Analysis of the trend of the textile industry!

In 2019, affected by the uncertainty of Sino-US trade relations, the production of the textile industry chain has slowed down, and industry profits have fallen.

From January to October 2019, there were 13,760 companies in the apparel industry above the size (annual main business income of 20 million yuan and above), with cumulative operating income of 130.7 billion yuan, a year-on-year decrease of 0.2%; total profits of 68.5 billion yuan, a 3.4% year-on-year decrease ; Operating income profit margin was 5.24%, a decrease of 0.17 percentage points over the same period of the previous year; clothing production was 20.3 billion, a decrease of 0.8% year-on-year; exports of clothing and clothing accessories were USD 127.2 billion, a decrease of 4.5% year-on-year; the actual investment in the clothing industry decreased year-on-year 0.5%.

Shandong Huimin Zhiwei Chemical Fiber Products Co., Ltd. was established in 2003. After years of hard work, it has developed into a professional large-scale polypropylene chemical fiber company that integrates production and sales of one-stop services. Medium-strength yarn, PP high-strength fiber high-strength polypropylene yarn, polypropylene rope, safety net, polypropylene engineering fiber, polypropylene mesh fiber, polyester fiber.