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Attention! The country is facing a foreign exchange crisis and may suspend import and export shipping services
It is reported that recently, shipping agents in Sri Lanka warned that due to the ongoing serious foreign exchange crisis in the island country, shipping companies are unable to re…
Cotton prices at home and abroad have fallen together. Where will cotton go in the future?
In October 2021, due to the overcapacity of ginners, there was a rush to harvest new cotton. Driven by the market enthusiasm, cotton prices rose crazily from 17,000 yuan/ton to 22,…
Shocked! Another big factory is flying to the southeast. Why do giants choose to open factories in Vietnam?
Jiangsu Cathay International Group Co., Ltd. (hereinafter referred to as “Jiangsu Cathay”) stated in a public investor question on June 22 that the company’s Viet…
How much impact will the plunge have on the cotton spinning industry chain?
On June 23, Zheng cotton continued to plummet, falling to around 18,300 yuan/ton in less than a week, and the important early support was quickly broken. The speed and depth of Zhe…
Four reasons led to a sharp year-on-year rebound in exports of cotton yarn and cotton cloth in May
According to customs statistics, my country imported approximately 130,000 tons of cotton yarn in May 2022, an increase of approximately 10,000 tons from the previous month, but st…
U.S. import demand has dropped sharply, and the new U.S. line freight rate is expected to drop by 40% next year!
The latest sea container bookings data shows that despite strong levels of U.S. inbound cargo in the first five months of 2022, import demand is not only weakening but falling off …
PTA supply may continue to be destocked in the short term
Introduction: The domestic PTA market has experienced a sharp decline recently. The decline in the center of gravity of the crude oil market has been negative for the market. The f…
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Crude oil loses its cost support and collapses! Polyester yarn plummeted for a week! The textile market is stuck in a quagmire with no options to pick up!
This week! Crude oil collapsed, polyester yarn dropped another 400, the Federal Reserve raised interest rates in July, and 618 sales fell short of expectations… Let’s take a …
It is too difficult to make textiles this year: It is reported on the Internet that a well-known textile company has not paid wages in arrears for 7 months?
Are listed textile manufacturers in arrears for several months in wages? what’s the situation! Are the major textile factories that have gone public now also in arrears with …
Nike and Adidas orders flow to Vietnam: inseparable from the power of industrial transfer of Chinese textile factories!
Some people say, “Vietnam is the next China.” The basis behind this statement comes from the recognition of a series of rises in Vietnam’s textile manufacturing i…