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Textile manufacturers report remarkable growth

18 Aug '06
1 min read

Despite rising prices of raw materials, country's textile manufacturers registered incredible growth in the first half.

On the other hand long-fiber cloth manufacturers are still facing problems.

Leading companies like Makalot Industrial and Tainan Enterprises reported as high as 30-50 percent gain in their profits for the period in consideration.

Prices of polyester yarn and nylon filament have been soaring and reached NT$10 per kg due to continuation of high prices of upstream raw materials such as purified terephalic acid (PTA) and ethylene glycol (EG), according to market analyst.

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