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Traders are not active in following the decline, and imported yarn transactions have reached a semi-stagnant state.
According to feedback from cotton yarn traders in Guangdong, Jiangsu, Zhejiang, Fujian and other places, affected by factors such as the continuous sharp decline of ICE cotton futu…
Supply and demand expectations are improving, and the polyester chain is exploding across the board
International oil prices have stabilized, and the market’s expectations for polyester and downstream supply and demand are improving. The polyester chain broke out across the…
The results of crude oil diplomacy have returned to zero. What is the impact of OPEC+’s small production cuts?
Yesterday evening, representatives of OPEC+ stated that the organization would reduce production by 100,000 barrels per day from October to bring supply back to August levels. The …
The ethylene glycol market may fluctuate widely in September
In August, the domestic ethylene glycol market fluctuated and fell. The high point during the month was 4,325 yuan/ton in the first ten days of the month, and the low point was 3,8…
Freight rates continue to decline, with zero and “negative” freight rates emerging.
Affected by weak global demand and sluggish economic prospects, freight rates on major routes in the market continue to decline and may remain in a downward trend for a long time. …
As a major textile exporting country, how much impact will the depreciation of the RMB have on textile companies?
The U.S. dollar index continues to rise, putting pressure on the exchange rates of non-U.S. currencies. The onshore and offshore RMB exchange rates have fallen against the US dolla…
Vietnamese factory orders dropped by 50%, a large number of workers returned home, and some workers returned to their old jobs…
Recently, according to Vietnamese media reports: “We spent a lot of effort and money recruiting workers and now we have to accept they’re leaving,” Mr Shipp said.…
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International crude oil returned to weakness, and the polyester sector turned from rising to falling
Last night, international oil prices fell sharply again. During U.S. stock market trading, U.S. oil fell nearly 6% at one point, falling below $85/barrel for the first time since J…
Weaving startups are picking up, polyester production and sales are getting warmer, and polyester inventories have dropped sharply! Is the peak season signal for the textile market coming?
With the coming of the Golden Nine, Silver Ten and foreign Christmas seasons, this may be a major opportunity for textile and apparel people to make a comeback this year, because j…
Clothing brands are collectively facing a wave of layoffs. What’s the next demand for textiles and clothing: Is it still worth looking forward to?
Recently, news of layoffs by many companies at home and abroad has once again made people feel uneasy about the current situation of the textile and apparel market. More than 2,800…