Textile Situation Remains Harsh Though Material Price Going Up

Since July, the textile material market has turned and grows slowly as a whole. Though at a varied rate, its influence is visible from overall.

However, seen from the textile export data, in the first part of 2012, Chinese textile export registered a negative growth or zero growth on year-on-year basis, which means a death-blow to the export oriented market. What's more, due to a large domestic orders' shift to the low-priced emerging markets like South Asian countries, China's textile market would still remain harsh in the second half of 2012.