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Fibre exports hit a record high of US$5.5 billion |Fibre exports hit a record high of US$5.5 billion. (Photo:baodautu.vn)| Despite being negatively affected by falling fibre prices and low market demand due the impact of the US-China trade war, and the COVID-19 pandemic during the two-year period (2019-2020), the fibre industry enjoyed high export growth as a result of rapid recovery. In 2021, the price of export yarn soared by around 25% compared to 2020, in which cotton yarn has recorded the highest increase, followed by poly-visco yarn, poly yarn and poly-cotton blended yarn. Benefiting from high yarn prices, many...
