2019 will end, the inventory of the development of the textile industry!

Since 2019, the overall prosperity index of the textile industry has declined, and enterprises remain confident in the third quarter.

The textile industry prosperity index in the second quarter of 2019 was 52.0, which was 3.0 points lower than the industry prosperity index in the quarter of 2019, all above the 50-dry line, indicating that the industry as a whole is still in a growth cycle.

It is expected that the prosperity index of the textile industry in the third quarter of 2019 will be 57.5, which is higher than the current prosperity index, indicating that textile enterprises have increased confidence in the operation of the industry in the next quarter.

In the first half of 2019, the industrial added value of enterprises above the designated size in the textile industry increased by 3.6% year-on-year, a growth rate of 0.8 percentage points higher than the same period of the previous year, but 1.8 percentage points slower than the first quarter of 2019.

In each link of the industrial chain, the industrial added value of the chemical fiber industry maintained a double-digit growth rate of 13%, which was higher than the same period of the previous year by 6.4 percentage points. The industrial added value industry's industrial added value growth was stable, with a year-on-year growth rate of 7.6 %.

Dongguan Donggang Chemical Fiber Co., Ltd. was founded in 1991. It is a medium-sized enterprise specializing in the production of various types of PP yarns. It currently has 16 polypropylene filament production lines and has formed a production scale of 20,000 tons of PP yarns annually. PP yarns are exported to the United States, Europe, Southeast Asia and other places.