New Breakthroughs In The Dismal Market Of Jiangsu And Zhejiang

The market is changing. After more than ten years of development, the polyester industry in Zhejiang and Jiangsu has grown rapidly, and a number of national "leading" enterprises have gathered in these two regions. Their competitive advantages are outstanding and have strong advantages in the polyester and polyester Market in the whole country and even in the world.

In recent years, the polyester polyester industry in Fujian has been developing very well, and there are more and more leading enterprises such as 100 Hong, Jin Lun, Gao Lin and so on. However, the brutal market competition has always been "sailing against the current, not advancing or returning". In recent years, Fujian has also made unremitting efforts in expanding production capacity, product development and intelligent transformation, and the pace of these chemical fiber enterprises in Fujian has not stopped.

Forbont, the world's top buyer of reverse takeover, has been promoted to the world's largest caprolactam producer. The strategic stake in Jiangsu Haiyang chemical fiber has consolidated the leading position of the global nylon industry. It has 21 wholly-owned subsidiaries, and has pioneered the 8 industry links in the upstream and downstream industries.

In recent years, in the intense competition wave, Heng Shen holding group, as the leading chemical fiber enterprise in Fujian, has frequently "made moves" and made the best of it.

In November 19th, the Fujian Federation of industry and Commerce issued the "2019 top 100 private enterprises in Fujian" in Fuzhou. According to Xiaobian statistics, among the top 100 private enterprises in Fujian, among them, the textile industry and its upstream and downstream enterprises were the largest, 13, and the industrial chain advantage was obvious. Although the number of enterprises was flat, the total business income increased 26.4%, the average net assets profit rate increased 31.6%, and the labor productivity increased 55.2%.

2019 list of top 100 private enterprises in Fujian (textile chemical fiber part)

It is understood that in 2018, Fujian's textile industry maintained a steady and rapid growth, and the sales output value increased by 11.7% over the same period last year, of which Quanzhou grew by 14.9%, Fuzhou increased by 8.2%, and Putian increased by 20.5%. As of October 2019, the scale of the textile industry in the province exceeded 700 billion yuan, ranking fifth in the country. It has formed a complete industrial chain and industrial cluster development pattern of chemical fiber, spinning, weaving, dyeing and finishing, clothing and textile machinery.

Among them, chemical fiber production capacity of about 850 tons, ranking third in the country; cotton spinning spindles about 13 million spindles, ranking sixth in the country. Meanwhile, according to the National Bureau of statistics, 1-12 months in 2018, China's yarn production was 29 million 760 thousand tons, down 0.2% from the same period last year. According to the data, the cotton spinning industry in Fujian province has developed rapidly. In 2018, the yarn production of Fujian province surpassed Shandong and Henan for the first time, ranking first in terms of the total annual output of 5 million 692 thousand and 100 tons.

Why can Fujian win the first prize in the production of chemical fiber?

1, raw material cost end - chemical fiber output remains the top three.

Figure 12016-2019 the first 5 provinces of China's chemical fiber production

From the above picture, the first 5 provinces of China's chemical fiber production are: Zhejiang, Jiangsu, Fujian, Sichuan and Shandong. In 2018 1-12, China's chemical fiber production was 50 million 110 thousand and 900 tons, an increase of 2.75% over the same period last year.

Among them, output in Zhejiang and Jiangsu remained one or two, 22 million 823 thousand tons and 13 million 704 thousand and 700 tons respectively, while Fujian province ranked third at 6 million 948 thousand and 800 tons. The steady and healthy development of chemical fiber industry has promoted the rapid development of Fujian's yarn industry from the cost of raw materials.

2, downstream demand side - cloth output ranks first in the country.

Figure 22016-2019 provinces in the first 5 provinces

According to the above picture, the top 5 provinces of China's cloth production are: Fujian, Zhejiang, Shandong, Jiangsu and Hubei. (cloth includes cotton cloth, cotton blended fabric, purified fiber cloth, not including substitute fiber cloth and hand woven cloth. )

According to statistics, in 2018 1-12, the output of cloth in China was 65 billion 726 million meters, down 4.89% from the same period last year. The output of cloth in Fujian province was 10 billion 794 million meters, ranking first in the whole country. The output of Zhejiang province was 8 billion 10 million meters, and the output of Jiangsu province was 6 billion 940 million meters. From the three or four in 2016 and 2017 to the first place in 2018, the rapid growth of cloth industry in Fujian Province, the surge in cloth production also means that the demand for yarn increases, and indirectly promotes the rapid development of the yarn industry from the demand side.

3, the yarn industry is developing steadily, and the chemical fiber industry is growing remarkably.

Figure 32016-2019 top 5 provinces of China's yarn production

From the above picture, the first 5 provinces of China's yarn production are: Fujian, Shandong, Henan, Jiangsu and Hubei. (yarn includes cotton yarn, cotton blended yarn, purified yarn, excluding cotton yarn, substitute fiber yarn and manual spinning. )

According to statistics, in the output of 5 million 692 thousand and 100 tons, 853 thousand and 500 tons of cotton yarn, 2 million 447 thousand and 600 tons of cotton blended yarn, 2 million 391 thousand tons of chemical fiber yarn, and 85% of non pure cotton yarn. This also confirms the rapid increase of yarn production in Fujian Province in recent two years from data, that is, the rapid development of viscose, polyester and chemical fiber blended yarn in this province, and the steady growth of chemical fiber and cloth industry, which has also become a feature of Fujian yarn products.

New breakthroughs in the gloomy Market: Fujian textile and chemical fiber strive to achieve output value of 355 billion yuan in 2020.

Last year, the Fujian provincial development and Reform Commission and the provincial Commission of letters issued a notice to "build a modern industrial system to foster 100 billion industrial cluster promotion plan" (2018-2020 years), of which the textile chemical fiber industrial cluster (Fuzhou) was designated as the focus of development.

The plan points out that the industrial cluster will rely on the Fuzhou Airport Economic Zone, supporting the enterprises such as Heng Shen synthetic fiber, Jin Lun Gao fiber, Jinjiang science and technology, Jingwei new fiber, Changyuan textile and other enterprises, focusing on the development of functional differential fibers such as nylon and spandex, increasing the proportion of industrial textiles, upgrading the industrial technology level, and constructing the industrial chain of polymerization, chemical fiber, cotton spinning, warp knitting, knitting, dyeing and finishing, and garments, and creating a global competitive textile and chemical fiber production base. Strive to achieve output value of 355 billion yuan in 2020.

At present, the textile industry is in a bleak market pattern. As a large province of spinning and weaving, Fujian's PTA- polyester spinning and weaving whole industrial chain ranks among the highest in the country. A series of problems such as the development of raw material market, the demand for cloth factories and the order recovery problems should be the top priority of the industry.