Operation Analysis Of Silk Industry In The Third Quarter Of 2010

According to the statistics of 3484 national silk industry enterprises,

Table 1:2010 profit of silk industry in 1~8 (10000 yuan)

Silk merchandise exports continue to pick up

According to customs statistics, the export of silk products in 2010 1~8 was 2 billion 100 million US dollars, up 9.83% over the same period last year.

Of which, the export of silk products was 12600 tons, down 15.16% compared to the same period last year, and the export amount was 390 million US dollars, an increase of 22.26% compared with the same period last year, and the unit price increased by 44.14% over the same period. The export value of silk silk fabrics was 610 million US dollars, up 24.42% over the same period last year, and the export volume was 176 million meters, up 3.06% over the same period last year, and the unit price increased by 20.91% over the same period.

Judging from the monthly export value of the whole silk products, the 4~8 month showed a slow recovery trend, but not much, while the larger silk clothing exports still fluctuated at a low level, indicating that the export trend of silk commodities is still uncertain.

Figure 2:2010 export of silk garments in 1~8, 2009

From the top ten export provinces and cities, five provinces (cities) of traditional silk export have increased to a certain extent in Zhejiang, Jiangsu, Guangdong, Shanghai and Sichuan, and the largest increase in Jiangsu is 19.53%, which is 310 million 355 thousand US dollars.

In addition, Shandong, Qinghai and Beijing showed a good growth momentum in the export of silk goods, which increased by 51.01%, 44.56% and 26.27%, respectively, 9993.2, 1568.9 and 2591 US dollars respectively.

Figure 3:2010 main market situation of silk goods export in 1~8

The number of countries or regions in the serial number is%.

1 US 46299.65-0.58

2 India 30427.5016.66

3 Italy 20911.2736.98

4 Japan 17020.316.48

5 14218.587.52, Hongkong, China

6 Pakistan 8535.4718.38

7 Germany 7820.938.04

8 Korea 7504.446.24

9 6854.47-15.8, UK

10 France 6587.1911.54

From the perspective of export market, Italy and India increased significantly in the traditional main selling market of silk products, reaching 36.98% and 16.66% respectively. The market of Japan and China's Hongkong also showed a certain increase.

The first silk market in the United States decreased by 0.58% compared with the same period last year, and the UK dropped by 15.8%. This shows that the demand for silk goods in the European and American markets is still in the doldrums. The demand for India and Pakistan in the past two years has been relatively stable, and has maintained a relatively large growth, which has played an important supporting role in boosting the export of China's silk goods.

On the whole, the impact of the slow recovery of the world economy has witnessed a revival in the global textile industry, and the consumption of international silk goods has gradually increased. This has led to a resumption of China's silk exports.

However, we must see that this increase is largely due to the overall rise in export prices, especially the price of raw silk and silk fabrics has increased substantially. If we consider the depreciation of the US dollar, the export of silk goods has not yet recovered to the same level before the international financial crisis.

High price of cocoon silk

Chart 4:2009 January September 2010 dry cocoon price chart

This year, cocoon silk prices continued to rise steadily on the basis of 2009.

In September, driven by soaring prices of cotton and sugar, the price of dry cocoon and raw silk (grade 3A) rose rapidly and hit a new high in recent years, reaching 103 thousand and 100 yuan / ton and 342 thousand and 900 yuan / ton respectively (Jiaxing trading market data), rising 18.8% and 34.9% respectively, compared with the beginning of the year, reaching 210.8% and 208.2% respectively, which is close to the highest level in history.

Industry development still faces challenges

Judging from the operation of the whole industry, the industrial economy in the first three quarters of 2010 has been running smoothly, and production and exports have shown a recovery growth trend. However, judging from the current macroeconomic situation at home and abroad, the uncertainties still exist, and the industry development still faces many challenges.

First, the cost of all kinds of factors has entered a period of rising. Labor, energy, resources, pportation and environmental protection costs continue to rise, making the production and operation pressure and business risk of enterprises significantly increased.

Two, since the resumption of the exchange rate reform in June this year, the RMB has entered a fast appreciation channel against the US dollar and the euro, making the cost of silk exports increasing.

Three, enterprises are generally worried about the export instability expectations, and are affected by exchange rate fluctuations. In order to deal with the instability of the internal and external markets, export processing enterprises, especially labor-intensive silk enterprises, have been afraid to undertake large single and long bills, so that many enterprises can not operate at full capacity, and their capacity has not been effectively played.

The four is the continuous increase in the reserve requirement ratio of banks since the beginning of this year, which has increased the difficulty of financing. Most of the silk companies are small and medium-sized enterprises, which are more difficult to finance, resulting in difficulties in capital turnover and affecting the normal operation of enterprises.

Five, at present, the price of cocoon silk has been running at a high level, and enterprises will always face the operational risks brought by price adjustment.

From the above point of view, in the face of the current complex situation, "adjusting structure and promoting upgrading" is the primary task facing the development of cocoon silk enterprises. Enterprises should pay more attention to adjusting product structure, increasing added value of products, continuously improving their core competitiveness, and effectively passing the price of cocoon Silk raw materials through their own efforts. At the same time, we need to further expand the domestic demand market, consolidate export markets and pay close attention to the price changes of raw materials, so as to avoid risks of market fluctuation and promote stable and healthy development of the industry.