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Sales growth of chemical fibre sector shoots up
05
Jul '11
China's chemical fiber textile industry achieved sales value of 26.96 billion Yuan from January to May this year, representing an increase of 24.9 percent year on year.

However some industries including nylon and rayon have been affected by unilateral decline in raw material prices.

The big and medium sized companies in the overall textile industry realized sales value of 28.21 billion Yuan from January to May this year, showing an increase of 19.9 percent year on year.

Export orders received by the textile industry have been significantly affected by the instability in the Middle East, which has been an important export destination of the industry.

Fibre2fashion News Desk - China

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