Is the textile industry positive or negative?

2019-09-18 18:25

The special market around the G20 has come to an end, and the textile market can be described as negative and positive in the second half of the year. Due to the common squeeze of upstream and downstream, as well as the slump in the export market, the textile industry, which has been in an awkward position in the first half of the year, will usher in a "gold nine silver ten" harvest in the second half of the year? Or continue the "sandwich cake" embarrassment?


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Export pressure has increased, but there is still support


So far, the total export of China's textile industry has shown a negative growth trend, and in the first May of this year, the total export of China's textile and clothing fell by 2.3% year-on-year, but its decline has narrowed compared with last year and the beginning of this year. The industry expects that the pressure on China's textile exports in the second half of this year has increased, but there is still momentum to support.


Industry analysts believe that the world economic recovery has been slow this year, the recovery of external demand is still insufficient, and there are many uncertainties in the export prospects of China's textile industry. Since the second quarter of this year, affected by the depreciation of the renminbi and other factors, China's textile exports are expected to benefit in the second half of the year.


In addition, it should be noted that in recent years, the overall economy of the EU is sluggish, and the decline in exports of Chinese textiles and clothing to the EU is obvious, and in the first May of this year, Chinese textiles and clothing exports to the EU fell by nearly 4% year-on-year. In recent years, due to the active economic and trade relations between China and the UK, the proportion of Chinese textile and garment exports to the UK has increased, and the UK is the largest market for Chinese textile and garment in the EU, and it is also a relatively stable market. Although in the first May of this year, China's textile and apparel exports to the EU as a whole declined, it still maintained an increase of about 3% to the UK. However, after the UK's "Brexit" referendum, the factors of market instability have increased, which may affect the exports of Chinese textiles and clothing to the UK and the EU.




Dyeing factories in some areas have raised prices


Due to the domestic environmental protection restrictions, resulting in the price of dyes skyrocketing, soaring, the government limits discharge, must meet the standards of discharge, this dyeing and finishing industry must again invest heavily in the construction of sewage pretreatment and water reuse multi-stage treatment facilities, resulting in sewage treatment operating costs again significantly increased, workers' wages, water and electricity growth every year, Enterprises have been unable to restrain the pressure caused by the continuous rise in production costs, and can not maintain a small profit operation.


At present, many enterprises have chosen to raise prices together. It is understood that there are no less than 15 Jiaxing printing and dyeing enterprises, compared with the dyeing price in the first half of this year, conventional products rose 1000-2000 yuan/ton, an increase of about 10% to 20%, while a few varieties of prices or maintain the original price.


Not only in Jiaxing, but also in Suzhou, Shishi and Shaoxing printing and dyeing gathering areas, printing and dyeing processing fees have been raised to varying degrees since August to maintain production and operation. Many traders shake their heads and cry that they can't communicate with customers and can't accept it! Business is tough!




There are still many uncertainties regarding raw materials


In terms of polyester, the trend of the second half of the year is still difficult to judge, the polyester device stopped production in the early stage of the G20 operating rate is believed to be a new high, and the upstream and downstream supply and demand relationship, Xiabian believes that it is still the decision point of the game.


On the contrary, before the G20, the joint insurance and speculation relying on the G20 market will continue to weaken the impact on the market.


PTA, in the second half of the year, there are more devices to stop production, maintenance, I believe there will be some support, but the trend of crude oil prices is still confused, the Federal Reserve interest rate hike, OPEC meeting progress, the cost of PTA to provide how much support is still unknown.


In summary, the second half of the textile industry market is still unclear, positive and negative coexist, small partners on the second half of the market and what attitude?