Textile sector surges! Furi Times Co., Ltd.: Customer orders accelerate return.
The textile sector has been strong for consecutive days. On May 15, many stocks within the sector hit the daily limit, with Huafang Shares hitting the daily limit for 8 consecutive days, Yingfeng Shares for 5 consecutive days, and Fengzhu Textile also hitting the daily limit. Peng Shiqiang, the secretary of the board of directors of domestic household textile industry leader Furun shares, told reporters on May 15: "The tariff rate on textiles has been reduced from 145% to 46.6%, although it is still about 20 percentage points higher than competitors such as India. However, with years of accumulated market reputation, a large number of overseas customer orders have accelerated the return." Peng Shiqiang said that American customers who had temporarily suspended orders due to tariffs have gradually resumed cooperation, "and it is expected that shipping volume in June will return to the level of the same period in previous years."
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