In June, the cotton textile prosperity index was 48.94, the decline narrowed for two consecutive months. This month, the off-season effect of the domestic textile market has gradually emerged, and the pressure on textile enterprises’ orders has increased. In terms of raw materials, in orde
According to the report of the Indian research institute ICRA, the revenue of the Indian cotton spinning industry in 2021 is expected to drop by 25% to 30% year-on-year, and the profit margin will drop by 3% to 4%.
ICRA stated in its July 2020 report on the Indian cotton spi
The Federation of Indian Chambers of Commerce and Industry (Ficci) released a survey report on the 19th. The results of a questionnaire survey of more than 300 large, medium and small manufacturing companies across India showed that despite the closure of many parts of the country, the aut
On July 15, news from Windhoek, Namibia, India and the Southern African Customs Union (SACU) held a virtual meeting on the restoration of the bilateral Preferential Trade Agreement (PTA). SACU is composed of South Africa, Namibia, Botswana, Lesotho, and Eswatini (formerly Swaziland).
Japan has always relied on importing masks and other products from China. Since most mask manufacturers in Japan set up factories in China, when the pandemic broke out, the supply of masks was difficult in Japan, and the risk of concentration of production sites in specific countries has e
A sudden pandemic has brought a halt in business contacts in the global textile industry, but it has also brought new development opportunities for the nonwoven market. From the green and degradable non-woven products, we see the future of sustainable development of the industry. At the beginning