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What is the demand facing the textile industry?

The current international epidemic is spreading rapidly, and the textile industry, especially small and medium-sized textile enterprises, reflects some difficulties.

First, there is insufficient demand. From the domestic perspective, the retail sales of apparel, shoes, hats and needle textiles in units above the domestic market in January-February decreased by 31% year-on-year; from an international perspective, a large number of export orders have been delayed or cancelled since March, and new orders Also significantly reduced.

The second is that the industry's steady employment pressure is increasing, and the pressure of order reduction is being transmitted upstream along the industrial chain, which will have an impact on the normal operation of the textile industry's industrial chain, and the industry's employment situation tends to be severe.

The third is that the company reflects the shortage of funds. Affected by the decline in orders and refunds, the inventory backlog of raw materials and finished products of textile companies has increased. Especially in the chemical fiber industry, due to the continuous production cannot be stopped, it is facing great inventory pressure and the amount of capital is also increasing.

Guangdong Modern High-tech Fiber Co., Ltd. is a manufacturer specializing in R & D, production and sales of PP yarns. Since its establishment, it has developed steadily. At present, it has established more than 70 polypropylene FDY production lines, 8 POY production lines, and 2 DTY production lines. There are several production and research and development equipments. Last year, PP yarns of various specifications exceeded 24,000 tons, becoming the largest PP yarn manufacturer in China.