Falling below the 6.9 mark! Why did the RMB exchange rate fall? What will be the market outlook?

Falling below the 6.9 mark! Why did the RMB exchange rate fall? What will be the market outlook?



On August 29, the U.S. dollar index hit a 20-year high, and non-U.S. currencies adjusted one after another. The offshore RMB fell below 6.93 against the U.S. dollar, and the onshor…

Three common yarn defects in carded roving and their solutions

Three common yarn defects in carded roving and their solutions



There are many yarn defects in pure cotton yarn, which not only affects the cotton yarn rating, but also affects the appearance of the cloth, the intrinsic quality and use value of…

Downstream power restrictions have eased slightly, and polyester filaments are taking a cautious wait-and-see attitude.

Downstream power restrictions have eased slightly, and polyester filaments are taking a cautious wait-and-see attitude.



According to the price monitoring of SunSirs, the domestic polyester filament market price stopped falling in August, with polyester DTY and polyester FDY increasing by 0.92% and 0…

The RMB exchange rate has exceeded 6.9. For orders, the textile market is getting bigger and bigger!

The RMB exchange rate has exceeded 6.9. For orders, the textile market is getting bigger and bigger!



On August 29, according to a report by the well-known domestic media China Business News: “I thought it would fluctuate around 6.8 for a while, but I didn’t expect it t…

Supply disruption supports oil prices to resist falling, crude oil may maintain high oscillations

Supply disruption supports oil prices to resist falling, crude oil may maintain high oscillations



In mid-to-late August, the European energy crisis intensified. However, compared with natural gas, where supply shortages are expected to be very strong, the increase in internatio…

The price difference is astonishing! The launch of new cotton is like Mount Tai, who will take over the “fragmented” market?

The price difference is astonishing! The launch of new cotton is like Mount Tai, who will take over the “fragmented” market?



“During the night trading time on August 30, US cotton experienced a large decline. According to normal market trading logic, Zheng cotton would more or less follow the downw…

Wait-and-see sentiment heats up, U.S. cotton listing may be delayed

Wait-and-see sentiment heats up, U.S. cotton listing may be delayed



According to feedback from cotton traders in Qingdao, Zhangjiagang, Shanghai and other places, due to the long-term high temperature and drought in Texas in the United States in 20…

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Multiple factors are plaguing cotton prices, what are the chances of a comeback?

Multiple factors are plaguing cotton prices, what are the chances of a comeback?



Since Zheng cotton bottomed out and rebounded on July 15, although it once rose by more than 10%, it soon encountered a retracement. The trend was significantly weaker than other c…

Spinning frame: classification, structure and working principle

Spinning frame: classification, structure and working principle



Classification and characteristics of spinning machines Common slubbing spinning machines are generally divided into three categories: traveling frame spinning frame, traveling spi…

MEG imports are expected to remain low

MEG imports are expected to remain low



Introduction: According to customs statistics, the total import volume of ethylene glycol in July 2022 was 570,552.378 tons, and the average import price was US$613.08/ton, a decre…


 
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