Analysis of the trend of the textile industry!

In 2019, affected by the uncertainty of Sino-US trade relations, the production of the textile industry chain has slowed down, and industry profits have fallen.

From January to October 2019, there were 13,760 companies in the apparel industry above the size (annual main business income of 20 million yuan and above), with cumulative operating income of 130.7 billion yuan, a year-on-year decrease of 0.2%; total profits of 68.5 billion yuan, a 3.4% year-on-year decrease ; Operating income profit margin was 5.24%, a decrease of 0.17 percentage points over the same period of the previous year; clothing production was 20.3 billion, a decrease of 0.8% year-on-year; exports of clothing and clothing accessories were USD 127.2 billion, a decrease of 4.5% year-on-year; the actual investment in the clothing industry decreased year-on-year 0.5%.

Shanghai Jinci Industrial Co., Ltd. was established in March 2006. It is a large-scale entity company specializing in the production and sales of polypropylene (PP yarn). The company's products include polypropylene ordinary strong yarn, PP high-strength yarn, polypropylene anti-aging yarn, polypropylene fiber Twisted yarn, PP hollow yarn, polypropylene fluorescent yarn, polypropylene luminous yarn, polypropylene flame retardant yarn, polypropylene air change yarn, etc.