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Analysis on the operation of the textile industry from January to May!

Looking forward to the whole year, the domestic and international development environment faced by the textile industry is still complex and severe, and risk and challenge factors have increased significantly.

The new crown pneumonia epidemic has caused the global economy to fall into recession. Insufficient demand in the international market is still normal in the second half of the year, and the export situation of the textile industry remains severe.

However, the situation of domestic epidemic prevention and control is gradually improving, and the order of residents’ lives and production is speeding up. The national “six stability” and “six guarantees” policies will help residents ensure employment and stabilize income. The continuous accumulation of various positive factors will provide more for the textile industry. To support favorable conditions for domestic demand, and to provide important guarantees for enterprises to resolve various risks and challenges.

Guangdong Modern High-tech Fiber Co., Ltd. is a manufacturer specializing in the research, development, production and sales of PP yarns. Since its establishment, it has developed steadily. At present, it has established more than 70 PP FDY yarn production lines, 8 POY production lines, 2 DTY production lines, and several other production and research equipment. The polypropylene filaments of various specifications exceeded 24,000 tons last year.