It is reported that at present there are more than 200,000 enterprises in China's textile industry, of which more than 90% are private enterprises. As China’s economy has entered a new normal, the growth rate of the entire manufacturing industry has slowed down and the textile industry has also been affected. In the blink of an eye, in 2015, there were only less than 10 days left. Along the way, textile companies have experienced bumpy experiences and deep feelings. Overall, the textile industry in 2015 has four major characteristics.

Decrease in chemical fiber textile raw materials

In the past year, under the background of the sharp fall in international oil prices, raw materials for textiles and chemical fiber fell sharply. The domestic bulk textile raw material market was languishing, plunging, and rising. Many corporate executives lamented that they were just riding a roller coaster.

In the cotton sector, domestic cotton prices have remained at a level of 13,000 yuan/ton since the beginning of this year, with only slight fluctuations. Textile mills have used the low-cost cotton they dreamed of. In the period of temporary purchase and storage, the domestic cotton price is as high as 19,800-20,400 yuan/ton, the imported cotton is only around 13,000 yuan/ton, and the difference between inside and outside cotton is as high as 7,000 yuan/ton. The high cost of raw materials makes spinning mills generally lose money. Loss of 2000-30 million yuan is usually flat. Many companies have reported that everyone is making up for the gaps in the past few years with the money earned in previous years.

Entering this year, the cotton price of the new season dropped to 13,000 yuan/ton, while the cost of imported cotton was around 12,000 yuan/ton (1% tariff). The difference between cotton prices inside and outside the country narrowed to 1,000 yuan/ton. The use of low-cost raw materials can be used, as some textile mills say, “this is the light of the target price.” Without target prices, there is no low-cost raw material for textile companies.

In the chemical fiber industry, "the acid has risen so much that it has fallen flustered." This year's domestic textile and chemical fiber raw material prices fell sharply. Less than a year ago, the raw material MEG has fallen by nearly a quarter from the previous high, which is a decrease of RMB 1,420 from RMB 5,750/ton in early January. The prices of polyester filaments have also declined, with the three major sizes falling close to 20% each.

This price trend of chemical fiber raw materials has caused many textile companies to withstand tremendous pressure from the market. In the first half of this year, many textile companies were generally bullish on the low prices of raw materials, and purchased large quantities of raw materials. They did not think that the international oil prices had fallen sharply. The raw material prices continued to fall unpredictably. Today, high inventory has become a problem. Many companies can only produce at a loss. Sales.

Textile companies attack the enthusiasm of the capital market

I remember that in the past few years, when few domestic garment companies went public, the capital market ignored this, but with the adjustment of policies, industry development, and other factors, many capitals began to “help” the domestic textile and garment companies.

This year, the IPO market has never been more exciting. From the beginning of the successful listing of Geli Si at the beginning of the year, the capital market in China has been continuously boiling. Today, “broadcast: broadcast”, “DAZZLE”, “La Chapelle”, these many women's familiar women's brands , it has already entered the predisclosure process. In addition, Taiping Bird, Anzheng, Masifeier, Xinhe, Bie Le Lefen and other brands are standing in front of the IPO. Coupled with previously listed Langzi, Vignes, etc., several well-known domestic apparel industry companies are expected to gather in the capital market. In addition to the main board, the “new three board” market is also active. It is understood that more and more weaving companies have begun the process of listing. Its large number has set the highest in the calendar year.