|
Cotton and Wool Spinning Mills
|
US$
300 |
|
Apr-2025 |
Doc #42054 |
|
| Printed Page Length :
16
pages |
| Number of Tables :
4 |
| Number of Figures:
3 |
|
Market Overview
|
|
Amid concerns that former President Trump's new tariff policies may reignite inflationary pressures in the United States, the U.S. Consumer Confidence Index declined in January and February 2025. With global economic growth expected to decelerate and consumer spending likely to soften, the outlook for the Asian textile industry has dimmed—posing indirect challenges to Taiwan’s cotton and wool yarn production and sales. Furthermore, the USDA projects continued weakness in cotton futures prices through the first half of 2025, which is expected to suppress cotton yarn quotations. Against this backdrop, the industry's business climate is anticipated to re-enter a recessionary phase during the first half of the year.
|
|
|
|