In recent times, China's textile and fabric exports dropped significantly. Insiders said that this is mainly due to the instability in demand in the international market, the international market demand slowed restricts the export volume of textile fabrics. Meanwhile, China's imports of chemical fiber raw materials declined, chemical industry achieved a slight increase profits.

Decline in export volume of textile fabrics

Data show that in 2014 1 to February national fabric imports and exports amounted to 7.858 billion U.S. dollars, down 4.12%. Among them, the export value of $ 6.89 billion, down 4.26%, exports 4.789 billion meters, down 6.73 percent. The average export price of 1.44 yuan / m, an increase of 2.65%. Imports amounted to $ 968 million, down 3.13%.

February 2014 the month of fabric exports dropped significantly. Asian exports $ 999 million, down 37.41%, of which Bangladesh, the Philippines and the United Arab Emirates were reduced by 65.36%, 62.37% and 59.38%. Exports to the EU fell by 31.04%, in which the United Kingdom, Belgium and Italy, exports decreased by 39.88%, 37.77% and 34.67%. Latin American exports fell 46.86 percent, of which Mexico, Argentina and Chile fell 57.28%, respectively, 57.14% and 52.56%. African exports fell 37.59 percent, of which South Africa, Nigeria and Egypt exports fell 57.17 percent, respectively, 44.55% and 38.15%.

According to media reports, there were 31 provinces export fabrics, only four provinces export growth, Fujian, Shanghai and Jiangsu along the southeast coast of the export value fell 58.47%, respectively, 47.95% and 46.23%. The Anhui, Xinjiang and other regions of Shanxi export value fell 71.08%, 67.61% and 63.87% respectively. The Guangxi, Ningxia, Gansu, Chongqing and grew 680%, 247%, 78.92% and 51.89% respectively.

In the case of the decline of textile fabrics appear, insiders said that this is mainly due to the instability in demand in the international market, the international market demand slowed restricts the export volume of textile fabrics. In addition, widening the domestic cotton prices also restricts the export prices of textile fabrics.

Chemical fiber raw materials imports fell

National Bureau of Statistics recently released the operation of China's chemical fiber industry in 2013. From the run data, annual production continues to grow, however, the growth rate dropped, down 3.3 percentage points lower than in 2012, which can also be discerned from the decline in imports of raw materials for synthetic fiber. Meanwhile, the chemical industry profits slight increase, the average profit margin was 3.6%, up slightly by 0.3 percentage points over 2012.

According to Customs statistics, in 2013, China imported 872,000 tons of chemical fiber products, an increase of 6.2%; chemical products exported 2.68 million tons, an increase of 8.6%. The main export products are polyester filament and polyester staple fiber, the export volume was 1.292 million tons and 734,000 tons, accounting for 48.2 percent of total exports, respectively, fiber, 27.4%.

According to the National Bureau of Statistics, in 2013 chemical production continues to grow, the annual total output of 41.22 million tons, an increase of 7.9%, down 3.3 percentage points compared with 2012. Among them, polyester 33,410,000 tons, an increase of 6.6%, the growth rate dropped by 2.8 percentage points; spandex production growth fastest growth rate of 27.3%.

Reporters learned that, in 2013, mainly imported 13.495 million tons of synthetic fiber raw materials in total, representing a decrease of 15.9%. Among them, ethylene glycol 8.238 million tons, accounting for 61.0 percent of total imports of raw materials for synthetic fiber; terephthalic acid imported 2.743 million tons, representing a significant decrease of 48.9%; caprolactam imports of 453,000 tons, representing a significant decrease of 35.9%. 2013 polyester primary feedstock PX imports reached 9.048 million tons, representing a substantial increase of 43.9%, PX import dependence has increased from 45% in 2013 to over 50%.

In addition, the above-scale enterprises National Bureau of Statistics data show that in 2013, chemical fiber industry realized a total profit of 25.98 billion yuan, an increase of 18.3%. Industry average profit margin was 3.6%, up slightly more than 0.3 percentage points in 2012. Industry loss rate of 17.4%, down 5.3 percentage points compared with 2012, the amount of loss decreased by 9.3%. Among them, the polyester industry gross profit decreased slightly by 3.1%, spandex industry profits increased significantly by 3.4 times, the overall loss of viscose staple fiber.