Risk Analysis Of Wool Textile Industry In The First Half Of 2011

In the first half of this year, although the economic situation at home and abroad is complex and changeable, China's wool textile industry overcomes many adverse factors, and tries to digest the operation cost of enterprises, reduce losses and increase.

In 1-5 months, the 1079 main enterprises in the wool textile industry achieved 69 billion 225 million yuan of main business income, an increase of 27.16% over the same period last year. The total profit was 3 billion 271 million yuan, and the total profit increased by 792 million yuan, an increase of 31.96% over the same period last year.

At the same time, the gross domestic product proportion of wool textile industry is high, supply and demand are balanced, capital operation efficiency is stable, the quality of the economic operation of the industry is stable, and the benefit is further improved.

At the same time, the export of wool products continued to grow, and the value of export delivery by Enterprises above designated size increased by 19.72% over the same period last year.

China wool textile industry association responsible person believes that domestic sales is an important market for the future development of the wool textile industry, and will also become the main support for the development of the industry.

The upward trend of wool prices in the first half of the year is likely to continue to the second half.

The cost of raw materials is rising too fast, and enterprises must be alert to operational risks.

With the rising cost of production factors such as wool raw materials this year, problems in any part of the wool textile industry chain will affect the smooth development of the industry as a whole.

Industry is extremely sensitive to external changes.

Since the beginning of this year, the central bank has continued to increase monetary control and control liquidity and inflationary pressure by means of interest rate, differential reserve system and RMB exchange rate policy.

Therefore, this year, the wool textile enterprises will enter the business period of rising financial costs and tighter funds.

For the wool industry, since December 25th last year, tropical depression "Santa Sha" brought heavy rainfall to northeast Australia, causing the world's largest wool exporter to suffer the worst flooding in 50 years.

In February 22nd of this year, New Zealand's 6.3 largest earthquake occurred in New Zealand, the world's second largest exporter of wool. Christchurch's pport wool port was severely damaged. The wool auction was cancelled on the week of the earthquake.

The price of wool has been on the rise since the fourth quarter of last year, resulting in an increase in the cost of production.

High cost operation will become the norm of wool spinning industry.

In recent years, recruitment, employment and retention have always been problems faced by wool textile enterprises.

In spite of the annual average wages and benefits of workers

Industry analysts believe that challenges can form an overwhelming force. In the second half of the industry development process, enterprises should be urged to accelerate the pformation of growth mode, increase consumer market research, identify market positioning, develop effective marketing channels, and form a virtuous circle of production and marketing.

The wool textile industry should constantly expand the scope of resource utilization, exchange innovative experience, enhance communication between upstream and downstream enterprises and equipment manufacturing enterprises, enhance linkage effect of industrial chain research and development, and promote the industry.