Huge uncertainty hangs over the oil market, and OPEC+ production cuts may accelerate the decline in demand

Huge uncertainty hangs over the oil market, and OPEC+ production cuts may accelerate the decline in demand



Currently, the outlook for crude oil demand is cast a shadow. On October 12, local time, OPEC lowered its global oil demand growth forecast for this year and next in its monthly re…

Many customer orders have been cancelled, five major problems have plagued textile companies, and price transmission in the upstream and downstream markets is unfavorable!

Many customer orders have been cancelled, five major problems have plagued textile companies, and price transmission in the upstream and downstream markets is unfavorable!



Recently, stimulated by the increase in the price of upstream raw materials, especially the surge in crude oil futures, the polyester filament market has rebounded significantly, a…

Things are changing: Amid the energy crisis, the leading European underwear brand Florina has closed its factory, and more than 100,000 companies may also face bankruptcy

Things are changing: Amid the energy crisis, the leading European underwear brand Florina has closed its factory, and more than 100,000 companies may also face bankruptcy



After Russia cut off gas to Europe for 20 days, a large number of companies also paid their bills at the end of the month. Faced with such high energy and product prices, countless…

European lingerie group shuts down all production at Felina factory!  Raw material costs increased by 266%!  More than 100,000 companies in Europe may face bankruptcy!

European lingerie group shuts down all production at Felina factory! Raw material costs increased by 266%! More than 100,000 companies in Europe may face bankruptcy!



After Russia cut off gas to Europe for 20 days, a large number of companies also paid their bills at the end of the month. Faced with such high energy and product prices, countless…

In September 2022, the year-on-year increase in CPI has expanded, while the year-on-year increase in PPI has continued to fall.

In September 2022, the year-on-year increase in CPI has expanded, while the year-on-year increase in PPI has continued to fall.



The National Bureau of Statistics today released national CPI (Consumer Price Index) and PPI (Producer Price Index) data for September 2022. In this regard, Dong Lijuan, chief stat…

Nike can’t sell anymore?  The market value has evaporated by US$19 billion!  These five major trends in the domestic sportswear market are beginning to emerge…

Nike can’t sell anymore? The market value has evaporated by US$19 billion! These five major trends in the domestic sportswear market are beginning to emerge…



Not long ago, Nike announced its first quarter results for fiscal year 2023. As a result, U.S. stock prices fell by nearly 13%. Nike’s market value evaporated by more than $1…

I never expected that 2022 would be so difficult!  The market is weak and oil demand has dropped, but it has achieved a three-year growth of 1429.3% with its focus on “urban outdoor” clothing!

I never expected that 2022 would be so difficult! The market is weak and oil demand has dropped, but it has achieved a three-year growth of 1429.3% with its focus on “urban outdoor” clothing!



OPEC slashes oil demand forecast! On Wednesday (October 12) local time, OPEC lowered its 2022 world oil demand growth forecast in its monthly report, the fourth time since April. O…

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Polyester filament: demand may be exhausted in advance, polyester filament supply pressure increases

Polyester filament: demand may be exhausted in advance, polyester filament supply pressure increases



[Introduction] The demand for “Silver Ten” is less than expected. Since the holiday, polyester filament has first increased and then declined. Winter orders are coming …

Common formulas for calculating woven fabric technology

Common formulas for calculating woven fabric technology



For fabric designers, fabric specification calculation is the basis for guiding factories to produce products. For salesmen, it is a means of communicating with customers, quoting …

just!  Growth beyond expectations!  Prices of more than 100 chemical raw materials have increased!

just! Growth beyond expectations! Prices of more than 100 chemical raw materials have increased!



Recently, the central bank’s official website released a financial statistics report for the first three quarters of 2022. China’s M2 in September increased by 12.1% ye…


 
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