Recently, the Italian Textile Machinery Manufacturers Association (ACIMIT) published the textile machinery order index from January to September 2018. It is reported that the index has changed little compared with the same period of last year, which is 108.3 (according to 2015 = 100). In contrast, the number of orders for Italian textile machinery shows a completely different trend, with an absolute market index of 121.9 basis points, an increase of 30% compared to July-September 2017; for foreign markets, the index It fell by 2% and the absolute value was 107.4.

ACIMIT Chairman Alessandro Zucchi commented: “In many major export markets, our manufacturers experienced a slowdown in the first nine months of this year, especially in China, the main export destination, due to its tight trade relationship with the United States. Many textile manufacturers have suspended their investment plans. Although there are uncertainties in many markets, I believe that orders in 2018 will still be close to the same period last year."

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