Fabric Paving: New Capacity Limited Industry Enters Capacity Digestion Stage

< p > with the arrival of the traditional peak season, the spandex industry will usher in a wave of prosperity.

Benefiting from the limited new capacity and the continuing low cost of upstream raw materials, the production price of Spandex Enterprises has been restored, and the cost line has been on the line, and the "fine denier" varieties of < a href= "//www.sjfzxm.com/news/index_p.asp" > spandex "/a" are close to zero and sold out.

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< p > "although the downstream textile industry has recovered, it is only a weak recovery."

Zhejiang a spandex listed company secretaries said that in the downstream textile demand has not yet been effectively restored, the impact from the supply side capacity is particularly valuable.

"In addition to the annual traditional peak season factors, spandex boom is mainly due to the lack of new capacity shocks."

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< p > the above personages said that in the second half of 2012, the new capacity of the spandex industry was limited, the industry entered the stage of capacity digestion, and the supply and demand pattern began to improve.

Spandex production capacity increased by 7.4% in 2012, and most of them were put into operation in the first half of 2012. The growth rate of apparent consumption in the same period reached 2012 in the same period, and the new capacity of spandex in the next two years is relatively less than that in 2012.

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< p > although the main domestic spandex listed companies are kept at a very low level, there are differences in the improvement of different varieties in this field.

Among them, fine denier silk is not sold well in this busy season, but it is sold out of stock.

Therefore, a href= "//www.sjfzxm.com/news/index_f.asp" > fine denier silk < /a > varieties of higher proportion of enterprises, their performance elasticity will also be greater.

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< p > it is understood that the annual production capacity of the whole spandex industry is 450 thousand ~50 million tons, of which the fine denier yarn accounts for an average of 3.

Public information shows that for the domestic listed companies, Huafeng spandex production capacity is 57 thousand tons, and fine denier yarn ratio is 50%, and the proportion of fine denier yarn is the highest in the whole industry.

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< p > besides, the impact of raw material costs has not contributed much to the profitability of the spandex industry in addition to the impact of new capacity shocks.

The price of PTMEG (poly four methylene glycol two alcohol ether), one of its main raw materials, dropped from 30 thousand yuan per ton last year to 27 thousand yuan at present.

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< p > it is understood that China's current PTMEG production capacity of about 300 thousand tons, downstream demand of about 90% spandex.

Founder Zhang Baoping, analyst of chemical fiber industry, predicts that by 2013, PTMEG will usher in the explosion period of capacity launch, and a large number of new PTMEG expansion projects will be put into operation.

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< p > "if all the products are put into operation, the PTMEG production capacity of the upstream material of spandex will increase by 1 times."

Zhang Baoping said, "PTMEG profits will decline systematically, which is conducive to spandex production enterprises."

In addition, the price of MDI (polyurethane) on the other side of the spandex shows a stable trend, which will also benefit spandex production.

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