VIETNAM YARN-MAKERS CONCERNED OVER RAW MATERIAL PRICE VOLATILITY AND GEOPOLITICAL UNCERTAINTY
April 1st, 2019
VIETNAMESE cotton yarn-makers face a period of uncertainty due to raw material price volatility and the ongoing trade war between the US and China which threatens demand stability from Chinese textile and clothing manufacturers. China is the largest importer of Vietnamese yarn and accounts for more than 60% of Vietnam’s total yarn exports.
And concern about Chinese clothing manufacturers losing US sales amidst the trade war between Washington and Beijing is being compounded with fears about squeezed margins, despite a new rebound in China imports in the ...
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