The price difference exceeds the 10,000 yuan mark. Will cotton spinning companies significantly “reduce cotton and increase polyester”?
Judging from the survey, since June, Zheng cotton has rebounded sharply. The spot quotation and fixed price of lint cotton in and outside Xinjiang have increased by 1,000-1,200 yua…
Quotations are confusing, and it is difficult to increase the volume of imported cotton spot transactions
Since June, ICE cotton futures have continued to consolidate in a narrow range of 80-83 cents/pound, even though the net contract volume of U.S. upland cotton for the 2022/23 seaso…
Production reduction is the foundation, and speculation is the driving force. Is the bull market for cotton coming?
On June 5, it was 16,914 yuan/ton; on June 6, it was 17,179 yuan/ton; on June 7, it was 17,306 yuan/ton; on June 8, it was 17,385 yuan/ton… Recently, cotton prices have shown…
Major shoe manufacturers estimate that orders may drop by 10 million pairs this year
Recently, according to media reports: Fengtai (9910), Nike’s main OEM shoe manufacturer, was affected by inventory adjustments by brand customers. The company’s net pro…
OPEC+’s production cut resulted in a weekly decline. Does oil price still have upward momentum?
Commodities as a whole have entered a rebound rhythm in the past two trading days. Crude oil, supported by production cuts, should have performed well, but oil prices seem to have …
Focus! A new round of crisis is coming in Southeast Asia! A large number of foreign-invested factories are affected, which may threaten textile exports!
Recently, a heat wave has swept across Southeast Asia, with high temperatures breaking historical records in many countries. Sustained high temperatures pose challenges to the powe…
How can a traditional textile industry be upgraded into two 100-billion-dollar markets?
In the busy sewing workshop, the “digital brain” orders all production links in an orderly manner; in the bustling e-commerce live broadcast room, popular models are so…
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Flash crash in the market! Easing sanctions on Iran? The White House responds! What’s the outlook for crude oil?
Last night, a piece of news detonated the oil market. On the morning of Thursday, June 8, some media quoted insiders as saying that the United States and Iran have made significant…
Looking at the subsequent trends of the polyester industry chain from export data
As the first half of 2023 comes to an end, the demand for polyester and end-use textiles and apparel has varied performance, especially the gap in demand for export and foreign tra…
Why was there a huge increase in US cotton signed in late May for 2022/23?
According to statistics from the USDA Export Weekly Report, in the week of May 12-18, the week of May 19-25, and the week of May 26-June 1, 2023, China signed net contracts of 14,7…