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Taking stock of the export data of major textile and clothing countries, what changes have occurred in the flow of textile orders?
According to the latest data released by the General Administration of Customs on July 13, in U.S. dollars, my country’s total textile and apparel exports in the first half o…
The default storm of more than 500 billion US dollars is sweeping across. How should textile companies respond?
Recently, Copenhagen-based Maersk issued a statement stating that global container trade may shrink by as much as 4% this year as there is no substantial sign of recovery within th…
US cotton contract imports are expected to accelerate in the second half of the year
According to the USDA U.S. Cotton Export Weekly Report, in the week of July 21-27, 2023, the contracted volume of U.S. upland cotton exports in 2022/23 was -2,247 tons, a 47% decre…
Selling sentiment is high, and supply and demand pressure on long-staple cotton is difficult to ease.
According to feedback from several cotton spinning companies in Shandong, Jiangsu, Henan and other places, the quotations of Xinjiang long-staple cotton from warehouses inside and …
The cost end is dragged down, and polyester filament is expected to remain in a stalemate.
Introduction: Recently, downstream orders have improved month-on-month, and market capital circulation has increased. However, when the PTA of polyester filament has increased slig…
Sudden! The yuan fell nearly 500 points!
On August 8, the offshore RMB exchange rate against the US dollar fell below the 7.21, 7.22, 7.23, 7.24 and 7.25 levels during the session. Wind data shows that as of 22:18, the of…
Supply shrinks, may oil prices rise?
Since the end of June, international crude oil prices have continued to rebound and hit new highs during the year. The highest price of active NYMEX WTI crude oil futures contracts…
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Will cotton prices break upward or fluctuate downward? Let’s see what both the bulls and the bears have to say…
In the first week of reserve cotton sales, a total of 50,000 tons of reserve cotton resources were listed, with a total transaction volume of 50,000 tons, and a transaction rate of…
Data analysis: Textile and apparel exports fell again in July
Introduction: my country’s textile and apparel exports fell again in July, and the cumulative decline expanded. Data source: General Administration of Customs According to th…
The RMB continues to depreciate! Is the exchange rate at a critical point in the long-short game?
On August 8, the offshore RMB exchange rate against the US dollar fell below the 7.21, 7.22, 7.23 and 7.24 levels during the session, falling nearly 400 points within the day. The …