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News Classification： Industry Information
Upstream and downstream Qi Li empty PTA continue to look low
Zhengzhou PTA futures fell deeper on the 19th, with the main 1201 contract closing at 8460 yuan/ton, down 140 yuan. Yesterday the domestic PTA to high open low go to the end, the overall weak pattern appears no doubt. Moody's downgraded Spain's sovereign rating from Aa2 to A1, coupled with the slowdown in China's GDP data, the macroeconomic situation remains worrying. Raw material PX fell sharply, PTA cost center of gravity moved down. Domestic and foreign demand decline, the terminal textile industry dismal operation. Macro and supply and demand side of the negative superposition forced PTA into a new round of decline, overnight crude oil fell, PTA short-term target position temporarily looked to 8000. New York Merchandiser
2013-09-17 12:30
News Classification： Industry Information
Why does the textile market not pick up?
Affected by the debt crisis in Europe and the United States, exports are not strong, and the transformation is difficult due to cost pressure. The downstream demand in the textile market is not hot and the slow destocking determines that even if there is a technical correction in individual varieties in the market, the overall situation is still not optimistic. In the third week of November, the textile market did not change much, and there was no trend of sharp rise and fall. The two main industrial chains, the cotton textile industry chain and the chemical fiber industry chain, run counter to the price trend: the cotton market fell slightly, and the chemical fiber market rose slightly, but the magnitude was not large, but the market's response was adjusted. The rise and fall of the industrial chain is basically the role of mutual transmission between products, and the root cause seems to be a withdrawal: all by downstream use.
2013-09-17 12:30
News Classification： Industry Information
Business News Agency, May 16th. This year, the "power shortage" in many places in China has advanced, and the next step will be to implement "power rationing" measures for high-power industries. Midsummer has not yet arrived, but the electricity shortage has not come yet. In the past two months, Zhejiang, Jiangsu, Anhui and other provinces have encountered off-season power shortages, and some areas have even begun to cut off power. According to Xinhua News Agency, Baosteel has been confirmed that during the peak period of electricity consumption from June to September, the power department will implement certain power restrictions on its Shanghai production base. With the advent of the off-season electricity shortage, the next high-power industry will be "limited". At present, Zhejiang, Jiangsu, Jiangxi, Hunan, Chongqing and other places have come out one after another.
2013-09-17 12:30
News Classification： Industry Information
The people's Bank of China decided today to reduce the RMB deposit reserve ratio of deposit financial institutions by 0.5 percentage points from December 5, 2011. Since the beginning of 2010, the People's Bank of China has raised the deposit reserve ratio 12 times in a row and raised interest rates five times. The overall reduction of the deposit reserve ratio of financial institutions is the first reduction in three years, which means that China's tightening monetary policy has officially shifted. After the cut, the deposit reserve ratio of China's large financial institutions will fall from an all-time high of 21.5 per cent to 21 per cent, while that of small and medium-sized financial institutions will fall to 17.5 per cent. According to the people of 79.21 trillion yuan in China at the end of October
2013-09-17 12:30
News Classification： Industry Information
The import and export situation in the first quarter of next year will be quite severe
On October 20, 2011, the spokesperson of the Ministry of Commerce of the Ministry of Commerce Shen Danyang pointed out that the current operation of my country's foreign trade is generally good, but the internal and external environment is changing, and the uncertainty and instability factors affecting the development of China's foreign trade are increasing. The situation will be quite severe. The Ministry of Commerce held a regular press conference in Beijing on October 19. The spokesperson of the Ministry of Commerce Shen Danyang pointed out that the uncertainty and instability factors affecting China's foreign trade development have increased. In the fourth quarter and next year, at least the first quarter of next year, the import and export situation will be quite severe. Shen Danyang pointed out that the current operation of China's foreign trade is generally good, but the internal and external environment is changing.
2013-09-17 12:30
News Classification： Industry Information
Under the economic downturn, the textile and garment sector has become a "safe haven" for funds"
Due to the market's concerns about the domestic economic slowdown, high inflation, local financing platforms and foreign debt crises, the-share market has fallen under pressure recently. The Shanghai Composite Index fell 2.19 per cent in July, while the Shenzhen Composite Index fell 0.99 per cent. As of August 11, the decline in the Shanghai Composite Index has widened to 5.65 per cent and the Shenzhen Composite Index has plunged 4.51 per cent, affected by the negative turmoil of Standard & Poor's downgrade of the US sovereign credit rating. In the market a pessimistic voice, the textile and garment sector rose against the trend. Benefiting from the optimistic expectation of funds for the concept of "big consumption" in the second half of the year, the textile and garment sector rose 3.42 percent in July, ranking among the major sectors.
2013-09-17 12:30
News Classification： Industry Information
Employment panic Jiangsu and Zhejiang textile industry unbearable manpower high cost
China has a 1.3 billion population, there are 0.24 billion migrant workers. In an international financial crisis in 2008, 20 million migrant workers lost their jobs and returned to their hometowns, and then the government offered 4 trillion large-scale stimulus policies. It can be seen that ensuring full employment is the core task of my country to achieve social stability. After a lapse of 4 years, the domestic macro economy is once again facing the risk of decline. As one of the troika driving the economy, exports experienced negative growth for the first time in January 2012. The leading indicator PMI has been below 50 for several consecutive months, indicating that the manufacturing industry is moving towards a downturn. In this context, the Securities Times reporter selected some labor-intensive industries to carry out first-line research.
2013-09-17 12:30
News Classification： Minglong Dynamic
The Group Held the Second Phase of the Minglong Lecture Hall
On the afternoon of September 16, the group held the second phase of Minglong lecture hall in the multimedia room on the fifth floor of the holding company. The activity was presided over by Guo Fengen, assistant to the president, and Zhu Jianhua, secretary of the party committee and president, participated in the activity with the head teacher and above to the general manager and all party members. First of all, Zhu Jianhua decided to draw lots for three personnel to give a speech on the topic. The first party building instructor Zhang Jianfang gave a speech on how the party building work can assist the development of the enterprise. Zhou Lijun, the second chief assistant of the warp knitting company, told everyone how to win the trust of customers in PPT form. The third assistant to the president, Shen Zhouhu, gave a speech on how to implement logistics management. They performed brilliantly.
2013-08-17 12:30
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