Top 10 rising and falling categories of textile in Keqiao

Price Index Forecast

Boosted by the textile exhibition, the transactions in the traditional trade zone and corporationized trade zone are predicted to increase, the trading early winter fabrics will increase, creative fabrics will still have the advantage in marketing, the prices will basically keep stable, some cloths companies with a shop in front and a factory behind raise the unit price of hot-sale fabrics due to product upgrade, so the business in some apparel fabrics, home textile fabrics and fashion accessories will grow up. But small medium-sized business households are in poor marketing situation. As the busy season of textile market comes to close, the domestic demand and foreign trade will continue to decline gradually. In the traditional market, the sales volumes of conventional fabrics continue to fall down. As the global economy declines wholly, the textiles and garment export strongly replying on foreign demand takes a heavy hit. Moreover, the decline of the growth rate of the domestic economy, the rise of labor costs and other factors lead to the slowdown of textile industry’s production and low efficiency, making some weaving companies have low machine operating rate. The competitiveness in conventional products will continue to weaken.