In accordance with the requirements of relevant national departments, in order to better understand the resumption of work and production of textile and chemical fiber enterprises, the China Textile and Apparel Industry Federation has adjusted the daily survey on resumption of work and production to a weekly survey. The situation of the chemical fiber industry from March 30 to April 5 is summarized as follows.
1. Overview of resumption of work and production
According to the results of the resumption of work and production survey conducted by China Textile Federation from March 30 to April 5, as of 24:00 on April 5, the chemical fiber industry had received a total of 40 The questionnaires filled out by enterprises mainly cover subdivided industries such as polyester, spandex, polypropylene, high-performance fiber, regenerated cellulose fiber, and acrylic fiber. At present, these 40 companies have started operations, and the number of people who have returned to work has reached 80,676, accounting for 91.7% of the normal number of workers, a decrease of 7.7 percentage points from last week (the surveyed companies are not exactly the same).
From the perspective of operating indicators, the first is capacity utilization. 62.5% of the above-mentioned enterprises have a capacity utilization rate of more than 80%. , 50% to 80% accounted for 30.0%, and those still lower than 30% accounted for 7.5%. Compared with the survey results of the previous week (the surveyed companies are not exactly the same), the overall capacity utilization rate of the industry has gradually increased. The second is the order level. 33.3% of the above-mentioned companies have reached more than 80% of the normal level, 46.2% have 50% to 80%, and 20.5% are still below 50%. Compared with the survey results of the previous week (reported by The surveyed companies are not exactly the same), and order levels remain unstable and have declined. The specific situation is shown in the figure below.
▲Investigate the production capacity utilization of enterprises
▲Investigating corporate downstream orders Situation
From the perspective of operating efficiency expectations, firstly, 75.0% of the surveyed companies expect their sales revenue in the first quarter of 2020 to decrease year-on-year, of which 5.0% expect their first-quarter revenue to decrease year-on-year. The decline may exceed 50%, with 40.0% of companies expecting a year-on-year decline of 20% to 50%, 30.0% of companies expecting a year-on-year decline of less than 20%, 15.0% of companies saying it will be basically the same as last year, and 10.0% saying it will be better than the same period last year. The growth. Second, 72.5% of the companies surveyed still expect sales revenue to decrease in the first half of the year compared with the same period last year. Among them, 50.0% of companies expect a year-on-year decline of more than 20%, and 22.5% of companies expect a year-on-year decline of less than 20%. Another 17.5% of companies said they expect a year-on-year decline of more than 20%. Basically the same, while 5.0% of companies said they would grow by less than 10% year-on-year, and 5.0% said they would grow by more than 10% year-on-year. Third, most of the surveyed companies are not optimistic about their export prospects. Among the surveyed companies involved in export business, 66.7% said that exports in the first quarter would decrease year-on-year, 76.7% said that exports in the first half of the year would decrease year-on-year, and 53.3% of them said the decrease would exceed 20%. The specific situation is shown in the figure below.
▲ Investigate companies’ sales revenue forecasts for the first quarter of 2020
▲Survey companies’ sales revenue forecasts for the first half of 2020
▲Survey of companies’ opinions on 2020 Forecast of exports in the first half of the year
In addition, the investment intentions of the surveyed companies are still not strong. At the same time, affected by the epidemic, 22.5% of the companies’ invested projects are in a state of postponement, and more 5.0% of investment projects have been cancelled, 45.0% of companies have no projects under construction or investment plans, and 92.5% of companies said they still have no investment plans next week.
2. Enterprises resume work and resume work The main problems faced by the industry
According to the survey results, the surveyed companies reported that insufficient orders, financial constraints, blocked sales channels, and customer cancellation of orders are the main difficulties currently faced by the industry, followed by Problems such as logistics obstruction, excessive prices, and difficulty in purchasing raw and auxiliary materials, especially the cancellation of orders by downstream customers, have become more serious than last week. See the picture below for details.
▲Investigate the main problems faced by enterprises in the process of resuming work and production
3. Enterprise policy demands for resumption of work and production
In view of the outstanding problems currently faced by chemical fiber companies in resumption of work and production, especially The cancellation or delay of a large number of foreign trade orders has put operating pressure on chemical fiber companies. The surveyed companies expressed their desire for further policy support. According to the survey results, surveyed companies generally expect to effectively implement the exemption policies issued by the national and local governments at all levels.�Policies and measures such as social security expenses, reduction of industrial electricity prices, postponement of water and gas fees, expansion of financing channels, additional guarantee-free loans, and subsidies for logistics and epidemic prevention materials and preferential loan interest rates, especially the implementation of deferred principal and interest payments for small, medium and micro enterprises , and study and formulate relevant temporary policies for interest reduction and exemption to further alleviate the current operating pressure of enterprises. </p
