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Why do cotton yarn spot trends deviate from cotton yarn futures?
Since November, cotton yarn futures have bottomed out and rebounded. The main contract CY2301 has risen from 19,000 yuan/ton to 21,485 yuan/ton. It is currently consolidating in th…
The 2.5 million tons PTA device is about to be put into operation! Severe tearing between upstream and downstream, PTA companies suffered losses throughout the year!
In recent years, the PTA industry chain integration project has continued to improve, new equipment has been put into operation, some backward production capacity has been cleared,…
The volume of new cotton on the market has dropped by nearly 50%, and India’s cotton production may be overestimated!
According to statistics released by India’s AGM, as of December 4, 2022, India’s cumulative cotton market volume in 2022/23 is approximately 908,400 tons, a decrease of…
Foreign cotton: ON-CALL’s downward trend continues
According to CFTC statistics, as of November 29, 2022, the long rate of ICE Cotton Futures Fund has dropped to 6.92%, a drop of 1.34 percentage points from November 22; and as of N…
Supply and demand reversal! Shipping containers are “waiting for cargo to arrive”, and a large number of empty containers are piled up at the port!
In the past two years, the shipping market has undergone a transformation from “a container is hard to find” and “a cabin is hard to find” to “empty c…
To deal with export problems, textile companies come up with unique strategies
Currently, inflation in the European and American markets is intensifying, market demand is declining, the COVID-19 epidemic is spreading, production costs are rising, and geopolit…
Southeast Asia is no longer a blessed land for textile pollution. Vietnam’s textile industry will be more environmentally friendly in 2030
The Vietnam Textile and Apparel Association (VITAS) has set goals to help the country’s textile and apparel industry become more environmentally friendly by 2030, by which ti…
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Textile and apparel exports from January to November were close to US$300 billion, and the month-on-month decline in November narrowed
According to the latest data released by the General Administration of Customs on December 7, in U.S. dollars, affected by factors such as inventory backlogs and reduced orders in …
Plunged nearly 50%! Russia suddenly encounters a big storm? A wave of layoffs swept Wall Street, and the New York Times went on strike for the first time in more than 40 years with thousands of employees! South Korea suffered a “fatal blow”
The global energy market is setting off a big storm! In the first week when the European Union and the Group of Seven imposed a ban on Russian crude oil, Russian crude oil exports …
Promote the overall improvement of economic performance and achieve effective improvement in quality and reasonable growth in quantity – looking at the new direction of China’s economic work in 2023 from the Political Bureau meeting of the CPC Central Committee
On December 8, Xinhua News Agency released “Promoting the overall improvement of economic operations and achieving effective improvement in quality and reasonable growth in q…