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OPEC+ unexpectedly cuts production, how long can oil prices keep flying?
On April 2, OPEC+, led by Saudi Arabia, unexpectedly announced a collective “voluntary” production cut. International crude oil prices surged sharply for a time. Howeve…
Many well-known brands plan to stop production and withdraw from the country…
Three major global retailers have announced plans to halt clothing production in Myanmar, citing concerns about worsening human rights conditions in the country. Many well-known fo…
Imported yarn: polarization is obvious, high-count yarn transactions may pick up
According to feedback from light textile import and export companies in Jiangsu, Zhejiang, Guangdong and other places, since the end of March, due to the relatively tight supply of…
The Hengchao project was selected into the Zhejiang Major Foreign Investment Project Promotion Plan! Take a look at the “future factory” Tongkun is building for the polyester industry
Recently, the “2023 Zhejiang Province Major Foreign Investment Project Promotion Plan” was released, and Tongkun Group Zhejiang Hengchao Chemical Fiber Co., Ltd.’…
Notice! Imposing additional tariffs of 15%-200%, the country restricts the import of some goods!
In order to improve the structure of foreign exchange reserves and alleviate the shortage of US dollars, the Central Bank of Iraq stated on February 22 that it will settle import t…
US CIA director visits Saudi Arabia! Saudi Arabia raises prices again, is $100/barrel crude oil not a dream?
According to the latest report from Reuters last night, a U.S. official said that CIA Director William Burns held talks with the head of the Saudi intelligence service and national…
Seize the pricing power! 8 countries joined forces to collectively reduce production significantly, helping crude oil return to high levels
Crude oil revived? The eight major crude oil countries have taken obvious actions to reduce production, and crude oil has risen rapidly. Is there hope for the revival of the “…
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crazy! The cotton 09 contract is approaching the 15,000 mark, setting a new one-month high! In the end what happened? Where will the cotton price outlook go?
The “gold three and silver four” performance of the textile and clothing industry is “late start and early closing”. Not only will foreign trade export orde…
The 2.5MW/5MWh energy storage project officially started! Xinfengming built a large-scale “power bank”
On April 3, the 5MWh user-side energy storage project of Xinfengming Group, a top 500 enterprise in China and a domestic fiber leader invested, constructed, operated and maintained…
Zheng cotton rebounded in shock and it is recommended that cotton companies speed up the pace of hedging
Since late March, Zheng cotton has started a shock and rebound rhythm. On the one hand, it has stimulated cotton processing companies to speed up the sales of lint cotton; on the o…