Ou Ruikang Releases New Annual 2011 Clothing Fiber Annual Report

In 2010, the world's textile industry experienced the most powerful growth in 25 years.

The output of natural and man-made fibers increased by 8.6%, or 6 million 400 thousand tons, to 80 million 800 thousand tons, with a per capita consumption of 11.8kg.

In recent ten years, the average annual growth rate of fiber production is 3.4%, while the annual population growth rate is 1.2%.

And when

The main man-made fibres except acrylic fiber are increased at a rate of two digits.

Polyester filament yarn even jumped to 37%, while viscose production increased to 17%.

Cotton prices continued to rise, rising to a new high of 186 cents per pound in October 21st, far exceeding the August price.

Subsequently, the price of other raw fiber materials increased rapidly.

In a sense, the lower cost fiber has the advantage of price competition.

More importantly, the world textile industry has come to the conclusion that the era of cheap cotton is coming to an end.

Cotton stocks are expected to remain below the long-term average and the outlook is worrying.

Although the acreage and output of the next quarter are expected to increase significantly, the future expansion is still limited by limiting the cotton planting area in order to protect food land and save water resources.

However, there are two kinds of fibers that have ushered in the best development opportunities - polyester and viscose fibers.

Another driving force comes from the growth of carbon fiber, though the yield is relatively small.

The output of this high-tech fiber will continue to grow by two digits in the next few years, and its innovative development trend in aircraft and automobiles may promote future demand.

For the rapid growth of market demand in the past year, the first is due to the recovery of the global economy.

Increase in income,

There is an encouraging growth in the field of textiles and its industrial applications.

But carpet business continues to be affected by the financial crisis, and its business recovery has been delayed.

However, last year, in the emerging countries, the global economic burden was still heavy due to higher inflation in food prices and energy costs.

On the one hand, it may lead to a new round of wage growth.

On the other hand, it will certainly lead to more investment in new machinery and equipment.

Facts have proved that the accumulation and pfer of cash flow has been reduced and replaced by the input of new equipment, especially the spinning and processing equipment for cotton and rayon yarns, which has exceeded the average level.

It seems more attractive to use capital and order new machines to expand the scale or modernize the production.

The global textile machinery industry has not prepared for a sudden surge of orders.

Therefore, the delayed delivery time is much longer than the usual deadline.

In the first place, getting an order became good news, which also led to the possibility of changing the direction of investment due to the urgent need for capital goods.

So far, quite a few second-hand machines have been paid attention to.

The cancellation of textile quotas triggered the first wave of second-hand equipment pactions.

In the past, machinery and equipment were imported from the west to the East. Now, extensive trade activities are concentrated in the Asian region.

The investment boom has brought market participants full confidence in the further development trend of future business.

Sustained economic growth will also increase the consumption of the textile industry in 2011.