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Domestic and foreign cotton prices have dropped sharply, and textile companies are cautious in purchasing
Since mid-June 2022, domestic and foreign cotton futures prices have experienced an unprecedented sharp decline, and bonded cotton shipments have increased. However, the instabilit…
The market has stopped falling and stabilized, but the risks in the cotton market have not yet been eliminated
Recently, the market has shown signs of stopping its decline and stabilizing, and corporate panic has been temporarily alleviated. During the survey, the most mentioned word among …
Supply and demand expectations are weak, polyester chains are under pressure to reduce growth
The adjustment on the 19th combined with the strengthening of oil prices overnight. The polyester chain trend rebounded in early trading on the 20th, but the gains were reduced in …
Be alert! Inflation pressure in the country has intensified, and it is not optimistic that many countries are in debt crisis.
Recently, affected by the Federal Reserve’s aggressive interest rate hikes to curb inflation, the U.S. dollar has continued to rise against most currencies around the world, …
Putin’s phone call with Saudi Arabia’s crown prince could cause another turmoil in the oil market?
According to a report by Xinhua News Agency on July 21, according to news released on the Russian President’s website, the leaders of Russia and Saudi Arabia made positive co…
Vietnam’s textile and clothing industry is recovering from difficulties and may achieve its full-year target of US$43 billion!
Hanoi (VNA) – Vu Duc Giang, president of the Vietnam Textile and Apparel Association (VITAS), said at a press conference held on the morning of July 21 that despite many diff…
Inventory: Latest progress of eight major 10-million-ton refining and chemical integration projects
From 2016 to 2020, the National Development and Reform Commission focused on planning and developing seven major petrochemical industry bases, and actively promoted a number of wor…
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Will power cuts come? Keqiao’s printing and dyeing business may be affected by insufficient power consumption
Recently, high temperatures above 40 degrees Celsius have been common in Zhejiang for many days, and ensuring the supply of electricity for enterprise production has once again att…
The commodity market is “green, red, red and thin”. How will cotton spinning companies respond?
Recently, against the background of the Federal Reserve’s continuous interest rate hikes, the trend of commodities has poured down like a waterfall, causing great damage to t…
What impact will the implementation of the RMB “settlement order” have on textile people?
When talking about world currencies, perhaps the first thing that comes to mind is the US dollar. And this situation may soon become a thing of the past. On July 21, the “Not…