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    Can Textile And Machinery Exports Increase Significantly?

    2010/8/13 21:16:00 65

    Export Of Textile Machinery

      

    Statistics from the General Administration of Customs show that exports of textile and machinery industry increased substantially in the first 7 months.

    In the face of the complex global economic situation, can the growth of export growth in the second half of this year maintain a substantial growth? Most of the enterprises interviewed are cautious.

    In addition, analysts expect that the export growth of the petrochemical industry in the second half of this year is likely to have a significant slowdown.


      

    Spin

    Before and after the overall trend


    Zhang Meng, a representative of securities affairs of stock exchange, told reporters that "the export situation of the company in the first half of this year is relatively good, and exports to Europe and the United States have increased by about 30%-40%. The export business to Japan has been relatively stable, but it has also increased by about 5%."

    According to Zhang Meng, the reason for the growth is due to the low base in 2009, and the signs of recovery in foreign economies, which made the growth in the first half of the year.


    For the second half of the export, Zhang Meng said that the current three quarter orders are no problem, but because of the main raw materials.

    cotton

    The price has always been high and the price of the order is higher.

    At the end of the three quarter, the export situation in the second half of this year will be clearer. As the cost of raw materials increases, the price of products will also rise.


    The proportion of textile exports of Fu Shi shares accounts for about 64% of its revenues, and the situation of Fu Tian shares represents the status of most textile exporting enterprises.

    In the first half of this year, due to the recovery of demand for foreign textile and clothing, coupled with a lower base last year, the total export of textile and garment industry increased significantly.


    The latest customs data show that in the first 7 months of this year, China's textile and apparel exports totaled 109 billion 667 million US dollars, up 22.95% from the same period last year, and the growth rate was 0.91 percentage points higher than that in the first half of this year.

    Among them, textile exports amounted to 42 billion 839 million US dollars, an increase of 32.76% over the same period, and clothing exports of US $66 billion 827 million, an increase of 17.40% over the same period last year.

    In July, exports of textiles and garments were 20 billion 795 million US dollars in the single month, the highest monthly export volume this year, with an increase of 11.41% over the past fourth months.

    However, for the export situation in the second half of this year, the industry is also cautious. It is believed that the export growth of the domestic textile and garment industry in the three quarter will still be guaranteed, but the export growth rate in the four quarter is expected to decline. The overall trend of textile and garment exports should be higher and lower.


    In addition to foreign countries

    Economic recovery

    The increase of uncertainty will bring risks to the industry's exports. At present, the fluctuation of raw material prices is obvious, labor costs continue to rise, and the appreciation of the renminbi is expected to continue to squeeze export enterprises' growth and profitability.


    Machinery and equipment: complicated situation


    In export commodities, mechanical and electrical products are the main characters.

    According to customs statistics, in the first 7 months of this year, China's mechanical and electrical products exported 500 billion 690 million US dollars, an increase of 36.2%, higher than the total export growth rate of 0.6 percentage points in the same period, accounting for 58.9% of the total export value of China in the same period.

    The export of machinery and equipment was 169 billion 670 million US dollars, an increase of 36.6%.


    Zhang Mengqing, director of Anhui Heli, told reporters that "the export growth of the company in the first half of this year will exceed the average level of the industry."

    He said that in the first quarter, the export growth of Anhui Heli has reached 60%, and the export growth in the first half of the year is expected to exceed the first quarter.


    Xugong machinery interim report also pointed out that in the first half of the year, the company achieved export sales of 1 billion 620 million yuan, an increase of 32.39% over the previous year, accounting for 12% of the total revenue in the first half of the year.


    However, two enterprises interviewed by reporters said that "the export situation in the second half of this year is very complicated."


    At present, the export direction of machinery and equipment is emerging economies and resource countries. Analysts have pointed out that, due to the uncertainties of foreign economic recovery and the rebound of the US dollar, the demand for machinery and equipment in the second half of this year is at risk of tightening.

    At the same time, the overanticipated demand in the first half of the year is partly overdrawn, and the export growth of machinery and equipment in the second half of this year will be slower than the first half.


    Petro: or slowed down sharply


    For the petrochemical industry in the second half of the export situation, the industry is not optimistic.

    Li Yongwu, President of the Petrochemical Association, believes that the abolition of export tax rebate policy will have a greater impact on rubber, pesticides and inorganic salt industries, and the substantive impact will be reflected in the second half.

    Zhu believes that the export environment in the second half of this year is unlikely to be improved. The world market is likely to pick up more slowly than expected. In addition, some industries in China cancel the export tax rebate, so the export growth in the second half of this year is likely to slow down considerably.

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