Two Quarter China Textile Enterprise Prosperity Index Analysis Report Released
According to the analysis report of China textile enterprise prosperity index released in the two quarter of 2019, according to the China Textile Enterprise Association, according to the survey data, the textile industry boom index in the two quarter of 2019 was 52. Compared with the first quarter of 2019, the industry climate index dropped 3 points. The textile industry boom index is expected to be 57.5 in the three quarter of 2019, which is higher than the current prosperity index.
Affected by the complex international economic situation and weak international market demand, the new order index in the two quarter of 2019 was 49.5, down 9.4 points compared with the first quarter of 2019. The foreign orders index was 47.4, down 8.2 points compared with the first quarter of 2019. The raw material inventory index of textile industry was 47.5, down 2 points compared with the first quarter of 2019. The finished product inventory index was 59.6, an increase of 15.5 points over the first quarter of 2019.
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