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500 texturing machines, 10,000 looms… The Big Mac project in Northern Jiangsu has officially started construction! Tongkun is about to realize the layout of the entire industry chain from “a drop of oil” to “a piece of cloth”
Recently, the Tongkun Group’s Shuyang project, with a total investment of approximately 15 billion yuan, held a groundbreaking ceremony in Lingang Industrial Park, Shuyang Co…
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…
How much impact will the tightening of China-Australia relations have on the cotton market?
On May 6, Zheng cotton futures rose significantly in early trading. Subsequently, the WeChat group forwarded the “Statement on the Indefinite Suspension of All Activities und…
The issuance of additional import quotas with sliding tariffs has a positive impact on the market
At the end of April, the National Development and Reform Commission issued the “Announcement on Matters Related to the Application for Import Quotas at Preferential Tariff Ra…
The “boot” of quota increase is implemented, and ICE cannot escape the range consolidation
On April 30, the National Development and Reform Commission issued an announcement stating that the number of cotton import sliding tax quotas issued this time is 700,000 tons, all…
GAP: Selling its high-end brand Intermix
Gap Group said on Tuesday that it had reached an agreement with Altamont Capital, which will also acquire all the business of the group’s high-end clothing brand Intermix, in…
ICAC April Monthly Report: Consumption drives exports to increase, and cotton prices are expected to rise next year
The May global production and demand forecast released by the International Cotton Advisory Committee (ICAC) believes that the growth of cotton consumption will drive an increase i…
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India’s role in the global polyester industry chain
Recently, the number of new coronavirus cases in India has continued to reach new highs. As an important part of the global polyester industry chain and cotton spinning industry, w…
Summary of PTA market conditions during the May Day holiday
Introduction: At the end of the May Day holiday, we took stock of the overall price performance of the polyester industry chain before and after the holiday (as shown in the table …
International oil prices may rise sharply, but the price transmission is not yet obvious: where will the fabric market go?
Recently, the three major organizations of the Organization of the Petroleum Exporting Countries (OPEC), the International Energy Agency (IEA) and the U.S. Energy Information Admin…