5. Orders received by textile enterprises are less due to usual slump period. Meanwhile, overstock of finished products is mounting and enterprises are facing the burden of bonus as Spring Festival is approaching.
6. In 2007, enterprises are facing burden of expanding their business in domestic as well as in foreign countries.
7. According to national cotton market monitoring system, in 2007, cotton cultivation area is almost equal to 2006 as decline in area is less compared to estimates.
Above analysis clearly indicates a negative trend in the market and Government should take necessary step to come out of these obscurities.
Fibre2fashion.com News Desk-China
marketing@alchempro.com
