Spandex Capacity Expansion Slowed Down Equipment Optimistic

< p > in order to get rid of the overall market downturn, many a href= "http://www.91se91.com/news/index_c.asp" > chemical fiber equipment < /a > production enterprises have listed overseas markets as the focus of the company's key research objectives, but the results are not satisfactory. < /p >
< p > compared with traditional filament and staple equipment, some differentiated chemical fiber production projects have not received much impact, but have also achieved some growth on the contrary. Spandex equipment is one of the highlights in the market. < /p >
< p > < strong > industry return to rationality < /strong > < /p >
< p > < strong > product price rise > /strong > /p >
< p > during the off-season of July and August, many spandex production enterprises started to load at full capacity, and some varieties even appeared in short supply. In some areas, the start up rate of downstream production enterprises such as warp knitted, lace and covered yarns reached 80%, 70% and 63% in the off-season. Spandex production enterprises in many areas have only 15 days' inventory, which is at a relatively low level in history. < /p >
What causes the rapid rise of the spandex price? < p > what many people in the industry say is that the rapid growth of the demand for spandex in 2013 is mainly due to the superposition of the double factors of medium and long term fabric consumption upgrading and short term < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > a target= "_blank" href= "_blank" > clothing > industry recovery. < /p >
< p > the deputy director of the China Textile machinery and equipment industry association, Vice Minister of technology, believes that the main reason for the rise in demand for spandex lies in the decrease of spandex prices in the past few years, the slowing down of the expansion of spandex productivity and the return of industry development to rationality. Zhao Xiangdong, vice president of China Chemical Fiber Industry Association, also expressed similar views. He thinks that the price increase of spandex this year is mainly due to the development of < a href= "http://www.91se91.com/news/" > spandex industry < /a > slower development in recent years, limited capacity expansion, and the increase in the market demand of products, resulting in an increase in market demand, resulting in low inventory and insufficient market supply. < /p >
< p > < strong > capacity expansion slowed down < /strong > < /p >
< p > < strong > equipment prospect is optimistic < /strong > < /p >
< p > in recent years, the development speed of spandex industry is obviously slowing down, which is an indisputable fact. According to the data, the capacity growth rate of spandex industry in 2010~2012 reached 17.9%, 13.8% and 14.6% respectively. As of 2012, the domestic spandex production capacity reached 521 thousand and 500 tons, while the apparent demand was only 280 thousand tons, and the nominal capacity utilization rate was only 61%. Spandex industry has experienced rapid expansion, and basically entered the stage of rest. < /p >
< p > the rising price of spandex increased the confidence of chemical fiber enterprises in expanding production line. For example, in September 2nd, the Zhejiang Huafeng spandex Limited by Share Ltd disclosed in the plan for the increase of the Huafeng spandex stock. The company intends to raise about 1 billion yuan for the annual spanning 60000 tons of differentiated spandex project. The plan shows that the total investment of the 60000 tons spandex project is 2 billion 19 million yuan. It is estimated that when the project is completed, the annual sales revenue will be about 2 billion 900 million yuan, the total annual profit will be 427 million yuan, and the profit margin will be 21.23%. Henan Xinxiang chemical fiber company plans to produce 16 thousand tons of spandex fiber this year, and completes the two phase project of "annual production of 12 thousand tons continuous polymerization differential spandex fiber project", and strive to build and put into operation in the year. < /p >
< p > < strong > market stability and recovery < /strong > < /p >
< p > < strong > opportunity or in front of sight < /strong > /p >
< p > there is a strange circle in the industry, that is, the price of products is rising, so everyone will swarm into the project, then overcapacity, and the industry will be in a downturn. Some people worry that spandex prices will soon overcapacity, the industry pointed out that the possibility of such a situation in the short term is unlikely. Because a new set of spandex production equipment, from project planning, design to commissioning, will take at least 1.5 years, even if the technical transformation project will take more than 1 years. That is to say, even if we start planning expansion projects at the beginning, we will not be able to put into production until 2015. Therefore, the demand for spandex in 2013 ~2014 will continue to grow. Overcapacity will not happen immediately, which will give the industry a buffer time of 1~2 years. This also shows that spandex prices will not fall sharply in at least 1~2 years, and equipment manufacturers will usher in a new opportunity for rapid development in 1~2 years. < /p >
< p > at the same time, reporters also found in the interview that although a href= "http://www.91se91.com" > spandex price < /a > has risen for several months, but many textile machinery production and production did not feel obvious changes in spandex equipment sales, which also corroborated the views of insiders, that is, there is no need to worry too much about the surge in capacity in the short term. For example, sales staff of Handan Textile Machinery Co., Ltd. told reporters that this year, the company has done a lot of projects on differentiated products. Spandex equipment has also been done, but so far, the market order of spandex equipment has not yet seen a significant increase. < /p >
< p > Jiangsu Tianming Machinery Group's < a href= "http://www.91se91.com" > spandex spinning > /a > complete sets of equipment, the current domestic market share is about 80%. The company's responsible person said in an interview that the market is generally relatively stable and has picked up trend. The company is optimistic about the prospect of spandex equipment in the next two years. Although the industry has not been very prosperous in the past few years, Jiangsu Tianming Machinery Group has not abandoned the intensity of technological improvement. For example, at the end of last year, the company launched the first domestic 20 cake automatic spandex winding head. The winding head further meets the production requirements of large-scale spandex spinning, has good forming of silk cake, stable rewinding ability, and has the advantages of high efficiency and energy saving. All these have added chips to the company's dominant position in the industry and laid the foundation for consolidating and expanding the market share of the company. < /p >