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Data analysis of textile industry from January to April!
From January to April 2020, the industrial added value of enterprises above the designated size in China's textile industry decreased by 11.3% year-on-year, which was narrowed by 5.2 percentage points from the decrease in the first quarter. Among them, the industrial textile manufacturing industry continued to surge due to the continuous increase in demand for anti-epidemic products. The value showed a rapid growth of 33.8%.
From January to April, the output of yarn, cloth, chemical fiber and clothing decreased by 20.9%, 29.1%, 5.0% and 11.4% respectively year-on-year.
Guangdong Modern High-tech Fiber Co., Ltd. is a manufacturer specializing in the R&D, production and sales of polypropylene fibers. Last year, various specifications of PP yarns exceeded 24,000 tons, and it has become the largest domestic manufacturer of PP yarns.