Brief analysis of the development trend of the textile industry from January to October!

In 2019, the textile industry is facing a complex and changing economic and trade situation, and uncertain factors are intertwined, bringing multiple tests for the high-quality development of the industry.

From January to October, the textile industry's production increased at a low rate, the efficiency declined, the investment tended to be cautious, the growth rate of the domestic demand market slowed down, and foreign trade exports faced some pressure.

The pressure of the economic and trade situation has pushed the industry to accelerate its transformation and upgrading, and the company's awareness of crisis and innovation has been further strengthened.

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, 2 DTY production lines, and several other production research and development equipment. In the previous year, various specifications of PP yarns exceeded 24,000 tons, which has become the current domestic practice Manufacturer of PP yarns with large output.