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Textile industry export "warmer" boost confidence!

The main reasons for the impact on exports in 2022 are three aspects: short-term supply capacity decline, inventory level rise and demand weakening. In 2023, the above factors are likely to improve within 6-12 months, and then the adverse impact on exports will gradually decrease.

Textile and apparel exports are expected to recover weakly in 2023, and the current "recovery" signals are also boosting market confidence.

Guangdong Modern High-tech Fiber Co., Ltd.is a professional manufacturer engaged in the research and development, production and sales of PP yarn. Since its establishment, the steady development, now has established more than 70 polypropylene FDY production lines, POY production line 8, DTY production line 2, BCF production line 12 and other production and research and development equipment several, last year a variety of specifications of PP yarn nearly 30,000 tons, become the current domestic actual output of large PP yarn manufacturers.