Raw material prices have fallen, and downstream companies have a strong wait-and-see sentiment.
Recently, Zheng Cotton has been pulling back for about a week and continues to fluctuate around 17,500 yuan/ton. Raw material prices have fallen, and downstream spinning companies …
Jihua Group: Net profit surged 76.9% year-on-year in the first half of 2021
Jihua Group disclosed its interim report on August 25, 2021. The company achieved total operating income of 1.16 billion in the first half of 2021, a year-on-year increase of 54.7%…
Concerns remain, cotton and cotton yarn both closed down
On Tuesday, cotton and cotton yarn both closed lower, and both hit their lowest level in more than a month. The external market fell as Hurricane Ida eased concerns about crop dama…
August survey: The weaving market is under pressure and wait-and-see sentiment is rising
At present, the overseas epidemic situation continues and the world economic and trade situation is complex and severe. Our country’s achievements in coordinating epidemic pr…
The current situation at U.S. ports: It’s out of control! Freight rates will remain high until 2022
Yiwu, Zhejiang is the world’s largest distribution center for Christmas supplies, with two-thirds of the world’s Christmas supplies coming from here. According to CCTV …
With light demand and loose supply, spandex prices are expected to remain high.
Recently, news of the collapse of spandex has been coming one after another, but it is true that since late August, the trend of spandex has begun to weaken. As the overall downwar…
Profitability has soared, and the leading chemical fiber company is happy! Unprofitable sales and lack of orders have made weaving companies miserable!
According to the practice of previous years, market orders will be issued one after another in late August, paving the way for the arrival of the “Golden Nine”. However…
New ship orders have surged, and the supply of ships exceeds demand. The “hard-to-find” situation may continue until the first half of next year!
On August 30, CIMC Group held a performance briefing for the first half of 2021 at its headquarters in Shenzhen. Mai Boliang, Chairman and CEO of CIMC Group, conducted a study and …
The cotton market has cooled down, but bidding enthusiasm remains high
From August 2 to August 31, under the influence of the weakening of the macro economy and the Federal Reserve’s interest rate meeting, commodity prices began to fluctuate widely, a…
The situation of US cotton exports in 2021/22 is not optimistic
Last week, international spot transactions were generally acceptable, but US cotton sales were disappointing, mainly because China did not purchase. Although the US cotton signing …


