According to Keqiao Daily, the “China·Keqiao Textile Index” closed at 1494.31 points in August, up 1.40% from the previous month, down 9.69% from the beginning of the year and down 13.95% year-on-year. The company's total production prosperity index closed at 1392.86 points, up 0.29% from the previous month.
In August, the textile market circulation prosperity index and market sales volume index both rose. The market total circulation prosperity index closed at 1148.74 points, up 1.74% from the previous month. The market sales volume index closed at 1030.08 points, up 8.70% from the previous month. It is reported that as the downstream demand rebounded, the turnover of innovative products in the autumn increased month-on-month, and the delivery of new style fabrics in the early winter increased partially, and sales and circulation both rebounded.
At the same time, the enterprise inventory turnover rate index increased significantly. In August, the inventory turnover rate index closed at 1486.86 points, up 19.45% from the previous month. Due to the increase in downstream demand, the inventory turnover rate accelerated significantly. The printing rate of some textile printing and dyeing enterprises increased slightly, the production and sales rebounded from the previous month, and the output of some enterprises in the coastal printing and dyeing gathering area increased slightly, which led to a rise in the production prosperity index.
It is expected that the total prosperity index will continue to rise in September. The marketing of the autumn market has gradually prospered, and the overall industry production and sales will continue to grow.
Jiangyin Jinmeng Textile Co., Ltd. specializes in production and management: woven geotextile , high-strength polypropylene industrial yarn, polypropylene industrial yarn, high-strength polypropylene fiber, woven geotextile fabric, bag cloth, geotextile, engineering fiber, woven high-strength industrial Filament geotextile, engineering staple fiber, woven geotextile .