Analysis And Summary Of Economic Operation Of Filament Weaving Industry In The Two Quarter

< p > in late May of this year, China's a href= "http://www.91se91.com/news/index_c.asp" > filament weaving < /a > industry also encountered sales bottlenecks while ushered in the off-season production.

Although the overall performance of the economic data is acceptable, the problems such as rapid cost growth and high inventory pressure faced by SMEs are obvious.

In June 2013, the HSBC manufacturing PMI index was initially 49.2, significantly lower than market expectations. This is also the two consecutive month's index under the ups and downs, indicating that China's manufacturing sector is now in the doldrums.

Under this situation, the filament weaving industry will inevitably get into trouble.

At the same time, a slight recovery of exports and other favorable factors become a rare bright spot.

< /p >

< p > < strong > industry operation < /strong > < /p >

< p > < strong > production increased slowly and stock continued to rise < /strong > < /p >

< p > output and output value maintained a small increase.

In the two quarter of 2013, the 4 main cluster areas of China's filament weaving were total < a href= "http://www.91se91.com/news/index_c.asp" > chemical fiber filament machine < /a > weaving output increased by 9.96% compared with the same period last year, total industrial output value increased by 4.34% compared with the same period last year, and the main business income increased by only 1.64% over the same period last year.

This shows that, compared with the same period last year, although the production situation of < a href= "http://www.91se91.com/news/" > industrial cluster < /a > basically stable, the market price environment is not ideal, and sales difficulties are encountered, and the profit space has been greatly reduced.

It should be noted that in the first half of 2012, the output of Shengze town and Longhu town were all negative growth, so the actual growth rate was lower than that of previous years.

< /p >

< p > inventory pressure continues to rise.

In early 2013, China's chemical fiber filament weaving enterprises actively went to stock and achieved some results, and finished product inventory decreased significantly in the second half of last year.

But after the Spring Festival, with the gradual recovery of production, inventory showed a significant upward trend.

According to the National Bureau of statistics, in June, China's a href= "http://www.91se91.com" > filament weaving industry < /a > finished product inventory was 5 billion 850 million yuan, which is 15.68% lower than the same period last year.

After the Dragon Boat Festival, the sales market suddenly turned cold.

It is understood that most enterprises are facing the problem of rising inventory, especially the simulation silk products are more prominent.

The average stock is in 2~3 months, and the inventory of individual enterprises has exceeded 4 months, or even half a year.

< /p >

< p > cost expenditure continues to grow.

According to the statistics of the National Bureau of statistics, the cost of China's chemical fiber weaving and processing business increased by 13.63% compared with the same period in the two quarter, and the operating expenses increased by 10.72% over the same period last year. The management expenses increased by 11.78% compared with the same period last year, and the financial expenses increased by 12.34% over the same period.

< /p >

< p > the economic situation of the industry is rather grim.

According to the statistics of National Bureau of statistics, the main business income of China's chemical fiber filament weaving industry totaled 44 billion 516 million yuan in the two quarter, an increase of 13.12% over the same period last year, and the total profit amounted to 1 billion 852 million yuan, an increase of 7.50% over the same period last year. The profit margin was 4.16%, a 0.22 percentage point lower than that of the same period last year, and the growth of various economic indicators was weak.

The deficit of deficit companies increased by 21.26% compared with the same period last year.

< /p >

< p > however, from the data of 4 major industrial cluster reports, the total profits of the 4 clusters in the first half of the year dropped by 33.51%, indicating that the economic situation of the industry is very grim.

< /p >

< p > < strong > market demand < /strong > /p >

< p > < strong > export environment is good, market confidence is less than < /strong > /p >

< p > exports recovered slightly.

In the two quarter of 2013, the total export volume of China's chemical fiber filament fabrics was 5 billion 371 million US dollars, up 12.34% over the same period last year, and the export volume was 5 billion 75 million meters, up 11.16% over the same period last year.

During the Spring Festival of February 2013, the export volume of China's a href= "http://www.91se91.com" > filament fabric < /a > decreased significantly, but the growth rate was the highest since last year.

After a slight increase in March, in April, with the slight rise of demand in the international market, the volume of exports increased significantly, with a growth rate of 60.89%.

In May, it continued to maintain a slight growth, but a slight decline occurred in June.

The actual export volume is still higher than that of cotton fabric.

< /p >

In the two quarter of 2013, the average export price of China's filament fabrics increased by 0.95% over the same period last year, rising from 1.04 US dollars / meter at the end of last year to US $1.06 / P. The price increase is mainly due to the steady increase of labor cost in China and the weakening of the price advantage.

From the main trade area, the main export markets of China's chemical fiber filament fabrics were stable in the two quarter of 2013.

Compared with the same period last year, the Iran market has more obvious recovery. The price has increased by 56.79% compared with the same period last year. The export volume is more than doubled, and the export volume has increased by nearly three times.

Iran has long been a more important trade market for China's filament fabrics, but over the past year, the market has shrunk because of international political reasons.

In the first quarter of this year, the number of exports to Malaysia increased by 59.32%. By June, the volume of exports has been growing at a high speed, with a cumulative increase of 33.59%, but the price is flat.

The number of exports to Hongkong, China, grew by -8.39% from the first quarter to 13.85%, showing a sign of a rebound in the international market.

< /p >

< p class= "MsoNormal" style= "margin: 0cm 0cm 0pt" > span lang= "EN-US" lang= "Microsoft";

< p > exports to the US < a href= "http://www.91se91.com" > chemical fiber > /a > fabric increased by 29.34% compared with the same period last year, but affected by the exchange rate, prices continued to fall.

Exports can barely sustain growth.

The number of chemical fiber fabrics exported to the EU increased by 25.92% over the same period last year, although it was lower than 75.03% in the first quarter, but the price increased by 3.08% over the same period last year.

< /p >

< p > export of individual products is positive.

In the two quarter of 2013, China's a href= "http://www.91se91.com" > polyester filament < /a > fabric exports totaled 5 billion 75 million meters, an increase of 11.16% over the same period last year. The export volume of nylon filament fabrics was 118 million meters, up 11.65% over the same period last year. Compared with the first quarter export volume decline, the international market of nylon filament fabrics has recovered slightly, and export prices have increased 10.40% over the same period, and the growth rate has been accelerated.

< /p >

< p > imports continued to decline.

In the two quarter of 2013, China's total silk fabric imports totaled 532 million meters, down 8.82% compared with the same period last year, of which nylon fabrics were 183 million meters, up by 0.08% over last year, up 0.08% from the same period last year, and the import price was 1.54 US dollars / meter, down 1.28% compared to the same period last year. Polyester fabrics were 233 million meters, down 7.32% compared to the same period, and the import price was 1.94 dollars / meter, up by 2.11% over the same period last year.

Domestic filament fabric market is still saturated, and external demand continues to decline. Polyester filament fabrics are particularly evident.

< /p >

< p > domestic prices fell slightly.

Since March, China's chemical fiber filament fabric price index has declined slightly, and the market confidence has also been low.

Since May, the domestic market economy is obviously lower than the market expectation, and the market demand has not seen any obvious improvement.

< /p >

< p > by the impact of oil prices, China's chemical fiber filament prices showed a downward trend in the first half of 2013.

The decline in raw material prices seriously affects the selling price of products and squeezing profit margins, especially for those products with long weaving period.

In addition, the impact on the actual value of inventory is also relatively large.

< /p >

< p > < strong > enterprise status < /strong > < /p >

< p > < strong > small and medium-sized enterprises increased their business difficulties < /strong > < /p >

< p > in order to find out the actual situation of enterprises, by the end of June this year, China's a href= "http://www.91se91.com" > filament weaving Association < /a > carried out research on the industrial clusters of Shengze Town, Zhejiang Changxing County and Wang Jingjing town of Jiangsu Province, and visited nearly 200 member enterprises to understand the current production situation and the difficulties faced by SMEs.

< /p >

< p > in small and medium sized enterprises visited, some small and micro enterprises without fixed customer base and without their own product development teams are facing serious difficulties.

At present, the three difficult problems, such as the tightening of the silver root, the large pressure of the stock and the difficulty of collecting accounts receivable, are forcing small and micro enterprises, and they seek to survive in the market in order to survive, and increase the intensity of the market competition in the middle and low grade products.

This vicious competition has made the price of the medium and low grade especially the main road product close to or break through the profit and loss balance line.

The rise of labor costs, the pressure of environmental protection, and the appreciation of the renminbi have led to many small and micro enterprises operating at a loss.

< /p >

< p > however, there are also some bright spots in the market.

Some enterprises that dare to take the road of differentiated development have won the recognition of the market with their unique products through actively adjusting their product structure.

Although R & D is a difficult road, in the current market situation, such persistence has brought rewards and occupied the market.

< /p >