Textile industry crisis and opportunity coexist
The key word of the textile industry in 2023 is "change", the international situation is changing, the economic situation is changing, and the textile industry is also changing.
Now, in 2024, the "great changes not seen in a century" are still continuing, and textile people will face new challenges in the New Year.
The printing and dyeing industry raised prices for the first time in six months
With the post-holiday textile, printing and dyeing fields ushered in the peak season of demand, dye prices continue to increase prices, from the price point of view over the past year, the second quarter of the dye price increase is universal. The demand in the downstream textile field is expected to maintain stable growth, and the printing and dyeing season is from March to May and from August to October every year. At the same time, affected by the recovery of overseas demand, the depreciation of the renminbi and other factors, the growth rate of textile and garment exports is expected to increase.
In terms of supply, the pollution pressure of the dye production process is large, and the waste includes inorganic acid, organic highly toxic substances, harmful gases, etc., and the three waste problems are prominent. Since 2016, a number of environmental protection laws have been introduced, and environmental supervision has significantly increased. The future tightening of environmental protection will be a long-term trend, and further promote the elimination of backward production capacity in the industry.
In recent years, the state has issued a number of guidelines such as dye industry planning, textile printing and dyeing industry water pollution discharge standards, and strictly control the emission of printing and dyeing pollutants, and the industry capacity has contracted. At present, the industry pattern is highly concentrated, the disperse dye market is controlled by four leading enterprises, and reactive dyes are relatively dispersed. Leading enterprises improve environmental protection measures, is expected to benefit from the supply of concentrated industries. At the same time, the leader has mastered the key technology patents of disperse dyes, and has a strong voice and pricing ability.
Fabric market
01 Jiangsu grey cloth
The current opening rate is about 90%, down from the beginning of this month. Recently, in the grey cloth orders, conventional products are general, flax products are running at high prices, and downstream procurement is bought with use. Some customers urgent orders require delivery before the year, the inventory is slightly reduced than before. The market is expected to remain mainly depressed in the near future.
02 Guangdong denim
Recently, the price of cotton is stable, pure cotton OEC10 British yarn 14800 yuan/ton. Indigo dye is slower to go, the price is about 50,000 yuan/ton. The downstream market demand is obviously insufficient, the order is less, the operating rate is not high, the speed of taking goods has slowed down significantly, and the pressure on enterprises is greater.
03 Jiangsu yarn-dyed fabric
The overall market is slowing down, the total number of enterprise orders is less than the same period last year, the foreign order has increased slightly, and the opening rate has basically maintained the previous level. Upstream raw material prices fluctuate in a narrow range, cotton yarn prices stop falling and rise, especially low and medium cotton yarn prices increased significantly, corporate fabric prices are relatively stable, and the resistance to rise is larger. Affected by raw material price fluctuations and other factors, customers place orders slowly and have a strong wait-and-see mood. It is expected that there will be no major changes in the market in the short term, and enterprises are more cautious.
Crisis and opportunity of textile industry
Textile industry crisis
1. The aggravation of overcapacity
The market is too curly, the new loom capacity is too much, and the expanding jet, knitting and other production capacity, the domestic production of a variety of cloth more than 50 billion meters a year. Capacity now far exceeds demand.
2. Cash flow impact
Consumers choose to control consumption under pessimistic economic expectations, reduce the amount of textile consumption, and the living water flowing into the source of the market is less, and there is a "money shortage" in the textile industry.
3 Pessimistic outlook for the global economy
In 2023, under the unfavorable economic environment, many developed countries rely on "living on old capital", but old capital is limited after all, once these major economies have problems, there may be a chain reaction, resulting in the formation of a global economic crisis.
Textile industry opportunities
1 Inner volume in rapid development
In the fierce competition, the textile industry technology has been rapidly iterated, and some of the company's past ills have been exposed. The market continues to survive the fittest, new products, new technologies, new concepts emerge in endlessly, and the market competitiveness of enterprises is rapidly increasing with the development of time.
2. Capture new markets
The increment of the traditional European and American markets has been very limited, and if we want to digest the excess capacity, we can only introduce "living water" and develop the vast markets in the Midwest and overseas emerging markets.
3 Grab high-end supply chains
Chinese textile people have been coveting the overseas high-end textile industry, but there has been a lack of breakthrough opportunities, but now the opportunity has come. On the one hand, China's textile industry has made great progress in both production capacity, research and development, and design capabilities.
Many problems in 2024 are the continuation of the problem in 2023, the problem is serious day by day, but the crisis is organic, the emergence of the problem will bring opportunities for development at the same time, how to seize these opportunities is the key to the breaking of the textile enterprises in the New Year.
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