After The Textile Industry, "A Good Start" Makes People Happy And Refreshing.

Although there is some restraint in the demand side, but from the fundamentals of the product itself, the short-term benefits are more, will boost the textile market continues to rise, and reach the highest point in the year is expected to be around 840, at the end of October or a small drop in risk.

During the national day, Lixian, Hunan

The purchase price rose by 0.10-0.20 yuan / Jin before the festival.

The purchase price of local cotton seed in Tangshan, Hebei increased gradually from 3.4-3.5 yuan / jin to the current 3.7-3.8 yuan / Jin.

Hebei Hengshui seed cotton purchase price of 3.80-3.85 yuan / Jin, higher than before the festival rose 0.15-0.20 yuan / Jin.

Intercontinental Exchange (ICE) cotton futures plunged nearly 3% in October 5th, recording the largest intraday drop in more than three weeks, as Hurricane Matthew weakened the threat of damage to cotton crops in the southeastern United States.

In September 30th, the reserve cotton rotation was completed in 2015/2016. As of September 30, 2016, the cumulative output of cotton reserves in the 2015/2016 year was 2 million 648 thousand and 300 tons, of which 2 million 352 thousand and 200 tons were made for domestic cotton and 296 thousand and 100 tons for imported cotton.

Yisheng Dalian petrochemical PTA plant turns over maintenance: the 2 million 250 thousand line of line 1 has been shutdown and overhaul since October 8th. The maintenance time is about 10 days. The 2 line plans to stop and repair in mid and late 10 months; Hengli petrochemical 2# plant 2 million 200 thousand tons / year.

The device has been shut down since October 7th. The shutdown time is about 20 days due to the dryer problem, and the planned contract volume reduction is 20%.

On the seven day of the National Day holiday, the third batch of autumn cocoons of Xiangzhou, Guangxi guests came on the market. Now the peak of the listing is coming. By October 8th, the purchasing price of cocoons has basically maintained around 42 yuan per kilogram. The autumn and cocoon of Jiangsu and Zhejiang provinces also began to be listed in large quantities. Among them, the purchase price of the mid autumn cocoon bought by Haian county was 49 yuan / kg, compared with the same period last year.

Xia Ting predicts that the textile market is likely to rise shortly after the national holiday.

Specifically,

Acrylonitrile 1/3 capacity maintenance, PTA Hengli and so on.

The two factories are overhauled.

The effect of device maintenance will be strengthened, and the market will continue to maintain a strong trend in the short term. The cotton spinning industry's ending of cotton reserves and the shortage of new cotton resources will cause the purchase price of cotton to continue to be raised, and the possibility of speculation in the market will be greater.

And the new flower picking and listing have been postponed. It is estimated that after mid October, lint will be listed in large quantities with the picking of Xinjiang machine picked cotton.

Cocoon silk industry, due to labor force reduction, weather and environmental changes and other factors, this year's mid autumn cocoon production decline, the purchase price will continue to maintain high.

Downstream, after the G20 summit, especially in Jiangsu and Zhejiang provinces, printing and dyeing and garment enterprises have resumed production, gray cloth has demand and way out, and at the same time, it also promotes the sale of yarn and thread.

But for the whole country, the overall sales of yarn is not ideal, and it is relatively cold.

At the same time, according to China Customs statistics, 1-8 months, China's yarn imports $4 billion 810 million, down 22.7% over the same period last year.