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Textile sector posts excellent performance in 2010

29
Jun '10
Sales potential of yarn and fabrics are stable and smooth this year, of which, sales performance of pure cotton yarn and fabrics is best, sales of polyester/ cotton yarn and fabrics with various proportions are very good, and sales prices have kept rising.

Compared with previous years, some large-scale textile enterprises with sufficient funds have increased inventories of raw materials, the average stock level is 1.5-2 months, and the maximum can last 3 months. But some textile enterprises with less finance maintain raw material inventory of 20 days -1 month.

This year China's yarn production increased by 17.58 percent year on year, cotton fabric production increased by 20.3 percent year on year, textile exports rose 17.45 percent year on year, output and exports achieved the same increase basically, indicating that survival state of textile enterprises marks significant improvement compared with the previous year.

Fibre2fashion News Desk - China


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