What is the operating environment of the textile industry in 2020?

In 2020, the external situation facing the textile industry will become more complicated and severe, and the development prospects are highly uncertain.

From the perspective of risk factors, the complex situation of global economic turbulence and increased risk points is intertwined with domestic structural and cyclical issues. Normalized pressures such as rising costs and intensified competition still exist, putting greater pressure on the textile industry to maintain a stable operation. .

The sudden new crown pneumonia epidemic at the beginning of the year not only caused direct economic losses to textile companies, but also caused the company to face loss of foreign trade orders and intensified international competition within a period of time after the epidemic ended, further increasing development uncertainty.

However, from a positive perspective, the global economy as a whole will continue its modest growth trend, and China ’s macroeconomic long-term foundation will not change.

Suining Tongjia Chemical Fiber Factory's main products are 250D-3000D colored high-strength polypropylene yarns, polypropylene double twisted yarns, polypropylene industrial yarns, high-strength polypropylene yarns, etc. The products have high strength, light weight, small uniform heat shrinkage, flame retardancy, and anti-aging. Low thermal conductivity is widely used in various industrial cloths, cables, container bags, anti-cracking engineering fibers and other products, and is sold throughout the country and some exports.