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Cotton Price Fluctuations Spawn New Opportunities for Acrylic; Antai Textile Leads Industry Development with Diversified Product Matrix

Cotton Price Fluctuations Spawn New Opportunities for Acrylic; Antai Textile Leads Industry Development with Diversified Product Matrix
Li Wei, Head of Marketing
25/07/16

In the magnificent wave of development in the textile industry, there are always enterprises that, with their keen market insight and profound technological accumulation, stand firm at the forefront amid the changes of the times. Antai Textile, located in Zhangjiagang, Jiangsu Province, is such an outstanding enterprise that has been deeply rooted in the acrylic yarn field since 1993. Recently, data from the Ministry of Industry and Information Technology shows that from January to May, the industrial added value of above-scale textile enterprises increased by 3.4% year-on-year, and the output of yarn, cloth, chemical fiber, and clothing of above-scale enterprises increased by 4.9%, 0.2%, 5.5%, and 0.3% year-on-year respectively, with the consumer market showing vitality. This series of positive signals not only demonstrates the resilience and vitality of the industry but also brings new development opportunities for enterprises like Antai Textile.

Facing the current complex and volatile market environment, Li Xiong, Marketing Manager of Antai Textile, deeply feels: 'Since the beginning of this year, we have indeed felt the market recovery, but we have also noticed uncertain factors such as whether the rise in cotton prices can continue and the strong wait-and-see sentiment in the market.' What Manager Li refers to is the recent widespread market concern about cotton price fluctuations. The National Cotton Price B Index was reported at 15,198 yuan/ton on July 11, up 0.7% this week, while the international cotton price M Index has declined. This divergence in domestic and international cotton prices and market concerns about the sustainability of cotton prices have made many downstream enterprises more cautious in raw material selection.

'It is precisely these subtle changes in the market that have brought new growth points for our acrylic products,' Li Xiong further explained. 'As a high-performance synthetic fiber, acrylic is similar to wool in appearance, hand feel, and warmth retention, but has more advantages in cost stability and color diversity. When cotton prices are high or fluctuate greatly, cost-effective acrylic yarn, acrylic sliver, and colorful colored acrylic sliver have naturally become the ideal choice for many textile enterprises and brands seeking stable supply chains and product innovation.' This judgment coincides with the data that China's exports of textile yarns, fabrics, and products reached 58.48 billion US dollars from January to May, a year-on-year increase of 2.5%, showing the competitiveness of chemical fiber yarns including acrylic in the international market.

To accurately seize this market opportunity, the production workshop of Antai Textile presents a busy scene. Director Huang of the Production Department introduced: 'We closely monitor market dynamics and customer needs feedback from Manager Li's team. Recently, orders for colored acrylic sliver and various fancy yarns have indeed increased significantly.' Director Huang stated that the company has long laid out advanced dyeing and spinning processes, enabling it to quickly respond to market demand for small-batch, multi-variety, and high-color-fastness colored acrylic sliver. 'Especially in terms of fancy yarns, our R&D team and production team work closely to continuously launch products that conform to current fashion trends, such as loop yarn, slub yarn, and chenille. These products are not only popular in the domestic market but also perform well in exports, contributing growth momentum to the company.'

Antai Textile's 30-year development history has precipitated not only the expansion of production scale and the enrichment of product lines but also the persistence in technological research and development and the adherence to product quality. From the initial conventional acrylic yarn to the current diversified product matrix covering acrylic yarn, acrylic sliver, colored acrylic sliver, and various fancy yarns, Antai Textile has always been market-oriented and technology-supported. 'Our customers are located at home and abroad, including large clothing brands and small and medium-sized enterprises focusing on characteristic knitting,' Li Xiong said proudly. 'For a long time, we have accumulated a good reputation in the industry by virtue of stable product quality, flexible production scheduling, and professional technical services.'

Looking to the future, although there are still challenges in the global economic environment, and factors such as US tariff concerns may have a certain impact on exports, Antai Textile is still full of confidence in the industry prospects and its own development. Li Xiong said: 'The recent rise of the SW Textile Manufacturing Index and the vitality of the domestic consumer market have sent positive signals. We will continue to leverage our professional advantages in the acrylic field. On the one hand, we will optimize the existing product structure and increase the proportion of high value-added products; on the other hand, we will continue to invest in R&D to explore the possibility of acrylic materials in more application fields, such as industrial textiles.' Director Huang also added: 'We will further improve production efficiency, reduce production costs through intelligent transformation and refined management, ensure a leading position in the fierce market competition, and help the sustainable and healthy development of the entire textile industry with our high-quality products.'

In the critical period of transformation and upgrading of the textile industry, Antai Textile is writing its own wonderful chapter with its keen market sense, solid technological accumulation, and unremitting innovative spirit, and is also contributing 'Antai' strength to the high-quality development of China's textile industry.