Before The Festival, The Stock Is Quietly Starting, And Some Yarn Prices Are Rising.

Market brief

In December 11th, the number of New Zealand's cotton entering the market was 7000 tons, and the actual turnover was 2800 tons, with a turnover rate of 40%. The average transaction price was 13289 yuan / ton, down 2 yuan / ton compared with the previous day. The highest price of the transaction was 13316 yuan / ton, unchanged from the previous day; the lowest price was 13176 yuan / ton, up 10 yuan / ton compared with the previous day. Among them, 520 tons of Xinjiang warehouse were built, and 2280 tons for the inland bank. There were 6 stores. Because of the poor cotton price in the import and export of the stored cotton wheel, it avoided the price rise due to the absorption of domestic stock and lost competitiveness with the outer cotton. It has created a stable business environment for the sale of domestic cotton market, and has also been reassured by cotton processing and marketing enterprises.

Zheng cotton rushed down, and the main contract was bullish. China and the United States plan to postpone the talks until December 15th. Market concerns about demand have not been completely eliminated. Sentiment in the spot market is dominated by wait-and-see sentiment. Short term cotton mills are still very cautious about raw material procurement, and the obvious improvement of lint buying and selling, coupled with adequate supply of the market, is difficult to achieve a substantial increase in cotton prices under the pressure of goods and short term stability.

Acrylonitrile prices continue to consolidate, tight supply situation is expected to ease, middlemen trader mentality is different, the market offer is still slightly chaotic, the cost is expected to lower prices reluctant to sell, spot trading less heard, a single transaction mainly, short term market changes are limited, the price of acrylonitrile is expected to sideways, continue to focus on factory information guidance. Acrylic fiber prices continue to consolidate, the recent narrow price range of acrylonitrile prices, terminal factories pay close attention to the price trend of raw materials acrylonitrile, purchasing mentality cautious, acrylic fiber Market wait-and-see mentality is strong, and acrylonitrile factory cost pressure increased, low price reluctant to sell emotions gradually, under the guidance of new news, short term acrylic fiber price is still stable.

The Wall Street Journal: China US trade agreement negotiators both said they plan to delay tariffs in December 15th. If it is not postponed, the United States will impose 10% tariffs on textiles and smart phones imported from China. China will resume tariffs of 25% or 5% on imports of cars and parts from the United States, and impose 5 to 10% tariffs on oil and agricultural products.

From the agricultural and rural Office of the autonomous region, we have learned that the continuous deepening of structural reforms in the supply side of agriculture has brought about continuous improvement in the quality and efficiency of agricultural development. The total output of grain in the region reached 15 million 270 thousand tons, an increase of 230 thousand tons over last year. The quality and efficiency of cotton production steadily increased, and the machine production area exceeded 11 million 500 thousand mu for the first time. This year, the whole region has gradually reduced the number of cotton varieties, and promoted the "one main, two subsidiary" seed use pattern in the whole region. The main varieties accounted for more than 73% of the total cotton planting area, and the cotton quality uniformity was steadily improved. At the same time, the main cotton producing areas in southern Xinjiang actively promote cotton drip irrigation, water and fertilizer integrated machine cultivation mode, and achieve cotton production cost saving and synergy. According to statistics from agricultural and rural sectors, cotton planting area is expected to grow to 39 million 193 thousand mu this year, showing a growth trend compared with last year. Cotton production shows the trend of increasing scale planting ratio, lowering planting costs and intensification level.

In December 9th, sponsored by Orient International Group and China Fashion Color Association, the 2019 annual conference of Chinese color science was held in Shanghai Dahua Hongqiao Holiday Inn Convention Center. China color academic annual conference is an authoritative platform for China's color discipline innovation, high-level academic exchanges, recognition of high-level innovative talents, and excellent research results. Every year, experts and experts from various fields and abroad are organized to hold professional seminars, providing new materials, new technologies and new color guidance for many member enterprises. At the same time, enterprises and various industries, institutions and enterprises are also strengthening important cooperation activities. This two day Chinese color academic annual conference, taking the theme of "color change and Smart Life" as the theme, discussed international color, Chinese and Western color exchange, fabric trend, fabric design innovation, integration development, brand communication and other topics.

In December 8, 2019, the first (2019) Yuncheng Cotton Textile Forum was successfully held at the South Lake Hotel in Yuncheng, Shandong province. Nearly 200 textile enterprises representatives from all over the country attended the meeting. As a "famous cotton textile city in China", Yuncheng county has a certain influence in the cotton textile industry. In recent years, with the support of Yuncheng county Party committee and county government, the scale of spinning has steadily increased, and the equipment level of textile enterprises has been constantly improving and the product structure has been continuously optimized. The holding of this forum has set up a resource docking bridge for Yuncheng's cotton textile industry. The Shanghai cotton alliance electric business platform will accelerate the cross-border integration of industries, and let the cotton textile industry plug into the "Internet" wings, enhance the operational efficiency of the traditional cotton textile industry in Yuncheng and surrounding areas, reduce the operation cost of the industry, and boost the transformation of textile industry in Yuncheng county to achieve the transformation of new and old energy, transformation and upgrading, quality and efficiency enhancement.

On the morning of 8 June, the "China (Suzhou) silk fabric center" awarding ceremony supported by the Suzhou Silk Industry Association and the leading group office of the revitalization and development of Suzhou traditional technology Co., Ltd. and the "2019 Suzhou silk quality certification and silk new products" press conference were held in Suzhou Hongcheng silk printing dress Co., Ltd. After the completion of the licensing, "China (Suzhou) real silk fabric center" signed a strategic cooperation agreement with the Soviet Academy of Arts, Suzhou Vocational University and Suzhou economic and trade college to establish a production and research base and open a new mode of school enterprise cooperation. The national silk quality monitoring and sampling base of the National Silk inspection center, the Suzhou silk new product display platform of the Suzhou Silk Industry Association and the first batch of 20 key domestic silk enterprises entered the center, forming the platform effect of the silk industry chain, laying the foundation for the next step to integrate design, production and sales resources, and create a one-stop service platform for the silk fabric industry.

China Council for the promotion of trade (CCPIT) issued the first batch of "environmental guidelines for enterprises to invest in foreign countries (regions)" on 9 th. This guide gives a detailed account of the economic and trade profiles, foreign investment environment and policies, and investment and financing risk prevention of 6 countries in Chile, France, Indonesia, Singapore, Thailand and the United Arab Emirates. The issued compass is relatively strong in nature, and can meet the basic needs of enterprises in understanding the situation of countries and regions. It has strong practicability, focuses on hot issues such as investment promotion platform construction, public information service, government mechanism protection, economic and trade dispute prevention and settlement, and so on. It has strong timing effect, and collects first-hand information to ensure that the economic and trade policies, classic cases and laws and regulations in the guide are accurate and effective.

According to the news of the economic and Commercial Counsellor's office of the Chinese Embassy in Pakistan, Pakistan's forum express reported that textile exports in Pakistan reached US $3 billion 300 million in the first quarter of this fiscal year, which is expected to achieve the goal of exporting US $13 billion 300 million over the previous fiscal year in the current fiscal year. Reported that Pakistan is a large textile country with a long history of textile manufacturing and a large number of cheap labor force, but the export volume of Pakistan textile products is not high, especially compared with some Southeast Asian countries, such as Bangladesh textiles annual export volume of 39 billion dollars, Vietnam is 38 billion dollars. The textile industry in Pakistan called on the government to increase its support for the textile industry. First, the implementation of a fair tax and rebate system will give more tax incentives to the textile industry. Two, it is necessary to strengthen the use of foreign capital, encourage foreign investors to invest in the textile industry, and three, improve the textile design and Fashion Institute, and upgrade the level of technology and talents in the industry.

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