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The Journey from Raw Materials to Finished Product: What You Need to Know

Explore the fascinating journey of raw materials transforming into a finished product in today's news landscape.

The Journey from Concept to Finished Product: A News Perspective

Explore the fascinating journey of turning ideas into a finished product, and how news influences this process.

Cotton club business rose by nearly 50% in 2021

In 2021, according to the data of business society, the price of 3128b lint at the beginning of the year was 14981 yuan / ton, and the price at the end of the year was 22206 yuan / ton, an increase of 48.23%. On the whole, the cotton market is in a rising channel this year, with an amazing increase. By the end of November, due to weak demand, the cotton price began to enter the downward consolidation stage.     2、 Review of cotton market trend In 2021, the domestic cotton spot market showed a trend of shock and gradual rise. In the first half of the year, the market fluctuated and stabilized. In early March, the market once rose and then fell back. By the end of September, affected by the rise of commodity market prices and the sharp rise of domestic seed cotton purchase prices, the domestic and foreign cotton prices rose sharply to a new high in recent 10 years, and then the market was all the way high, The highest price was more than 22900 yuan / ton. By the end of November, due to the global market turmoil triggered by the new mutant strain, the downstream consumer demand was sluggish, and the cotton price turned down again, and gradually stabilized by the end of December.     From the trend chart of cotton market in the past decade, it can be seen that this year's cotton price has reached the highest level in the past decade. First quarter: at the beginning of the new year, the cotton price was in a stable trend, the market was at the average level over the years except 2020, the market supply was sufficient, and the overall sales were smooth. After February, the cotton market rose significantly. Driven by the slowdown of the global epidemic situation, the continuous promotion of vaccination and the US $1.9 trillion stimulus policy, the international cotton price rose sharply. Stimulated by foreign cotton, the domestic market rose to a three-year high after the Spring Festival. After the Spring Festival, textile enterprises started earlier, the operating rate was relatively high, and the demand for orders accelerated, promoting a new round of replenishment. At the same time, the prices of many textile raw materials such as polyester, nylon and spandex in the domestic market increased significantly at the beginning of the year, which contributed to the rise of cotton prices. While the market of textile raw materials, including cotton, is rising, the pressure on downstream enterprises is increasing, and the production, order arrangement and profits of textile enterprises are greatly affected. The willingness of downstream textile enterprises to replenish high priced raw materials is reduced, and the spot market of cotton is falling. Influenced by macro factors, cotton futures fell sharply. In the high-level dialogue between China and the United States in late March, there were great differences in negotiations. Coupled with the strengthening of the US dollar, the European epidemic rebounded again, H & M stopped Xinjiang cotton and other negative news, the domestic cotton price decreased significantly, the market wait-and-see mood was strong, and the follow-up of new textile orders downstream was weak. Second quarter: in April, the storm of Xinjiang cotton gradually subsided, the cotton price stabilized after a round of decline, and ushered in a small rise after the Qingming holiday. Macroscopically, the economic data in the first quarter were boosted, market confidence was restored, and the expectation of order return in Southeast Asia was enhanced. After the second half of April, the current cotton futures market rose significantly. The news of additional quota issuance at the end of the month was implemented, which is conducive to textile and garment foreign trade companies to receive orders, reduce raw material procurement costs and improve product competitiveness. The cotton market rose in early May, while Zheng cotton rose with bulk commodities. In the middle of the year, the state repeatedly reminded the risk of rapid rise in commodity prices and made arrangements to ensure supply and stabilize prices. The domestic cotton price rose and fell with the rise of the commodity market, and the market remained weak and downward by the end of the month. At the beginning of June, the spot trading volume of lint increased, and the domestic cotton price experienced a technical rebound after a period of decline. In terms of futures, driven by the accelerated economic recovery of China, Europe and the United States and the continued strong economic stimulus of the U.S. government, Zheng Mian rose with the foreign cotton, breaking through the 17000 yuan / ton mark, a new high since the epidemic. At the end of June, the cotton textile industry entered the traditional off-season, and the overall orders of the industry slowed down compared with previous months. From January to June, the yarn output was 13.558 million tons, with a year-on-year increase of 17.8%. Under the condition of high spinning profi

China exhibition:the 127th Canton Fair was held online in the middle and late June

Premier Li Keqiang presided over the executive meeting of the State Council on April 7, and launched a series of measures such as the establishment of a comprehensive cross-border e-commerce pilot area, support for processing trade, and the holding of the Canton Fair Online. He actively responded to the impact of the epidemic and made efforts to stabilize the basic board of foreign trade and foreign investment. He decided to continue to implement some tax support policies for Inclusive Finance and small loan companies.