Some emerging industries gradually emerging signs of over-expansion of production capacity, such as new energy vehicles lithium battery copper foil.
With the deepening of the de-capacity policy and tight environmental constraints, the prices of bulk raw materials such as copper, rare earth, chemical dyes and paper products have risen sharply in recent years. The trend of "big Hengda" in many industries has been increasingly strengthened. The industry downturn Be improved, production capacity to obtain clear initial results.
According to a survey conducted by the Economic Information Daily reporter, upstream enterprises in some emerging industries showed signs of 'virtual heat' and profits in middle and lower reaches of the industry were squeezed. "Insiders warned that to promote the spiraling industry, the ' Improve the threshold of emerging industries, vigilance backward production capacity expansion disorderly.
Some raw materials prices continued to rise
Since the beginning of this year, the prices of raw materials such as copper, rare earth, tungsten and other non-ferrous metals, as well as cement clinker, chemical dyes and hydrolyzate materials have continued to rise. In this context, the profits of the upstream enterprises in related industries have increased substantially and their revenue has greatly improved. Little business turnaround.
'Now the price of hydrolyzed materials is the highest in the history of the market, reaching 30,000 yuan / ton, up 50% over last year, sales revenue has exceeded 400 million yuan for 2 months in a row.' Jiangxi Blue Star Spark Co., Ltd. Party committee Du Yanqing, secretary, said that the annual sales plan of 3 billion yuan has been completed ahead of schedule.
Like hydrolyzed feed, the price of clinker used in the production of cement is also soaring. "Zhang Cun-kun, Executive Director of Asia Cement (China) Holding Co., said: 'At present clinker has risen to 340 yuan / ton, even more expensive than cement In short supply, coal costs have also risen by 30% -35%.
Jiangxi ICBC statistics show that from January to September this year, the province's copper, rare earth, tungsten industry and key enterprises are double-digit high-speed growth, of which tungsten concentrate prices in September rose 70.6%, up to 120,000 yuan / ton. Jiangxi Province, the letter is expected in the fourth quarter of these three major industries will continue to grow.
Some business people reflect that the current price of raw materials has obvious rally. First, the overall production capacity has been reduced. Second, due to environmental protection efforts, some small scattered enterprises have been cleared of production capacity. Zhang Zhenkun, an example, only 2,000 tons Small cement plant shut down, it will bring about 500 million tons of low-grade cement production capacity to be eliminated, accounting for 12.5% of the country's total cement capacity.
The traditional industry trend of integration
According to a survey by the Economic Information Daily reporter, the prices of bulk raw materials have been restored. Some leading enterprises in the traditional industries extend downstream to carry out the whole industrial chain layout and enhance their ability to cope with industry fluctuations. Some also take the opportunity to expand production and increase market share The trend of industrial consolidation has been strengthened and the structural adjustment of the economy has continued to move forward.
'We not only keep the upper reaches, but also to the downstream extension, strive to 2020, Spark downstream silicone products reach 1,000 species.' Jiangxi Blue Star Spark Silicone Co., Ltd. ranked first in Asia monomer production capacity, Du Yanqing said, Although the soaring price of silicones, but the company does not intend to invest in equipment expansion.
Cement jacquard production capacity ranks 10th in the country of Jiangxi Yadong Cement Co., Ltd., is also planning to 'go downstream' mergers and acquisitions gradually face the survival of ready-mixed concrete enterprises.In addition, the company is still continuing to improve product quality and Benefit, producing high grade cement.
Some industry leaders to expand strategy .This year, LED chip prices rose rapidly, but more than small and medium-sized SMEs wait and see attitude, manufacturers have to expand production capacity.For example, San An Optoelectronics Co., Ltd. semi-annual communique shows that the first half of 2017 At present, the company has been actively working to expand production capacity, communicate with equipment manufacturers, deliver the remaining equipment as soon as possible, install, commission and put into production as soon as possible to meet the needs of customers as much as possible.
Xiamen Gansu Photoelectric Co., Ltd. released the semi-annual communique also shows that from January to September 2017, the company chip product production capacity to further improve, a significant increase in chip production year on year, product unit costs declined, gross profit margin increased rapidly.
Analysis of the person in charge of crystal photovoltaic (Jiangxi) Co., Ltd. analysis, small factory wait and see is due to the long cycle of chip production cycle, worry about the price drop after the expansion too fast.Nanchang ICBC LED industry research report pointed out that the country now The range of chips in the normal production of only more than 20 companies, the future may only 35 remaining.
Low-end production overheating signs
Insiders reminded to promote the industry 'spiral' to be strictly enforced 'to capacity' policy to raise the threshold of new industries, vigilance out of orderly expansion of backward production capacity. "Economic Information Daily reporter learned that, in the traditional industry is becoming more rational , Some new market trends should also attract attention.
First, some emerging industries gradually emerging signs of over-expansion of production capacity, such as new energy vehicles lithium battery copper foil.
According to the survey conducted by China Electronic Materials Industry Association Electronic Copper Foil Branch Secretariat on the status of domestic copper foil production lines in the field of new energy and electric vehicles in the country this year, 22 major domestic enterprises have added 15.02 million tons of related copper foil annually at the end of 2017. New The scale of production increase is more than 80,000 tons more than the forecast of 69,000 tons in 2016.
'From the current situation, the incremental demand for lithium-ion copper foil in the field of new energy electric vehicles this year may only reach 100,000 tons, there is an excess risk in the ordinary copper foil production capacity in this area.' 'General Manager, JETCO Copper Foil Company Xiao Bingrui said that there is a lag in market judgments, the expansion of lithium-related copper capacity faster.
Second, the rapid rise in raw material prices led to lower profit margins in midstream and downstream enterprises, the stability of the whole industry chain is affected.
Jiujiang Hengtong Automatic Controller Co., Ltd. Wan Donggen, executive vice president, said the temperature controller for the production of copper, stainless steel, plastic particles and other raw materials prices, the direct impact of the formation of squeezed corporate profits from last year's 38,000 copper Yuan / ton rose to 50,000 yuan / ton, stainless steel rose from 16,000 yuan / ton to 22,000 yuan / ton, the price of plastic particles also rose 40%.
To avoid price increases, we have to use alternative materials, such as galvanized instead of stainless steel, the thermostat copper base into an iron base, even so the cost is still up 3%, but at the same time, product properties such as corrosion resistance will Have been affected. "Wandong root said the company's profit margin dropped from 5% to 3%, 'cost pressures, layers of conduction, the smaller the more difficult business survival.'
Yu Xi, general manager of Ganzhou Fuer Te Electronics Co., Ltd., which produces and manages rare earth permanent magnetic materials, also said that due to the excessive price rise of some rare earth metals in the first half of the year, some midstream and downstream enterprises are also considering the use of rare earth permanent magnet materials with inferior quality replacement product.
For example, the price of paper goes up too fast this year, and the price of packaging materials is also a day's price. Paper makers can not take too many orders and the downstream enterprises can not buy it. This is not normal, "said Wan Donggen.
Related insiders believe that at present, we should take the opportunity to resolve excess capacity as an opportunity to further promote environmental protection, quality, safety and other aspects of the system reform, new production capacity to be strictly examined and approved to avoid the formation of low-end production in the emerging industries hot and cold.
