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The current storage sell-off is driving down oil prices, and future reserve replenishment will stimulate production! Is Biden going to play “band operation” on oil prices?
On May 5, local time, the U.S. Department of Energy announced plans to tender and purchase 60 million barrels of crude oil this fall to replenish the depleting Strategic Petroleum …
A new high in ten years! The cumulative output of printed and dyed fabrics will exceed 60 billion meters in 2021!
Major listed companies in the industry: Huafang Co., Ltd. (600448.SH), Lutai A (000726.SZ), Hangmin Co., Ltd. (600987.SH), Fengzhu Textile (600493.SH), Fuchun Dyeing and Weaving (6…
The RMB exchange rate breaks through 6.7! It dropped more than 3,000 points in half a month!
After the Federal Reserve raised interest rates and reduced its balance sheet, the RMB continued its decline against the US dollar. On May 6, the spot exchange rate of RMB against …
Reckoning after massive expansion: price war has quietly started in the textile market
The EU’s “oil ban” on Russia has sent oil prices skyrocketing again! International oil prices have reached a new high in the past 14 years, and polyester filament…
A brief analysis of the economic operation of the printing and dyeing industry from January to April 2022
Since March 2022, the domestic epidemic has been spreading at multiple points and causing local outbreaks, which has had a profound impact on the economic operation of the printing…
“No matter how difficult it is, we have not laid off permanent employees.” Only 40 of the 108 circular knitting machines have been opened, and they are still persisting!
Walking into the production workshop of Jieyang Puning Zengfa Textile Co., Ltd., double-sided circular knitting machines and racks filled with rolls of spinning yarn and spandex ne…
The first quarter results of the world’s 50 chemical companies were announced: BASF, Dow, Rongsheng, Hengli, Wanhua…
Recently, domestic and foreign chemical companies announced their financial reports for the first quarter of this year. The performance of large chemical companies is still mainly …
Heavy! The central bank has set the latest tone, and the foreign exchange bureau has also spoken out! A lot of information
On June 2, the central bank and the State Administration of Foreign Exchange held a press conference to interpret the financial policies deployed by the State Council executive mee…
Two things that spinners must adhere to when adopting a low-quality strategy
Some experts may find it strange when they see the title of this article. They are already adopting a low-quality strategy. What are the requirements? Wouldn’t it be enough t…
Oil prices have skyrocketed! International oil prices hit a new high in the past 14 years; has the textile and clothing industry produced a collective misjudgment? The price war has quietly begun!
The EU’s “oil ban” on Russia has sent oil prices skyrocketing again! International oil prices have reached a new high in the past 14 years, and polyester filament…