, and the market sentiment remained pessimistic. In September, the downstream cotton yarn market was still weak. The enthusiasm of textile enterprises to purchase raw materials was not high, the purchase of raw materials was not high in the near future, the selling pressure of the cotton was very high, and the new cotton was going to be on sale.

The price of acrylonitrile is narrow and volatile, and the main factory offer is maintained at the beginning of the month. The middlemen's mentality is slightly cautious, the overall offer is limited, the price is extended at the end of last month, the market is limited in stock market and the spot market is limited. In the short term, the two phase of the production plan of SLP is continuous, and the market waits for a strong atmosphere. It is expected that the short-term price will remain narrow. Acrylic fiber prices remain stable, the peak season has not yet been improved, the demand remains weak, the acrylic market is watching the air atmosphere, the downstream users wait and see, the acrylic factory offer is maintained, but according to spinning road 1707, the mainstream factory mentality is good, and the follow-up trend of raw materials and acrylic fiber is still in expectation. If the raw materials go up, do not rule out the acrylic fiber up, it is expected that the short-term acrylic fiber price will maintain horizontal finishing.

In August 28th, the staff of the national cotton market monitoring system continued to investigate in Northern Xinjiang, and visited a local futures delivery warehouse in Kuitun, the largest cotton distributing area in Northern Xinjiang. According to the person in charge of the enterprise, there were 7 cotton warehouses in the region, of which 2 were deliveries. The total storage capacity of the 7 reservoirs can hold nearly 3 million tons of lint at most, and the number of cotton lint in each warehouse has increased substantially compared with the same period in previous years. The warehouse owner said that storage capacity can store hundreds of thousands of tons of cotton. Up to now, there are still 96 thousand tons of lint waiting for sale, including 70 thousand tons of warehouse cotton and 26 thousand tons of commercial cotton. In the 6 and July of the past year, Curie was empty, and it was very different this year. Now there is a lot of lint accumulation in the Treasury. There are also a lot of lint stock in the surrounding areas and other warehouses in the territory. It is understood that at present, the conservative estimate of Xinjiang still has 130-140 tons of cotton for sale. Warehouse enterprises generally hope that cotton enterprises and traders will seize sales and make room as early as possible so as to smooth the storage of new lint after listing.

Since the beginning of this year, great changes have taken place in the world economic situation, Sino US trade frictions have intensified, and the dispute between Korea and Japan has intensified, which has cast a shadow over the world's economic and trade development. It is gratifying to note that despite the unprecedented impact of the world trade order, the exchange of textile trade between China and South Korea has never been interrupted. Chinese businesses can be heard everywhere in Seoul's east gate, Ming Dong and other commercial areas. People engaged in textile and foreign trade also frequent frequent visits to China and South Korea, expanding new areas of textile trade between the two countries. In particular, the prospect of Sino US trade friction is uncertain, so that China's textile enterprises are seeing opportunities in Korea. In August 28th, the 3 day Preview in SEOUL 2019 opened at the Seoul COEX Convention and Exhibition Center. A record of 183 Chinese enterprises participated in the exhibition. Chinese enterprises exhibited high quality yarn, functional fabrics, accessories and other products. Green environmental protection became a new feature, giving Korean enterprises a new understanding of Chinese products.

In August 30th, Gaoyang County textile industry planning demonstration seminar was held in the conference room of the four floor of the government. County Party committee secretaries, county leaders and relevant departments of the county and 13 key enterprises participated in the demonstration meeting. At the demonstration meeting, Yang Yanyan, director and director of planning and strategy of Hebei Lang Industrial design company, analyzed and interpreted the textile industry planning of our county from the aspects of towels and textile industry market, strategic positioning of Gaoyang towel industry, Gaoyang textile town development plan, Gaoyang textile industry's three year operation plan and the policy of high quality development of private economy. Relevant departments and towel trade association leaders put forward suggestions and suggestions on how to plan the landing of textile industry according to the work of this department.

In the 1-8 months of this year, PTA futures totaled 240 million hands (Dan Bian), accounting for about 10% of the National Futures market, and 1 million 470 thousand hands in average daily turnover, an increase of 134% over the same period last year. The average daily position of 1 million 130 thousand hands increased by 41% over the same period. Since the internationalization of PTA futures, a total of 115 overseas customers have opened accounts, and overseas customers have exceeded 10 thousand positions. In addition, 29 overseas brokers have completed the record and can carry out overseas brokerage business of PTA futures. BP Singapore is the first overseas company to take part in PTA futures trading. Recently, Simon Bei Xi, President of the oil trade of BP's Singapore Trade Center, said: PTA futures is an important tool for us to hedge business risks. At the same time, we are committed to using our trade expertise and ability to help our business partners manage risks.

The annual reports of the first half of each dye listed company have been released. The relevant data show that the average price of dye in the first half of 2019 is higher than that of the same period in 2018, though the impact of the 3.21 Xiangshui bombings is the same. But the same effect is a long time of discontinued production. As of September 1st, the dyestuff enterprises in Northern Jiangsu have not yet resumed production, and the affected countries are Jiangsu Asia, Ru Tu, Ji Hua and anochi. Influenced by Sino US trade, textile orders directly affect the downstream demand of dyestuffs. The price of dyestuff has been kept low in 7-8, and the price of dyestuff has basically been adjusted. The price of dye is still stable in the later stage. The supply of vat dyes, anthraquinone disperse dyes and other markets is still insufficient, which consumes the original stock.

As the most dynamic and potential economic growth point and the most attractive investment attraction of China's economy, the cooperation and exchange activities of state-level economic and technological development zones are becoming increasingly frequent. Henan Xinxiang economic and Technological Development Zone and Shaoxing Keqiao economic and Technological Development Zone, two of which are separated from the state-level economic development area, have contacts and exchanges since March of this year. In order to further promote cooperation and exchanges between the two places, on the morning of August 31st, under the leadership of Wang Feng, deputy inspector of the Henan Provincial Department of Commerce, the principal leaders of Xinxiang Economic Development Zone went to Keqiao. The two sides joined hands to explore new models and new models for the innovation and development of state-level economic development zones. In the future, the two sides will carry out strategic cooperation at various levels, such as industrial cooperation, investment promotion, training and exchange of cadres and talents.

Recently, the fourth Canadian clothing and textile procurement exhibition was held at the Toronto International Exhibition Center. The exhibition attracted more than 150 enterprises from 15 countries and regions, including China, Canada, the United States, Pakistan, India, Bangladesh and Turkey, with 300 booths. The Jiangsu Council of the China Council for the promotion of international trade organized 68 exhibitors of 57 enterprises in the province, exhibiting 1/3 over the Chinese exhibition area, including clothing, fabrics and accessories. The Ministry of Commerce has relied on this exhibition to set up a Chinese brand promotion project, featuring 8 well-known clothing brands including Bosideng and red bean in Jiangsu, and displaying the brand image of Chinese clothing to local buyers. During the same period, more than 20 seminars and lectures attended by industry experts were held, and the "China brand fashion show" and "international fashion show" were launched.

Taiwan Institute of economic research, 2, announced that in August, Taiwan's Manufacturing Purchasing Managers Index (PMI) edged up 0.2 percentage points to 48.2%, showing a tight contraction for 4 consecutive months. In the five indicators that constituted PMI, new orders and inventories contracted for fourth consecutive months, with an index of 48.9% and 46.1%, respectively. The production volume index was 57.1% showing expansion, and the manpower employment index fell back to 48.3%, and the delivery time of suppliers decreased. The report also shows that the outlook for Taiwan's overall manufacturing sector has contracted for 4 consecutive months in the next 6 months, and the index has fallen 4.8 percentage points to 44.5%. In the next 6 months, the outlook for the whole non manufacturing sector continued to expand for only 1 months. In August, it fell 6.1 percentage points to 44.9%, the fastest tightening rate since February 2019. In addition, the Taiwan Institute for financial research recently announced that the banking high level index (BEI) fell to its lowest level this year, reflecting the prospect of senior managers in Taiwan's banking industry in the next three months and the financial market in the next three months.