Latest Articles
Freight rates continue to decline, with zero and “negative” freight rates emerging.
Affected by weak global demand and sluggish economic prospects, freight rates on major routes in the market continue to decline and may remain in a downward trend for a long time. …
As a major textile exporting country, how much impact will the depreciation of the RMB have on textile companies?
The U.S. dollar index continues to rise, putting pressure on the exchange rates of non-U.S. currencies. The onshore and offshore RMB exchange rates have fallen against the US dolla…
Vietnamese factory orders dropped by 50%, a large number of workers returned home, and some workers returned to their old jobs…
Recently, according to Vietnamese media reports: “We spent a lot of effort and money recruiting workers and now we have to accept they’re leaving,” Mr Shipp said.…
International crude oil returned to weakness, and the polyester sector turned from rising to falling
Last night, international oil prices fell sharply again. During U.S. stock market trading, U.S. oil fell nearly 6% at one point, falling below $85/barrel for the first time since J…
Weaving startups are picking up, polyester production and sales are getting warmer, and polyester inventories have dropped sharply! Is the peak season signal for the textile market coming?
With the coming of the Golden Nine, Silver Ten and foreign Christmas seasons, this may be a major opportunity for textile and apparel people to make a comeback this year, because j…
Clothing brands are collectively facing a wave of layoffs. What’s the next demand for textiles and clothing: Is it still worth looking forward to?
Recently, news of layoffs by many companies at home and abroad has once again made people feel uneasy about the current situation of the textile and apparel market. More than 2,800…
Vietnam is also unable to escape the order shortage. Orders in the textile industry have been cut in half, and workers are taking turns to take vacations…
Financial Associated Press, September 2: High inflation and an unprecedented energy crisis once in decades—recently, when people in Europe and the United States are frightened by t…
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Factors affecting the price of new cotton weighing
The launch of new flowers in 2022 is approaching, and the price and market trend of seed cotton have become the focus of the current market. The author has sorted out and analyzed …
Three factors lead to Indian cotton mills accelerating the “de-cottonization”
According to reports from some cotton-related companies in Maharashtra, Gujarat and other places, since 2021/22, the raw material procurement trend of some Indian yarn mills has be…
Bonded cotton quotations are in chaos, and the trend of traders raising prices has not changed
According to feedback from several cotton textile companies and cotton middlemen in Jiangsu, Shandong, Henan and other places, due to the sharp decline in ICE cotton futures in the…