Textile Machinery Industry Faces Declining Sales

From the statistical data, the impact of tight banking policy and cotton price fluctuation on the textile industry in the first half of this year is not immediately reflected in the sales of textile machinery products.

In the 1~5 month of this year, the textile machinery industry completed 39 billion 680 million yuan of industrial output value, an increase of 32.31% over the same period last year.

However, in the first half of the year, the order of textile machinery enterprises was no longer the same as that of the same period last year.

Since April, the number of enterprises has been significantly reduced, and the phenomenon of individual customers postponing delivery has also occurred.

There are indications that the market of textile machinery industry will show a downward trend in the second half of the year, which is affected by the upstream industry.

In the first half of this year, the market of textile machinery industry has been able to maintain a strong growth momentum. First, textile enterprises have been increasing their product structure adjustment and trapped in labor costs in recent years, and have strong demand for automation, continuous, high-speed, intelligent and large capacity textile machinery upgrading.

In the first half of the year, sales of carding carding, compact spinning, long downed spinning machines, computerized flat knitting machines and warp knitting machines all showed the above characteristics and advantages, which could fully meet the demand of textile industry changing from labor-intensive to technology intensive.

Two because last year.

However, in the first half of this year, sales of several types of textile machinery were not satisfactory, especially for printing and dyeing equipment.

Due to the fluctuation of cotton prices, tight electricity supply, increasingly stringent environmental protection requirements and tightening monetary policy, the operating rate of printing and dyeing enterprises has continued to decline, and the purchasing power of equipment has obviously weakened.

According to the general market rule, as the upstream industry of textile industry, the market sale of textile machinery always lags behind the textile industry for a period of time.

So, despite the good sales situation in the first half of the year, it does not mean that the second half of the year will continue to be maintained.

First of all, from the level of national policy, the policy of tight monetary policy is difficult to change during the year, and the trouble of funds will inevitably lead to the frequent occurrence of postponing the goods by the textile enterprises.

Secondly, due to the multiple factors such as tight money and sharp fluctuations in cotton prices, textile enterprises are becoming more and more difficult to manage. Enterprises that originally planned to invest in new equipment had to be temporarily stranded.

Thirdly, the market in Europe and America is not improving. The uncertainty of the order of export textile and clothing directly affects the willingness of textile enterprises to buy new equipment.

Taking the above factors into account, the overall sales of textile machinery industry will inevitably show a downward trend in the second half of this year compared with the first half of this year.

However,

For example, drawing frames, compact spinning and computerized flat knitting machines may maintain strong growth momentum in the second half of the year, but most of the equipment may be faced with a decline in sales and orders.