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The operating rate of cloth factories in Foshan, Guangdong is about 30%, the demand for textile clothing in Europe and the United States is declining, and the latest research and judgment on cotton price trends
In October, the International Monetary Fund predicted that global economic growth will remain at 3.2% in 2022, but growth in 2023 may drop to 2.7% or even lower. The “2022 Tr…
Sudden! The China Securities Regulatory Commission has launched an investigation. What happened to this well-known clothing company?
On the evening of November 11, ST Busen announced that it had received the “Notice of Filing a Case from the China Securities Regulatory Commission”. The China Securiti…
Another good news comes from Central Asia. The President of Uzbekistan requires the local production of 50 types of products in the textile industry, and a new round of machinery and equipment opportunities
Uzbek President asks textile and apparel industry to localize 50 product types That is to say, a piece of good news came from Central Asia yesterday: the rise of Central Asia, Germ…
The first batch of cotton reserves has come to an end, and there are still variables in the cotton market in the later period.
China Cotton Reserve Management Co., Ltd. recently issued an announcement stating that according to notifications from relevant state departments, the first batch of central reserv…
ICE cotton futures rebounded, where will it go in the future?
Since November, ICE cotton futures have set off a rebound, with the main December contract rising sharply from 70.21 cents/lb to 89.31 cents/lb. However, after several attempts at …
Weak demand, crude oil market performance hard to describe
It’s hard to describe the performance of the crude oil market last week. This may be a depressing time for investors whose trading focus is on oil prices. As copper prices soared, …
OPEC lowers oil demand forecast
OPEC’s monthly report released on Monday once again lowered its forecast for global crude oil demand growth in 2022. This is the fifth time OPEC has lowered its oil demand fo…
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my country’s imports of Australian cotton may resume in 2022/23
According to customs statistics, my country’s cotton import volume in September 2022 was 89,000 tons, a month-on-month decrease of 17.6% and a year-on-year increase of 19.4%.…
Surrounded by negative news both upstream and downstream, will polyester factories start to cut production?
Recently, with the short-term recovery trend in the bulk raw material market, the offers of polyester companies have gradually strengthened. However, the good times do not last for…
Seed cotton is nearing its end, lint is on the market at an accelerated pace, and sudden market trends may be difficult to reproduce.
“So far, our company has purchased nearly 25,000 tons of seed cotton, which is nearly 5,000 tons more than the purchase volume in 2021 and about 20 million tons higher than t…