Textile activity expanded further in the 4th quarter 2021, although at a slower pace than in previous quarters. Performances in the clothing industry improved significantly during this period. Furthermore, EU exports and retail sales grew at a sustained pace, following strong domestic and ex
The 2021 performance report recently disclosed by several spandex listed companies shows that the net profit has increased significantly year-on-year, and some even increased by more than 200 percent.
From product price increases to corporate operating profits, the overall performan
Robust economic growth and rising purchasing power make Indonesia – the world’s fourth most populated country – an attractive market for textiles and clothing. Indonesia is also one of the world’s top 10 textile and garment producers and exporters. According to statistics, Indonesia’s midd
As of March 11, 2022, 50 listed textile and garment companies in Shanghai, Shenzhen and Beijing in 2021 earnings preannouncement have been disclosed. The earnings preannouncement shows that since 2021, the textile sector has gradually recovered after the normalization of the pandemic, and
The global pandemic of Covid-19 affected Indian textile sector initially due to restriction of social gathering. However, the situation has improved in recent months and production and exports have looked up. The export of textiles and apparel during April-January 2021-22 is USD 34.459 bil
ICE cotton futures have moved up high since mid-Mar and the lead contracts broke through 140cents/lb on Mar 28 with an increase about 20%. Accordingly, ZCE cotton futures increased and May contracts rose about 1,000yuan/mt with an increase of 5% from mid-Mar. However, cotton yarn market