The special market around the G20 has ended, and the textile market in the second half of the year can be described as both bad and good. Due to the co-extrusion of upstream and downstream and the sluggish export market, the textile industry, which has been in an embarrassing position in the first half of the year, will usher in a bumper harvest of "Golden Nine Silver Ten" in the second half of the year? Or continue the embarrassment of "sandwich cake"?

Export pressure has increased, but support remains
So far, the total export value of China's textile industry has shown a negative growth trend. In the first five months of this year, the total export value of China's textile and clothing fell by 2.3% year-on-year, but the decline rate has narrowed compared with last year and the beginning of this year. The industry expects that the pressure on China's textile exports has increased in the second half of this year, but there is still power to support it.
Industry analysts believe that the world economic recovery has been slow since the beginning of this year, and the driving force for the recovery of external demand is still insufficient. Therefore, there are many uncertainties in the export prospects of China's textile industry. Since the second quarter of this year, affected by factors such as the devaluation of the RMB, China's textile exports in the second half of the year are expected to benefit from it.
In addition, it should be noted that in recent years, the EU's overall economy has been sluggish, and China's textile and apparel exports to the EU have declined significantly. In the first five months of this year, China's textile and apparel exports to the EU fell by nearly 4% year-on-year. In recent years, due to the active economic and trade relations between China and the UK, the proportion of China's textile and clothing exports to the UK has increased. The UK is the largest market for Chinese textiles and clothing in the EU, and it is also a relatively stable market. Although China's textile and apparel exports to the EU overall declined in the first five months of this year, they still maintained growth of about 3% to the UK. However, after the UK's "Brexit" referendum, market instability factors have increased, which may affect the export of Chinese textiles and clothing to the UK and the EU.

Dyeing factories in some areas raise prices
Due to the restriction of domestic environmental protection, the price of dyes has soared and skyrocketed. The government restricts the discharge and must meet the discharge standards. For this reason, the dyeing and finishing industry must again invest heavily in the construction of sewage pretreatment and water reuse for multi-stage treatment facilities, resulting in sewage The operating cost of processing has increased significantly again, and the wages of workers, water, electricity, and steam have increased every year. Enterprises have been unable to restrain the pressure caused by the continuous increase in production costs and cannot maintain low-profit operations.
At present, many companies have chosen to raise prices in a group. It is understood that there are no less than 15 printing and dyeing enterprises in Jiaxing City. Compared with the dyeing prices in the first half of this year, conventional products have risen by 1000-2000 yuan/ton, and the increase rate is about 10% to 20%, while the prices of a few varieties are still maintained. original price.
Not only in Jiaxing but also in printing and dyeing clusters in Suzhou, Shishi, and Shaoxing, printing, and dyeing processing fees have been raised to varying degrees since August to maintain production and operations. Many traders shook their heads, crying and complaining that the price went up by 2,000 all of a sudden, they couldn't communicate with customers, they couldn't accept it! Business is hard!

There are still many uncertainties in raw materials
In terms of polyester, it is still difficult to judge the trend in the second half of the year. The operating rate of polyester plants that were discontinued in the early stage is believed to reach a new high after the G20, and the supply and demand relationship between upstream and downstream, Xiaobian believes, is still the decisive point of this game.
On the contrary, before the G20, the joint price-insurance and hype based on the G20 market will continue to weaken the impact on the market.
In terms of PTA, in the second half of the year, more units will be shut down and overhauled. I believe there will be some support. However, the trend of crude oil prices is still confused. The Fed’s interest rate hike and the progress of the OPEC meeting have not yet provided much support for PTA in terms of cost. know.
To sum up, the textile industry market in the second half of the year is still unclear, with good and bad coexistence. What attitude do you have for the market in the second half of the year?