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Mercedes-Benz's lowered FY sales outlook due to faltering China demand signals weaker automotive production, which is a key downstream consumer of technical textiles like upholstery, carpets, and acoustic materials. This may lead to reduced orders for automotive interior textile suppliers, especially those heavily reliant on the luxury car segment. The slowdown could pressure textile mills to adjust inventory levels and seek alternative markets, while also highlighting the need for diversification in end-use sectors.
※ Opinion by KEFINE Insight