Pure Cotton Yarn Price Stabilized, 5G Era Will Be Fully Opened

Quotation

1, Zheng cotton prices fell slightly.

By the 24 point in January 7, 2020, there were 953 cotton processing enterprises in the whole year of 2019 cotton processing cotton according to the requirements of the cotton quality inspection system reform plan, and the notarization test was carried out. The inspection volume reached 4 million 691 thousand and 832 tons. A total of 803 Xinjiang, the inspection volume of 4 million 561 thousand and 706 tons, 150 in the mainland, the inspection volume of 130 thousand and 127 tons.

In January 8th, the spot price of cotton continued to rise slightly, and the average price of domestic 3128B spot was 13806 yuan / ton, which was 63 yuan / ton higher than the previous day, and the price of Zheng cotton fell slightly. The main contract of Zheng cotton futures closed at 14165 yuan / ton, which fell 50 yuan / ton compared with the previous day.

2, pure cotton yarn rose slightly after stabilization.

At present, the market volume of pure cotton yarn has declined, and a slight rise has appeared in the early stage. Today, the price of pure cotton yarn has stabilized. In January 8th, the Henan compact spinning JC40S belt ticket price was 24500-25000 yuan / ton; Shandong produced C32S general quality ticket to the price of 20300 yuan / ton.

3, human cotton yarn price stability

At present, viscose staple fiber prices are stable and volume is generally normal. The trade of cotton yarn manufacturers is gradually ending, and the price changes in the later stage are not expected enough. In January 8th, the price of the cotton yarn 30S market was 14660 yuan / ton, unchanged from the previous day's price.

4, pure polyester yarn price is strong.

Iran confirmed that the Islamic revolutionary guards fired dozens of rockets into the US military base in Iraq. The crude oil continued to pull up. The crude oil rose to 4% during the day, and the cost side was strong. From the demand side, the downstream and terminal demand gradually shrank along with the advent of the Spring Festival holiday. However, the overall inventory of the yarn enterprises was reasonably controllable, and some enterprises had a tight schedule of orders years ago, and the market prices of pure polyester yarn were relatively strong. In January 8th, the 32S market of pure polyester yarn was quoted at 11335 yuan / ton, unchanged from the previous day's price.

Focus News

1, China lowered import tariffs on some commodities and released internal and external dividends.

Since January 1, 2020, China has once again cut import tariffs on some commodities, and has begun to import the provisional tariff rate below the most favored nation tariff rate for more than 850 imported commodities, including consumer goods, important medicines and advanced technology equipment, and has benefited many areas of national economy and people's livelihood. Overseas experts and scholars have highly praised this, which is a win-win move and unlocked a clear signal for China to firmly promote opening up.

2, the era of 5G will soon be fully opened.

According to the latest AI data survey, with the arrival of the 5G era, users have a high degree of awareness of 5G, and think 5G has a great impact on life. 76.6% of users hope to use 5G network before 2021. The findings also show that users have high awareness and high expectations for entertainment, home, transportation and medical applications. 5G will help cultural entertainment, smart home, smart healthcare, intelligent transportation, industrial Internet and smart energy development, and bring the ultimate entertainment and life experience to C users. At the same time, it will also digitally develop the power industry.

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1. Xinjiang cotton processing exceeds 4 million 800 thousand tons.

By the end of January 5th, the total volume of processing in Xinjiang increased by about 4 million 815 thousand tons, an increase of 3.41% over the previous year, an increase of 0.81% over the same period last year, and an increase of about 127 thousand tons in the mainland, an increase of 9.56% in the mainland, an increase of 3.14% over the same period last year, of which 81 thousand tons in Shandong, 18 thousand tons in Gansu, 16 thousand tons in Hebei, 5257 tons in Jiangsu, 4101 tons in Hubei, 16 thousand tons in Anhui, Tianjin in Tianjin, 16 thousand tons in Jiangxi and 16 thousand tons in Henan.

2, Shandong textile set up a digital transformation benchmark.

A few days ago, according to the news of Shandong Provincial Bureau of industry and commerce, Shandong will take the direction of digitalization, networking and intellectualization as the main direction, and take technological transformation as an important way to comprehensively promote the digitalization and intellectualization of textile and garment industry.

3, Lu Tai textile has established five major production bases abroad, showing its external achievements.

Liu Zibin, the party secretary, chairman and general manager of Lu Tai Textile Co., Ltd., said that Lu Tai Textile Co., Ltd. has actively responded to the call of "one belt and one road" in recent years and implemented the strategy of "comprehensive internationalization". Up to now, there are 5 production bases in three countries in Vietnam, Burma and Kampuchea, covering spinning, bleaching, dyeing, weaving, finishing, garment making and processing. At present, four major foreign production bases have been fully realized, and fifth production bases, Lu Tai (Xinzhou) Co., Ltd., have successfully put into operation the air spinning project, forming a production capacity of 280 thousand spindles, 3000 air spun, 67 million yarn dyed fabrics and 18 million shirts.

4, Tianhong Textile Group's three overseas projects are driving one after another.

At the beginning of 2019, Tianhong Textile Group joined forces with Jingwei Intelligent Company to sign a strategic cooperation project of 113 thousand spindles of cotton spinning and jointly set up three overseas markets in Turkey, Mexico and Nicaragua. At present, the three overseas projects are progressing smoothly. Turkey Tianhong and Mexico Tianhong projects have been driven by the whole line. The Nicaragua Tianhong project has entered the final installation stage, and some of the equipment has been tested for spinning.

5, the China Textile Alliance's environmental protection committee starts the "old clothes zero abandonment" brand special action.

The goal of "reduction, reuse and resourceization" put forward by the development plan is to promote the construction of recycling system for recycling, sorting, production and procurement of waste textiles. In January 6th, it was sponsored by the China Textile Industry Federation environmental protection and resource conservation promotion committee, supported by the world natural fund and China foundation for poverty alleviation, and jointly launched the brand of "old clothes zero abandonment" jointly launched by the clothing brand and the leading enterprises in the industry. Decathlon Decathlon, the launching ceremony of the old dragon clothing recycling public welfare donation ceremony was held at Decathlon Decathlon Waigaoqiao flagship store. This is a pilot project of Decathlon's old clothing recycling high value recycling mode industry. It is also one of the special actions of the "old clothes zero abandonment" brand old clothing resources high value utilization. To implement the "12th Five-Year" of the textile industry

international

1, Pakistan needs to invest more in cotton research and development.

According to the Pakistan forum January 6th, in view of the decline in domestic cotton production, the federal government of Pakistan recently decided to cancel tariffs and 5% sales tax on imported cotton. Cotton products are the backbone of Pakistan's industry and export. The government's initiative is worth encouraging. However, the government's decision did not solve the key problem of cotton production decline.

In recent 5 years, cotton production in Pakistan has been 1 million 910 thousand tons per year and consumption is 2 million 410 thousand tons, leading to the import of cotton every year. For example, 414 thousand tons of cotton imported in 2019, worth 986 million US dollars. The output of cotton is not only much lower than that of consumption, but also the quality of cotton produced is not high. The difference between export and import cotton confirms this point. In 2018, the average export price of cotton was 1651 US dollars / ton and the average import price was US $1806 / ton. In 2019, the average export price of cotton was 1609 US dollars / ton and the average import price was US $1850 / ton. Therefore, it is necessary to increase investment in cotton research and development to improve cotton yield and quality.

2. In 2019, the contribution rate of global luxury consumption reached 90%.

As the main engine of growth in the global luxury industry, the luxury market in mainland China continued its strong performance in 2019 over the past few years. In addition, China's luxury consumers have also led to the growth of luxury goods in other Asian countries.

Recently, Bain and the Italy luxury goods association FondazioneAltagamma jointly released the 2019 Global Luxury Industry Research Report (Autumn Edition), showing that the overall sales of China's luxury goods market increased by 26% in 2019. Chinese consumers have contributed 90% to the sustained growth of the global luxury goods market. As the main engine of growth in the global luxury industry, the luxury market in mainland China continued its strong performance in the past few years in 2019, with a total sales volume of 30 billion euros. It accounts for 35% of the world's total consumption of personal luxury goods.