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Dongyi Plastics

2021-07-28 02:51:42
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The profit level of 801 million yuan in the first half of the year did not give the hose tape industry peace of mind. Printing tape Out of concerns about unfavorable factors such as the slowdown in economic growth that inhibits market demand, the release of concentrated production capacity, intensified industry competition, and malicious price cuts disrupting the market, the hose tape industry expects that the annual product output will increase moderately, and the growth rate will remain at about 10%. . But it is not easy to maintain profit margins, and the market has already felt the coolness. This is the information obtained by the reporter from the 8th Second Member Congress of the Rubber Pipe Tape Branch of the China Rubber Association and the Rubber Pipe Tape Information and Technology Forum that ended on September 28.


According to statistics from the Rubber Tube and Tape Branch of the China Rubber Industry Association, in the first eight months of this year, 52 key enterprises completed a total industrial output value of 14.138 billion yuan, an increase of 8.17% year-on-year; sales revenue was 13.341 billion yuan, an increase of 8.28% year-on-year; the output of the leading product conveyor belt 221 million square meters, an increase of 7.5% year-on-year; the output of hoses was 57,195,600 B meters, a year-on-year decrease of 13.5%; the output of V-belts was 1.029 billion A meters, a year-on-year increase of 10.64%. However, the exports of the three major products of conveyor belts, hoses, and V-belts all showed a downward trend year-on-year.


Meng Fanyou, chairman of the Hose Tape Branch of China Rubber Industry Association and chairman of Fuxin Huanyu Rubber (Group) Co., Ltd., told reporters: “From a numerical point of view, the profit level of 801 million yuan is not bad, with a large year-on-year increase, but this is mainly It is because the price of rubber and other raw materials has fallen, which has reduced the production cost of the hose and tape industry and freed up profit margins. At present, the prices of raw materials have basically bottomed out, and this benefit exists."


According to his analysis, the total economic output of the hose and tape industry will continue to grow steadily this year, but the growth rate has slowed down and the profit margin is small. On the one hand, the downward pressure on the domestic and foreign economies has increased, and the demand for hose tape in the market is not prosperous. Internationally, the European debt crisis has not ended, the US economic recovery is weak, the development of emerging economies has slowed, economic uncertainties have increased, and the next few years will experience a long-term downturn. In such a global economic environment, the export trade of hose tape will be severely affected. However, the domestic economic growth is not motivated, investment is reduced, and demand is weak, and the demand for hose tape is also sluggish. In the first half of the year, coal consumption was 1.97 billion tons, an increase of 2.8% year-on-year, and the growth rate dropped by 6.6 percentage points year-on-year; the iron and steel industry's prosperity was low, and domestic large and medium-sized steel companies realized a year-on-year decline in profits of 94.26% year-on-year; cement manufacturing achieved a total profit A year-on-year decrease of 51.4%. From the current point of view, this situation will hardly get better in the second half of the year.


On the other hand, newly-built tape companies have been increasing in recent years and their production capacity has expanded significantly, which will further intensify market competition. In the past two years, more than 10 large-scale enterprises have been newly built or put into production one after another. There are hundreds of steel wire rope production lines, and there are more than 50 steel wire rope production lines in Shandong. What is more noteworthy is that in the current state of oversupply in the hose and tape industry, the investment enthusiasm is still unabated. There are still companies switching to or expanding conveyor belts or hose products. Some companies in Shandong have invested in building more than a dozen conveyor belts at a time. The production line puts greater pressure on the domestic market, which is already relatively overcapacity.


Meng Fanyou also emphasized: “At present, the quotations in the field of hose tape products in China can generally follow the laws of the market, and adjust product prices in a timely manner according to market conditions to maintain the normal profitability of the company. However, some companies, in order to gain a place in the market, Malicious price cuts and auctions have led to vicious competition among companies. Even some companies’ quotations have disrupted the market order. For export products, because of the large gap in quotations between companies, Indonesia held an investigation hearing on safeguard measures against China’s rubber conveyor belts and V-belts at the beginning of this year. In June, Argentina opened a counter-investigation on China’s export conveyor belts. These trade frictions will make foreign trade worse and should cause concern and reflection."


The reporter learned from interviews with upstream raw material suppliers that at present, the hose and tape industry has uneven cold and heat, high technical level, and flexible marketing strategies. There are too many orders for companies with flexible marketing strategies. However, many companies have almost no orders, intermittently stop production, and even It has been shut down for a long time and has already felt the coolness of the market.

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