
Last month, the price of cotton yarn increased significantly due to the impact of cotton. After entering August, the wait-and-see trend was obvious, and market sales showed signs of decline!
Affected by the rise in cotton, the price of pure cotton yarn has increased and the increase has been relatively large. As of August 12, 2021, CY C32S pure cotton yarn closed at 26…

Zhejiang Petrochemical Project has obvious benefits! Chemical fiber leader Rongsheng Petrochemical’s net profit in the first half of the year exceeded 6.5 billion
On the evening of August 12, Rongsheng Petrochemical released its 2021 semi-annual report. During the reporting period, the listed company achieved operating income of 84.416 billi…

New cotton is about to be launched. There are some things that need to be emphasized.
In early August, Xinjiang cotton began to set bolls. Although the cotton was disturbed by weather in the early stage of growth, field management measures were strengthened in the l…

The polyester staple fiber industry is ushering in a new round of scale expansion. Can short fiber futures and production expansion contribute to a new pattern?
Following the fiery expansion pace of the polyester filament industry, currently, the polyester staple fiber industry has also entered a new period of scale expansion, ushering in …

Following Vietnam’s lockdown, another Southeast Asian textile powerhouse can no longer hold on: its exports have dropped significantly and the lockdown will be gradually relaxed!
According to the recent reports that Vietnam’s textile and garment industry has faced delivery delays and the risk of order loss, another Southeast Asian textile powerhouse c…

The epidemic is causing a downturn in downstream areas, and polyester factories can’t stand it: they are reducing production and promoting sales!
This week the profits of major polyester manufacturers soared 25 times, “Delta” conquered Southeast Asia, four mainstream polyester factories planned to reduce producti…

The state’s $500 billion in cash may push up commodity prices. Cotton, which has gone “crazy” in price, is starting to rise again. The price of cotton yarn has been raised by 200 yuan again, and downstream customers are gradually accepting the price of raw materials!
Zheng Cotton still had some intention of making a U-turn last week. On Tuesday this week, ICE cotton futures jumped to a high of more than three years. Why the sudden surge? On Tue…

Emergency supply cutoff! Nine major manufacturers including BASF and Covestro collectively encountered force majeure! The textile supply chain may be hit again!
According to market news, nine major manufacturers have recently declared force majeure and cut production by half! The market is out of stock and supply sentiment is becoming tens…

Consumption collapsed, raw materials fell, orders were difficult to receive, and the peak season was not “busy”! The market has returned to its former calm!
For today’s textile companies, orders are definitely the primary concern. Orders represent demand, it means that inventory will no longer accumulate, and it means that the co…

Shipping prices have risen sharply, and BDI has reached a record high in ten years! Will commodities “rise when the tide lifts all boats”?
Since the beginning of this year, the Baltic Dry Index (BDI) has shown a sharp upward trend as a whole. On August 13, the BDI closed at 3,566 points, the highest level since mid-20…