Chemical Fiber Industry Still Needs Structural Adjustment.

As of November 2015, China's domestic chemical fiber production 44 million 220 thousand tons, more than the annual output in 2014, an increase of 19.8% over the same period, a cumulative increase of 12.7%.

During the period of 12th Five-Year, the average annual growth rate of chemical fiber production was 9.2%, but the output of chemical fiber in China actually increased faster than expected. At the end of 2014, the expected growth target was achieved.

The industry believes that although the chemical fiber industry has completed the "12th Five-Year" planning target in terms of quantity, the structure of supply and demand still does not match. The rapid growth of volume and the growth of terminal demand can not be properly integrated, so the industry in the future still needs structural adjustment.

"China's chemical fiber industry" 12th Five-Year "planning goal has been completed ahead of schedule, especially in terms of volume growth indicators in advance of over two years to complete."

Liu Yang, an information analyst at JOYOU, said that as of November 2015, China's domestic chemical fiber production has reached 44 million 220 thousand tons, exceeding the annual output in 2014, an increase of 19.8% over the same period, and a cumulative increase of 12.7%.

During the "12th Five-Year plan" period, the average annual growth rate of chemical fiber production was 9.2%.

The actual growth is faster than expected, and the expected target of output growth was completed at the end of 2014.

The goal of structural optimization target adjustment "13th Five-Year plan" is to raise the differential rate of products to 65%, the effective capacity of high-performance fibers to reach 260 thousand tons, and the proportion of new products in the whole industry from 20% to 28%, and the bio base effective production capacity to 1 million 60 thousand tons.

From the above point of view, the new direction for the chemical fiber industry can be summarized as green, high performance and differential.

Under the premise of the volume increase target, the next five years' main goal of the chemical fiber industry is a qualitative leap. Therefore, at present, China should speed up the elimination of backward production capacity and diversify and diversify its competitive advantages.

Expand the share.

Adjust industry growth target "

The goal of the plan for the chemical fiber industry is to reach 55 million tons.

Compared with the output of 43 million 900 thousand tons in 2014, the growth rate of chemical fiber production will gradually decrease in the next five years plan, and it is expected to remain at the level of 3.6% annual growth.

Liu Yang said that the completion of this goal is relatively easy for the high growth chemical fiber industry during the "12th Five-Year" period.

In addition, in 13th Five-Year, the planned target of chemical fiber processing volume was set at 51 million 300 thousand tons, with an average annual growth rate of 3.4%. The planned proportion of chemical fiber accounts for 85% of the total textile fiber processing in 2020.

Judging from the growth target set by the "13th Five-Year plan" for the chemical fiber industry, there will not be too many incremental releases in the next five years, so the growth of volume will not be the main theme of the future of the chemical fiber industry.

According to Liu Yang analysis, the main products of China's chemical fiber raw materials will not be limited to conventional chemical fiber materials such as polyester, nylon, acrylic fiber and spandex in the "13th Five-Year" period, and the market share will be gradually increased, such as bamboo fiber, biological fiber and milk protein fiber.

For conventional chemical fiber raw materials, reducing the cost and optimizing the industrial structure will be the main direction of development in 13th Five-Year.

Most chemical fiber raw materials are strongly related to crude oil. Therefore, the future positioning of the chemical fiber industry must still be based on crude oil.

According to the prospect of crude oil trend in the next 5 years, it is estimated that international crude oil will be in the middle and low level before 2020.

In the chemical fiber industry, more than ninety percent of the raw materials of chemical fiber are crude oil as raw materials. Therefore, reducing the dependence on crude oil is a major goal, which is highly consistent with the "13th Five-Year" target of China's chemical fiber industry proposed this year.