From 2014 - 2019, EU’s consumption of nonwoven fabrics recorded a relatively flat trend. The market attained maximum consumption level of $7.6 billion in 2018, before declining slightly in 2019. The figure reflects total revenues achieved by producers and importers excluding their logistic
According to the International Cotton Advisory Committee (ICAC) in its October report, China will lead the global cotton consumption in 2020/21, with consumption expected to reach 7.8 million tons, equivalent to 30% of the global total. India’s cotton consumption is expected to reach 5.1 m
In September, the Purchasing Managers Index (PMI) of China’s manufacturing industry was 51.5%, an increase of 0.5 percentage points from the previous month, indicating that the manufacturing industry has rebounded. In terms of enterprise scale, the PMI of large enterprises was 52.5%, an in
The recent improvement in textile orders is due to the current peak season for foreign trade. Despite the severe pandemic, the overseas consumer market is still operating. According to previous years, the purchase of supplies for Thanksgiving and Christmas brings a large number of orders, an
On October 26, 2020 the 3rd World Textile Merchandising Conference in Keqiao, Shaoxing, Zhejiang kicked off. The theme of this conference is “New Industrial Value, New Textile Contribution - Responsibility of the Textile Industry in Reopening the World Economy”. Based on the purpose of “Win-Win Co
On October 26, one of the major events of the 2020 the 3rd World Textile Merchandising Conference - the Round-table Conference of World-Renowned Enterprises was successfully held in Keqiao. Leaders from the China National Textile and Apparel Council, the Department of Consumer Goods Industry of th