Home / Knowledge / News / Textiles / Spinning machinery sector deluged with orders
Spinning machinery sector deluged with orders
24
Jun '10
China's textile industry has shown rapid growth since this year, which was most unexpected by many companies, especially orders received by cotton spinning industry has comprehensively picked up.

This is quickly driving sales of complete sets of cotton spinning machinery and equipment that had been seriously affected in the financial crisis. Many machinery manufacturers have received too many orders to complete in time.

There even appears a state of short supply not seen in recent years. It is reported that most textile machinery manufacturers have received full orders for the first half, while some have orders, which will fully last them till the third quarter.

Vice-President of China Textile Industry Association, Gao Yong believes that the hot sales of cotton yarn and cotton fabrics this year has contributed to market demand, other than which refreshing inventory too has contributed to the spate of orders.

So how long could this hot selling situation last for? Industry analysis points out that it can work out the real incremental demand after discounting demand of refreshing stocks and speculative stocks.

That is; it can reflect normal and real market demand at a time when textile industry holds a certain level of refreshed inventory, inflation expectation of raw materials has been released, and the RMB begins to appreciate.

Most people think that current rapid growth of cotton spinning industry may not continue into the second half.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search