The total profits of the East Asian country’s chemical fibre industry dropped 65.5 per cent from 2021 to 19 billion yuan, said several media reports quoting China’s ministry of industry and information technology.
In the first ten months of 2022, the total output of the industry totalled 56.25 million tonnes—a rise of 0.4 per cent YoY.
Fibre2Fashion News Desk (NB)