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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 -
Zara company sales in the first three quarters of 1990 billion, high gross margin contribution
Recently, Inditex Group, the parent company of Zara, released the first three quarterly report of the fiscal year 2023. image.png For the nine months ended Oct. 31, Inditex’s sales rose 11.1% from a year earlier to 25.6 billion euros, or 14.9% at constant exchange rates. Gross profit increa...Read more -
Nike quietly rolling layoffs! No announcement has been made on the size of the cuts or the reasons for them
On December 9, according to media reports: In a rolling round of layoffs, Nike sent an email to employees on Wednesday announcing a series of promotions and some organizational changes. It made no mention of job cuts. Layoffs have hit many parts of the sportswear giant in recent weeks. Nike has ...Read more -
Zheng cotton continued brush a year and a half new high cotton price in May trend?
While other domestic commodities are weak, cotton futures have “outperformed” and started to rise since late March. Specifically, after the end of March, the price of cotton futures main contract 2309 rose steadily, the cumulative increase of more than 10%, the highest intraday hit 15...Read more -
Textile news breakfast
【 Cotton Information 】 1. On April 20, the quotation of China’s main port fell slightly. International cotton price index (SM) 98.40 cents/lb, down 0.85 cents/lb, reduced the general trade port delivery price of 16,602 yuan/ton (based on 1% tariff, exchange rate based on the central price...Read more -
A sharp drop in foreign trade orders? Cao Dewang sharp interpretation! Shoutout: Embrace reality
Recently, Cao Dewang accepted the interview of “Jun product Talk” program, when talking about the reason for the sharp decline in foreign trade orders, he believes that it is not the US government to withdraw your order, but the market to withdraw the order, is the market behavior. pi...Read more -
It’s hard to walk! Orders are down 80% and exports are tumbling! Do you get positive feedback? But they are uniformly negative…
China’s manufacturing PMI eased slightly to 51.9 per cent in March The purchasing managers’ index (PMI) for the manufacturing sector was 51.9 percent in March, down 0.7 percentage points from the previous month and above the critical point, indicating that the manufacturing sector is ...Read more -
Red flag: High prices of raw materials have severely inhibited demand, ammunition, weaving production cut and shutdown phenomenon increased
Red flag, textile exports down 22.4%! According to the General Administration of Customs, the export of textile and clothing in January and February was 40.84 billion US dollars, down 18.6% year on year, among which the export of textile was 19.16 billion US dollars, down 22.4% year on yea...Read more -
News breakfast
【 Cotton Information 】 1. According to the China Cotton Quality Notary and Inspection Network, as of April 2, 2023, Xinjiang has been inspecting 6,064,200 tons of 2020/23 lint. In 2022/23, the number of cotton inspection enterprises in Xinjiang reached 973, while in 2019/20, 2020/21 and 2021/2...Read more -
Will”Pester to cotton” market continues to go higher?
In the first half of this year,”cotton to polyester” appears again in the cotton textile market,the change of substitute price difference is an important reason for manufacturers to choose to change production. Futures daily reporter learned that both cotton and polyester stapl...Read more -
Fluoro-free waterproof fabric FAQ
PFOA, PFOS have caused global pollution, fluorine pollution problem tends to be serious, PFOA is the most difficult to degrade organic matter, which even has been found in the Arctic; on October 27,2017, (PFOA) as class 2B carcinogens was listed in the WHO International Institute of Cancer carci...Read more -
Turning waste into treasure: Can shredded cotton also be used as fertilizer?
A study in the rural town of Goondiwindi Queensland in Australia has unearthed that shredded cotton made textile waste to cotton fields is beneficiary to soil without any adverse effect. And can offer profits to soil health, and a scalable solution to the huge global textile waste situation. A 12...Read more -
The freight rate fell for the first time on the whole route!Is the third quarter a turning point?
Recently, the British aviation consulting agency (Drewry) released the latest World Containerized Freight Index (WCI),which showed the WCI continued to fall 3% to $7,066.03/FEU. It is worth noting that the spot freight rate of the index, which is based on the eight major routes of Asia-America, A...Read more
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