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Machinery is hidden in the crisis, production capacity is intensively expanded, and tens of thousands of looms and millions of tons of polyester are accelerated!
Recently, the construction of a number of new fabric projects across the country is accelerating. Especially in the vast central and western regions, with the continuous improvemen…
There is no short-term solution to the supply problem, and international crude oil prices have reached a new high!
In early June, international crude oil prices reached new highs. The July contract price of CME Group’s WTI crude oil futures once exceeded the US$120/barrel mark, while the …
U.S. Extension of Product Exclusion for Special Medical Supplies Under Section 301 Measures
On June 3, 2022, USTR issued the latest announcement, extending the exclusion validity period of 81 products that were previously extended for six months from May 31, 2022, to Nove…
Forbes releases the top 2000 list, which textile companies are shortlisted for glory
Recently, Forbes released the 2022 Global 2000 list. A total of 399 Chinese (including Hong Kong, Macao and Taiwan) companies are on the list, 4 more than last year. Among them, ei…
The exchange rate hit a new low, and inflation hit a 20-year high! This diplomatically active country is experiencing serious economic troubles again
The Turkish lira’s exchange rate against the U.S. dollar fell by more than 2% on the 8th, once falling to about 17.1 to 1, the lowest level in nearly six months. After Turkis…
National textile and apparel exports in May were better than expected, with a year-on-year growth of 20.4%
According to today’s statistical update from the General Administration of Customs, from January to May this year, the country’s textile and apparel exports reached US$…
Chemical fiber and cotton costs soar: Uniqlo will increase the prices of some polar fleece and down jackets in Japan
Recently, according to Japan Jiji News Agency, due to the surge in raw material prices and transportation costs, UNIQLO announced that it will increase the prices of some autumn an…
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The bill affects the industrial chain of my country’s cotton textile industry, and practitioners are in a wait-and-see mood!
According to foreign media reports, the U.S. authorities are expected to take effect on June 21 and impose an import ban on goods from China’s Xinjiang region in accordance with th…
The cotton yarn inventory of textile companies generally exceeds 30 days. The off-season is approaching. Are you still waiting for domestic demand to return?
From the perspective of the domestic epidemic situation and demand seasonality, cotton yarn demand will continue to improve in June. However, downstream demand has entered the trad…
Three points have led to cotton spinning companies still refusing to purchase raw materials in large quantities
It is understood that although the Zheng Cotton CF2209 contract price has continued to consolidate in the range of 20,000-20,500 yuan/ton since late May, and the domestic cotton sp…