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Textile Industry Product Price Rises With Difficulty.

2009/3/10 0:00:00 27

It is no doubt that the selection of investment targets with more safety margins at the stage of shock adjustment of stock index is a hot topic in recent years. We believe that those industries and stocks that have started to turn warmer after the cold winter are expected to be the main direction of the next stage of market forces, such as the textile and chemical fiber board, and the performance downturn has gradually gone. In the case of multiple policy benefits, it is expected to go out of a strong trend, especially in some sectors of the industry, but some of them are low and oversold, but the performance has warmed up stocks, such as Jilin chemical fiber and so on.

      政策助力纺织行业张帆启航

The State Council passed the revitalization plan of light industry and petrochemical industry in principle, and pointed out that the government will increase support for light industry and petrochemical industry in terms of capital, taxation and trade encouragement.

We believe that restructuring the industry and revitalizing the industry is a medium and long-term task. It is difficult to achieve significant results in the short term. However, the price adjustment, off-season reserves and direct financial subsidies of chemical fiber and textile products will constitute a substantial positive effect in the short term.

Therefore, in the continuous adjustment of the market, the layout of textile and chemical fiber industry stocks, such as Jilin chemical fiber and Xinye textile, will be the best time to plan the next market hot spot ahead of schedule.

      产品提价纺织行业苦尽甘来

In the cold winter of 2008, the textile and chemical fiber industry obviously felt the warmth of the spring breeze.

With the advent of spring and the driving force of seasonal changes, the garment industry is getting warmer.

The upstream industry has warmed up, resulting in an increasing demand for downstream purchases.

With the continuous development of inventory, the start-up rate of chemical fiber manufacturers has improved.

The strong demand has also contributed to a sharp rebound in most production prices, and even some products have seen price increases.

Such as polyester fiber, driven by the rising price of raw materials PTA, the price of PET staple and filament increased by more than 10% per month.

For example, viscose fiber, viscose staple fiber, before the crazy franking makes short sticky enterprise inventory reduction.

After the Spring Festival, the short supply of raw cotton and lint was tight. The market became more and more intense. Traders were reluctant to sell. In addition, the viscose staple fiber fell sharply in the past 08 years, resulting in short sticky enterprises falling into losses, and multiple factors contributed to the rebound of viscose staple fiber prices.

After the Spring Festival, the operation rate of short sticky enterprises has been restored to over 70%. Some leading enterprises have been running at full capacity, and their stocks have been reduced to about 7 days. At present, the enthusiasm of the downstream enterprises has not been reduced, and the supply situation is in short supply. Coupled with the influence of sentiment, it is expected that the sticky short price will continue to rise in the short term, while the domestic viscose fiber production leading enterprise, Jilin chemical fiber, will definitely benefit greatly.

It is expected that the textile and chemical fiber industry will pick up gradually in 2009, and some sub sectors will gradually enter the boom stage.

And in the second half of 08 years, the huge performance losses caused by the sharp fall in products in the second half of 09 years, in the 09 quarter of the 1 quarter, with the sharp decline of upstream raw material prices and the rise of production prices, the recovery of performance has become a foregone conclusion, which has brought a strong imagination to the market. It is expected that in the shock market of the aftermarket, those plates and stocks that are basically warming up will have the characteristics of close proximity, and the textile chemical fiber plate is expected to usher in its own spring.

Jilin chemical fiber as a better asset in the industry, is expected to go out of the market.

Editor in chief: Xu Qiyun

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