Acquired 257 acres! Jiangsu Lianfa Textile has expanded its overseas presence in Indonesia and built another large-scale yarn dyeing, weaving, dyeing and finishing production factory!
On April 19, Jiangsu Lianfa Textile Co., Ltd. and Jiangsu Suzhong Construction Group Co., Ltd. held a signing ceremony for the general contracting of Suzhong Construction of the In…
The reshoring of orders from India has not yet been determined, but orders have been forced to stop! An epidemic has broken out in another country, and there are reports of port closures. You should be more careful about canceling orders before orders return!
Recently, the market has been rumored that the epidemic in India is out of control, and overseas orders may return to the country. We textile people seem to have seen some familiar…
Big buyers of crude oil are on the verge of collapse. How will OPEC+ save the oil market?
OPEC and its allies expect global oil demand to usher in a strong recovery this year, but the recent outbreak of the epidemic in India has cast a shadow on the oil outlook. OPEC ex…
Destocking is expected to slow down, and PTA follows cost fluctuations
On the supply side, PTA maintenance was intensified in April, market supply and demand continued to improve, and inventory removal was accelerated. In May, Hengli, Xinfengming 2#, …
During the production cycle, how do PTA manufacturers survive the reshuffle period?
In early February this year, major manufacturing companies launched maintenance plans one after another, which was accompanied by a reduction in the supply of contracted goods from…
Breaking out late at night! OPEC+ confirmed that it will maintain its plan to increase production from May to July, and oil prices rose instead of falling. How will India’s “tsunami-like” epidemic affect the global supply chain?
OPEC+ confirmed that it will maintain its production increase plan from May to July Last night and this morning, OPEC issued a statement on its official website, confirming that it…
The rise of trendy brands! The retail sales of the four major brands including Anta and Xtep all achieved double-digit growth in the first quarter!
Recently, Anta Sports, Xtep International, 361°, and Li Ning have successively announced unaudited first quarter operating conditions. The retail sales of the four major domestic b…
Will the out-of-control epidemic in India have a big impact on my country’s cotton yarn imports?
Since mid-March, the epidemic in India has continued to attract high global attention. According to the latest data released by the Indian Ministry of Health, as of 8:00 local time…
Foreign cotton continues to rise, traders actively ship goods
According to CFTC statistics, since the beginning of April, as the main forces of ICE cotton futures have continued to oscillate and rebound from 78.97 cents/pound, ON-CALL point p…
Fund net longs begin to rebound, cotton prices trend better
On April 26, ICE cotton futures continued to decline in early trading despite the strength of the external grain market. Technical overbought triggered some selling. In addition, r…