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Big prediction! Container shipping industry profits will plummet by 80% in the next two years! Excess capacity! Demand is down!
A recent report from HSBC Global Research predicts that after two years of unprecedented growth in container freight rates, the container shipping industry will inevitably suffer f…
Pinduoduo penetrates into the hinterland of SHEIN
“I heard that someone has already placed an order on Pinduoduo’s overseas platform.” Wang Xiangxiang, a senior cross-border e-commerce practitioner in South China, told Huxiu that …
Why did the polyester sector rise late at night?
Affected by the weakening of international oil prices for three consecutive days, the polyester sector was dragged down to a certain extent during the week. However, on Friday nigh…
Longer, more, more losses! Large-scale maintenance of more than 100 chemical plants affects 15 million tons of production capacity
Recently, the number of domestic polypropylene PP installations and maintenance has continued to increase. Up to now, a total of 50 manufacturing lines have been involved in parkin…
Affected by supply and demand pressure, ethylene glycol may remain at a low level.
Data source: Jin Lianchuang In August, the domestic ethylene glycol market was weak and volatile. The price fell below 4,000 yuan/ton, and the low-end price was 3,840 yuan/ton. The…
Deeply chilling, the semi-annual reports of the six private polyester giants have been released one after another!
In the past few days, an internal speech by Huawei founder Ren Zhengfei has once again made waves in WeChat Moments. The title of the article is: “The entire company’s …
Leading brands have collectively encountered Waterloo. Will the textile industry usher in a market turnaround in the second half of the year?
Statistics from the Bureau of Statistics show that from January to June, the total revenue of the textile and clothing and apparel industries above designated size nationwide was 6…
Is it inventory transfer or order recovery? Is the market turning around soon?
The traditional peak season of “Golden Nine” has arrived, but although it has entered September, it seems that the peak season is still not in sight, but there is no ne…
Margins of supply and demand improve, PTA prices show slight resilience
In the context of seasonal rigid demand for terminal orders, polyester load is expected to rebound slightly. PX and PTA will continue to be destocked in September, and PTA prices w…
U.S. cotton has undergone major adjustments, and it is difficult for Zheng Cotton to survive alone
That week (August 29-September 2, 2022), Zheng cotton maintained a volatile downward trend, and fell below the 10,000 mark in daily trading on Friday, with the lowest point once fa…