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Textile and apparel exports from January to November were close to US$300 billion, and the month-on-month decline in November narrowed
According to the latest data released by the General Administration of Customs on December 7, in U.S. dollars, affected by factors such as inventory backlogs and reduced orders in …
Plunged nearly 50%! Russia suddenly encounters a big storm? A wave of layoffs swept Wall Street, and the New York Times went on strike for the first time in more than 40 years with thousands of employees! South Korea suffered a “fatal blow”
The global energy market is setting off a big storm! In the first week when the European Union and the Group of Seven imposed a ban on Russian crude oil, Russian crude oil exports …
Promote the overall improvement of economic performance and achieve effective improvement in quality and reasonable growth in quantity – looking at the new direction of China’s economic work in 2023 from the Political Bureau meeting of the CPC Central Committee
On December 8, Xinhua News Agency released “Promoting the overall improvement of economic operations and achieving effective improvement in quality and reasonable growth in q…
Comprehensive strategic partner! Take stock of the tens of billions of investment chemical projects cooperated by China and Saudi Arabia!
On the afternoon of December 8, local time, China and Saudi Arabia signed the Comprehensive Strategic Partnership Agreement between the People’s Republic of China and the Kin…
Demand plummets! US orders dropped 40%! Transpacific shipping capacity slashed by half
According to the latest data from the CNBC Supply Chain Heat Map, a US financial website, US manufacturing orders in China fell by 40% due to plummeting demand. Carriers have been …
National textile and apparel exports from January to November increased by 4.5% year-on-year, and the growth rate slowed down
According to the statistical bulletin of the General Administration of Customs, from January to November this year, the country’s textile and clothing exports were US$297.63 …
PTA dropped below 70% at startup! The industry is under pressure, polyester factories are linked, polyester prices have stabilized, and production and sales have increased! The cooling of the temperature is coming, the macro is favorable in many aspects, domestic sales are rising, there may be a wave of Indian Summer before the year!
PTA benefits affect capacity utilization The release of PTA production capacity is similar to last year, and the launch of some new production capacity has been delayed due to the …
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The survival of textile companies in Vietnam and Pakistan is facing crisis, and tens of thousands of garment workers in Bangladesh are unemployed… The global textile and garment industry is still struggling. Be wary of the seven black swans that flew out in 23 years!
On December 5, Vietnamese official media published an article saying that in recent months, many business owners have been away from the office. They are traveling around Vietnam a…
Oil prices continue to fall sharply, whether demand concerns will subside becomes an important factor
In the past week, oil prices continued their sharp decline, with the three major crude oil futures all falling by more than 10%. Under the influence of the appreciation of the renm…
Supply and demand forecasts are negative again, cotton prices should not be overestimated
During the week of December 5-9, the Chinese market was finally unblocked, but this good news has been digested by the market in advance. That week, U.S. stocks and oil prices fell…