From February 1 to 20, South Korea’s fiber product exports were US$790 million, a year-on-year decrease of 15.0%, and textile orders decreased by 30% year-on-year. Foreign fiber demand is extremely sluggish, new orders continue to decrease, and fiber inventory decreases slowly (the inventory reduction rate decreases by 50% month-on-month). These are the main reasons affecting the export of Korean fiber products.
South Korean textile orders decreased by % year-on-year
From February 1 to 20, South Korea’s fiber product exports were US$790 million, a year-on-year decrease of 15.0%, and textile orders decreased by 30% year-on-year. Foreign fiber demand is extremely sluggish, ne…
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