Textile Machinery Market Briefing: Textile Machinery Industry Will Not Shrink

Textile machinery industry will not shrink

The textile machinery market is still a period of development in 2008, and certain industries may be reduced, but it will not shrink. Cotton spinning machines will enter the adjustment period, and low-end cotton spinning machines have been difficult to occupy much market share. This is the need for structural adjustment of the cotton spinning machinery industry. The textile industry has formed a complete industrial chain. The textile machinery industry serves its manufacturing chain. It cannot be asserted that the entire industry has shrunk because an industry has entered an adjustment period. In recent years, the export of textile machinery in China has grown at a rate of 30% per year. Foreign-funded enterprises have occupied a major position in the export of advanced textile machinery. In 2007, foreign textile machinery exports accounted for 43% of the total. In 2008, textile machinery exports are expected to exceed US$1.8 billion.

Capital shortage has the largest impact on the textile industry

Under the current macroeconomic situation, the biggest impact on textile companies is the increase in interest rates and the tightening of bank credit, which is the shortage of capital. Last year, the textile industry suffered a series of changes in policies and the environment. Last year, textile and apparel export tax rebates were lowered by two points respectively, and the appreciation of the renminbi exceeded 6%. The central bank raised interest rates six times, increased the deposit reserve ratio 10 times, and increased wages. Speed is also accelerating. The turning point of industrial upgrading in the textile industry has already emerged. Due to the continuous increase in costs and changes in the environment, the polarization trend of enterprises in the textile industry is intensifying, with 8.9% of corporate profits accounting for 39% of the entire industry, and 1/3 of other companies Total profit only accounted for 9.15% of the industry.

Brief Introduction of China's Import and Export of Shuttleless Weaving Machines from January to April 2008

According to statistics compiled by the China Electromechanical Chamber of Commerce, China's customs statistics, exports, from January to April, China's export volume and amount of shuttleless looms were 1925 units and 8.13 million US dollars, respectively, compared with the same period last year dropped by 24.42%, 26.89%. In terms of imports, the number of imported shuttleless looms in China from January to April was 6086 units, a decrease of 15.95% year-on-year, but the amount of imports increased compared with the same period of last year, which was 2.8653 trillion US dollars, an increase of 5.76% year-on-year.

[domestic information]

White Shark Cards Co., Ltd.

A few days ago, Baisha Fabrics Co., Ltd. and Liuan Huayuan Textile Co., Ltd. carried out technical cooperation. The success of the company's A186F carding machine installed in the early 1980s was speeded up and reformed. After the reformed carding machine was tested in June last year, the C14.8 special yarn and C27.8 special yarn were respectively tested, and the output increased by 36.75% and 31.8% respectively. After five months of follow-up inspection, all the indexes of the tested textile products were good and the quality was stable. In particular, the finished yarns were dry, coarse knots, fine knots, and strength were significantly improved, and the output increased by 20%-30%. At present, there are about 80,000 to 10 million domestic low-yield carding machines, which have a large market space.

Qingdao Hongda independently developed a new type of automatic winder

The new-generation digital new automatic winder independently developed and developed by Qingdao Hongda has adopted an optimized yarn path design and the latest drum drive technology. The mechanical winding speed is up to 2,200 meters per minute. The main technical indicators, production efficiency and quality stability of the products have reached the leading domestic and international advanced level, and they have competed with the international advanced automatic winder manufacturers. The implementation of this project achieved a breakthrough in the self-developed automatic winder brand in China, which enabled us to have an automatic winder with independent intellectual property rights, and from then on established a research and development system for the automatic winder, which shortened the The gap between China's automatic winder technology and foreign advanced level. With the new type of automatic winder entering mass production, Qingdao Hongda’s production capacity is expected to reach 1,200-1,500 units this year, and the domestic market share can reach 50%.