The hottest silk weaving enterprises with low-spee

Filament weaving: low growth throughout the year, positive enterprise innovation

in 2015, the global economy continued to grow at a low rate, international trade declined, and the U.S. economic recovery momentum was insufficient. Affected by this, China's GDP growth rate fell to 6.9%, a 25 year low. Factors such as weak domestic market demand and reduced demographic dividends have increased the downward pressure on the economy. In this environment, China's textile economy grows slowly. Nevertheless, the filament weaving industry has basically realized the stable operation of the economy throughout the year by optimizing the product structure, promoting technological progress and encouraging enterprises to actively innovate

low economic growth in the industry

stable production

according to the statistics of China filament weaving Association, the total output of China's chemical fiber filament fabrics in 2015 was 43.3 billion meters, an increase of 1.88% year-on-year. According to the statistics of various cluster regions, in 2015, the cumulative output of chemical fiber filament fabrics in Shengze, Changxing, Xiuzhou, Longhu, Siyang, Pingwang and Keqiao was 30.981 billion meters, with a year-on-year increase of 1.78%

low growth in revenue and profit

since the third quarter, the main economic indicators of China's chemical fiber weaving and printing and dyeing fine processing industry reached a trough in the second quarter and began to rise in the third quarter. As can be seen from the figure below, compared with the same period last year, the main business income and total profit of China's chemical fiber weaving and printing and dyeing fine processing industry fell significantly in the first half of the year. With the slight recovery of market sales since July, the revenue growth rate continued to fall in November, and the profit growth rate increased slightly; The growth rate of the three fees continued to decline, and the profit margin maintained low growth

according to the statistics of the National Bureau of statistics, from January to November 2015, the main business income of Enterprises above Designated Size in China's chemical fiber weaving and printing and dyeing fine processing industry was 111.296 billion yuan, with a year-on-year increase of 1.85%, and the growth rate decreased by 2.71 percentage points over the same period last year; The total profit amounted to 5.77 billion yuan, an increase of 8.02% year-on-year; The growth rate decreased by 1.26 percentage points compared with the same period last year, and the operating profit increased by 3.53% year-on-year, and the growth rate decreased by 6.02 percentage points compared with the same period last year

according to the statistics of the National Bureau of statistics, from January to November 2015, the profit margin of China's chemical fiber weaving and dyeing and finishing industries above designated size was 5.18%; In addition, according to the statistics of various industrial clusters, in 2015, the profit margin of the chemical fiber filament weaving industry in Shengze, Changxing, Xiuzhou, Longhu, Siyang, Pingwang and Keqiao was 4.06%, a year-on-year decrease of 0.06 percentage points

inventory pressure does not decrease

according to the data of the National Bureau of statistics, as of November 2015, the finished product inventory of China's chemical fiber filament weaving enterprises was 7.755 billion yuan, an increase of 1.77% year-on-year. Since 2015, the inventory of finished products in China's chemical fiber filament weaving and printing and dyeing fine processing industry has tried to make up for it with 3D printing. Although there has been no significant growth, the cumulative inventory base in the first two years is large, and the inventory pressure remains unabated

operating difficulties of loss making enterprises

according to the statistics of the National Bureau of statistics, from January to November 2015, the cumulative loss of loss making enterprises in China's chemical fiber filament weaving industry was 342.74 million yuan, an increase of 24.31% year-on-year, and the loss area reached 13.48%, 0.13 percentage points smaller than the same period last year; The average cumulative loss of a single loss making enterprise was 2.3002 million yuan, an increase of 2.27% year-on-year, making it more difficult for loss making enterprises

at the same time, the cumulative loss of loss making enterprises in China's chemical fiber filament fabric dyeing and finishing industry was 59.08 million yuan, a year-on-year decrease of 35.51%, and the loss area reached 12.8%, an increase of 0.64 percentage points over the same period last year; The average cumulative loss of a single loss making enterprise was 2.8132 million yuan, a year-on-year decrease of 47.20%

poor investment enthusiasm

by the end of November 2015, China's chemical fiber filament weaving industry had actually completed an investment of 30.574 billion yuan, a year-on-year decrease of 12.67%. The number of construction projects decreased by 23.57% year-on-year, and the number of new projects decreased by 24% year-on-year. Affected by the downward pressure of the economy, chemical fiber weaving enterprises are not active in new investment projects, which are limited to equipment replacement and transformation

the export market is sluggish

the export of chemical fiber filament fabrics increased negatively

in the first half of 2015, the export growth rate of China's chemical fiber filament fabrics continued to decline, and the annual export growth rate was lower than that in 2014. According to customs statistics, from January to November 2015, China's textile exports totaled US $30.71 billion, an increase of 1.07% year-on-year; The cumulative export of filament fabrics was US $9.622 billion, a year-on-year decrease of 0.45%. From January to November 2015, the cumulative export volume of China's chemical fiber filament fabrics was 10.521 billion meters, with a year-on-year increase of 1.41%. The export volume had little change compared with the same period of the previous year. The decline in export volume was mainly due to the decline in export prices

the export price of filament fabrics fell

according to customs statistics, in 2015, China's textile fabrics exported 24.734 billion meters, an increase of 1.45% year-on-year; The average export price was US $1/m, a year-on-year decrease of 2.91%. The export price of China's chemical fiber filament fabrics fell. On the one hand, the oil price fell, which led to the decline in the price of raw materials, which affected the price of chemical fiber filament fabrics and the expected market price. The fracture toughness test of ceramic materials: Yes; On the other hand, the corresponding textile prices in other countries in Southeast Asia are low, driving down China's export prices

from the perspective of specific products, from January to November 2015, the cumulative export of polyester filament fabrics in China was 9.145 billion meters, with a year-on-year increase of 0.72%, the growth rate decreased by 5.85 percentage points over the same period last year, and the price decreased by 2.91% year-on-year; The export of nylon filament fabric maintained growth, with an export volume of 301 million meters, a year-on-year increase of 31.37%, an increase of 23.78 percentage points over the same period last year, and the average price was $1.26/m, a year-on-year decrease of 6.67%. In recent years, due to the continuous maturity of the weaving technology of nylon filament fabrics in China, the export of nylon filament fabrics has a good growth momentum, which has driven the export of filament fabrics

major international trading regions are stable

from the perspective of major trading regions, the main export markets of China's chemical fiber filament fabrics were relatively stable from January to November 2015. Affected by prices, the growth rate of exports to the EU slowed down, with a year-on-year increase of 0.88% and a year-on-year decrease of 1.61% in prices; Affected by orders, transportation cycle and other factors, the volume and price of exports to Brazil and Russia fell, and exports to Brazil continued to be depressed, with the export amount falling by 54.85% year-on-year; The cumulative amount of Vietnam's exports increased by 61.4% year-on-year. In the future, affected by the TPP agreement, Vietnam may gradually seize the share of China's textile exports. At the same time, a large number of foreign-funded enterprises have established factories in Vietnam, and Vietnam's textile enterprises are more self-sufficient and less dependent on imports, which will have a great impact on China's textile industry

the U.S. economy improved and recovered in 2015, which led to the export of Chinese textiles and clothing to the United States. According to the statistics of the Chinese customs, China's textile and clothing exports to the United States in August amounted to 45.749 billion US dollars, an increase of 6.51% year-on-year, 12.18 percentage points higher than the growth rate of the national textile and clothing exports. Among them, textile exports amounted to US $12.943 billion, a year-on-year increase of 7.14%; Clothing exports reached 32.806 billion US dollars, a year-on-year increase of 6.26%

negative growth in imports of filament fabrics

according to customs statistics, in January 2015, China's cumulative imports of textile fabrics amounted to US $3.56 billion, a year-on-year decrease of 13.14%, of which the cumulative imports of filament fabrics amounted to US $1.507 billion, a year-on-year decrease of 11.96%; The import volume of polyester filament fabrics was 688million US dollars, a year-on-year decrease of 12.03%; The import volume of nylon filament fabric was 480million US dollars, a year-on-year decrease of 10.11%. In 2015, China's filament fabric imports continued the negative growth in 2014, but the import price is still higher than the export price, indicating that imported products still have certain quality advantages

the domestic market is not optimistic

the fluctuation of raw material prices has decreased

since 2015, international oil prices have shown a sharp downward trend. The international crude oil futures price first rose to $60/barrel from $53.05/barrel at the beginning of the year, and then fell sharply in the second half of the year, finally falling to $36.6/barrel. As of January 2016, the price of international crude oil futures fell to $28.46/barrel. Oil is the main raw material of chemical fiber, and the decline of oil price directly affects the price of chemical fiber raw materials

affected by the decline of oil price, PTA price first increased from 4608.92 yuan/ton at the beginning of 2015 to 5305 yuan/ton, and quickly fell to 4050 yuan/ton in the second half of the year. It rebounded in August, but it still couldn't bear the impact of oil decline, and the final price fell to 4135 yuan/ton at the end of the year. At the same time, the global cotton supply is loose, the growth of emerging economies is weak, and the demand has not improved significantly

the price of nylon fell sharply in 2015, while the price of polyester fell slightly, but the range was relatively small. Especially in the situation of continuous decline in international crude oil prices, the price of domestic chemical fiber raw materials will continue to decline due to market expectations, which will also continue to affect the expected market price of downstream filament fabrics

the market trading volume rebounded slightly. The trading volume of the sampling quantity field in Table 4 of Oriental Silk City in 2015 fluctuated at the beginning of the year. As mentioned above, the elongation of polymer materials is much better than that of metals, fibers, wood, plates and other materials, but the rebound is small. As shown in the above figure, the market turnover in the first half of the year was good, which fell back in July and August, and rose slightly again in September, with a rise of no more than 500000 meters. The figure below shows that the prosperity index of China's chemical fiber filament fabrics correspondingly began to rise in September, but the price index is still low, the transaction price is still depressed, and the market confidence is still insufficient

the price of filament fabric is low. Filament fabrics have strong substitutability, such as cotton like, wool like, linen like filament fabrics are widely used in clothing and home textile products. Although filament fabrics have considerable competitive advantages in price, the price of filament fabrics is low due to the fluctuation of raw material prices and insufficient market demand

forecast

in 2016, the economic situation at home and abroad is not clear, the trend of international oil prices is still uncertain, the overseas transfer trend of the textile industry is increasing, and the world economic recovery is difficult. The domestic chemical fiber weaving industry is greatly affected by the price of petroleum raw materials, and the market investment will decline, so the market economy of the textile industry will not improve greatly

especially the low-speed growth of the global economy and the sluggish market demand at home and abroad have led to the sluggish import and export trade in the textile industry market. In addition, the current structural adjustment of the textile industry has prominent contradictions, the price of chemical fiber raw materials has fallen, the market price of downstream products is expected to fall, the profit of textile products has decreased, and the industrial economy will not increase too much. As a chemical fiber filament weaving enterprise, it should timely innovate and develop, adjust the product structure, improve the technical level, always pay attention to the price trend of chemical fiber raw materials, actively digest the existing finished product inventory, collect downstream market information, and speed up the market response

at the same time, with the continuous increase of environmental protection pressure in China, the cost of environmental protection has gradually increased. It is also necessary for enterprises to increase the application of new environmental protection technologies. It is hoped that enterprises can closely connect with upstream and downstream industrial chains, develop horizontally, establish an industry university research alliance platform, actively face difficulties and jointly avoid risks