Since March, the Shaoxing Keqiao China Textile City has seen a noticeable warming trend. Market transactions reached 18.2 billion yuan in March, up 12% year-on-year and 25% month-on-month, setting new highs for the year across all indicators.
Strong Export Order Recovery
The most striking feature of this market upturn is the strong recovery in export orders, which rose to 42% of total fabric transactions, up 5 percentage points from the same period last year. Buyers from Southeast Asia, the Middle East, and Africa have increased significantly.
Sustainability Driving New Growth
Sustainable fabrics are becoming a new growth driver. Sales of recycled polyester, organic cotton, and Tencel fabrics grew 45% year-on-year, as more brand clients explicitly require sustainability in their sourcing.
Market Outlook
The Keqiao Textile Prosperity Index reached 102.8 in March, rising for four consecutive months and well above the 100-point threshold. Traders report strong overall market sentiment, with some popular fabric categories experiencing supply shortages.