Faced with industrial restructuring, labor costs, such as multiple pressures, chemical fiber textile industry is still currently adjustment based. Recently, the reporter learned from the District Council by letter, the first half of the development of chemical fiber textile industry in our region overall is good, steady sales overall are still living in the booming region.
Statistics show that from January to June, chemical fiber textile enterprises above the scale of the region's industrial output value of 62.874 billion yuan, an increase of 1.1%; sales value of 61.477 billion yuan, essentially flat with last year; export delivery value of $ 1.373 billion, up growth of 1.98%.

Sharp rebound in profits

Although sales only slightly over last year to achieve growth, but my area of chemical fiber textile industry profits showed a substantial upward trend in the first half total industry realized a total profit of 2.795 billion yuan, an increase of 28.51%. According to the analysis, which focused on the wave picked up the chemical fiber industry leading enterprises, because the part of the chemical fiber textile enterprises situation gradually improved, profitability is growing.

In fact, one of the driving forces to drive the entire industry profits rise is the region spandex industry. It is understood that due to downstream suppliers weaving industry just need to be stabilized, with the first quarter, second quarter, four spandex plant in our region to further improve sales, inventories rose only to stabilize the industry. Among them, the majority of factories 20D, 30D spandex for better shipping, inventory levels continue to remain low, an average of only 10 days or so.

If located in a zone of spandex manufacturers, domestic chemical fiber spandex fibers representative enterprises, with the first set of continuous polymerization speed spinning production line. "The enterprise with an annual capacity of nearly 30,000 tons, currently has maintained a state of booming sales, production lines running at full capacity." District by letter Bureau official said, the first half of the enterprise value, sales, profits year on year to achieve more substantial growth.

My district is one of the main production areas of the country VSF. Relative to the first quarter, the second quarter of viscose staple fiber industry has emerged signs of improvement. Especially with the advent of small traditional peak season of downstream industries, enterprises focus to cover short positions, viscose staple fiber prices have rebounded slightly, prices remained relatively stable, viscose staple fiber profitability will gradually improve.

Main differentiated products

Into Sheng Yuan Chemical Fiber Co., Ltd., all production lines are at full capacity, business-related official told reporters that the family's main company differentiated polyester filament current product sales rate of 100%. Data show that in the first half Sheng Yuan chemical sales revenue of 2.697 billion yuan, up by double-digit growth. Driven by Sheng Yuan fiber, the parent company Emori petrochemical before six months of this year revenues of 17.204 billion yuan, representing an increase of 21.74 percent over the same period last year.

Frankly, due to overcapacity and other reasons, there is still hovering at the bottom of chemical fiber industry, corporate profitability weakened, but does not prevent the industry's bullish outlook for the chemical fiber industry. For example, not long ago, Emori Sinopec Sheng Yuan fiber increase 640 million yuan, the latter registered capital of 560 million yuan from the previous jumped to 1.2 billion yuan.

District Council who by letter that, in the chemical industry, the product is basically saturated conventional background, Xiaoshan chemical fiber enterprises to achieve contrarian breakthrough, one way is to start from the sub-sectors, such as Sheng Yuan fiber as the market continues to develop more suitable differentiated products. "Through innovation, new investment projects, now has a group of chemical fiber enterprises to enter the field of differentiated products." The source said, as the industry has stabilized to pick up, the economic efficiency of enterprises will gradually increase.

For conventional products, part of my district PTA plant on the one hand limiting the production price, on the other hand change the settlement price for the cost pricing model, resulting in tight supply situation spot market, pushing up prices along the way, it also brought a wave of rebound Quotes. The industry generally believe that chemical companies in the third quarter will be further improved.