Internal and external yarn prices have narrowed down 'Cloud' empowers and seeks development (May 25-29, 2020)

1. Domestic cotton yarn futures and spot prices both dropped slightly. This week, the domestic cotton yarn spot prices continued to drop slightly, hitting a new low during the year. The national cotton market monitoring system yarn index CNCotton C32S yarn index average price of 18,745 yuan / ton, down 16 yuan / ton from last week, the price difference of yarn and cotton is 7,130 yuan / ton, down 109 yuan / ton from last week; the average price of cotton yarn futures settlement is 19302 Yuan/ton, down 30 Yuan/ton from last week, higher than the spot price of 557 Yuan/ton, and the price difference narrowed by 14 Yuan/ton compared with last week. 2. The decline in international yarn prices has narrowed. The domestic and foreign price gaps continue to be positive (1) 32 cotton yarns. This week, the average pick-up price of Indian ports was 18,454 yuan/ton, down 126 yuan/ton from last week. The price difference between China and India [1] [1] This is an increase of 110 yuan/ton to 291 yuan/ton from last week; the average pick-up price at Vietnamese ports is 18,534 yuan/ton, down 16 yuan/ton from last week, and the price difference between China and Vietnam is 211 yuan/ton, the same as last week. (2) 21 cotton yarns This week, the average pick-up price at Indian ports was 17,440 yuan/ton, down by 50 yuan/ton from last week, and the price gap between China and India widened by 50 yuan/ton to 360 yuan/ton from last week; the average pick-up price at Pakistan ports 17,290 yuan/ton, down 50 yuan/ton from last week, and the price gap between China and Pakistan widened by 50 yuan/ton to 510 yuan/ton from last week.　　(3) 10 air-jet spinning 　　 This week, the average pick-up price at Indian ports was 12,400 yuan/ton, and the price difference between China and India was -525 yuan/ton, which was the same as last week.　　 In the past week, Indian cotton yarn prices continued to fall, and the quotations of other yarn varieties began to stabilize.　　3. The price of polyester shorts rose slightly and the prices of sticky shorts were stable. Due to the high inventory of finished products of domestic downstream enterprises, the market may remain volatile in the near future. This week, the national cotton market monitoring system chemical fiber index, CNCotton PS (1.4D direct spinning polyester staple) average price 5806 yuan / ton, up 16 yuan / ton from last week, cotton-polyester price gap widened 77 yuan / ton to 5809 compared with last week Yuan/ton; CNCotton VS (mainstream viscose staple fiber) average price of 8,800 yuan/ton, the same as last week, the price difference of cotton viscose expanded by 93 yuan/ton to 2815 yuan/ton.　　Four. Outlook on the market. On the whole, the current market factors are basically optimistic, and as more and more countries lift the blockade and resume production, the situation of 'walking on two legs' in my country's textile industry and foreign trade may gradually take shape. However, the overall order scale and volume of textile companies are currently small. Under the influence of the global epidemic, the continuous Sino-US trade disputes and the weakening global economic environment, companies still need to operate cautiously, and the extent of consumption recovery remains to be seen. The specific factors are as follows: 　　 From January to April, the total profits of industrial enterprises above designated size in the textile industry achieved a narrower decline compared with January to March. On May 27, the Bureau of Statistics released data showing that from January to April 2020, there were Among such industries, the total profits of 5 industries increased year-on-year, and 36 industries decreased. Among them, the textile industry decreased by 19.8%, and the textile and apparel and apparel industries decreased by 34.8%, both of which were narrower than the year-on-year decline in total profits from January to March.　　In February and April, the industrial added value of the textile industry above designated size turned from negative to positive sharply. 　　 As domestic enterprises resumed work and production, the production situation in the textile industry further recovered in April, and the growth rate of main indicators turned from negative to positive. According to data from the National Bureau of Statistics, in April 2020, the industrial added value of the textile industry above designated size changed from a 5.5% decline in March to an increase of 2.2%.　　3, PMI in May 2020 was 50.6%. On May 31st, the data released by the National Bureau of Statistics showed that China's manufacturing purchasing manager index (PMI) was 50.6% on May 31st. Since March 2020, the PMI has been above the 50% decline line for three consecutive months, indicating that the economy has maintained a momentum of restorative growth.　　4. Representatives of textile industry members spoke for the industry at the two sessions. 　　 On May 28, the two sessions of the country closed. During the meeting, representatives of the textile industry members spoke for the industry, focusing on restoring the industrial ecology, ensuring industrial safety, and consolidating industrial status, calling for greater policy support for the industry.　　5. Home textile export orders increase. Foreign trade may recover slowly. 　　 At present, some companies report that the order situation has improved, mainly focusing on home textile products, which are sold to the United States. The order volume is large and the existing finished product inventory is low. In addition, many textile companies said that recently foreign inquiry orders have begun to increase, or a signal of the slow recovery of foreign trade. 6. Empowering the online development of the textile industry through the “cloud” The 2020 Zhejiang Export Online Trade Fair (Korea Station-Textile Fabric Special), which has just ended recently, has received a good response and brought a live broadcast to the audience. 'Sourcing docking feast' has been highly recognized by exhibitors from China and South Korea.　　Through online participation and online communication, textile companies can understand the trend of foreign fabrics during the epidemic while opening up domestic and foreign marketing markets. Through 'cloud' empowerment, textile companies may find 'another blue sky'. At the same time, the online Canton Fair to be held in June is worth looking forward to.　　[1] The price difference in the article is the difference between the domestic yarn price and the foreign yarn price. Article keywords: 　 inner and outer yarn prices