The Total Consumption Of Polyester Fiber In The First Half Of The Year Amounted To 16093.1 Kiloton Tons.

In the first half of 2014, domestic polyester production capacity still maintained a relatively fast growth. The new polyester production capacity was about 2 million 850 thousand tons, and the total capacity of domestic polyester reached 45 million 70 thousand tons by the end of June.

Polyester production continued to rise in the first half of the year, but the industry load dropped further, and domestic polyester fiber output increased by 8.8% over the same period last year.

The total supply of polyester fiber reached 18528.6 kiloton, an increase of 12.9% over the same period last year.

At the same time, the domestic polyester rigid demand and the export volume of polyester products continue to rise, the total consumption of polyester fiber in China reached 16093.1 kiloton, an increase of 9.1% over the same period last year.

In the annual report, in the first half of 2014, the demand for China's chemical and chemical fiber market continued to slack, thanks to the slow recovery of the global economy and the fact that China's exports were not booming and the economic restructuring was going on. The domestic polyester industry was in the deep adjustment pattern.

At the same time, due to domestic

Continuously increasing, the contradiction between supply and demand of polyester has been further highlighted, and market competition is becoming more and more serious.

In the announcement, Yizheng chemical fiber said that the company faced a very severe market environment and business situation, increased enterprise management, focused on highlighting scientific and technological innovation and marketing, vigorously reducing the pressure fee, promoting effective development, and strive to reduce losses and increase efficiency.

In terms of nylon, Yiwu huting nylon Limited by Share Ltd reported in its annual report that in the first half of the year, the company achieved operating income of 766509192.87 yuan, down 4.38% compared with the same period last year, and realized net profit of -26127882.12 yuan attributable to shareholders of listed companies, a 166.63% decline compared with the same period last year.

In the first half of 2014, due to the obvious expansion of the capacity of the nylon industry and the intensification of the market competition, the overall market of the downstream textile market was slack and the demand decreased, which led to the decline of the nylon market.

Hua Ding polyamide shows that it aims to survive in the face of adversity and aims at the needs of customers, ensuring the double stability of sales and production.

In the first half of the year, output and sales increased slightly, compared with the same period last year, but the price of products and the prices of raw materials continued to decline, and the decline in product prices was greater than the decline in the prices of raw materials, resulting in a slight reduction in the company's operating income and serious squeezing in the profit margins.

Hua Ding nylon said that during the reporting period, the annual output of 80000 tons of polyamide (polyamide) slicing project of Hangzhou hang Ding nylon Technology Co., Ltd. was successfully achieved in June 2014. In the future, the company will focus on improving the quality of nylon slicing products. The total investment of 313 million tons annual output of 20 thousand tons of differential DTY nylon filament investment project has been in the commissioning phase of the equipment, and is expected to be trial production in November 2014. The total investment of 629 million 500 thousand yuan per year is 50 thousand tons. The self financing project of differential nylon filament has been in the stage of equipment installation and commissioning. It is expected that the trial production will be made in November 2014. The total investment is 1 billion 824 million yuan, and 150 thousand tons per year. The preparatory work for the differential polyamide filament project is being carried out in an orderly way.

Viscose fiber profitability in the first half is also not ideal.

Take the Heng Tian Hai long as an example.

In the first half of 2014, the company achieved operating income of 833 million 822 thousand and 300 yuan, down 22.53% compared to the same period last year. Net profit attributable to shareholders of listed companies was 192 million 178 thousand and 500 yuan, a loss of 56 million 65 thousand and 800 yuan in the same period last year.

Heng Tian Hai Long pointed out in the announcement that the overall operation of the viscose fiber industry in the first half of the company's core business is not good.

The company said that the viscose industry continued to be sluggish in 2014. Although the viscose filament yarn experienced a sharp decline and a slight recovery process in 1~6 months, the filament price rebounded month by month, but the overall price of viscose filament and filament decreased by 11% and 14% compared with the same period last year.

In addition, the company stopped production and maintenance for some short silk production lines, and the income of short silk business decreased significantly in the first half of last year.

However, the announcement also indicated that the profit level of cord fabric and canvas business improved in the first half of last year.