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European and American countries are about to implement “carbon tariffs”. Will the textile industry be affected?
After nearly two years of negotiations, the European Parliament formally approved the EU Carbon Border Adjustment Mechanism (CBAM) after a vote. This means that the world’s f…
In 2023, is it a foregone conclusion that the textile and clothing market will be “strong internally and weak externally”?
The GDP in the first quarter of 2023 was 28,499.7 billion yuan. Calculated at constant prices, it increased by 4.5% year-on-year and 2.2% quarter-on-quarter compared with the fourt…
The Federal Reserve raised interest rates by 25 basis points, and the U.S. dollar and oil prices plummeted. How much impact will it have on A-shares?
On May 3, local time, the U.S. Federal Reserve concluded its two-day monetary policy meeting and announced an increase in the federal funds rate target range by 25 basis points to …
The demand side is weak, and PTA showed an “M” shaped trend in April.
According to the SunSirs commodity market analysis system, the domestic PTA market in April showed an “M”-shaped trend, with an overall decline. As of April 29, the spo…
Departing from the trend of ICE, Zheng Mian has an independent counterattack
Since April, ICE cotton futures have started to fall back in shock. Currently, bulls and bears are competing at the 80 cents/pound mark. In addition, the U.S. Federal Reserve annou…
Imported yarn: the price difference continues to narrow, Indian yarn is popular
In March 2023, my country imported 137,000 tons of cotton yarn, a month-on-month increase of 45.84%, and a year-on-year increase of 10.31%; it exported 24,500 tons of cotton yarn, …
The trend of store closures comes one after another, and European and American fast fashion is facing a “big retreat”
Recently, MANGO, a fast fashion brand from Spain, has closed two offline stores in Beijing, leaving only Yantai Joy City, the only offline store still open in China. The trend of i…
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Annual reports have been released one after another. The six major textile leaders: increased revenue but not profit last year!
Recently, leading polyester companies such as Hengli, Rongsheng and Tongkun have successively released performance reports for the 2022 fiscal year. The report shows that the sales…
What’s new in the “18 Articles” of foreign trade?
Since the beginning of this year, China’s foreign trade import and export has started steadily and improved month by month. In the first quarter, the total import and export …
The apparel industry will stall again in 2022, and “what you wear” is not as good as “what you step on”
In 2022, the word “difficulty” is the consensus of almost all apparel industries, especially established local apparel companies. Meibang Apparel achieved operating inc…