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New Year outlook: The area of cotton planted in the United States may remain stable in 2024
China Cotton network news: The United States cotton industry well-known media “Cotton farmers Magazine” survey in mid-December 2023 showed that the United States cotton planting area in 2024 is expected to be 10.19 million acres, compared with the United States Department of Agricultu...Read more -
Imported cotton: cotton prices inside and outside the expansion of traders promotion willingness to weaken
China Cotton network news: According to the feedback of some cotton trading enterprises in Qingdao, Zhangjiagang, Nantong and other places, with the continuous shock rise of ICE cotton futures since late December, December 15-21, 2023/24 American cotton not only continued to increase the contract...Read more -
Another textile printing and dyeing industrial park with an investment of 3 billion yuan and the scale of over 10,000 looms is about to be completed! Anhui emerged 6 textile clusters!
It is only less than three hours’ drive from Jiangsu and Zhejiang, and another textile industrial park with an investment of 3 billion yuan will be completed soon! Recently, Anhui Pingsheng Textile Science and Technology Industrial Park, located in Wuhu, Anhui province, is in full sw...Read more -
Take the initiative to delist! Weiqiao textile in what kind of chess?
When many enterprises “cut their heads” to seek listing, Weiqiao Textile (2698.HK), a large private enterprise of Shandong Weiqiao Venture Group Co., LTD. (hereinafter referred to as “Weiqiao Group”), has taken the initiative to privatize and will delist from Hong Kong sto...Read more -
Vietnam fake Nike factory inspected! Li Ning Anta market value evaporated nearly 200 billion!
Overestimating market demand Li Ning Anta’s market value evaporated nearly HK $200 billion According to the latest analyst report, due to overestimating the demand for sports shoes and clothing for the first time, domestic sportswear brands began to falter, Li Ning’s share pric...Read more -
Burst! The three chemical giants have withdrawn from PTA business! Surplus pattern is difficult to change, continue to eliminate this year!
PTA doesn’t smell good? Many giants successively “out of the circle”, what happened? Burst! Ineos, Rakuten, Mitsubishi exit PTA business! Mitsubishi Chemical: On December 22, Mitsubishi Chemical successively announced a number of news, including the announcement of...Read more -
800,000 looms! 50 billion meters of cloth! Who do you want to sell it to?
This year’s market is not good, the internal volume is serious, and the profit is very low, when Xiaobian and the boss talked about the reasons for this situation, the boss almost unanimously said that it is because of the rapid expansion of production capacity in the Midwest. From n...Read more -
Red Sea crisis continues! Vigilance is still needed, and this factor cannot be ignored
What Industrial Co., LTD. (hereinafter referred to as “What shares”) (December 24) issued an announcement that the company and Luoyang Guohong Investment Holding Group Co., LTD. As the global central bank tightening cycle draws to a close, inflation in major economies is gradually fal...Read more -
450 million! The new factory is completed and ready to start!
450 million! The new factory is ready to start On the morning of December 20, Vietnam Nam Ho Company held a factory inauguration ceremony in Nam Ho Industrial Cluster, Dong Ho Commune, Deling District. Vietnam Nanhe company belongs to Nike main factory Taiwan Fengtai Group. This is ...Read more -
The Houthis once again warned the United States to stay out of the Red Sea
The leader of the Houthi armed forces has issued a stern warning against the claim by the United States that it is forming a so-called “Red Sea escort coalition”. They said that if the United States launched a military operation against the Houthis, they would launch attacks on Americ...Read more -
Before the festival to grab a wave of rebound, market orders have risen steadily! Some dye factory load is sufficient, are in the last bus before the festival!
December 19th – December 25th First, the domestic market (1) Wuxi and surrounding areas The recent market demand has improved slightly, some orders have been implemented, and the cloth factory orders have improved slightly, which has promoted the recovery of the cloth ...Read more -
RMB hits record high!
Recently, transaction data compiled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) showed that the yuan’s share of international payments rose to 4.6 percent in November 2023 from 3.6 percent in October, a record high for the yuan. In November, the renminbi’...Read more -
Upstream a fire, downstream a basin of water! “Hot and cold” on the way of polyester filament rebound
Recently, downstream users concentrated cover positions, polyester filament enterprises inventory pressure to slow down, and the current cash flow of some models is still a loss, the company is willing to support the market is strong, the market trading atmosphere at the beginning of the week is ...Read more -
Bomb! Trampled more than 10 sets of sewing machines, the order is scheduled to next May, the clothing market is picking up?
At the end of the year, many garment factories are facing a shortage of orders, but recently many owners say their business is booming. The owner of a garment factory in Ningbo said that the foreign trade market has recovered, and his factory works overtime until 10 p.m. every day, and the worker...Read more -
Total investment of 8 billion yuan! The Giant project with an annual output of 2.5 million tons of PTA and 1.8 million tons of PET has been completed and is being put into trial operation
Recently, the second phase of Hainan Yisheng Petrochemical project with a total investment of 8 billion yuan has been completed and entered the trial operation stage. The total investment of the second phase of Hainan Yishheng Petrochemical project is about 8 billion yuan, includin...Read more -
Suez Canal gate “paralyzed”! More than 100 container ships, worth more than $80 billion, were stranded or diverted, and retail giants warned of delays
Since mid-November, the Houthis have been carrying out attacks on “vessels linked to Israel” in the Red Sea. At least 13 container liner companies have announced that they will suspend navigation in the Red Sea and nearby waters or circumnavigate the Cape of Good Hope. It is estimated...Read more -
Supply and demand or maintain balance next year cotton prices how to run?
According to the analysis of the authoritative industry body, the latest situation reported by the U.S. Department of Agriculture in December reflects continued weak demand across the supply chain, and the global supply and demand gap has narrowed to only 811,000 bales (112.9 million bales produc...Read more -
23 textile printing and dyeing enterprises have been discontinued! Shaoxing surprise inspection at the end of the year, what was found? .
The end of the year and the beginning of the year are the prone and high occurrence periods of accidents. Recently, accidents across the country have continued, but also sounded the alarm for safety production. In order to continue to press the main responsibility of the safety production of the ...Read more -
The weekly cotton market is temporarily in a vacuum period and the price is slightly volatile
China cotton network special news: In the week (December 11-15), the most important news in the market is that the Federal Reserve announced that it will continue to suspend interest rate hikes, because the market has reflected it in advance, after the news was announced, the commodity market did...Read more -
Order enough! The factory announced the recruitment of 8,000 workers
Recently, many textile, garment and shoe enterprises in Ho Chi Minh City need to recruit a large number of workers at the end of the year, and one unit has recruited 8,000 workers. The factory employs 8,000 people On December 14, the Ho Chi Minh City Federation of Labor said that th...Read more
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