Production & export of Zhenjiang dyes industry on the upbeat

05 Sep '08

3 min read

The monthly report on Economic Information and Analysis of the Dye Industry of Zhejiang Province revealed that in July 2008, the industry achieved industrial output value of 1.80588 billion yuan.

While income from sales touched 1.69048 billion yuan, profits and taxes settled at 213.39 million yuan of which profits alone accounted for 154.56 million yuan. Besides export delivery value was recorded at 516.88 million yuan, dye production stood at 36,964 tons and intermediates production reached 5,159 tons.

Moreover, from January to July, total industrial output value was registered at 12.2258 billion yuan, a year on year increase of 48 percent while total sales income fetched 12.15244 billion yuan, marking an increase of 25 percent. Accumulated profits and taxes amounted to 1.37582 billion yuan, reflecting an increase of 46 percent. On the other hand, accumulated profits scored 964.24 million yuan, an increase of 47 percent and export delivery value totaled 2.9262 billion yuan, an increase of 40 percent.

Additionally, the overall accumulated production of various kinds of dyes amounted to 297,161 tons, a surge of 7 percent while dye exports of about 54,969 tons was made which also marked an increase of 7 percent. On the whole exports accounted for about 19 percent of dye sales and production and marketing rate stood at 97 percent.

Again, production of dye intermediate in the period under review totaled 35,180 tons, a rise of 17 percent and sales also indicated a growth of 21 percent with 34,604 tons. Of the total production, about 2,020 tons were exported, representing an increase of 15 percent and accounting for 6 percent of the total sales while production and marketing rate stood at 98 percent.

Similarly, additive output aggregated 41,905 tons in January to July 2008, an increase of 1,475 percent while total sales touched 41,817 tons. Both production and sales rate stood at 100 percent.

July production of pigments was 3,200 tons. From January to July, cumulative output reached 13,827 tons, an increase of 13 percent; cumulative sales marked 13,950 tons, an increase of 14 percent; of which exports totaled 7,342 tons, an increase of 1 percent and production and marketing rate was 100 percent.

It was also observed that in the first seven months of 2008, dye production, sales and export volume in Zhenjiang province increased slightly over last year. Even acidic, reactive and disperse dyes showed slightly larger growth rates over the same period last year while cationic, reactive and sulfur had better demand from export channel.

On the whole, the dyes industry witnessed an upward trend in the first seven months of this year with both production and exports reflecting a positive growth.

Fibre2fashion News Desk - China

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