Rising Prices Of Products Drive The Spandex Industry To Improve.

< p > with the rising price of products, the performance of spandex enterprises generally improved in the first half of the year.

Analysts believe that this year and next year the spandex industry capacity growth is relatively low, although the current off-season, the industry is still relatively high operating rate, the future with the "a target=" _blank "href=" //www.sjfzxm.com/ "> /a" a target= "_blank" href= "http://" > clothing "market" exports further warmer, the price of spandex is expected to further rise, the operation of the big cycle of the inflection point has emerged.

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< p > performance improved in the first half of the year < /p >

< p > business data show that the price of 40D spandex at the beginning of the year is 46000 yuan / ton, and the latest price has risen to 50666 yuan / ton.

Affected by this, the company's performance in the first half of the year has improved collectively.

From the price chart, we can see that the price increase of spandex is mainly in the two quarter of this year, so the performance improvement of the related companies in the two quarter is particularly obvious.

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< p > Huafeng spandex (market share bar trading point) semi annual report shows that in the first half of the year, the company achieved operating income of 1 billion 138 million yuan, an increase of 48.97% over the same period last year, and realized a net profit of 80 million 210 thousand yuan.

A quarterly report shows that the company's net profit is only 18 million 400 thousand yuan.

The company said that in the first half of the year, the market demand exceeded expected growth, the company maintained full load production, and the overall gross profit margin also increased.

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< p > other spandex plate companies also improved in the first half of the year.

Yu Li Holdings (market share trading point) is expected to achieve profit in the first half of about 240 million -30000 million, compared with the same period last year, the company lost 33 million 477 thousand and 900 yuan.

The results show that the first half of the year achieved operating income of 858 million 340 thousand yuan, an increase of 13.97% over the same period last year, resulting in a net profit of 38 million 395 thousand yuan, an increase of 23.67% over the same period last year.

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< p > because of the tight stock of the spandex industry and the tight supply of some specifications, the spandex industry conference held in July 30th proposed that the price of spandex for 30D and 40D specifications should be raised by 2000 yuan / ton.

Analysts believe that the current spandex industry is in the off-season, the industry is basically full load start, and have price increases, which means that when the peak season is coming in September, the price of spandex is expected to further rise.

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< p > according to the analyst's estimate, according to the current < a href= "//www.sjfzxm.com/news/index_p.asp" > spandex price < /a >, the contribution per ton of capacity to annual profit is about 5000 yuan. The Huafeng spandex share price has basically reflected the market expectation. Next, if the product price goes up further, the company's share price will usher in a new catalyst.

At the same time, as the main production material of spandex PTMEG (1 tons of spandex consumption PTMEG is 0.78 tons) this year, the capacity has been concentrated and put into a big cycle of falling prices. Even if the price of spandex in the three quarter has not exceeded the expected increase, the performance of the spandex business is still likely to give the market a pleasant surprise.

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< p > however, spandex enterprises still have a cautious attitude. First, the whole textile and garment industry should not be overestimated and subject to downstream demand. The price of spandex prices is coming to an end. Two, whether the price of upstream raw materials will be reflected in the performance of Spandex Enterprises is uncertain. Although spandex productivity growth is slowing down, there will still be new production capacity to accelerate the delivery speed, which is inevitable in the short run.

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