Talk every Monday: policies help the high-quality development of the textile industry
Event: Recently, the Ministry of industry and information technology and the national development and Reform Commission jointly issued the guiding opinions on the high-quality development of industrial textiles industry (“guiding opinions”). The development goal of the guiding opinions points out that by 2025, the industrial added value of Enterprises above Designated Size will increase by about 6% annually, 3-5 enterprises will enter the first echelon of industrial textiles in the world, the application proportion of recycled fiber and biomass fiber will reach 15%, the key work sequence control rate of nonwovens enterprises will reach 70%, intelligent manufacturing and green manufacturing will significantly improve the quality and efficiency of the industry, and the comprehensive competitiveness of the industry will be further improved.
The guiding opinions on the high-quality development of industrial textiles industry highlights the themes of green, innovation, digitization and high quality. Compared with the guiding opinions on the development of industrial textile industry in the 13th five year plan, this guiding opinion focuses on high-quality and green development, and puts forward higher requirements on the basis of the previous: 3-5 enterprises enter the first echelon of global industrial textiles, the application proportion of recycled fiber and biomass fiber reaches 15%, and the NC rate of key processes of nonwoven enterprises reaches 70%.
Adhere to win-win cooperation and smooth the circulation of the industrial chain. The guiding opinions pointed out that we should adhere to win-win cooperation, encourage industrial textile enterprises and basic materials and end application enterprises to strengthen the upstream and downstream connection of the industrial chain, improve the standard detection and evaluation system covering production and application, and establish an honest and win-win industrial chain supply chain. The relevant person in charge of the consumer goods industry department of the Ministry of industry and information technology said that during the “14th five year plan” period, the development of the industry was facing new situations such as tightening factor guarantee, pressure on product export, rising production costs and complex external environment. Accelerating the development of the industrial textile industry is an important driving force for expanding domestic demand, unblocking the circulation of the industrial chain and expanding the development space of the textile industry.
Promoting the green cycle of industrial textiles industry is the key goal. Previously, the implementation opinions on the recycling of waste textiles issued by the national development and Reform Commission and other departments pointed out that by 2025, the recycling system of waste textiles will be preliminarily established, the recycling capacity will be greatly improved, the recycling rate of waste textiles will reach 25%, and the output of recycled fiber of waste textiles will reach 2 million tons. By 2030, a relatively complete recycling system for waste textiles will be established, with significantly improved awareness of recycling among producers and consumers, expanding ways of high-value utilization, and significantly improved industrial development level. The recycling rate of waste textiles will reach 30% and the output of regenerated fiber of waste textiles will reach 3 million tons. Promoting the green of industrial textiles industry has practical guiding significance under the background of double carbon.
Support the merger and reorganization of advantageous enterprises and cultivate high-quality enterprises. In view of the current situation of low industry concentration rate and low technology added value, the guiding opinions propose to encourage enterprises to optimize the allocation of production factors through merger and reorganization, and speed up business process reengineering and technology upgrading. Support leading enterprises to gather high-quality resources such as technology, brands, channels and talents, enhance the leading power of the supply chain, and provide common technology output and overall industrial chain solutions for the garment, home textile and industrial textile industries. Promote the financing and development of large, medium and small enterprises, and cultivate specialized, special and new “little giant” enterprises and individual champion enterprises.
Deepen cross industry exchanges and cooperation and expand the development space of the textile industry. During the 13th Five Year Plan period, the proportion of industrial textile fiber processing in China’s total textile fiber processing increased from 25.3% to 33%. Industrial textiles such as spacesuits, deep-sea ropes and cables, masks and protective clothing have made important contributions to national key projects and covid-19 epidemic prevention and control. The guiding opinions put forward eight key development areas: high-quality nonwovens, textiles for safety protection and emergency rescue, high-performance textiles for aerospace, textiles for marine industry and fishery, textiles for medical and health care, textiles for transportation, textiles for geotechnical construction and textiles for filtration. It aims to promote the industrial textile industry to strengthen collaborative innovation and accelerate the research and development of high-performance products, Actively expand the application of industrial textiles in new fields and promote the high-quality development of industrial textiles industry.
Focus on key development areas and be optimistic about industry leading enterprises. The continuous introduction of policies is conducive to the healthy development of the industry. Nonwovens and medical and health textiles are key development areas during the 14th Five Year Plan period. It is suggested to pay attention to Winner Medical Co.Ltd(300888) ( Winner Medical Co.Ltd(300888) . SZ).
Market review (April 18-april 22):
Among the Shenwan level industries, the light industry manufacturing industry fell by 4.40% this week, ranking 16th among Shenwan’s 31 level-1 industries, underperforming the market. Among the sub sectors, the cultural and entertainment products sector performed better, down 1.08%, and the paper sector performed poorly, down 5.68%; The textile and clothing industry rose 4.09% this week, ranking first among Shenwan’s 31 primary industries, outperforming the market. Among the sub sectors, the jewelry sector fell 2.94%, the textile manufacturing sector rose 4.85%, and the clothing and home textile sector rose 5.81%.
Industry data tracking:
Furniture: the price of TDI this week is lower than that of last week, and the price of MDI is higher than that of last week.
Papermaking: according to Zhuo Chuang information, in terms of pulp, on April 22, the market price of coniferous pulp was 729554 yuan / ton, up 2.39% from last Friday; The market price of broad-leaved pulp was 602500 yuan / ton, up 0.23% from last Friday; The market price of natural color pulp was 649167 yuan / ton, down 0.13% from last Friday; The market price of chemical mechanical pulp was 548333 yuan / ton, unchanged from last Friday. In terms of packaging paper, on April 22, the market price of corrugated paper was 381875 yuan / ton, up 0.16% from last Friday; The market price of white cardboard was 644000 yuan / ton, down 0.16% from last Friday. In terms of cultural printing paper, on April 22, the market price of double offset paper was 621250 yuan / ton, down 0.40% from last Friday; In terms of household paper, the market price on April 22 was 700000 yuan / ton, down 0.12% from last Friday.
Textile and clothing: on April 22, the price of cotton was 2251769 yuan / ton, down 0.03% from last week; The price of yarn has increased, and the price of polyester has increased.
Investment strategy:
Recently, the policy margin of the real estate industry has been relaxed. We believe that we can pay attention to the home sector in the near future. It is suggested to pay attention to [ Oppein Home Group Inc(603833) ], [ Suofeiya Home Collection Co.Ltd(002572) ]; It is suggested to pay attention to [ Jason Furniture (Hangzhou) Co.Ltd(603816) ], [ Xlinmen Furniture Co.Ltd(603008) ].
Risk tips: raw material price fluctuation risk and exchange rate fluctuation risk.
