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It is obvious to see the difficulty of the industry when spinners with strong financial strength in Chengle of Fujian province united to cut production by 50% previously. Spinners in other areas have almost reached a tacit agreement as some of them shut down the lines after running out of raw materi
In Jan-Feb of 2022, rayon yarn export of China slips year on year. The export of single yarn declines much, while that of ply yarn and rayon blended yarn improves much on yearly basis. There are great changes in the export structure in terms of destination as the share of Brazil drops much. Since th
Chennai: Import of viscose yarn has shot up close to 200 per cent since May as China and Indonesia are dumping cheaper yarn into the Indian market. The industry is in a catch-22 situation while demanding increase in duties to check heightened imports, as it would work against the competitiveness in
Market participants described China textile market as "very disappointing" in 2019. "Gold Oct and silver Sep" that was eagerly awaited was discounted. Although demand improved, both the price and the orders shrank too much. Amid approaching late-Oct, it's been a month since the market improved somew
