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Major shoe manufacturers estimate that orders may drop by 10 million pairs this year
Recently, according to media reports: Fengtai (9910), Nike’s main OEM shoe manufacturer, was affected by inventory adjustments by brand customers. The company’s net pro…
OPEC+’s production cut resulted in a weekly decline. Does oil price still have upward momentum?
Commodities as a whole have entered a rebound rhythm in the past two trading days. Crude oil, supported by production cuts, should have performed well, but oil prices seem to have …
Focus! A new round of crisis is coming in Southeast Asia! A large number of foreign-invested factories are affected, which may threaten textile exports!
Recently, a heat wave has swept across Southeast Asia, with high temperatures breaking historical records in many countries. Sustained high temperatures pose challenges to the powe…
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…