RCEP comes into effect and will have a profound impact on my country’s textile and apparel industry

RCEP comes into effect and will have a profound impact on my country’s textile and apparel industry



On January 1, 2022, the “Regional Comprehensive Economic Partnership Agreement” (RCEP) officially came into effect in 15 member countries, marking the official launch o…

ICE cotton futures rebounded strongly, foreign cotton transactions were valuable and the market was low

ICE cotton futures rebounded strongly, foreign cotton transactions were valuable and the market was low



On January 14, ICE cotton futures continued to rebound strongly. The main contract not only reached a high of 118.50 cents/pound again, but also hit a new high of 119.90 cents/poun…

The spot market for imported yarn is active, and the market is slightly optimistic after the holiday

The spot market for imported yarn is active, and the market is slightly optimistic after the holiday



During the week from January 10th to 14th, the imported yarn spot market remained active, with some terminals actively stocking up, and some traders actively stocking up to prepare…

The international cotton market is booming and the industry is experiencing new changes

The international cotton market is booming and the industry is experiencing new changes



In the week of January 10-14, the international cotton market was still booming. The main March contract of ICE cotton futures reached a new level, reaching a new high of 119.70 ce…

Cotton prices fluctuate strongly, and textile enterprises’ purchasing volume decreases significantly

Cotton prices fluctuate strongly, and textile enterprises’ purchasing volume decreases significantly



That week (January 10-14, 2022), the domestic epidemic continued to spread, and new confirmed cases continued to be added in many places. However, the severe epidemic prevention an…

US$315.47 billion! Textile and apparel exports hit record high in 2021

US$315.47 billion! Textile and apparel exports hit record high in 2021



2021 marks the 20th anniversary of China’s accession to the World Trade Organization. Over the past year, China’s economy has continued to recover, its epidemic prevention an…

The game between cost and supply and demand, the polyester filament market is running stagnantly

The game between cost and supply and demand, the polyester filament market is running stagnantly



As usual, most downstream users plan to stock up on the eve of the Spring Festival, and polyester filament manufacturers also mostly offer profit promotions at the end of the year.…

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International oil prices rose strongly, Goldman Sachs raised oil price expectations

International oil prices rose strongly, Goldman Sachs raised oil price expectations



International oil prices have risen sharply recently. The main contract of Brent crude oil has been rising from a periodic low of US$65.720/barrel in December 2021. It once stood a…

The crude oil market is bustling with activity, Saudi Arabia is leisurely and leisurely, and the United States is on the verge of crying.

The crude oil market is bustling with activity, Saudi Arabia is leisurely and leisurely, and the United States is on the verge of crying.



During the Christmas that just passed last month, Americans were not happy at all: they couldn’t buy turkey, they couldn’t afford beef, and they didn’t even dare to drive out for a…

In the short term, polyester staple fiber may show a volatile and stronger trend

In the short term, polyester staple fiber may show a volatile and stronger trend



Spot price: In the past week (1.11-1.18), the spot price of domestic polyester staple fiber has fluctuated within a narrow range. According to the price monitoring of SunSirs, the …


 
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