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How can a traditional textile industry be upgraded into two 100-billion-dollar markets?
In the busy sewing workshop, the “digital brain” orders all production links in an orderly manner; in the bustling e-commerce live broadcast room, popular models are so…
Flash crash in the market! Easing sanctions on Iran? The White House responds! What’s the outlook for crude oil?
Last night, a piece of news detonated the oil market. On the morning of Thursday, June 8, some media quoted insiders as saying that the United States and Iran have made significant…
Looking at the subsequent trends of the polyester industry chain from export data
As the first half of 2023 comes to an end, the demand for polyester and end-use textiles and apparel has varied performance, especially the gap in demand for export and foreign tra…
Why was there a huge increase in US cotton signed in late May for 2022/23?
According to statistics from the USDA Export Weekly Report, in the week of May 12-18, the week of May 19-25, and the week of May 26-June 1, 2023, China signed net contracts of 14,7…
As profits rebound, why can polyester products buck the trend?
Recently, the profits of various downstream polyester products have improved significantly, turning losses into profits. Although polyester production has exceeded the 90% mark, it…
Why is there insufficient motivation for Zheng Mian’s short-term correction?
Since June 5, Zheng Cotton’s main CF2309 contract has continued to consolidate in the range of 16,500-17,000 yuan/ton. From the perspective of technology, position changes, and mar…
Upstream decline continues, ethylene glycol valuation passively repairs
Introduction: Recently, the upstream raw materials of ethylene glycol have shown a significant downward trend. Under this influence, the cost pressure of ethylene glycol plants has…
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Production and sales soared to the “highest peak” of the year! This off-season for the polyester market is “extraordinary”…
June is originally the off-season for the polyester market, but this year the polyester market is “unusual.” The reporter learned that on June 14, the production and sa…
The freight war begins! Maritime trade volume has experienced negative growth, and freight rates in the East and West of the United States have fallen sharply.
Container freight index fell 45.54 points A few days ago, according to the announcement of the Shanghai Shipping Exchange, the Shanghai Export Container Freight Index (SCFI) droppe…
Cotton imports continue downward trend in May
According to customs statistics, my country’s cotton imports in May 2023 were 110,000 tons, a month-on-month increase of 30,000 tons, an increase of 37.5%; a year-on-year dec…