Textile Industry: Contradiction Of Structural Overcapacity

Under the new normal situation, the growth rate of the textile industry has also dropped from the two digit growth rate to the single digit figure.

We have not forgotten that due to the loss of the whole industry, the second round of ingots adjustment started in 1998, and the actual compression of 9 million 600 thousand spindles in 3 years.

By 2000, we have 34 million 430 thousand spindles of cotton spinning spindles, which are necessary for the loss of the whole industry at that time.

After the ingot, the state-owned enterprises were restructured, eliminated backward, diverted personnel, debt to equity swap, financial subsidies, and enterprises were put on the spot. In 1999, the whole industry turned around the deficit, and the whole industry realized profits in 2000.

After China joined the World Trade Organization in 2001, the market opening cotton textile industry started a new round of development, textile exports increased, yarn demand continued to grow, and by 2014, the number of spindles reached 130 million ingots.

Since 2011, the state has implemented the policy of purchasing and storing cotton at a high price. The price of cotton has surpassed the international market by 6000 yuan / ton. In addition to the international financial crisis, domestic and foreign demand has decreased, while the cost of cotton spinning labor has been rising. Bangladesh, Vietnam, India and Pakistan have occupied the share of China in the international market by virtue of the low labor cost and the free purchasing of cotton, and the growth rate of the cotton textile industry has begun to decline.

So far, the actual starting rate of cotton spinning is only 60%, about 50 million ingots are idle, most of the small businesses have shut down factories, and cotton usage has not exceeded 8 million tons per three consecutive years.

The emergence of such a situation is also an inevitable phenomenon experienced by developed countries in the world, and industrial pfer is inevitable.

However, we must maintain the advantages of China's cotton yarn manufacturing, pform and upgrade, realize automatic production, intelligent manufacturing and so on.

The development mode of two integration and deep integration of textile has been put forward.

In March of this year, the Ministry of environmental protection issued "

Revised standard for industrial water pollutants discharge standard (GB 4287-2012).

Among them, there are many modifications to the sewage discharge standards for textile industry, including adjusting the COD emission limits, adding the "total antimony" emission control requirements (0.1mg/L) and so on, and putting forward higher requirements for special collection and centralized treatment of textile dyeing and finishing wastewater.

The national standards for air pollution have also been strictly enforced, forcing enterprises to increase the stereotype exhaust treatment system.

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The situation is different from the chemical fiber industry. Since the second half of 2014, the international crude oil prices have dropped sharply. The price of PTA has dropped to about 4500 yuan / ton, and the price of polyester filament yarn has dropped, coupled with the shortage of demand and the low price of chemical fiber, the chemical fiber industry has seen serious difficulties.

In 2014, the output of chemical fiber was 43 million 900 thousand tons, while the "12th Five-Year" plan was 41 million tons at the end of 2015, and the chemical fiber "12th Five-Year" plan was completed two years ahead of schedule.

Chemical fiber accounts for 82% of the total textile fiber processing, and the current start-up rate is about 70%. The polyester polyester production capacity planned for commissioning will reach 3 million 660 thousand tons only this year.

The rapid growth of production capacity has resulted in intensified competition and lower efficiency, and the contradiction between excess capacity and structural surplus is still outstanding.

Recently, the Far East Petrochemical Company, the largest PTA manufacturer in China, declared bankruptcy.