Xinjiang Textile And Apparel Industry Grew By 72.7%

It is understood that, guided by a number of fiscal and tax support policies, the textile and garment industry in Xinjiang is showing a rapid development trend, and the investment scale of textile and garment industry in the region has been expanding.

It is estimated that by 2018,

The total industrial chain will reach 420 thousand people.

Reporter from

The IRS understands that in general

In the first half of 2015, Xinjiang textile and garment industry achieved a value-added tax of 130 million yuan, an increase of 54 million 500 thousand yuan, an increase of 72.7% over the same period last year.

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The future of the chemical fiber industry can only be reduced by allowing some enterprises to go down. Although the incident of Far East Petrochemical is sad, the sacrifice of Far East Petrochemical is not a good thing for the future of the chemical fiber industry. This also means that the chemical fiber industry has begun to save itself, and has not been sitting still.

Finally, I sincerely wish the chemical fiber industry will get better and better.

PTA prices fell sharply, only in four and a half years, from 12400 yuan / ton to the lowest 4380 yuan / ton, the largest decline of 8020 yuan / ton, the price fell 2/3.

With the downward trend of PTA prices, the profits of PTA production enterprises are gradually engulfed, and even a big loss has occurred.

In such a state, PTA production enterprises are relatively limited in coping strategies, and can only passively bear the price drop, and their business goes from bad to worse.

In late July, a shocking news came from the domestic chemical fiber Market: the Far East petrochemical company applied for bankruptcy and liquidation due to its insolvency and inability to repay its due debts.

Although the author does not work in the field of chemical fiber, but also engaged in several years of chemical products research, especially in the beginning of work to study the PTA, PTA has a special feeling, so when we see the fourth domestic PTA production enterprises collapsed, especially the Far East petrochemical employees crying, there is a kind of inexplicable sentimental.

However, we must say that the collapse of Far East Petrochemical is not a good thing for the chemical fiber industry as a whole.

The collapse of Far East is caused by many factors, but the collapse of PTA price is the most important factor.

The main factors that affect the price of PTA can be attributed to cost, supply and demand.

In terms of cost, crude oil prices may remain at $50 per barrel for a long time due to the tight oil revolution.

When crude oil is too busy, don't expect it to save PTA.

Even if the price of crude oil rises, the production cost will also rise. It is uncertain whether the PTA production profit can be raised. The rise of crude oil price is not the "savior" of PTA production enterprises.

In terms of demand, although the economic recovery of the United States is good, Europe and Japan, as important exporters of Chinese clothing, are beset by debt crisis and deflation, and the domestic economy is in pition.

In terms of supply, PTA has serious excess capacity, price elasticity has declined, and the reduction of small-scale production has limited impact on PTA prices. Due to the characteristics of oligopoly in the PTA industry, as long as PTA prices rebounded slightly, the limited production alliance will collapse, so the short-term production restriction can not fundamentally change the pattern of PTA's weakness. The only way to change this pattern is to eliminate enterprises with low utilization ratio of resources or poor funds, and save enterprises with economies of scale.