The manufacturing PMI in October was 51.4%, which was in the expansion range for eight consecutive months.

The recovery of some traditional manufacturing industries has accelerated, and the production index and new order index of industries such as textiles and chemical fibers have increased to varying degrees from the previous month. In addition, the raw material purchase price index and ex-factory price index of textile, chemical raw materials and chemical products industries have increased significantly.

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, more than 70 polypropylene FDY production lines, 8 POY production lines, 2 DTY production lines, 12 BCF production lines, and several other production research and development equipment have been established. The PP yarn of various specifications was nearly 30,000 tons last year , Has become the largest PP yarn manufacturer in China.