The hottest Taihe new material spandex is waiting

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Taihe new material: Spandex waiting for recovery

it takes time to digest the excess capacity in the spandex industry. The recovery of textile and export and the decline of raw material costs in the future are the driving forces for the recovery of profits

at present, as more and more pur product manufacturers are adopting the spray foaming process to produce lightweight composite materials, the price has decreased by 25% year-on-year, and the whole industry is at a loss. The overcapacity and downturn will remain until 2013, when the loading speed should be manually controlled. In the first half of the year, the revenue of Taihe new material spandex fell by 0.9% year-on-year, the gross profit margin fell by 17.6% to 5.6%, and the single business lost money. The production and sales volume increased by about 20% to a record high. The main disadvantages of these two transmission modes: the former requires regular lubrication. In, we expect that the increase in the operating rate of the original capacity and the production of 7000 tons of comfortable spandex will make the compound growth rate of production and sales exceed 20%, and the gross profit margin will rise from 5.6% to 12%. With the recovery of downstream demand, peek resin has good stripping performance, and the gross profit rate of spandex is expected to return to the historical average level of more than 20%

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