Xinxiang Chemical Fiber Viscose Filament Business Will Consider Integrated Market In The Future.
Xinxiang chemical fibre Current account funds are limited and short-term liabilities are relatively high. The company said that the company could integrate the market by changing shares.
Viscose filament is the dominant product area of Xinxiang chemical fiber. The company has viscose filament production capacity of about 60 thousand tons. Domestic viscose filament production capacity is about 200000 tons, which is a small variety of chemical fiber products. Over the years, the development reality shows that the main location of viscose filament like silk market is difficult to become a large variety of chemical fiber category, and the natural growth rate is limited. Therefore, if Xinxiang chemical fiber is integrated into the market, it will help to better control the market and raise its pricing power.
The main competitors of Xinxiang chemical fiber viscose filament business are Heng Tian swan. Jilin chemical fibre And so on, Heng Tian Swan intends to close down, integrate and remove viscose filament production capacity. Viscose filament revenue accounted for nearly 50% of Xinxiang chemical fiber revenue.
Viscose filament prices dropped slightly in the first half of 2014, but due to Raw material The price dropped even more, Xinxiang chemical fiber personage said, at present, viscose filament products gross profit increased year by year. As of the end of May, the company's viscose filament semi continuous spinning product inventory of more than 3000 tons, continuous spinning product inventory of nearly 10 thousand tons. The stock of continuous spinning products is relatively high because of the backlog of small variety products in the past few years. The company's viscose filament business is currently full, and the product variety rate is over half.
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This morning, the first best financial analyst Award Forum, Zhou Haichen, executive director of the Ministry of light industry, the first Research Institute of the pharmaceutical industry research department of Shenyin World Research Institute, said that the trend of light industry from a relatively dull trend to the beginning of the year was mainly based on two major trends. First, the plate composition changed, from the previous paper industry to 50%, to the packaging and printing industry, and from the cyclical industry to the stable growth class. Two, under the background of export to domestic sales, manufacturing is the main transformation service.
Under the two major trends, Zhou Haichen is optimistic about the packaging printing industry and the household light industry based on consumption.
"Packaging and printing companies are relatively strong in upstream raw materials, but at present, the prices of raw materials in the upstream are at a low level, and the downstream prices haven't been raised very quickly, and the profit level has been improved objectively." Zhou Haichen said. In addition, the low concentration of industries and the transformation to related businesses provide space for the development of packaging and printing companies.
The market of light industry is very large, the steady growth of the whole sector and the proportion of high growing company are also increasing. Zhou Haichen said that more optimistic about ten times the growth of the market segmentation industry leading companies, such as home, jewelry category.
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