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Putin’s phone call with Saudi Arabia’s crown prince could cause another turmoil in the oil market?
According to a report by Xinhua News Agency on July 21, according to news released on the Russian President’s website, the leaders of Russia and Saudi Arabia made positive co…

Vietnam’s textile and clothing industry is recovering from difficulties and may achieve its full-year target of US$43 billion!
Hanoi (VNA) – Vu Duc Giang, president of the Vietnam Textile and Apparel Association (VITAS), said at a press conference held on the morning of July 21 that despite many diff…

Inventory: Latest progress of eight major 10-million-ton refining and chemical integration projects
From 2016 to 2020, the National Development and Reform Commission focused on planning and developing seven major petrochemical industry bases, and actively promoted a number of wor…

Will power cuts come? Keqiao’s printing and dyeing business may be affected by insufficient power consumption
Recently, high temperatures above 40 degrees Celsius have been common in Zhejiang for many days, and ensuring the supply of electricity for enterprise production has once again att…

The commodity market is “green, red, red and thin”. How will cotton spinning companies respond?
Recently, against the background of the Federal Reserve’s continuous interest rate hikes, the trend of commodities has poured down like a waterfall, causing great damage to t…

What impact will the implementation of the RMB “settlement order” have on textile people?
When talking about world currencies, perhaps the first thing that comes to mind is the US dollar. And this situation may soon become a thing of the past. On July 21, the “Not…

Conflicts intensify, the port is shut down, and the strike will exacerbate congestion at US ports!
Port of Oakland shut down Recently, the Oakland International Container Terminal (OICT) in California announced that it would close the freight business of the Port of Oakland and …

Market sentiment eases, polyester chain trend picks up
Although international oil prices softened overnight, the polyester chain trend picked up on the 22nd, and PTA rebounded from a low level, closing at 5,648 yuan, up 1.69%, ranking …

Terminal drag, PTA’s upward strength may be limited
Introduction: Recently, the supply and demand of PTA itself has slightly improved. Buying orders for immediate needs still exist. PTA prices have stopped falling and rebounded slig…

Continuing high temperatures! Will power rationing come again? Keqiao printing and dyeing industry: 50% to 60% of the business itself uses insufficient electricity!
As the hot summer approaches, the issue of electricity consumption has once again become the focus of enterprises. Recently, high temperatures above 40 degrees Celsius have been co…