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    Textile And Garment Industry, Different Modes Of Printing And Dyeing Leading To Solve The Pressure Of Dye Price Increase

    2014/5/28 13:01:00 31

    TextileGarment IndustryPrinting And Dyeing

    < p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank".

    < /p >


    < p > 1, dye prices continue to rise.

    Since the beginning of 2013, the price of dyes in the upstream of printing and dyeing industry has increased significantly. The current market price of reactive dyes is about 55000 yuan / ton, and disperse dyes are 44000 yuan / ton, and the overall average price is 2013 higher than that of 2013.

    The main reason for the rising price of dye is the change in supply side: (1) the implementation of domestic environmental protection policy has been increasing continuously, and some small dye factories have been restricted or closed down, including the supply of dyes and related intermediates, including upstream raw materials, and acid. (2) the industry has achieved a win-win outcome in terms of reconciliation, and the supply of dyes has become more concentrated and the voice power has been enhanced.

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    < p > 2, from the dye demand downstream printing and dyeing faucet, because of its different printing and dyeing mode, the dye pressure is different, but it can still be digested as a whole.

    Specific look: (1) Mei Xinda: the company currently produces 50 million meters of printing and dyeing cloth, mainly in two production shops in Huzhou, Zhejiang, and the proportion of 20%-30% on orders is outsourced to other printing and dyeing factories around.

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    < p > production and marketing mode: procurement < a href= "http://www.91se91.com/news/index_s.asp" > cotton cloth cloth < /a > (such as Huamao stock, etc.) to printing and dyeing finishing to sell printing and dyeing cloth.

    Dyeing and finishing materials account for about 7% of the company's production cost. The proportion of dyestuffs is not high. As a result of the pformation and upgrading of the company in recent years, the product positioning is medium to high grade, and the delivery time and quality are all guaranteed. The order is full, and the upstream dye price is rising, which can be pferred to the downstream.

    In addition, suppliers of dyeing chemicals are mainly intercontinental shares.

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    < p > (2) Hua textile shares: in 2013, the printing and dyeing cloth production capacity was 220 million meters, in 2013, the actual sales volume reached 219 million 700 thousand meters, and production and sales were full.

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    < p > production and marketing mode: purchasing cotton made cloth (such as Wei Qiao, Rainbow), printing, dyeing, finishing and selling.

    The dye consumption in China has little impact on the company. The reasons are as follows: (1) the dye cost ratio is not high; in 2013, the dye accounts for 9.44% of the company's production cost; the largest proportion of the cost is grey cloth, accounting for 68.22%; second, nearly 70% of the total revenue of the company is exported; the foreign customers have higher requirements for product quality; some of the company's dyestuffs are also purchased from abroad; the price of overseas dyes is far less than that of domestic; third, the company's R & D strength is in the forefront of the industry, many products are developed jointly with downstream customers, the customers are sticky, the company is pferred downstream, and the downstream can also be accepted.

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    < p > (3) hang min shares: at present, the printing and dyeing cloth is 950 million meters in height and the product positioning is medium and high grade. In 2014, there will be two workshops with an additional capacity of 2500 to 30 million meters, with a total capacity of nearly 1 billion meters.

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    < p > production and marketing mode: the grey cloth manufacturer delivers the grey cloth to the voyage people to dye and earn the processing fee. Therefore, the dye cost accounts for about 25% of its production cost, which is higher than that of other printing and dyeing companies. The pressure of dye price increase is higher than that of Mei Xinda and Huafang shares.

    However, the company can actively resolve the pressure of dye price increase through the following measures: (1) increase the success rate of one dyeing; second, purchasing staggering peak and dispersing procurement, the company has purchased from the intercalated soil and Longsheng, but the larger proportion is purchased from the surrounding enterprises in Xiaoshan, Hangzhou.

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    < p > (4) Zhejiang rich: it has an annual output of 50 million meters of fabric dyeing and processing capacity, production and marketing mode and civil aviation shares similar.

    The company's products are mainly made of cotton. The dye cost accounts for less than 20% of the total cost of printing and dyeing. The cost ratio is also higher than that of Mei Xinda and Huafang. However, because of its high position and the world-class equipment, it can also effectively pfer to the downstream.

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    < p > 3, investment suggestion: taking into account the more stringent environmental protection, the revised environmental protection law will come into force in January 1, 2015. Pollution control achievements will also become one of the local officials' assessment indicators. The short-term supply of dyes will still be tense. In terms of downstream demand, exports will be weak and domestic demand will be weak, but the total number of textile and clothing demand will continue to grow.

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    < p > in the printing and dyeing industry, small and medium-sized printing and dyeing enterprises have been eliminated, industry concentration has been raised, and the logic of the leading orders is full. In the United States, China textile, China Textile shares, civil aviation shares and Zhejiang Fulun have already manifested that these printing and dyeing leading companies that pay attention to structural adjustment and continuously increase the added value of products can still increase the price of dyestuff dyes, and the right of printing and dyeing leading words will also gradually increase in the future.

    < /p >


    < p > > in the < a href= "http://www.91se91.com/news/index_c.asp" > printing and dyeing industry < /a > stocks, it is recommended to pay attention to the shares of civil aviation company. The company has been upgrading its structure, its orders are full, its leading advantages are continuing, its performance and management are steady and its report quality is excellent. At present, it is at a low valuation; and in the company's 2013 annual report, it will deepen cooperation with the seventh Geological Brigade of Zhejiang province to explore the acquisition of some mineral resources, and share price also has catalyst.

    < /p >

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