Special Chemical Fiber Market: blazing a little winter warmth enterprises welcome the spring News Tips: From the high point of the economy turns sharply down, chemical fiber industry, the cyclical nature of strong performance in 2008 head. Who are concerned about technology innovation and research ability of the industry, competitive enterprises, in particular emphasis on specialty fibers and industrial fiber production companies ushered in the spring. 'Even if chemical prices fall, the company maintained good profitability, mainly due to high Kevlar business profits. In addition, some of our polyurethane products or even a shortage situation.' Hearing a lot of chemical fiber enterprises restructuring, discontinued the news, the person in charge of Yantai Spandex remarks to reporters rather surprised. One side is the chemical fiber enterprises increasingly cold winter, one side is a thriving specialty chemical business warmth, a group of differential production of chemical fiber enterprises to go ushered in the rapid development of the spring. The economy is no longer sharp reversal from the high point down the economy, the cyclical nature of chemical fiber industry, strong performance in 2008 head. 'Diving with a price that is no exaggeration to describe.' States Securities analyst Zhang Bin said. Since the beginning of textile fiber market prices experienced a sharp fall, the current market price of viscose staple fiber in the 11,500 yuan / ton, viscose filament yarn at 29,400 yuan / ton, spandex at 42,000 yuan / ton, and early in January, three The market price is 22,000 yuan, respectively / ton, 34,150 yuan / ton and 67 thousand yuan / ton. Bin analysis, said the financial crisis, the entire textile environment presents a relatively slow, chemical fiber industry, the reduced demand, sales have not been opened. Near the end of the downstream manufacturers began to leave, is expected to pick up market outlook remains difficult. December 26, National Bureau of Statistics published 1 November industrial efficiency data, in which a loss of chemical fiber industry, the hardest hit. Data show that last year the chemical fiber industry maintained a rapid growth of 109.27% of the profits, but this year started from the economy turns sharply down the high points. 'Chemical fiber industry's peak business cycle from a rapid fall to the trough, its ups and downs of the show called the head of the textile industry.' Expert, said in an interview. By the financial crisis, chemical fiber raw materials and product prices fall in a black 10 months more than 30% increase in general, by the high price of raw materials inventory, production cuts and the decline in value and other factors, 4 quarter accelerated deterioration of operating conditions. According to preliminary estimates, 9 November the actual loss of 1,243 million chemical industry, the industry has been plunged into a loss situation. Experts believe that the chemical fiber industry into a downturn cycle of course can not do without rapid deterioration of the external environment impact, but their real nature is still shrinking downstream demand and over-expansion of chemical production increasingly acute contradictions between. Reporter learned that, in addition to a large number of SMEs related Tingxie Ye, the chemical giant is also the endless news bankruptcy, now more chemical fiber enterprises are in the lead industry association under the limited production or shutdown stage. December 18, more than 10 chemical giant Zhejiang in Cixi together to discuss how to respond to current industry difficulties. The final result agreed well before the Spring Festival as limited production, or about to suspend production for some time. Vista like winter, not the same expression. Decrease in the chemical fiber industry, the economy, the outlook bleak occasion, a group focused on technology innovation and research ability of the industry, competitive enterprises, especially emphasis on specialty fibers and fiber production of industrial enterprises has ushered in warm spring. Reporter learned that the price of spandex 40D, once in 2006 rose 95 thousand yuan / ton, the current 42,000 yuan / ton. Spandex prices collapsed, as the construction of China's first production line of Yantai Spandex Spandex is also spared. But fortunately, Yantai Spandex and not put all eggs in one basket, the company's other leading products --- 1313 Special Fiber successful expansion in the August 2, sell very well, enter the period of rapid growth; The gaps in the domestic industrial products Kevlar 1414 pilot was also progressing well, is expected to quantify the production of 2010, as the company's new profit growth point. It is understood that special high-tech aramid fibers, and the strong bargaining power and gross margin up to 40% or more, become Yantai Spandex main earning profits this year and for the next product. 'The current cost of spandex prices have fallen lines, even a loss, we have to stop production of two percent of the low profitability of spandex production line, and intends to temporarily resume production.' Yantai Spandex say spandex business of the company will be the next step transformation optimize the product structure spandex, consolidate and expand the variety of crude once the competitive edge to improve chlorine resistant spandex, bright spandex, spandex and other high-temperature fine denier spandex and the proportion of differentiated products, through structural adjustment to increase the overall price level of products. This winter, Harry was the production of polyester industrial yarn company because of relatively strong demand and relatively independent, the current price strength Shrinkage 14,000 yuan / ton, and last year's average price of 16,344 yuan / ton difference of only 14%. Harry was listed chemical fiber companies thus became the only company to maintain business growth, the former three-quarter revenue growth of 32%, net profit grew 29%, far higher than the chemical fiber industry average. When the rebound went through this round of the downturn cycle, the chemical fiber industry can restore the economy? 'Before stabilizing in the textile industry, chemical fiber to guess the price will rebound when there is a big risk.' Zhang Bin said, 'is a strong cyclical chemical fiber products, a wave of the future does not rule out the possibility of rising market, but reproduced 2007 difficult years of glory, after all, the textile industry's fastest growth period has ended. What's more, next year is the worst period of the textile industry, the recovery is still unknown whether the second half. ' The industry believes that chemical fiber industry downturn, mainly due to a serious shortage of downstream textile demand. Whether the recovery of textile demand next year, which is to decide when to get out the bottom of the chemical fiber industry key. 'It can be said Guo Qu few years chemical fiber homogeneity caused blind expansion of production capacity excesses and disorderly competition, yes all the problems underlying causes, and the global economic slowdown of textile demand shortage of Zhi Shi Yan Zhong accelerate the evolution of the contradiction . Therefore, chemical fiber enterprises will face the last two years low, an unprecedented 'Rush' is difficult to avoid. 'experts said. He further explained that 'Rush' in the form of corporate mergers and closures of industrial chain restructuring, change, the result is a truly integrate chemical fiber industry, reborn into a new market-oriented round of development cycles. Zhang Bin reminded that a downturn in the global economic situation and the situation, the international resurgence of protectionism is likely, Jinhou like India and Brazil against our polyester yarn, viscose staple fiber and other product's anti-dumping investigation may Hui further increased. According to industry sources, chemical fiber industry, product structure adjustment in the industry decline in the economy becomes increasingly important to enhance fiber differentiation rate, increase the added value of chemical fiber products, is to improve profitability and competitiveness of the industry an important tool. Currently, Kevlar, carbon fiber, ultra-high molecular weight polyethylene fibers, specialty fibers for industrial production, and the industry a good momentum of development of industrial wire and the recession in the effective resistance declined earnings risks, which is the main future direction of chemical fiber industry development.