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In The First Quarter, The Situation Of Filament Weaving Industry Is Lower Than Market Expectation.

2013/5/8 14:52:00 22

Textile Industry Filament Weaving Weaving Industry Weaving Market

from the market investigation and research of China's < a href= "//www.sjfzxm.com/news/index_c.asp" > filament weaving < /a >, we can see that the fundamentals of the industry are good, and more than half of the silk weaving enterprises are at a normal profit level. 
The customs data of the first two months of 2013 and the National Bureau of statistics data show that the economic operation of China's filament weaving industry has shown signs of improvement, and the pressure on inventory has begun to ease. P But the recovery of index growth can not hide the absolute number of slump. After March, domestic and international economic recovery slowed down. In April, HSBC PMI preview fell to 50.5, down 1.1 from last month's final value, much lower than market expectations, and the future trend of industry economy is not very optimistic. 
 production and operation 
 industry economy slowly rises 
 yield increased difficultly > /strong > /p >
 in the first quarter of 2013, the total output of four main cluster areas of China's filament weaving was < a href= "//www.sjfzxm.com/news/" > chemical fiber > /a > weaving machine output increased by 9.76% compared with the same period last year, the total industrial output value increased by 2.8% compared with the same period last year, and the main business income increased by 3.03% compared with the same period last year, but the profit decreased 25.43% compared with the same period last year. The growth rate of weaving and weaving production in Shengze town of Wujiang District of Suzhou city is only 1.09%, which is 11.69 percentage points lower than that of the same period last year. The output of Xiuzhou District of Jiaxing city in Zhejiang has been restored to 6.92% from last year's negative growth, and the actual output has not yet reached the same level in 2012. The output growth of Changxing County in Zhejiang was 30%, an increase of 20.13 percentage points over last year's growth rate. 
 inventory pressure has been relieved 
 according to the statistics of National Bureau of statistics, in 2013 1~2, the production and sales rate of China's above scale chemical fiber weaving processing industry was 97.19%, an increase of 1.09% over the same period last year. Sales situation has improved, to a certain extent, alleviate the inventory pressure of enterprises. In the first quarter of 2013, the production and sale rate of chemical fiber filament weaving machine in China's silk weaving cluster area was 97.83%, down 1.34% compared to the same period last year. The market is slightly warmer than expected. 
 since January this year, the finished product inventory of China's chemical fiber filament weaving industry has been significantly reduced. In March, the finished product inventory was 5 billion 615 million yuan, down from 7 billion 557 million yuan at the end of 2012, and the decline rate reached 25.70%. This is due to the fact that March is not only the peak season for home textile products such as decorating, buying curtains, bedding and so on, but also the selling peak season of < a target= "_blank" href= "//www.sjfzxm.com/" > clothing > /a > season changing, leading the upstream weaving enterprises to ease the stock pressure. On the other hand, it is also a concentrated display of the "de Stocking" action of the whole silk weaving industry since the second half of last year. But compared with the same period last year, the finished product inventory increased by 20.17% in March compared with the same period last year, and inventory pressure still exists. 
 cost expenditure increased /p >
 according to the statistics of National Bureau of statistics, in 2013 1~3, the cost of our own chemical fiber weaving and processing business increased by 9.39% compared with the same period last year, operating expenses increased by 13.85% compared to the same period last year, the management expenses increased by 11.19% compared with the same period last year, and the financial expenses increased by 12.09% over the same period. 
 trend is not clear. /p >
 according to the statistics of National Bureau of statistics, in 2013 1~3, the main business income of China's chemical fiber filament weaving industry totaled 19 billion 235 million yuan, an increase of 9.08% over the same period last year, and the total profit amounted to 725 million yuan, up 8.18% over the same period last year. The profit margin was 3.77%, 0.03 percentage points lower than that of the same period last year, and the growth of various economic indicators was slow. The deficit of deficit companies decreased by 11.84% compared with the same period last year, and the situation of corporate losses has improved. 
 taking into account the Spring Festival of 2013 is in mid February, enterprises in January dare not sign too much, and leave early. This makes the output and output growth of 1-2 months less than usual. After the Spring Festival, in order to seize the market as soon as possible, enterprises have tried hard to sign orders and increase production methods, resulting in an increase in raw material purchase and expenditure in March, but the growth of main business revenue is lagging behind. From the association's March survey and the Council's understanding, entrepreneurs still have some confidence in the operation of 2013. 
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 export market /p >
 the export environment showed signs of warming 
 chemical fiber > a href= "//www.sjfzxm.com" > filament fabric < /a > export increase /p >
 1~3 months in 2013, the cumulative export volume of China's chemical fiber filament fabrics was 2 billion 195 million US dollars, up 11.44% over the same period last year, and the export volume was 2 billion 98 million meters, up 10.98% over the same period last year. It can be clearly seen from Figure 2 that the export volume and export volume of China's chemical fiber filament fabrics have continued to grow for four consecutive years, and the amount growth is slightly larger than the volume growth rate. The price of filament fabrics has increased but not much. 
 after a year of low growth in 2012, the export volume of China's filament fabrics increased significantly in January 2013, reaching the highest level in last month's export volume. Despite the impact of the Spring Festival, the actual export volume decreased in February, but the cumulative growth rate reached 34.34%. Compared with the overall growth rate of last year, the export volume of silk fabrics showed a rapid growth in the two months 13 years ago, but the export volume in March was not ideal, and the growth rate fell down compared with the same period last year. 
The average export price of China's filament fabrics increased from $1.04 / m at the end of last year to 1.06 US dollars / month in 2013. In March, the average export price of P fell to 1.05 USD / m in March. At the beginning of the year, with the worldwide a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > demand recovery, the export price of filament fabrics increased, but from the single month price performance in March, the price dropped again, and the export price in March was only 1.02 dollars per meter. 
 nylon filament fabric export negative growth 
 2013 1~3 months, our country's < a href= "//www.sjfzxm.com" > polyester < /a > silk fabric accumulatively exported 1 billion 844 million meters, an increase of 13.28% over the same period last year, but the export volume of nylon filament fabrics was 42 million meters, a decrease of 15.73% compared with the same period last year. Compared to last year, nylon filament fabrics were still recognized by the international market, and prices continued to grow, with a year-on-year growth rate of 6.92%. However, due to limited market demand, export volume is difficult to maintain high growth. 
 the main export markets are up and down > /strong > /p >
 from the main trade area, the export situation of China's chemical fiber filament fabrics to the main trade areas in 2013 1~3 has changed considerably compared with last year. The price of exports to Pakistan grew fastest in the same period last year, reaching 18.12%, making exports to Pakistan the top ten. The number of exports to Malaysia increased by 38.09% year-on-year, and the number of exports increased by 59.32% in the first quarter of this year. 
The number of chemical filament fabrics exported to the United States increased by 38.34% over the same period last year. However, the price growth rate is still at a negative growth rate for the same period, and the price in the first quarter of 2013 decreased by 18.25% compared with the same period in the first quarter of 2013. The export volume of the EU a href= "//www.sjfzxm.com" > chemical fiber yarn < /a > fabric increased by 75.03% compared to the same period last year. Although the EU market has recovered, export prices have seen negative growth, and prices have dropped by 3.38% compared with the same period last year. 
 the imports of filament fabrics continued to decline 
 2013, 1~3 months, China's total silk fabric imports totaled 229 million meters, down 17.33% compared with the same period last year, of which nylon fabrics were 82 million meters, from positive growth last year to negative growth, down 3.91% from the same period last year, and the import price was 1.41 US dollars / meter, down 5.37% compared to the same period last year. Polyester fabrics were 102 million meters, down 10.56% from the same period last year, and the import price was 1.9 dollars / meter, an increase of 4.4% over the same period. Domestic silk fabric market is basically saturated, and external demand continues to decline. Polyester filament fabrics are particularly evident. 
 span lang= "EN-US" lang= "Microsoft";
 domestic market /p >
 price stabilization, market fluctuation /p >
 China's chemical fiber filament fabric price trend is stable, but in March the prosperity index close to the middle value, compared with February, the rate of decline is relatively fast, and the market situation has dropped. 
In the first quarter of 2013, China's < a href= "//www.sjfzxm.com" > raw material < /a > price remained flat P. Cotton prices in the first quarter fluctuated at 19200 yuan / ton to 19375 yuan / ton, the average price was 19300 yuan / ton, and domestic cotton prices remained stable, but compared with the US cotton prices in March 15th, the highest point was 93.93 cents / pound, equivalent to about 13050 yuan / ton, and there was still a price difference of 6250 yuan / ton. The bid for cotton reserves for textile enterprises is still continuing. The expectation for the future market is still uncertain, and the price of cotton reserves is weaker than that of China's cotton price index. The prices of various textile raw materials in China are at a steady state and will not affect each other. Dacron is steadily increasing, and the price of nylon is relatively low for 12 years. But with the decline in oil prices, it is expected to have a certain impact on the price of raw materials market. 
 Outlook: 
 rise from bottom to top .
 after the experience of the market downturn last year, the market operation of the industry in the first two months of 2013 has been slightly warmer, and the entrepreneurs are ready to prepare for it. There are still many difficulties in filament yarn < a href= "//www.sjfzxm.com" > weaving industry < /a >. From the results of the questionnaire survey conducted in 2013 at the beginning of the silk weaving enterprises, the results show that: 64.71% the overall operation of the filament weaving enterprises is in good condition, and the start-up rate of the 76.47% enterprises is 90%. At present, the starting rate of Shengze's filament weaving enterprises is maintained at around 70%, mainly due to the fact that compared with small profits and quick turnover, enterprises prefer to control inventory. On the whole, after the beginning of the year, the market showed a large number of orders, the total demand has not been enlarged, and has not yet reached the best situation in recent years. However, from the perspective of the processing process, the market has already recovered and gradually passed upstream. 
 inventory, 58.82% of the finished products inventory remained at the level of about a month, and 17.65% of the enterprises were at a high level of inventory for more than two months. Inventory problem is still one of the major problems affecting the efficiency of enterprises. Most of the product prices are in a normal state, and there is a reasonable price difference with the cost. 23.53% of the enterprises are too low in product prices, even with the cost even lower than the cost, resulting in a reduction in the profitability of enterprises. At present, 58.82% of the filament weaving enterprises are in the normal profit level, the profit margin is below 4%, 29.41% are at the high profit level, and 5.88% of the enterprises appear zero profit and slight loss. The economic environment is sluggish and the downstream demand is insufficient because of a 27.03% turnout. Among them, 35.7% of enterprises export more, 64.3% of them are mainly domestic sales. 
 for the low profit problem in enterprise operation, 32.43% of enterprises reflect that the employment cost is rising too fast. Other factors that affect the operation of the industry, in addition to the rise in electricity prices, electricity consumption is still relatively tight, and other issues such as exchange rate have improved than in previous years. 
 in addition, the factors that affect the operation of enterprises include energy saving and emission reduction, and the pressure brought by financial expenses, interest expenses and other factors, occupying 21.62% and 18.92% respectively. The pressure of energy saving and emission reduction is still reflected in the pressure of electricity saving and sewage treatment. The reasons for financial expenses and interest expenses have been improved relative to the results of the market survey in July 2012, and they are in the last place. 
 > most enterprises participating in the a href= "//www.sjfzxm.com" > filament weaving < /a > industry questionnaire believe that the demand for international market and domestic market in 2013 will remain at an equilibrium level in 2012. The overall expectation for 2013 is better than 2012, but it will not be as good as 2010. It should be a slow recovery process. 
 overall analysis, if the current trend, export warming and domestic demand start, the whole industry will gradually warm up from downstream to upstream.