Huafeng Spandex Is Expected To Continue To Improve In The Second Half Of The Year.

< p > Huafeng spandex semi annual report shows that in the first half of the year, the company achieved operating income of 1 billion 138 million yuan, an increase of 48.97% over the same period last year, and realized a net profit of 80 million 210 thousand yuan.

The company said that in the first half of the year, the market demand exceeded expected growth, and the company maintained full load production.

The market expects that the company's performance will continue to improve in the second half of the year.

< /p >

< p > < strong > full load production gross margin increase < /strong > < /p >

In the first half of the year P, the demand and supply situation of the spandex industry changed significantly due to the increase in market demand, no new production capacity and the increase of upstream raw material supply.

In order to give full play to the advantages of production capacity, the company decided to drive production at full capacity, giving full play to the scale cost advantages brought by the new capacity, so as to reduce the overall production cost of the company.

The demand for fine denier yarn in the spandex market at home and abroad has exceeded expected growth. The company has adjusted the production line in time to achieve full load production, greatly increased the proportion of production and sales of fine denier spandex, and raised the gross gross profit margin.

< /p >

< p > it is understood that the total capacity of the company has reached 57 thousand tons since the 15 thousand tonnes of new capacity was put into operation in 2012.

Because the new capacity has adopted multi head spinning, high-speed spinning technology, new energy saving new equipment and new technology, and specializes in producing fine denier spandex, compared with the original production line of the company, its production efficiency is higher and energy consumption level is lower.

In the future, the company's capacity will increase further.

According to the company's plan, 60 thousand tons of capacity will be added in the future, divided into two phases and 30 thousand tons, respectively, and put into operation in December 2014 and August 2016 respectively.

< /p >

< p > the company said that from 2001 to 2012, the market demand of spandex increased by an average of more than 10% per year, and in the future it will still grow by 10%, which needs 4-5 tons of new spandex every year.

The popularity of spandex fiber has created a condition for its popularity. If the addition of spandex in fabric is increased from 6% to 7%, then the usage of spandex will increase by 16.7%.

< /p >

< p > < strong > is expected to continue to improve in the second half of the year < /strong > /p >

Since the three quarter of P, the price of spandex has been rising steadily, and the prices of upstream raw materials have been stable or even down. Judging from this, the performance of Huafeng spandex is expected to continue to improve.

According to the latest news, the spandex industry conference held in Shaoxing in July 30th decided that the price of spandex with 30D and 40D specifications should be raised by 2000 yuan / ton, which means spandex price will break through the mark of 40000 yuan / ton successfully.

< /p >

< p > "the traditional off-season, but the price of products continues to rise and the off-season is not bad. The more significant benefit is the large enterprises, because the sales situation of large enterprises is better, orders are abundant, the operating rate is higher, and a small part of factories are still in a state of shutdown."

The first is < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > net editor in chief Wang Qian said.

< /p >

< p > the industry believes that the spandex industry is likely to usher in the turning point of prosperity.

Supply side, the spandex industry inventory is at a low level, the new products in the next two years are relatively small. Demand side, although the domestic textile < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > industry recovery is not obvious, but the US economic recovery situation has been clear, this will stimulate the export of spandex.

< /p >

< p > it is understood that the original spandex is mainly used in traditional swimsuits, underwear and socks, etc., but since last year, the application area of spandex has been significantly expanded. For example, women's pantyhose, stockings, clothing (such as suits, trousers, jackets, shirts, etc.), down garments and diapers are also starting to use spandex. At the same time, the proportion of spandex in the original field is also continuously improving, and the demand for adding spandex in the original downstream areas is also increasing.

< /p >