Sales Volume Of Textile Machinery Industry Increased In May

Statistics show that in the first 5 months of this year, the sales volume of textile machinery industry reached 32 billion 225 million yuan, up 53.54% compared with the same period last year; sales revenue reached 32 billion 478 million yuan, up 50.82% compared with the same period last year; realized 1 billion 842 million yuan profit, increased 286.13% compared with the same period last year; export income reached 625 million dollars, up 38.33% over the same period last year; import volume reached 1 billion 492 million U. S. dollars, an increase of 76.78% over the same period.

Most textile machinery enterprises have received too many orders for timely delivery of goods this year, which is a rare supply shortage in recent years. In particular, orders for spinning and weaving equipment suddenly rose sharply, and zero manufacturers were surprised.

This year's textile market looks very hot, but there are still many risks. The cost of raw materials has increased rapidly and production profits have been severely compressed. The price of PTA has increased by 35.46% since June, cotton prices have increased by 42.11%, polyester prices have increased by 11.4%, yarn prices and raw silk prices have also increased.

At present, orders for textile machinery and equipment in advance are only a small proportion. Once the situation changes in the second half of this year and new cotton enters the market in September, cotton textile enterprises have to book new cotton, which will result in a shortage of funds, which is a big problem for them to deliver textile machinery and equipment in time.

The pressure of RMB appreciation is also increasing. The price of raw materials continues to rise, labor costs and employment are expanded every month, the demand for higher wages is frequently heard and uncertain factors increase. Therefore, the unprecedented overheating of orders in the first half of this year is hard to reproduce in the second half of this year.

In fact, textile machinery companies have expressed concern about the market since the beginning of July, because of the significant reduction in woven commercial orders and the gradual regression of cotton yarn prices since the end of 7. The hot situation in the textile machinery industry seems to be coming to an end.