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Chemical Fiber Industry Performance Is Weak &Nbsp; Capacity Supply To Suppress Profit Recovery

2010/9/17 15:45:00 48

Chemical Fiber Industry

  

Chemical fiber industry

Yesterday's opening performance was weak, almost all the way down.

Guotai Junan issued a research report today, though

Textile downstream

Demand growth has pushed up the price recovery of some chemical fiber products, but the pressure of production capacity supply is larger, and the profit of development has been rising.


At present, Australia and foreign technology fell 3.63%, Halliday, Sinoma technology, Jilin chemical fiber, Huaxi Village fell more than 2%, Xinxiang chemical fiber, Shenma shares fell more than 1%.


  

Guotai Junan

It is pointed out that although the price of viscose staple fiber has increased demand, but the rising space will be suppressed by adequate supply, and viscose staple fiber has picked up, but at the current price level, the industry is still in a state of loss. In addition, in July, prices continued to decline and raw material prices were strong. In the three quarter, the profitability of viscose staple fiber was difficult to improve.

Moreover, Spandex Enterprises are falling down because of the fall of spandex prices and the stability of raw material prices. The decline of gross profit margin of chemical fiber industry in the three quarter is inevitable.


Review:


The sixteenth China International Chemical fiber conference was held in Wujiang, Jiangsu.

More than 450 heads of industry, experts, scholars and business representatives from more than 30 countries and regions, including China, the United States, Germany, Japan, Korea and the United Kingdom, gathered in Wujiang to jointly plan for the development of the world's chemical fiber industry.

Xu Kunyuan, vice chairman of the China Textile Industry Association, deputy director of the Industrial Coordination Department of the national development and Reform Commission, He Yanli, deputy director Wang Wei of the Department of consumer goods, Ministry of industry and information technology, and other leaders attended the meeting.


The central theme of this session is "the development of the global chemical fiber industry in the post financial crisis era, and the 12th Five-Year development plan of China's chemical fiber industry". The conference focused on the trend of economic development of the chemical fiber industry in the post financial crisis era and some hot issues in the industry, and released the latest research results.


Facing the post crisis chemical fiber industry is a long way to go.


In his opening speech, Xu Kunyuan pointed out that the global financial crisis triggered by the subprime mortgage crisis in the United States has brought huge trauma to the global economy and made the global textile industry in a difficult position.

Now the global economy is slowly recovering, but it is still in an uncertain period, which is often referred to as the "Post Crisis Era".

How to develop the global textile industry in the post crisis era and how to develop the global chemical fiber industry is an important topic worthy of discussion by the industry.


Xu Kunyuan analysis said that in 2009, China's economic development showed a "V" shape and took the lead in the global financial crisis. In the first half of this year, China's GDP growth rate reached 11.1%, maintaining a good momentum of development.

In 2009, in response to a series of policies to deal with the financial crisis, China's textile and clothing exports decreased by 9.6%. But under the pull of the domestic market demand, the total output value of the national textile industry still increased by 7.9% compared with the same period last year, and the output of major products and the economic efficiency of the industry had rebounded rapidly.

Since the beginning of this year, China's textile market has continued to flourish, and the domestic sales ratio of textile products has reached 82%. Meanwhile, export has also witnessed a relatively rapid growth. China's textile industry has maintained a good development.


This year is the last year for China's textile industry to fully implement and complete the "11th Five-Year plan". It is also an important year for the study and formulation of the "12th Five-Year" plan for the textile industry.

In the next 5~10 years, China's textile industry is still the traditional pillar industry and important livelihood industry of our national economy. It is also an industry with obvious international competitive advantages.

Chemical fiber is the main raw material of the textile industry.

In 2009, the global fiber consumption amounted to 70 million 520 thousand tons (excluding about 5000000 tons of hemp fiber and so on), chemical fiber was 44 million 130 thousand tons, and global chemical fiber accounted for 62.5% of the total textile fiber. China's textile raw materials, chemical fiber has exceeded 70%.

The development level of the global fiber industry will directly affect the extensive application of industrial textiles and the increase of clothing consumption level.


Xu Kunyuan pointed out: in order to eliminate the negative impact of the global financial crisis, the input of global industries to innovation will increase significantly. In the future, the new technological revolution centered on new energy, new materials, information and biotechnology will lead the human society into a new era of green, intelligent and sustainable development.

At the same time, the trend of economic globalization is irreversible. International division of labor and cooperation will be further strengthened, and the convergence and common development of industry and market will be further accelerated.

Under such a big background, our chemical fiber enterprises should further change their management concepts and business models, enhance their capability of independent innovation, vigorously develop new high-tech fibers, functional differential fibers and green environmental friendly fibers, vigorously develop and popularize new technologies, new technologies and new equipment for energy conservation and emission reduction, further eliminate backward production capacity, and vigorously strengthen cooperation and development with downstream application fields, so as to form competitive advantages of industrial chain matching and enhance market competitiveness.


The forum is rich and full of discussion on the development of chemical fiber industry.


The two day conference is divided into four forums, namely, a comprehensive development forum, three topics Forum: biomass fiber and biochemical materials, new fiber materials and textiles, and functional, differential fiber and low carbon and sustainable development.


At the development forum, Zheng Zhiyi, President of China Chemical Fiber Industry Association, first made a keynote speech entitled "technological innovation is the lighthouse guiding the development of China's chemical fiber industry" in 12th Five-Year.

In his report, he pointed out that, despite the impact of the international financial crisis, the economy of the chemical fiber industry has bottomed out in 2009, taking the lead in recovery and achieved better results. The first half of 2010 showed a good momentum.


The report points out that technological innovation has led the development of China's chemical fiber industry for decades, and the chemical fiber industry has profoundly realized this in its own development.

Zheng Zhiyi especially stressed that China's chemical fiber industry came out of the crisis with excellent results, relying on scientific and technological innovation.

Moreover, it is precisely the quality assets formed by technological innovation that have successfully resisted the impact of the world financial crisis and become the supporting force for the industry to "take the lead" and "take the lead in recovery".


Zheng Zhiyi pointed out that the guiding ideology of "12th Five-Year" development of China's chemical fiber industry is independent innovation and quickening the pformation of development mode.

At present, China's chemical fiber production has accounted for 52% of the world's total chemical fiber. Chemical fiber has become an important production and living material for human social activities. The Chinese chemical fiber people have the responsibility and obligation to accelerate the pformation of the way and direction.

The pformation of the mode is from resource dependence, investment driven to innovation driven. The direction change is to accelerate the direction of resource saving, environmental friendliness, harmony between man and nature, and ultimately achieve sustainable development.

During the "12th Five-Year" period, accelerating the independent innovation and changing the way of development is the main task of development, and its material basis is still "knowledge" and "technology".

The report focuses on the four directions of the 12th Five-Year development of China's chemical fiber industry: scale, differentiation, new materials, biomass fiber and biochemical raw materials, and discusses in detail the technological basis and specific tasks to support these four development directions.

The report has a clear view, detailed data, thorough analysis and powerful demonstration. It has been fully affirmed and highly appraised by representatives from home and abroad.


The meeting specially invited the research fellow of the Institute of industrial economics of the Chinese Academy of Social Sciences and Professor Li Haijian, vice president and editor in chief of the industrial economy magazine.

Li Haijian focused on the analysis of China's macroeconomic situation, especially the industrial economic situation, and put forward the ten major trends and trends of China's economic development at present and in the future.


Subsequently, leaders from the European Union, India, Japan, South Korea, Indonesia and other countries and regions in Taiwan, China, introduced the operation and development of each chemical fiber industry in the post crisis era, exchanged successful experiences in coping with the crisis, and jointly looked forward to the future development prospects of the world's chemical fiber industry.


Unlike previous years, this year's development forum has also set up an interactive forum on innovation and development.

The forum specially invited He Yanli, Wang Wei and famous experts, scholars and entrepreneurs from domestic industry as guests. They held a warm interaction with participants' representatives around the current industry's hot spots and industrial policies.

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