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12-15
2022
India's cotton consumption decreased significantly, and yarn prices continued to fall
In the last week, Indian yarn prices continued to fall. This year, India's cotton consumption is expected to decrease by 15%, while cotton production will increase, so cotton and yarn prices may fall significantly.
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Export of textile machinery industry shows "steady growth"
At present, China's fiber processing volume accounts for more than 50% of the world's total, and the scale of the textile industry ranks first in the world. The development of the textile industry has driven the development of the textile machinery industry. China's textile machinery industry has a large scale and has formed a relatively complete industrial chain layout.