NEWS CENTER

Among the main links of the industrial chain, the industrial textile industry has achieved good growth in production driven by epidemic prevention materials. The industrial added value in 2020 will increase by 54.1% year-on-year; the industrial added value of the chemical fiber industry and the home textile industry will increase by 2.2% and 1.1% respectively. , Realize the change from negative to positive. Exports achieved unexpected growth. In the early stage of the domestic epidemic, epidemic prevention measures such as the closure of physical businesses, home quarantine, and reduction of social activities caused a sharp decline in domestic consumption of textile and apparel products in the first quarter. However, since the second quarter, with the orderly recovery of economic life, residents' consumption activities have become more active.

In March, China ACN market has been in consolidation after slight decline from high level, as market participants hold certain anticipation towards the settlement prices for Mar, and based on this anticipation, even there are low offers, the sellers are unwilling to sell at low rates.