安信消費(fèi)一周看圖2023W36：水刺無(wú)紡布其實(shí)一點(diǎn)都不陌生 20230908

其實(shí)一點(diǎn)都不陌生分析師張立聰S1450517070005S1450518120001趙國(guó)防S1450521120008羅乾生S1450522010002S1450522030005李奕臻S1450520020001韓星雨S1450522080002S1450521070002陳偉浩S1450523050002馮俊曦S1450520010002S1450522110001連國(guó)強(qiáng)S1450523020002邢樂(lè)涵S1450523010001陸偲聰S1450522100001胡家東聯(lián)系人S1450122020044王玲瑤S1450523070003侯雅楠、萬(wàn)雨萌、夏心怡、都春竹紡織服裝行業(yè)分析師陸偲聰：工藝類型工藝細(xì)節(jié)應(yīng)用領(lǐng)域特點(diǎn)醫(yī)用衛(wèi)生材料過(guò)濾材料美容護(hù)膚用品材料醫(yī)用衛(wèi)生材料過(guò)濾材料美容護(hù)膚用品材料清潔材料工業(yè)基布材料包裝材料衛(wèi)生材料汽材過(guò)濾材料1.應(yīng)用領(lǐng)域更為廣泛，產(chǎn)品門類豐富2.透氣、柔軟、輕質(zhì)、抗菌、環(huán)保1.產(chǎn)品強(qiáng)度高、不起毛2.介于紡織品、紙張、塑料片之間3.產(chǎn)品種類相對(duì)單一。水刺法形成的水針（0.08-0.12mm)穿刺，使纖維相互纏結(jié)紡粘性以熱塑性高分子（PP、PET）化合物為原料，紡粘性經(jīng)熔融、紡絲、牽伸后用熱軋的方法將纖維進(jìn)行固結(jié)，形成片狀的纖維材料多層纖網(wǎng)牽伸后送入預(yù)針刺機(jī)，經(jīng)若干次密多層纖網(wǎng)牽伸后送入預(yù)針刺機(jī)，經(jīng)若干次密皮革基布1.工藝路線短布于針板的針機(jī)進(jìn)行高頻機(jī)械穿刺，使纖維土工布2.產(chǎn)品克重高、強(qiáng)度大無(wú)規(guī)則地交織成非織造布過(guò)濾材料3.加工成本低。針刺法化學(xué)粘合法分浸漬法、噴膠法、熱熔法等。該工藝由干法梳理成網(wǎng)，采用施加化學(xué)品或添加低溶點(diǎn)纖維而進(jìn)行相互粘合填充料1.工藝相對(duì)簡(jiǎn)單、生產(chǎn)成本相對(duì)低熱粘合法以線直鋪的方式，在纖網(wǎng)表面進(jìn)行點(diǎn)接觸高溫?zé)釅杭庸?，在纖網(wǎng)上形成點(diǎn)狀的熱粘合衛(wèi)生材料1.產(chǎn)品衛(wèi)生性能指標(biāo)好2.能生產(chǎn)超低克重產(chǎn)品，但規(guī)格相對(duì)較少。嬰兒濕巾洗臉巾消毒濕巾濕廁紙衛(wèi)生巾表層材料15080%40%2018201920202021202215080%40%2018201920202021202220182019202020212022402002017201820192020202120228%6%4%2%中國(guó)美國(guó)韓國(guó)全球英國(guó)德國(guó)日本76543210?原材料以粘膠纖維和滌綸纖維為主，粘膠占比越高，質(zhì)地越柔軟，價(jià)格更高?水刺布噸價(jià)是各級(jí)別水刺無(wú)紡布的平均價(jià)格，常規(guī)水刺無(wú)紡布的噸價(jià)會(huì)更低?考慮各項(xiàng)生產(chǎn)成本，常規(guī)水刺無(wú)紡布價(jià)格或已在成本線徘徊，迫使低附加值產(chǎn)能出清，頭部企業(yè)集中度有望提高80004000原材料人工制造費(fèi)用6%76%4%0%-2%-4%-6%-8%4%0%-2%-4%-6%-8%軍工金融本周杭州解百上漲23.8%4003503002502000現(xiàn)貨價(jià)格3個(gè)月期貨價(jià)格2022012022022022032022042022052022062022072022082022092022102022112022122023012023022023032023042023052023062023072023082023092020-042020-062020-082020-102020-122021-022021-042021-062021-082021-102021-122022-022022-042022-062022-082022-102022-122023-022023-042023-062023-082020-042020-062020-082020-102020-122021-022021-042021-062021-082021-102021-122022-022022-042022-062022-082022-102022-122023-022023-042023-062023-08—全國(guó)整車貨運(yùn)流量指數(shù)2023年9月week1主要城市周平均最高2020/022020/072020/122020/172020/222020/272020/322020/372020/422020/472020/522021/42021/92021/142021/192021/242021/292021/342021/392021/442021/492022/22022/72022/122022/172022/222022/272022/322022/372022/422022/472022/522023/52023/102023/152023/202023/252023/302023/352020/022020/072020/122020/172020/222020/272020/322020/372020/422020/472020/522021/42021/92021/142021/192021/242021/292021/342021/392021/442021/492022/22022/72022/122022/172022/222022/272022/322022/372022/422022/472022/522023/52023/102023/152023/202023/252023/302023/3545%35%25%15% 5% -5%-15%-25%-35%-45%-55%-65%特別調(diào)整2020/022020/072020/122020/172020/222020/272020/322020/372020/422020/472020/522021/42021/92021/142021/192021/242021/292021/342021/392021/442021/492022/22022/72022/122022/172022/222022/272022/322022/372022/422022/472022/522023/52023/102023/152023/202023/252023/302023/352020/022020/072020/122020/172020/222020/272020/322020/372020/422020/472020/522021/42021/92021/142021/192021/242021/292021/342021/392021/442021/492022/22022/72022/122022/172022/222022/272022/322022/372022/422022/472022/522023/52023/102023/152023/202023/252023/302023/3570%50%30%-10%-30%-50%特別調(diào)整4283單位：美元/噸LME3月銅本周小幅波動(dòng)，同比+8.1%單位：美元/噸80006000400020000LME3個(gè)月銅期貨收盤價(jià)（左軸）YoY（右軸）09月07日單價(jià)8265美元去年同期單價(jià)7643美元09月07日單價(jià)8265美元2020-01-022020-03-022020-05-022020-07-022020-09-022020-11-022021-01-022021-03-022021-05-022021-07-022021-09-022021-11-022022-01-022022-03-022022-05-022022-07-022022-09-022022-11-022023-01-022023-03-022023-05-022023-07-022023-09-02100%80%60%40%20%-20%-40%2021-05-162021-07-162021-09-162021-11-162022-01-162022-03-162022-05-162022-07-162022-09-162022-11-162023-01-162023-03-162023-05-162023-07-16單位：美元/噸80%60%2021-05-162021-07-162021-09-162021-11-162022-01-162022-03-162022-05-162022-07-162022-09-162022-11-162023-01-162023-03-162023-05-162023-07-16單位：美元/噸80%60%40%20%-20%-40%-60%4500400035003000250020005000LME3個(gè)月鋁期貨收盤價(jià)（左軸）YoY（右軸） 去年同期單價(jià)2237美元09月07日單價(jià)2178美元2020-05-162020-07-162020-09-162020-11-162021-01-162021-03-162020-01-0209月08日中間價(jià)7.2去年同期中間價(jià)6.92020-01-0209月08日中間價(jià)7.2去年同期中間價(jià)6.9美元兌6.8人幣間6.02020-03-022020-05-022020-07-022020-09-022020-11-022021-01-022021-03-022021-05-022021-07-022021-09-022021-11-022022-01-022022-03-022022-05-022022-07-022022-09-022022-11-022023-01-022023-03-022023-05-022023-07-022023-09-02滬深港通持股占流通A股比例（%）252050格力電器海爾智家海信視像TCL科技格力電器海爾智家海信視像TCL科技2020-03-022021-01-022021-03-022021-05-022021-07-022021-09-022021-11-022022-01-022022-03-022022-05-022022-07-022022-09-022022-11-022023-01-022023-03-022023-05-022023-07-022023-09-02滬深港通持股占流通A股比例（%）2020-03-022021-01-022021-03-022021-05-022021-07-022021-09-022021-11-022022-01-022022-03-022022-05-022022-07-022022-09-022022-11-022023-01-022023-03-022023-05-022023-07-022023-09-02滬深港通持股占流通A股比例（%）蘇泊爾科沃斯石頭科技老板電器蘇泊爾科沃斯石頭科技864202020-01-022020-05-022020-07-022020-09-022020-11-022020-01-022020-05-022020-07-022020-09-022020-11-02美的集團(tuán)格力電器外持占自由20流股例例%5)2020-01-092020-02-142020-03-132020-04-132020-01-092020-02-142020-03-132020-04-132020-05-142020-06-112020-07-132020-08-102020-09-072020-10-132020-11-102020-12-082021-01-062021-02-032021-03-102021-04-082021-05-112021-06-082021-07-072021-08-042021-09-012021-10-082021-11-052021-12-032021-12-312022-02-072022-03-072022-04-062022-05-092022-06-072022-07-052022-08-022022-08-302022-09-292022-11-032022-11-302022-12-282023-02-022023-03-022023-03-302023-04-282023-05-312023-06-302023-07-282023-08-258877-6-7-10%-3%89AO史密斯-7%-171-66-178-66-7%-15-18-1%-7%999766子行業(yè)周漲跌幅（2023.9.4—2023.9.8）0.0%-0.5%-1.0%-1.5%-2.0%-2.5%-3.0%-3.5%SW中藥SW生物制品SW醫(yī)藥商業(yè)SW醫(yī)療器械SW中藥SW生物制品SW醫(yī)藥商業(yè)SW醫(yī)療器械SW化學(xué)制藥中藥材價(jià)格指數(shù)（2020-2023年）35周南方省份流感病毒標(biāo)本陽(yáng)性率4.10%，較上南方省份流感病毒陽(yáng)性標(biāo)本檢測(cè)結(jié)果（例，截至2023年9月8日）甲型（H1N1）A（H3N2）陽(yáng)性率陽(yáng)性數(shù)YamagataVictoria甲型（H1N1）A（H3N2）陽(yáng)性率陽(yáng)性數(shù)4500400035003000250020005000450000%400000%350000%300000%250000%200000%150000%100000%50000%0%第1周第7周第13周第19周第25周第31周第37周第43周第49周第3周第9周第15周第21周第27周第33周35周北方省份流感病毒標(biāo)本陽(yáng)性率0.30%，較上北方省份流感病毒陽(yáng)性標(biāo)本檢測(cè)結(jié)果（例，截至2023年9月8日）YamagataVictoriaB未分系A(chǔ)(unsubtyped)甲型（H1N1）A（H3N2）陽(yáng)性率陽(yáng)性數(shù)400035003000250020005000400000%350000%300000%250000%200000%150000%100000%50000%0%第1周第7周第13周第19周第25周第31周第37周第43周第49周第3周第9周第15周第21周第27周第33周HPV疫苗批簽發(fā)批次（截至2023年9月5日）0肺炎疫苗批簽發(fā)批次（截至2023年9月5日）0重點(diǎn)狂犬疫苗批簽發(fā)批次（截至2023年9月5日）0國(guó)產(chǎn)白蛋白批簽發(fā)批次（截至2023年9月5日）80060040020002011年2012年2013年2014年2015年2016年2017年2018年2019年2020年2021年2022年2023年9月8月7月6月5月4月3月2月靜丙批簽發(fā)保持穩(wěn)定增長(zhǎng)靜丙批簽發(fā)批次（截至2023年9月5日）80060040020002011年2012年2013年2014年2015年2016年2017年2018年2019年2020年2021年2022年2023年9月8月7月6月5月4月3月2月食飲數(shù)據(jù)跟蹤SW預(yù)加工食品SW休閑食品SW啤酒SW食品飲料SW白酒SW預(yù)加工食品SW休閑食品SW啤酒SW食品飲料SW白酒SW調(diào)味發(fā)酵品SW乳品0SW軟飲料近一周漲跌幅(算術(shù)平均)近一月漲跌幅(算術(shù)平均)近一年漲跌幅(算術(shù)平均)50-10-15-202019-01-022019-03-022019-05-022019-07-022019-09-022019-11-022020-01-022020-03-022020-05-022020-07-022020-09-022020-11-022021-01-022021-03-022021-05-022021-07-022021-09-022021-11-022022-01-022022-03-022022-05-022022-07-022022-09-022022-11-022023-01-022023-03-022023-05-022023-07-022019-01-022019-03-022019-05-022019-07-022019-09-022019-11-022020-01-022020-03-022020-05-022020-07-022020-09-022020-11-022021-01-022021-03-022021-05-022021-07-022021-09-022021-11-022022-01-022022-03-022022-05-022022-07-022022-09-022022-11-022023-01-022023-03-022023-05-022023-07-02五糧液貴州茅臺(tái)伊利股份海天味業(yè)五糧液貴州茅臺(tái)伊利股份2520502019/12019/32019/52019/72019/92019/112020/12020/32020/52020/72020/92020/112021/12021/32021/52021/72021/92021/112022/12022/32022/52022/72022/92022/112023/12023/32023/5飛天茅臺(tái)批價(jià)較為平穩(wěn)2019/12019/32019/52019/72019/92019/112020/12020/32020/52020/72020/92020/112021/12021/32021/52021/72021/92021/112022/12022/32022/52022/72022/92022/112023/12023/32023/5茅臺(tái)出廠價(jià)(元)茅臺(tái)一批價(jià)(元)40003500300025002000500普五批價(jià)較為平穩(wěn)9509008508007507002019/12019/32019/52019/72019/92019/112020/12020/32020/52020/72020/92020/112021/12021/32021/52021/72021/92021/112022/12022/32022/52022/72022/92022/112023/12023/32023/52520252050-5-10-15-20-25500450400350300250200500出口金額:家具及其零件:人民幣:當(dāng)月值出口金額:家具及其零件:人民幣:當(dāng)月同比2022-082022-102022-122023-022023-042023-062023-08軟體家具上游TDI國(guó)內(nèi)現(xiàn)貨價(jià)、純MDI現(xiàn)貨價(jià)(元/噸)3500030000250002000050000現(xiàn)貨價(jià):TDI:國(guó)內(nèi)CCFEI價(jià)格指數(shù):純MDI2020-09-072021-03-072021-09-072022-03-072022-09-072023-03-072023-09-07外盤針葉漿、闊葉漿價(jià)格走勢(shì)（美元/噸）9008006005004003002000外盤闊葉漿價(jià)格外盤針葉漿價(jià)格（右軸）80060040020002021-09-072022-01-072022-05-072022-09-072023-01-072023-05-072023-09-07紙品價(jià)格變動(dòng)一覽（元/噸，截至9月8日）5040200上海（浦東+虹橋）桂林兩江機(jī)場(chǎng) 杭州蕭山機(jī)場(chǎng)張家界荷花機(jī)場(chǎng)三亞鳳凰機(jī)場(chǎng) 宜春明月山機(jī)場(chǎng)麗江三義機(jī)場(chǎng)鄭州新鄭機(jī)場(chǎng)西安咸陽(yáng)機(jī)場(chǎng)80%60%40%20%0%2023/3/202023/4/202023/5/202023/6/202023/7/202023/8/202023/2/282023/3/72023/3/142023/3/212023/3/282023/4/42023/4/112023/4/182023/4/252023/5/22023/5/92023/5/162023/5/232023/5/302023/6/62023/6/132023/6/202023/6/272023/7/42023/7/112023/7/182023/7/252023/8/12023/8/82023/8/152023/8/222023/8/292023/9/52023/2/282023/3/72023/3/142023/3/212023/3/282023/4/42023/4/112023/4/182023/4/252023/5/22023/5/92023/5/162023/5/232023/5/302023/6/62023/6/132023/6/202023/6/272023/7/42023/7/112023/7/182023/7/252023/8/12023/8/82023/8/152023/8/222023/8/292023/9/523年國(guó)際航班（包括港澳臺(tái)）架次較19年同期60%55%50%45%40%35%30%25%20%8000600040002000022.0422.0522.0622.0722.0822.0922.1022.1122.1223.0123.0223.0323.0423.0523.0623.0723.08600500400300200020202021202220231/12/13/14/15/16/17/18/19/110/111/112/145040035030025020050020202021202220231/12/13/14/15/16/17/18/19/110/111/112/1 服裝配飾鞋包運(yùn)動(dòng)服飾-戶外服飾200%-100%中國(guó)328棉花-進(jìn)口棉價(jià)差（右軸）進(jìn)口棉價(jià)格指數(shù)中國(guó)32