Keqiao Textile Prosperity Index continued to decline in January 2018

Business Forecast: In January 2018, the Keqiao Textile Prosperity Index was 1433.13 points, a decrease of 3.3% from the previous month. Wherein, a raw material, gray cloths, apparel accessories, apparel fabrics and home textile BCIs 1205.96 point, 1123.53 points, 2796.31 points, 1883.45 points and 1223.82 points, a decline of respectively 7.1%, 4.2%, 2.4%, 1.4 % and 0.3%. At present, the production enterprises have stopped production and the market trading activity has declined. It is expected that the Keqiao Textile Prosperity Index will rebound slightly after the Spring Festival.

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