Jedi counterattack: PTA rose by more than 5% in a single day! The momentum of panic decline has been contained, and polyester factories are facing important shipping nodes!
Recently, it was reported that due to the good diesel efficiency of a factory in East China, the PX device with a production capacity of 9 million tons/year plans to reduce the loa…
The polyester production reduction crisis has resurfaced, and the load has dropped to 83.2%! Downstream: Lying or rolling, how to choose?
Entering November, for the textile and clothing industry chain, the peak season orders of “Golden Nine and Silver Ten” have generally ended. In fact, after experiencing…
Heavy! German Chancellor Scholz visits China today! ICE cotton suddenly hit the daily limit!
Following the Federal Reserve, the Bank of England sharply raised interest rates by 75 basis points, causing another storm in the market. The U.S. 2/10-year Treasury bond yield inv…
Orders worth US$1 billion were lost and 50 garment factories closed down! Spending falls across EU, Southeast Asia textile exports plunge
It is reported that exports from Southeast Asia have begun to be hit by the economic challenges facing Europe, and exports have been declining since July. Soaring inflation and ene…
Cotton stabilizes and rebounds, but upside space is limited
Special news from China Cotton Network: In recent days, Zheng cotton futures have continuously rebounded after hitting new lows, and ICE cotton has also seen a long-awaited continu…
In a trillion-level market, how can the textile and apparel industry accelerate?
In the second half of 2022, in a garment factory in Hangzhou, the salary of a worker can reach 350-400 yuan/day. This is against the background that the overall situation of the cl…
This World Cup is covered by “Made in China”! One company exported more than 2 million Qatar World Cup jerseys
In Qatar, the host of this World Cup, the official store of World Cup merchandise has opened for business. Among the best-selling products, products made in China are indispensable…
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The RMB exchange rate fluctuates sharply! But import and export companies are becoming more and more calm?
On October 31, the spot closing price of the onshore RMB against the U.S. dollar fell 420 points to 7.2985, a new low since the 25th. As of 17:20 Beijing time on the same day, the …
After three consecutive daily limits, the outside market started to counterattack?
Since November 1, ICE cotton futures have rebounded strongly, with the main contract staying at the daily limit for three consecutive trading days (rising from a two-year low of 70…
Freight prices have fallen for 20 consecutive weeks, and sailings have been suspended in large areas! 284 container ships idle around the world
Recently, shipping companies have continued to cancel voyages from China to Northern Europe and the Western United States in order to slow down the decline in container spot freigh…