Competition Between Alternative Fibers And Wool

In 2013/2014, the wool industry has experienced the weakening of demand and the fluctuation of raw material prices. The instability of wool prices has further troubled the woolen textile enterprises that are facing difficulties, and the trend of wool market has also become the focus of attention in the future.

In the twenty-sixth China International Wool Textile raw material trading information exchange meeting, our reporter interviewed Yang Xiao hung, chairman of Nanjing wool market, and asked her to analyze the development of wool industry and the trend of wool market in China.

Substitution of fiber for impact

Reporter: the price of wool market in 2013/2014 is in a state of ups and downs. Can you analyze the reason?

Yang Xiaoxiong: from July 2013 to now, the "two fires" of the wool market has not changed.

On the one hand, although the demand continues to weaken, the proportion of wool in textile fibers has decreased from 1.8% to 1.5%, but the supply of coarse wool is still in short supply.

On the other hand, 70S has been in the cold winter for its fine wool, the price has fallen from its high position and the top has been hanging upside down.

From the Nanjing wool market T54PPP, T55, T424 average price index trend, more verifies that this year's fine wool is the hardest hit area, especially the ultra-fine wool price compared with July 2013 fell by about 12%, crude crude wool still maintained the rally.

Reporter: customs data show that China's imports of raw wool have declined over the past year, and the export of wool tops has increased. What is the specific situation? What are the reasons?

Yang Xiaoxiong: China is an important importer and processing country of wool in the world. In 2013/2014, China imported a total of 260 thousand and 100 tons of raw wool, down 3.4% compared with the previous year.

Among them, imported Australian raw wool is about 163 thousand tons, down 7.3% compared with the same period last year, but the coarse wool of Uruguay and Europe is still a hot demand.

The reason for the decrease of imported wool is analyzed. Because of the decrease in gross wool production this year and the decline in the use of wool in China, the market demand has weakened, and domestic buyers have little desire to buy wool.

From July 2013 to June 2014, China's export gross count totaled 3.79 tons, an increase of 17.7% compared with the same period last year.

The export market is relatively good this year, mainly exported to Italy, South Korea, Germany, Turkey and Japan.

It is reported that the first quarter of the euro area GDP grew by 0.9% over the same period, and the economic growth rate accelerated compared with the previous quarter, of which residents' consumption has continued for half a year to achieve weak growth.

It is expected that economic growth will exceed the first half of the second half of this year, indicating that the export of wool tops will increase.

stay

In the case of less import of raw wool, the increase in exports means that domestic demand in China's wool market is extremely weak.

This is closely related to the reduction of domestic tooling replacement and the large shrinkage of orders in the industry.

Reporter: please analyze and predict the future trend of wool market.

Yang Xiaoxiong: for the future trend of wool prices, we must return to the fundamentals. The price of wool is a game between demand and output.

In the first half of 2014, the overall trend of consumer confidence in China was better than that in the same period last year. In the first half of this year, the consumer confidence index was above 100 of the prosperity line.

Consumers are more optimistic and their consumption will increase significantly.

The wool market is still in the doldrums. This shows that the demand for wool in clothing is decreasing, and the purchase intention of wool products is decreasing.

In recent years, the wool substitute fiber has developed rapidly, and has also made a great impact on the wool market.

For example, chemical fiber has a high degree of industrialization.

The rapid development of functional development is closer to the consumption concept of young people.

Therefore, in the second half of the year, under the condition of constant supply, the demand for finished wool is decreasing from the demand of wool at present. I think the possibility of wool price rising is very small.

The structure of supply chain is unreasonable.

Reporter: what do you think of the development characteristics of China's wool textile industry this year? What are the problems that need to be solved?

Yang Xiaoxiong: for the development of domestic wool textile industry, it has the following characteristics.

First, the development of the industry is uneven.

The trend of fashion in today's international market is rough and retro. In wool textile industry, it is embodied as: the worsted fabric enterprises are relatively stable due to the relatively complete industrial chain. The woolen fabric enterprises can better cater to the current trend of popularity, and the order is sufficient. The raw materials for wool fabrics are carbonized wool and strong demand for coarse wool.

On the contrary, semi worsted, yarn and wool enterprises are in deep water, and orders are outflowing.

Second, high quality brand enterprises are in the leading position in the cruel market competition.

This year, the spinning enterprises with brand advantage are laying down their bodies, taking orders from small and medium-sized orders, and small and medium-sized enterprises are struggling. The living space will be further compressed, and the "Matthew effect" of the strong and strong will be highlighted.

Third, the industry capital chain is becoming more and more intense.

As the textile industry has been classified as a high-risk industry by banks, many large domestic trading companies have withdrawn from the wool trade, and the industry is seriously ischemic, which is very unfavorable for the development of the industry.

This year, the development of China's wool textile industry is very difficult. Besides the weakening of market demand, I think the industry also has its own problems.

For example, the structure of wool raw material supply chain is unreasonable.

In recent years, the raw material supply chain of wool has been olive shaped, small at two ends and large in the middle.

Both suppliers and textile enterprises are shrinking, while the capacity of the intermediate primary processing enterprises is increasing.

In the market, the competition of primary processing enterprises is very tragic.

In addition, the development of the industry is not standardized.

In recent years, the debt crisis in the wool industry has continued, causing other enterprises to run difficultly because of the broken capital chain.

Therefore, some enterprises' behaviors need to be standardized urgently, and the development of industries needs protection.

Promotion efforts must be strengthened

Reporter: then, what is the planning of Nanjing's wool market?

Yang Xiaoxiong: we will start from three aspects.

First, standardize enterprise behavior.

In the future, the market will examine the offer information, stop the false information provided by the customers, and exert the market mediation and mediation function, and cooperate with the major inspection organs of wool producing countries to regulate the irregular behavior in the wool trade.

Second, increase financial services to enterprises.

Cooperation with banks will continue to promote a series of fund platform functions such as bank acceptance discounting business, import agent opening business and so on, and will carry on the credit evaluation to the enterprises, and escort the good faith enterprises.

Third, increase the publicity of wool.

We will continue to organize salon, wool training courses and other forms of activities regularly to publicize our beloved wool.