The textile market is still dominated by domestic orders, and the profit compression is relatively serious

Aug 09, 2023

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    Under the current triple impact of high temperature, profit and power-limiting policy, the order situation of superimposed weaving manufacturers is difficult to improve. Most factories still mainly produce winter fabric inventory. It is relatively large, so it is difficult to fully drive the production enthusiasm of the factory. Recently, the price of upstream raw material polyester filament has been relatively stable. Downstream manufacturers are not willing to purchase goods. They mainly consume more pre-stocks. The price of some conventional gray fabrics has dropped again. In the wait-and-see stage, we are waiting for the new domestic and foreign trade orders to be released intensively.

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