Analysis of the development trend of the textile industry in 2020!

In 2019, the prosperity of the textile industry is generally in the expansion range, and the prosperity index of the textile industry in the fourth quarter of 2019 is 55.2. The prosperity and production of the industry in 2019 are basically stable, and the prosperity of the textile industry is generally in the expansion range.

In 2020, the external situation facing the Chinese textile industry will become more complex and severe, the global spread of the new crown epidemic, the complex situation of increasing global economic risk points and domestic structural problems still exist.

The new crown pneumonia epidemic not only caused domestic economic losses to textile companies, but also exposed them to the loss of foreign trade orders and increased international competition.

Ningbo Dazhong Chemical Fiber Industrial Co., Ltd. annually produces 15,000 tons of various colored PP yarns, PP POY yarns, polypropylene general-strength yarns, PP FDY yarns, and 25,000 tons of polyester staple fibers of various specifications from 1.5D to 13D.