Development Trend Of Polyester Filament In The First Half Of The Year: Basic Balance Of Production And Marketing

Since the first half of this year,

Market: first rise and then fall.

At the beginning of this year, polyester filament follows.

At present, the production capacity of polyester industrial yarn in China is still increasing, and the increase of production capacity has a direct impact on the stability of the polyester industrial yarn market. In 2010~2012, China's polyester industrial yarn market will remain at a high speed expansion stage.

According to preliminary statistics, there will be about 420 thousand ~ 450 thousand tons / year capacity in the 2010~2012 market, and big enterprises will face great impact.

Some of the outdated enterprises will withdraw from the market due to loss, single product and lack of competitiveness.

It can be predicted that in 2010, the market competition of the ordinary high strength polyester industrial yarn, which has long been saturated, will be very fierce. The only way for the enterprises to survive is to develop more high-end and differentiated products.

Function:

1~5 months, the chemical fiber industry realized a total profit of 8 billion 66 million yuan, up by 200.07% over the same period last year, and the economic efficiency improved significantly.

The profit of polyester fiber in 1~5 month was 3 billion 645 million yuan, an increase of 186.78% over the same period, accounting for 45.19% of the whole industry. The pet loss business in 1~5 month decreased by 55.59%.

From the four major indicators of the quality of operation tracked by the industry, the solvency, profitability, operational capacity and development ability of the industry have improved significantly, especially the profit margin has increased by 1.77 points, reflecting that the technological progress of the industry and the pace of structural adjustment have accelerated significantly, and the added value of the products has increased.

Output: a substantial increase in growth rate

In 2010 1~5 chemical fiber production 11 million 994 thousand and 400 tons, an increase of 15.86% over the same period.

Among them, the production of polyester fiber was 9 million 593 thousand and 400 tons, an increase of 14.51% over the same period, and the output of polyester filament was 6 million 235 thousand and 700 tons, an increase of 15.94% over the same period last year.

Polyester filament production in May: 1 million 526 thousand and 800 tons, an increase of 15.10% over the same period last year.

The output of the 9 varieties of chemical fiber downstream is higher than that of last year, including chemical fiber yarn, cord fabric, non-woven fabric, cotton blended fabric, wool woven fabric, silk and keratin woven fabric, which exceed 15% over the same period last year.

In 2010 1~5, the production and sale rate of polyester filament products was 97.68%, which indicates that the product sales status of the industry is basically normal.

From the perspective of enterprises: the operating rate in the first half of the year has picked up, but the inventory pressure is still very large. The two quarter commencement rate is better. In the month of 7~9, enterprise maintenance and so on stopped and opened again.

In the second half of 2009, with the rapid adjustment of China's economy and the world economy, investors' enthusiasm for investment in the industry increased significantly under this situation.

1~5 chemical fiber industry actually completed investment of 10 billion 712 million yuan, an increase of 26.91% over the same period.

Polyester industry completed 2 billion 995 million yuan, a substantial increase of 34.89% over the same period last year.

Import and export: import volume increase and export recovery

Due to the improvement of the domestic textile market in the one or two quarter of 2010, the demand for chemical fiber products has increased, and the import of chemical fiber has increased by 365 thousand and 900 tons, up 10.87% over the same period last year.

Polyester filament imports 61 thousand and 600 tons, an increase of 1.91% over the same period.

From the point of view of importing countries and regions, the proportion of imports is still 58.1%, 18.4%, 4% and 2.5%, respectively, in Taiwan and Korea, Japan and Indonesia.

In 2010 1~5, the export volume of chemical fiber reached 792 thousand and 300 tons, an increase of 50.21% over the same period, and 365 thousand and 400 tons of polyester filament exports, an increase of 52.61% over the same period last year, accounting for 46.12% of the total export volume and 303 thousand and 800 tons of net exports.

In terms of raw materials, the main raw materials for synthetic fiber imports in 1~5 months amounted to 6 million 669 thousand tons, an increase of 11.62% over the same period last year, while the import average price increased by 62.46%.

Terephthalic acid imports 2 million 718 thousand and 400 tons, an increase of 4.93% over the same period, ethylene glycol up to 2 million 852 thousand and 300 tons, an increase of 18.93%, accounting for the proportion of total imports of synthetic fiber, respectively, more than 40%.

The average import price of main synthetic fiber raw materials has all risen because of the sharp rise in international crude oil prices over the same period last year.

Forecast: the market will steadily adjust.

At present, there are still some problems in the supply and price of polyester filament industry. At the same time, it is also faced with threats such as trade friction and protection. Enterprises should give full consideration to it.

In the second half of this year, the running data of polyester filament industry is expected to be as follows:

Market situation: the three quarter is stable, and the four quarter is expected to be adjusted.

Output: the growth rate of polyester production is estimated to be around 10%, and the output of polyester fiber is 23 million to 24 million tons, of which the production of polyester filament is about 15 million 500 thousand tons.

Capacity: capacity growth will continue to decline, and inferior assets will be eliminated faster.

Imports: Polyester imports continue to decline, it is expected to import 300 thousand tons, of which 160 thousand tons of polyester filament.

Export volume: the export volume of dacron is increasing, and it is expected to export 1 million 400 thousand tons, of which 900 thousand tons of polyester filament.

Economic benefits: polyester polyester industry sales revenue of 230 billion yuan; polyester polyester industry total industrial output value of 235 billion yuan; polyester polyester industry total profit of 5 billion 500 million ~60 billion yuan.

Operation quality: improvement.