Chemical Fiber Industry Lost 24% In The First Half Of The Year.

The China Chemical Fiber Industry Association has released the analysis report of the chemical fiber industry in the first half of the year, showing that the output and export growth rate of the chemical fiber industry has slowed down in the first half of the year, the operating rate of the industry has obviously declined, the economic efficiency of the industry has dropped sharply, and the total industry loss has reached 24.13%.

The report shows that the output of chemical fiber in 1-5 months is 10 million 40 thousand tons, up 7.4% from the same period last year, and the growth rate dropped 10.49 percentage points year-on-year.

Exports of 753 thousand tons in May, up 27.98% from the same period last year, but the growth rate dropped 20.72 percentage points over the same period last year, and the export volume increased by 36.14%, down 22.76 percentage points from the same period last year.

Among the main varieties, the fastest growth of export was acrylic fiber, which increased by nearly 3.6 times. The export growth of viscose staple fiber and viscose filament decreased month by month, viscose staple fiber increased by 2.43%, and viscose filament decreased by 37.12%, mainly due to the export rebate rate of viscose fiber and its products reduced from 11% to 5% after last July.

At the same time, the economic efficiency of chemical fiber industry has dropped sharply, and the quality of operation has decreased significantly.

The total profit of the former May was 3 billion 718 million yuan, a year-on-year decrease of 26.77%, a net decrease of 1 billion 359 million yuan, a deficit of 2 billion 23 million yuan for loss making enterprises, an increase of 1 times compared with the same period of last year, and a total loss of 24.13% in the whole industry, up 3.48 percentage points over the same period last year.

Viscose filament enterprises overall loss.

Chemical fiber industry association analysis, chemical fiber industry loss is mainly due to the slowdown in textile production growth, textile export growth decline, the demand for chemical fiber decreased obviously.

In addition, the cost of coal electricity and oil pportation and raw materials and accessories increased sharply, which increased the cost pressure of enterprises. The new production cost increased by about 4 billion yuan in the first half year of the whole industry.

The chemical fiber industry association said that it is expected that the raw materials of synthetic fiber will remain at a high level in the second half of the year, and the price of synthetic fiber products will also be high. The price of viscose fiber has been adjusted to a great extent, basically to the limit of the enterprise, and it is expected that there will be little room for reduction; the application field of viscose filament will shrink, and it is estimated that the whole year filament enterprises will be very difficult.

The output of chemical fiber in the second half of this year is slightly better than that in the first half of the year, and is expected to grow by 8% over the whole year. It is estimated that the annual export volume is nearly 2 million tons, increasing by 30% or so. It is estimated that the total profit will be 8 billion yuan in the whole year, and the quality of operation is obviously not as good as that of last year.