WTO releases “World Trade Statistical Review 2021”

WTO releases “World Trade Statistical Review 2021”



Recently, the World Trade Organization released the “2021 World Trade Statistical Review”. The report shows that due to the impact of the COVID-19 epidemic, world trade…

Shanghai and Ningbo become the new “king of congestion”! Surpassing Los Angeles and Long Beach!

Shanghai and Ningbo become the new “king of congestion”! Surpassing Los Angeles and Long Beach!



In recent times, due to factors such as typhoons, epidemics, and shortage of terminal labor, congestion at major container ports in China and the United States has become increasin…

The polyester industry chain has set off a wave of price increases, but the fundamentals are not optimistic. The market outlook remains to be seen…

The polyester industry chain has set off a wave of price increases, but the fundamentals are not optimistic. The market outlook remains to be seen…



Recently, the polyester industry chain has begun a wave of price increases from top to bottom. The main contract of MEG once rose to a record high of over 6,000 yuan/ton. PTA&#8217…

Short-term PTA supply and demand weak pattern still exists

Short-term PTA supply and demand weak pattern still exists



According to the price monitoring of SunSirs, the domestic PTA spot market fluctuated and rose in September. As of September 29, the average domestic market price was 5083 yuan/ton…

Unprecedented! U.S. cotton prices are rising, and Türkiye is buying more cotton from other countries

Unprecedented! U.S. cotton prices are rising, and Türkiye is buying more cotton from other countries



Since entering 2021, people all over the world have felt the inflationary pressure on “clothing, food, housing, and transportation”. Among them, the textile industry involved in cl…

Cotton prices soar, textile companies purchase raw materials at high prices

Cotton prices soar, textile companies purchase raw materials at high prices



On September 28, Zheng cotton continued to rise sharply, with the main contract price approaching 19,000 yuan/ton. Faced with soaring cotton prices, business risks for downstream c…

Warning: Xinjiang’s cotton harvest is a foregone conclusion, and companies must guard against business risks

Warning: Xinjiang’s cotton harvest is a foregone conclusion, and companies must guard against business risks



This year, the cotton planting area in Xinjiang has slightly decreased year-on-year. However, thanks to the generally suitable weather conditions, cotton is growing well, the yield…

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China Cotton Industry Inventory Report for September 2021



1. In early September, the national cotton industry inventory usage was about 37.9 days A sample survey of the National Cotton Market Monitoring System showed that as of early Sept…

Three months of gains fell in 3 days. Why did the sea freight rates, which had been soaring, suddenly drop?

Three months of gains fell in 3 days. Why did the sea freight rates, which had been soaring, suddenly drop?



Three months of gains fell in 3 days A few days ago, Ma Yong, the person in charge of a freight company in Ningbo, said that the shipping price from Ningbo Port and Shanghai Port t…

Several textile clusters along the coast are under attack from both sides, and are being chased after having to restrict production.

Several textile clusters along the coast are under attack from both sides, and are being chased after having to restrict production.



Many textile clusters along the coast are facing long-term power outages Currently, many coastal printing and dyeing industry clusters are facing strict policy control. Jiangsu, Zh…


 
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