Structural Overcapacity Contradictions Show That Chemical Fiber Filaments Need Pformation And Upgrading.

< p > in the "2014 annual National Symposium on chemical fiber filament fabric products development and viscose filament seminar" held in Wang Jiang Jing, Jiaxing, Zhejiang, Xu Wenying, vice president of the China Textile Industry Federation, < a href= "//www.sjfzxm.com/news/index_c.asp" > China silk weaving Association, "/a" president, said that to resolve the structural imbalance of production capacity, the most urgent task is to actively adjust the product mix and pform the development mode. "Transformation and upgrading is imminent."

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< p > 2014 1~4 month, < a href= "//www.sjfzxm.com/news/index_c.asp" > textile industry < /a > sales of 1 trillion and 954 billion yuan, an increase of 8.67%, the growth rate dropped 5.5 percentage points, profits 92 billion 150 million yuan, an increase of 11.57%, the growth rate dropped 5 percentage points.

Correspondingly, the output growth rate of all kinds of textile products, such as cotton yarn, cloth, chemical fiber and viscose fiber, has slowed down, and the growth rate of viscose fiber has decreased by 17.6 percentage points.

At the same time, the export situation is more severe. In the first quarter, exports of textiles and clothing increased by US $59 billion 880 million, an increase of 0.49%, and the growth rate dropped by 15 percentage points. In the three traditional export markets of the United States, Europe and Japan, apart from the slight improvement of EU demand and the increase of 4 percentage points, the US and Japanese markets were not ideal, the US barely increased 0.83%, the growth rate dropped 2.36 percentage points, while Japan simply dropped by 7.03 percentage points.

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In the first quarter, the retail sales of clothing sales (above quota) in the total retail sales of social consumer goods in China increased by 8 percentage points over the previous year, only 9%, and the growth rate of clothing retail sales was 3 percentage points lower than that of total retail sales of consumer goods, indicating that domestic demand is still insufficient.

On the other hand, the growth rate of investment in the first quarter is down, down 3.65 percentage points, and the growth rate of new projects is down by 23.4 percentage points.

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< p > we can see that the export situation is more severe, domestic demand is still weak, and investment growth rate continues to decline, showing that industry confidence is insufficient and investment pull effect is weakened.

The downward trend of the economy has made the textile industry profoundly realize the urgency of adjusting and upgrading.

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According to the supply capability of upstream raw material < a href= "//www.sjfzxm.com/news/index_c.asp" > PTA < /a > < p >, due to the overinvestment in previous years, with the gradual growth of production in recent years, capacity has embarked on the path of inertia growth. This year, the plan will also have about 10000000 tons of PTA production, and the contradiction between supply exceeding demand is more prominent.

At present, the price of PTA has dropped to 6100 yuan / ton, and some PTA production enterprises have suffered serious losses.

In order to save the whole industry from losses, key PTA enterprises are discussing the collective price increase of 500~600 yuan / ton, which is strongly opposed by the downstream polyester filament enterprises.

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< p > production capacity is large, independent innovation ability is weak, product added value is not high, energy consumption is high, and environmental pollution is heavy. These phenomena have existed for a long time in some enterprises of the filament weaving industry.

Nowadays, when the demand for downstream is insufficient, the price of upstream raw materials will increase, and the competition between the two sides will be hard to avoid.

"The production capacity of our filament weaving has increased by more than 20% per year over the past more than 10 years, and indeed there have been signs of overcapacity," Xu Wenying said. "Especially those companies specializing in the production of low-grade Road products have seen a serious backlog of stock. A few companies are facing the brink of survival. Such low-level redundant construction really needs urgent braking measures."

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