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OPEC+ decided not to adjust production, U.S. crude oil inventories hit a one-and-a-half-year high, and oil prices once fell by more than 3%
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting started at 2 pm Vienna time on Wednesday (9 pm Beijing time). OPEC+ representatives subsequently stated that the OPE…
Judgment and causes of card clothing failure
Judgement of Card Clothing Failure Card cloths for carding machines are respectively installed on the pre-carding rack cover, lick-in roller, fixed cover, cylinder, doffer, and rot…
Many merchants in China Textile City suffered huge compensation claims inexplicably, and we found out
Some people claimed that textile merchants had infringed the copyright of patterns and patterns. If the claims failed, they filed lawsuits. In the end, the defendant merchants lost…
Faster than Vietnam! This Southeast Asian country’s exports are growing strongly and its cooperation with China is highly anticipated.
In 2022, against the backdrop of slow or even recession in global economic growth, the Malaysian economy has steadily recovered, with strong export growth. According to Malaysian o…
Southeast Asia and the central and western regions are like wolves and tigers, and favorable policies have been introduced one after another to help the high-quality development of the textile industry.
The world economic recovery has slowed down, resulting in a reduction in orders in the international market. In response to the international financial crisis, various countries ha…
Under the dual pressure of high costs and low demand, where will the polyester industry go in the new year?
Yesterday, reporters observed from the data monitored by the First Textile Network that as of the evening of January 31, 2023, a total of 45 A-share listed textile and chemical fib…
In 2022, my country’s GDP will exceed 120 trillion yuan, an increase of 3%
The National Bureau of Statistics released data on the 17th stating that according to preliminary calculations, the gross domestic product (GDP) for 2022 will be 121.0207 trillion …
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Big changes will come in 2023! These international textile material giants have quietly laid out…
In 2023, the external market will still be full of uncertainties. On January 10, the World Bank released the latest “Global Economic Prospects” report, lowering its glo…
Imported yarn: tentative price increase, Indian yarn may “turn around”
According to feedback from cotton yarn traders in Guangdong, Jiangsu and Zhejiang and other places, due to the oscillations of ICE cotton futures during the Spring Festival, Zheng …
The rally came to an abrupt end. Why did cotton, which bottomed out, fall back?
The main contract of Zheng cotton futures hit a low of 12,270 yuan/ton on October 31, 2022, and then bottomed out, with a three-month upward trend. On February 2, the main contract…