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27 Jan,2022

Development Status and Investment Strategy Advisory Report of China's Chemical Fiber Industry in 2022-2028

In the first half of 2019, my country's economic environment was severe and complex, especially the increase in external challenges and uncertainties, and the downward pressure on the chemical fiber industry increased. Overall, the demand side continues to weaken and the contradiction between supply and demand is highlighted;

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Functional regenerated polyester fiber, health and environmental protection, such as tiger wings

The earth's oil resources are not renewable, so saving oil resources is the responsibility of everyone on earth. Recycled polyester fiber, also known as recycled polyester fiber, is a waste of polyester bottles, polyester clothing and other polyester items, through the recycling process of preparation, so it can effectively save oil resources.

Analysis on the Development Status and Import and Export Situation of China's Chemical Fiber Industry in 2020

In 2019, the demand side of the chemical fiber industry continued to weaken, and the pressure of the contradiction between supply and demand increased: dragged down by various factors such as the crude oil market and international trade disputes. Product prices fall, industry earnings decline: lack of investment in fixed assets, investment reduction, industry new capacity slowdown.

High concentration brings high bargaining power Polyester filament giant performance surge

Recently, a number of polyester filament companies disclosed their 2021 performance forecasts. Among them, Tongkun shares (601233.SH) are expected to make a profit of 7.2 billion yuan to 8 billion yuan, an increase of up to about 5.153 billion yuan year-on-year. Xinfengming (603225.SH) expects net profit of about 2.15 billion yuan to 2.35 billion yuan, up 256.52 to 289.69 percent year-on-year.

High-grade fiber production line and differentiated color fiber production line project-Junye Fiber

Hebei Junye Fiber Co., Ltd. is an environmentally friendly technology enterprise that focuses on resource recovery and recycling. The comprehensive strength of the enterprise ranks the top three in the national industry. The company has a total investment of 0.56 billion yuan, covering an area of 200 mu and a planned construction area of 180000 square meters.

Polyester staple fiber price market back on the sidelines

According to monitoring, recently, the market quotation of pure polyester yarn has been basically stable, with some prices rising steadily. The 32S pure polyester yarn in Shandong is reported to be about 14266.67 yuan/ton. The overall delivery of polyester yarn is acceptable. Large factories in Fujian and Jiangxi have performed slightly better. Orders from small and medium-sized factories are average, and prices are mainly stable.

The business climate is down, and the growth opportunities are certain.

Revenue and net profit of the chemical industry increased significantly year-on-year. In the first three quarters of 2021, the chemical (Shenwan) industry achieved operating income of 4184.94 billion yuan, up 36.4 percent year-on-year, and achieved a net profit of 280.71 billion yuan, up 147.9 percent year-on-year, a record high.

Hebei Province Green Manufacturing List Announced in 2021-Junye Fiber in List

According to the deployment and relevant regulations of the construction of the green manufacturing system in Hebei Province, and after the review of the municipal recommend and our office, the list of provincial green factories, green parks, green supply chain management demonstration enterprises, and green design products to be included in 2021 is now publicized (See Annex).

Polyester Staple Fiber New Project Favored

Polyester staple fiber as a large category of synthetic fibers, together with cotton, viscose staple fiber is called the three main raw materials of the cotton spinning industry, mainly through spinning applied to the textile and garment industry, but along with the white-hot competition situation of regular varieties, in recent years, the industry differentiation varieties developed more rapidly.

Junye Fiber holds tug-of-war competition

The existence of Junye Company is to build a harmonious home to realize the dream of life, and is responsible for the mission of improving the living environment. It also provides a platform for those ambitious and talented people to realize their dreams and create lives. "Humility, virtue, pragmatism and efficiency" are our core values.

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