Polyester, Short, Stable And Stable Goods, Production And Sales Volume.

Market brief

Xinjiang cotton will continue to suspend trading in the listed companies. The price of cotton will be 902 yuan / ton in March 2nd, and the approximate rate will start trading in March 4th. According to the regulations, the total cotton rotation time in March 31st is 500 thousand tons. According to statistics, from December 2, 2019 formally began collecting and storing. By February 28, 2020, the total turnover of Xinjiang cotton had reached 164080 tons, of which 12480 tons were accumulated in the Xinjiang warehouse, and 151600 tons were accumulated in the mainland warehouse. The average transaction price was 13652 yuan / ton, and the highest price was 14197 yuan / ton, and the lowest price was 12879 yuan / ton.

Zheng cotton opened up concussion, bulls added small positions, continued to overtake rebound trend, short-term Zheng cotton still dominated by shock market, market sentiment greatly improved, short-term spot cotton prices have a rebound, may be, the price of base point price increases, the purchasing power of ginning factory is declining, and the downstream needs slow recovery. The supply is adequate, the downstream textile enterprises have greater selectivity, the pace of replenishment is slow, the purchase and sale of imported cotton market is flat, and a small number of transactions are mainly made of Brazil cotton and India cotton. Although the operators are confident of holding the post market situation, the terminal demand remains to be released.

Acrylonitrile prices continue downward, the supply is expected to increase, acrylonitrile market to see the atmosphere is diffuse, factory prices temporarily stabilized, the intermediate business plate gradually declined, the downstream demand side is not strong strong news support, the downstream wait-and-see is the main, solid trading atmosphere is not good, it is expected that the short line acrylonitrile market will continue to be weak. Acrylic staple fiber prices continue to be stable, downstream factories slow rhythm, and many manufacturers hold raw materials inventory, acrylic fiber market turnover atmosphere is generally, recent raw material acrylonitrile prices continue to decline, acrylonitrile factory no cost pressure, profit is still available, manufacturers trader mentality temporarily stable, short term acrylic fiber prices are expected to remain stable.

In February 2020, China's purchasing managers' index was significantly affected by the new crown pneumonia epidemic. Manufacturing PMI was 35.7%, down 14.3 percentage points from last month, and the non manufacturing business activity index was 29.6%, down 24.5 percentage points from last month. At the same time, the survey results show that with the CPC Central Committee and the State Council coordinating the epidemic prevention and control and economic and social development, the recovery rate of enterprises is rising faster, and production and business activities are being restored orderly. As of February 25th, the total number of large and medium-sized enterprises in the national survey of purchasing managers was 78.9%, of which 85.6% were large and medium-sized manufacturing enterprises.

The China Apparel Association launched a second stage questionnaire survey on garment enterprises' resumption in -28 February 27th. By the 10 point in February 29th, the association had received 325 valid questionnaires from 14 enterprises and 14 industrial clusters. Among them, enterprises above Designated Size accounted for 77.1% of the total feedback enterprises, and manufacturing enterprises and brand enterprises accounted for 69.7% and 30.3% respectively.

Up to now, Nantong textile industry in Jiangsu province has returned to 90%. Quanta, CHINO, glade, oxygen hall and other 8 enterprises under the help of market regulatory authorities to start production quick batch process, put into production of epidemic prevention supplies. Shuang Dian Town, Rudong County, is a town known for its grey cloth. Its textile industry is its pillar industry and characteristic plate. The impact of the epidemic on small and medium enterprises is far greater than that of large enterprises. Shuang Dian Town, Rudong County, is a town known for its grey cloth. Its textile industry is its pillar industry and characteristic plate. In February 18th, the members of the enterprise service team of the market supervision bureau went to the town of Bi Dian to convene the forum to discuss the impact of the epidemic on the textile industry. The emphasis was placed on the ways in which Hangzhou, Yiwu and other places tried to recruit employees and to resume their work at an early date. Read. A symposium helped clarify the thinking of the Party committee's government and key enterprises. A week later came good news: at present, the town of Shuang Dian has been actively organizing local Yu Xiang textile, longevity textiles, Wanshun textile, Nan Ya textile, double star textile and other key enterprises to return to work.

In February 28th, Zhejiang Semir apparel Limited by Share Ltd released the 2019 performance bulletin. In 2019, the company realized total business income, operating profit, net profit to mother and net profit of 193.59 yuan, 21.58, 15.46 yuan and 1 billion 485 million yuan, representing an increase of 23.15%, 3.74%, -8.72% and 11.29% over the same period last year. 2019Q4's revenue and operating profit increased by 2.39% and 28.33% respectively.

Zhejiang Huafeng spandex Limited by Share Ltd recently released its 2019 annual performance bulletin. During the reporting period, the company achieved operating income of 13 billion 939 million yuan, an increase of 214.26% over the same period, and its net profit attributable to shareholders of listed companies was 1 billion 742 million yuan, up 291.37% over the same period last year. The company has further improved the market share by stabilizing production, reducing production efficiency, improving product quality and enhancing after-sales service, and the leading position of the industry has been further strengthened.

In March 3rd, Xinye textile announced: the company intends to invest in the construction of high-grade spinning composite nonwovens project. The total investment of the project is 120 million yuan, and the construction of the spun composite nonwovens project is 6 months. After the completion of the project, it is expected to produce 25 thousand tons of high grade textile composite nonwovens annually.

According to the latest reports in the Cambodia times, Kampuchea has donated 300 thousand medical masks and a number of protective clothing to China in March 2nd to help China fight the epidemic. The country also said that although these donations were relatively small, they were all donations from the heart of Kampuchea. According to reports from Vietnamese media, the Chinese Chamber of Commerce has said that China may supply raw materials to Kampuchea immediately, so that the country's textile mills continue to produce products, according to reports from Vietnamese media. At present, Kampuchea has more than 500 textile factories, employing more than 1 million people, and indirectly engaging in related industries. The number of people in Kampuchea is up to 4 million. This means that one out of every four people in the country is engaged in clothing and textile related industries. Of these more than 500 enterprises, the investment enterprises from mainland China, Hongkong and Taiwan are as high as 70%.

Bangladesh's financial bulletin recently reported that the quantity and value of imports from China decreased by 20.87% and 8.29% respectively from January 1st to February 21st this year due to the impact of China's new crown pneumonia epidemic. Bangladesh's pillar industry textile industry was seriously affected by the decline in imports of raw materials. Reported that many Bangladesh textile enterprises used raw materials are from China. At present, Bangladesh can not import imported textile raw materials from China to other substitutes, but local raw materials and other related materials processing enterprises have taken the opportunity to raise their prices. Bangladesh has more than 4600 garment enterprises, the second largest garment exporter in the world after China, mainly exporting to Europe and North America. In the past 10 years, clothing exports have increased by nearly three times. In 2018, its apparel exports amounted to about 32 billion 500 million US dollars, with a global market share of about 6.5%.

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