Recently, China's chemical fiber product prices continued to slump. The industry believes that the future of China's fiber processing volume growth will remain above the global average, but the growth rate will be due to technical reasons, and with the restructuring of the global division of labor and the Chinese economy slow down and there was a substantial decline .

According to the National Bureau of Statistics, the first two quarters of this year, China's chemical fiber filament weaving industry, the main business income of VND 42.345 billion yuan, an increase of 7.27 percentage points slower growth. Cumulative total profit of 1.766 billion yuan, an increase of 19.29%, but operating profit increased by only 4.84%, chemical fiber enterprises for the production itself, the profit growth is not high.

According to the statistics of each industry cluster area, recently, shengze, Changxing, Xiuzhou, Lake, Siyang synthetic filament weaving together the five main business revenue fell 3.79%, gross profit fell 25.79 percent, compared with before the decline expand 17.35 percent, business difficulties increased.

That, at present, China's chemical fiber production capacity is still in the growth phase of inertia. Related statistics show that in the first half of polyester production capacity of 2.62 million tons; in the second half, plans to put into the project as well as more than 200 Polyester tons, but according to market conditions, some devices may be postponed to 2015 and put into production, the actual production may be less than 2 million tons. Subject to market appetite and capacity for growth inertia effects, the main sub-sectors underemployment, polyester filament early operating rate to 50% or less. With the restoration of downstream demand, in late April to early May the average operating rate reached more than 80%; spandex industry continued to maintain a high load operation, viscose filament yarn and viscose staple fiber capacity utilization rates substantially in the vicinity of 80% polyester staple fiber and nylon industry is relatively poor.

In addition, recently, China's chemical fiber filament fabric domestic prices continued to slump in May reached its lowest point. Compared with the first quarter, the market's lack of confidence seven or eight months off-season arrival, July sentiment index slipped further. Because the downstream sales are sluggish, companies can only cut to limit production. It is reported that, as of June of each industry cluster companies operating less than 70%, by the off-season in July operating rate is further reduced.

China Chemical Fiber Association end Xiaoping pointed out that in the past 20 years, the world's fiber processing a 3.02% average annual growth, China's annual growth of 9.28 percent, chemical fibers with an average annual growth of 11.96%, much higher than the global. With the world economic growth and per capita fiber consumption increases, global fiber processing volume still further growth is expected to average annual growth rate of 2.8% - 3.0% increments mostly from fiber; China's growth rate will remain high the global average, but the growth rate will be due to technical reasons, and with the restructuring of the global division of labor and the Chinese economy slow down and there was a substantial decline. "The outlook chemical fiber industry is not so pessimistic, due to the global division of labor adjustment, China deceleration foregone conclusion, Chinese entrepreneurs are forced to consider the global layout on chemical fiber industry, the future of the global increment can be Chinese people do, but may not be made ​​in China. "

End Xiaoping said that China without adding new devices in the next three years, relying solely on the construction of the device and increase the utilization rate of existing installations, will be able to meet the 5.5 percent growth in demand, and this figure is that the significance of the global fiber: to China Chemical Fiber occupy the status of the world's 68% share, 5.5% of the growth of China's chemical fiber plane engine, which can pull the global chemical fiber 3.7% growth.