The California government sued 18 chemical companies including 3M and DuPont
The U.S. Attorney’s Office in California announced on November 10 the indictment of 3M Company, DuPont and 16 other chemical companies,Accused them of long-term concealment o…
Revenge surge? The rise and fall of the RMB exchange rate has its own logic!
The RMB exchange rate against the US dollar rebounded sharply again. On November 11, the central parity rate of the RMB against the US dollar was reported at 7.1907, an increase of…
What is polyester yarn? What are the different colors of semi-gloss polyester and full-gloss polyester?
Polyester yarn refers to yarn spun from polyester, which is a type of fiber made from polymers. Currently, it mostly refers to fibers produced from ethylene terephthalate. Accordin…
The operating rate of cloth factories in Foshan, Guangdong is about 30%, the demand for textile clothing in Europe and the United States is declining, and the latest research and judgment on cotton price trends
In October, the International Monetary Fund predicted that global economic growth will remain at 3.2% in 2022, but growth in 2023 may drop to 2.7% or even lower. The “2022 Tr…
Sudden! The China Securities Regulatory Commission has launched an investigation. What happened to this well-known clothing company?
On the evening of November 11, ST Busen announced that it had received the “Notice of Filing a Case from the China Securities Regulatory Commission”. The China Securiti…
Another good news comes from Central Asia. The President of Uzbekistan requires the local production of 50 types of products in the textile industry, and a new round of machinery and equipment opportunities
Uzbek President asks textile and apparel industry to localize 50 product types That is to say, a piece of good news came from Central Asia yesterday: the rise of Central Asia, Germ…
The first batch of cotton reserves has come to an end, and there are still variables in the cotton market in the later period.
China Cotton Reserve Management Co., Ltd. recently issued an announcement stating that according to notifications from relevant state departments, the first batch of central reserv…
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ICE cotton futures rebounded, where will it go in the future?
Since November, ICE cotton futures have set off a rebound, with the main December contract rising sharply from 70.21 cents/lb to 89.31 cents/lb. However, after several attempts at …
Weak demand, crude oil market performance hard to describe
It’s hard to describe the performance of the crude oil market last week. This may be a depressing time for investors whose trading focus is on oil prices. As copper prices soared, …
OPEC lowers oil demand forecast
OPEC’s monthly report released on Monday once again lowered its forecast for global crude oil demand growth in 2022. This is the fifth time OPEC has lowered its oil demand fo…