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In 2012, the overall situation of the chemical fiber industry will be more severe, and the prosperity of the polyester market industry will decline. This is the information the reporter received from the 11th China Hangzhou Chemical Fibre Forum (2012) held in Xiaoshan from March 20-21. In 2012, from a macro point of view, China's chemical fiber industry will still face many difficulties: First, the lack of growth in international market demand; Second, the domestic market demand following the growth but the slowdown in growth; Third, raw material price fluctuations will further increase; Fourth, The new production capacity will intensify market competition. It is expected that the new polyester production capacity this year may still reach 3 million tons. Fifth, the pressure on resources and the environment and the cost of production factors will continue to rise.

Zhao Xiangdong, vice president of China Chemical Fiber Industry Association, summarized the chemical fiber industry in 2011 as “high, low, high, low,” and “unbalanced.” From January to February, the growth rate of domestic chemical fiber production exceeded 18%, which was at the highest point of the year, and then quickly declined. In July and August, it fell slightly again and then fell to 13.87% in December. While the output growth rate gradually decreased, it was also imported. Volume, export volume, operating rate, investment growth rate, profit growth rate, and market price are also falling.

In 2012, the overall situation of the chemical fiber industry will be more severe. In the first quarter or even the first half of the year, the industry is more difficult to operate, the output growth rate will further slow down, the import volume will decrease, the export volume will increase, and the economic benefits will decrease. It is estimated that it will drop by 10%~20%. However, the situation may improve in the second half of the year.

China National Chemical Fiber Information Network PTA current research center Lu Difeng analyzed the status quo of the polyester industry. He believes that in the first half of 2012, textile and apparel exports have shrunk. In the second half of the year, it is expected to pick up moderately, but with limited efforts. The number of well-known domestic apparel brands has increased; real estate market regulation has affected the sales of home textile products; the downstream investment growth rate has dropped significantly. At the same time, polyester production capacity has continued to grow, and the contradiction between supply and demand has intensified. It can be judged from this that the economic prosperity of the polyester market will decline and the competitive landscape will become more prominent. The industry will face a new round of reshuffling.

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