- Signals for the recovery of the foreign trade textile market
- Entering May, although most companies still indicated that orders had decreased significantly year-on-year, some companies began to slowly get on track. According to customs data, total exports of textiles and apparel in the first quarter were USD 47.88 billion, down 17.8% year-
- May 28, 2020
- The lowest cotton price in 2020 in nearly ten years
- The recent recovery of U.S. exports, the increase in domestic downstream textile companies’ work load, and the slight improvement in overseas orders have helped cotton prices to rebound. However, it cannot be ignored that the current cotton price is still in the downward channel. Overall,
- May 28, 2020
- Prosperity Report of China’s Cotton Textile Industry in April 2020
- The cotton textile prosperity index in April 2020 was 46.51, a decrease of 5.31 compared with March. As the pace of resuming production and business in China continues to accelerate, the order of domestic economic operations is being restored in an orderly manner, and the consumer market i
- May 28, 2020
- NPC deputies and CPPCC members put forward suggestions for the textile industry
- At the two sessions this year, NPC deputies and CPPCC members from the textile industry proposed policy recommendations on the restoration of industrial ecology, protection of industrial safety, and consolidation of industrial status. Increase guidance and support for the develo
- May 28, 2020
- Italian textile machinery: Orders in Q1 declined significantly
- A few days ago, the ACIMIT released the textile machinery order index for January - March 2020, which was 72.2 (base: 2015 = 100). It is reported that the index fell 31% compared with the same period last year. Italian textile machinery manufacturers have performed poorly on new o
- May 27, 2020
- Survey shows U.S. apparel industry’s revenue to grow in 2020
- A new forecast by the Institute for Supply Management published in the ‘Spring 2020 Semiannual Economic Forecast’ indicates that in the U.S. manufacturing, revenue, capital expenditures and utilization are all expected to contract substantially this year due to the coronavirus pandemic.
- May 27, 2020
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