The Global Textile Business Is Still Bad

According to the International Textile Manufactures Federation, the global average textile business still goes bad in November. And the expectation for the upcoming 6 monthes is still negative but without further drop. The global new order index, undelievered order index and operation rate go down.

Except that the spinning frames have a lot of undelievered orders, the other textile businesses are still negative especially in fiber manufacture and yarn manufacture. 

The weak demand is the major problem. And the sources lead to this weak demand is the inflation caused by energy price and high price of raw materials.