1. The influence of “dual control” continues to spread, and a major textile and chemical province has hard-core production restrictions! (Popularity: ★★★★★★)
Recently, the National Development and Reform Commission directly named 9 provinces and regions at a regular press conference: Qinghai, The energy consumption intensity of Ningxia, Guangxi, Guangdong, Fujian, Xinjiang, Yunnan, Shaanxi, and Jiangsu in the first half of the year did not fall but increased year-on-year! In addition, the energy intensity reduction rate of 10 provinces has not met the progress requirements, and the national energy conservation situation is very serious.
Since the beginning of this year, various regions and departments have achieved certain results in actively promoting carbon peak and carbon neutrality. Recently, under the supervision of the Jiangsu Provincial Energy Conservation Supervision Center, a large number of weaving enterprises in Nantong, Jiangsu Province shut down a large number of air-jet and rapier looms. At present, the scope of supervision and inspection continues to expand in Jiangsu. As a famous textile province in my country, Jiangsu Province involves chemical fiber manufacturing, cotton spinning, wool spinning, yarn-dyed weaving, non-woven, clothing, home textiles and other industries. It will also have an impact on the entire textile industry. Continue to spread.
2. According to the Internet, Taicang chemical fiber texturing, water-jet loom and other textile enterprises have limited power supply by 40%! (Popularity: ★★★★★)
Recently, many places in Jiangsu’s textile market have faced strict policy controls, following power restrictions and production shutdowns in Nantong, Jiangyin, Changshu and other regions. Later, energy consumption control in the Taicang area also began.
It is understood that the start-up of Taicang texturing machines or the operation of texturing companies were once important representatives of retail texturing across the country. At present, there are about 3,000 texturing machines in stock in Taicang, including large and small texturing machines, of which large texturing machines are the main ones, accounting for about 15% of the country’s texturing machines; there are more than 1,000 factories with multiple production capacity configurations. Mainly in the scale of 1-3 units and 5-10 units; the factories are mainly concentrated in Huangjing Town, with nearly 1,000 factories, and some in Luhe Town and Shaxi Town. Therefore, the 40% power rationing of textile enterprises such as chemical fiber texturing and water-jet looms will have a greater impact on the national texturing market and will also have a certain impact on raw material POY.
3. Be alert: All types of commodities are “in short supply” and oil prices will be the next tipping point! (Popularity: ★★★★)
Catalyzed by the continuous expansion of vaccination coverage, global commodity demand has gradually recovered. With the exception of crude oil, demand for almost all commodities has returned to pre-epidemic levels. As commodity inventories built up during the pandemic continue to decline, markets are now increasingly vulnerable to short-term supply disruptions (such as Russian gas export disruptions) or unexpected increases in demand (such as hot weather).
Goldman Sachs believes that although demand for crude oil has not yet returned to pre-epidemic levels, crude oil prices are likely to rise sharply against the backdrop of low inventories and the upcoming heating season. . According to data released by the U.S. Energy Information Administration, the current overall U.S. crude oil inventory level is close to the average level from 2015 to 2019, and is continuing to fall. Goldman Sachs warned that rising crude oil prices could be a catalyst for investors to return to the commodities reflation trade as the northern hemisphere heads into autumn.
4. Dahongmen Clothing City, which has been open for 23 years, is going to close! (Popularity: ★★★)
The 23-year-old Dahongmen Clothing Trade City has news of store closures, attracting many citizens to go shopping. goods. The reporter visited and found that merchants in the Trade City are currently canceling contracts and renting out leases, and many stores are conducting clearance sales.
According to merchants, on September 1, they received “Instructions on Matters Concerning the Shutdown of Dahongmen Clothing Trade City”, which reminded everyone that “the contract termination date is 2021 “October 7, 2020”, cancellation procedures can be handled from September 11 to October 7, and October 8 to October 30 is the sales period provided by the market. The market will be officially closed from October 31.
5. Thunder! In the past, the textile giant was deeply mired in debt, with total liabilities of nearly 40 billion! (Popularity: ★★)
Shandong Ruyi’s performance can be described as bad. Financial reports show that as of the third quarter of 2019, Shandong Ruyi’s consolidated debt scale has reached 39.041 billion yuan, of which current liabilities exceed 21.9 billion. After Jining Urban Investment terminated the 3.5 billion yuan blood transfusion plan in June 2020, Shandong Ruyi’s predicament further intensified, and some equity funds were also frozen by the court.
In the recently disclosed 2021 semi-annual report, Shandong Ruyi’s operating income fell by 20.43% to 261 million yuan, and the parent’s net profit increased from a profit of 15.282 million yuan in the same period in 2020 to 2021. The loss was 44.754 million yuan. Gieves & Hawkes, a high-end men’s clothing brand previously controlled indirectly through Trinity Group, is on the verge of bankruptcy, and RENOWN, a Japanese clothing company acquired ten years ago, has started bankruptcy liquidation procedures.
6. Vietnam’s industrial chain is facing disruption! Southeast Asia has given up on cleaning up, and countries are unblocking one after another despite the disease (Hot ���★）
The rebound of the epidemic in Vietnam this year is obvious to all. Ho Chi Minh City, the economic center of Vietnam, announced in August that it would strive to control the epidemic by September 15. However, now that the “deadline” has arrived, the epidemic situation in Ho Chi Minh City is still severe. Although the goal has not been achieved, Ho Chi Minh City still announced that it will gradually relax control from the 16th to prepare for the unblocking.
Not only Vietnam, but almost all Southeast Asian countries clearly expressed in August and September that the difficulty of “clearing the country” and adjusting strategies may be the future way of life. the opinion of. And just in August, the International Red Cross stated that Southeast Asian countries had the highest death rate from COVID-19 in the world. Zhou Shixin, an associate researcher at the Asia-Pacific Research Center of the Shanghai Institutes for International Studies, said that under the attack of the “Delta” variant, Southeast Asian countries’ confidence in epidemic prevention has been greatly reduced, and now they all say that unblocking is a last resort. </p
