The hottest Taihe new material spandex urgently ne

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Taihe new material: Spandex urgently needs to be boosted by downstream demand

insufficient demand in the textile and clothing industry affects the profitability of the spandex industry. In the first half of the year, the company's Spandex business revenue was 510 million yuan, down about 1% year-on-year. As a leading enterprise in the spandex industry, the company has strong product differentiation characteristics. Under the current background of excess products in the whole industry and weak demand in the downstream clothing field, the company's products maintained a high sales volume, with a year-on-year increase of about 20%; However, limited by the downward trend of the profit center of the whole industry, the gross profit of spandex business was 28.74 million yuan, down nearly 76% year-on-year, and the gross profit margin decreased by about 18 percentage points. However, compared with the second half of 2011, the operation of the company's Spandex business has slightly warmed up, and the gross profit margin has increased by about three percentage points; From the beginning of the year to now, the price of spandex has rebounded slightly, and the profitability of the industry has slowly recovered

half of the comfortable spandex project put into operation in the first half of the year has a capacity of 3500 tons. The product difference avoids the non levelization of the experimental machine caused by vibration in the process of use, which is conducive to enhancing its own product competition under the situation of industry surplus. It is bound to usher in a new era of its own competitiveness. However, the insufficient demand in the textile and clothing industry, the downstream field of spandex's largest application, seriously restricts the profitability of the entire industry. The differentiation advantage can only ensure the competitiveness of American component manufacturers to weaken. The company maintains a relatively favorable position in the industry adjustment and cannot be immune to the downward trend of the entire industry. Spandex is a small and medium-sized variety of fiber varieties. Whether the textile industry can get out of the quagmire in the third and fourth quarters and the overall recovery of downstream demand for textile raw materials are the biggest factors to improve the operation of spandex

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