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What is the downstream reaction after the cotton price rises?
This week, domestic and foreign cotton prices rose rapidly and then turned to oscillation, with the average price significantly higher than last week’s level; domestic and fo…

Fabric orders with “a few cents of profit” are all rushing to “make a bloody loss”! Where did all the damn profits go?
What is squeezing the profits of textile foreign traders? Marine shipping’s “crazy summer” Recently, Hapag-Lloyd, MSC , COSCO Shipping, Matson, Kanbara Kisen and many other shippin…

The UAE’s demands may become a “trigger” and OPEC faces a dilemma
At the beginning of the month, there were disagreements in the negotiations between the UAE and OPEC. Since then, the international crude oil price, which has been “passing t…

China’s economy shows its report card for the first half of the year, and the textile industry contributes to the “midterm exam”!
China’s economic development has attracted worldwide attention. What are the results of this year’s “midterm exam”? Preliminary GDP accounting data for the first half of the year r…

8 assessment standards and indicators for functional textiles
Functional textiles mean that in addition to the basic physical properties of conventional textile products, they also have some special functions that conventional textile product…

With an investment of approximately 11.4 billion yuan, the 1.2 million tons ethylene glycol project in Anhui will no longer be constructed.
Recently, when answering investors’ questions about the 1.2 million tons of coal-to-ethylene glycol project of Anhui Youshun New Materials Co., Ltd., Tongkun Holdings stated that d…

Riots in South Africa and work stoppage in Vietnam! The epidemic has caused a shutdown in Southeast Asia, textile orders have returned, and raw materials have increased by more than 150%!
The recent riots in South Africa have dealt a serious blow to two Korean companies there. According to techcentral news, riots broke out in KwaZulu-Natal, South Africa. Samsung’s l…

The sales volume of functional fibers exceeded 18,000 tons, a new breakthrough in the production and operation of Jilin Chemical Fiber in the first half of the year!
In the first half of this year, Jilin Chemical Fiber Group Co., Ltd. closely adheres to the “14th Five-Year Plan” goal of doubling output value, insists on improving st…

There are many worries on the supply side. Can oil prices be stabilized?
This week, the crude oil market oscillated downward, and the long-short game began to briefly determine the winner this week. The bulls began to retreat under the powerful fire of …

The epidemic in the United States has worsened sharply, and OPEC will meet tonight to “break the situation”! These U.S. companies have lost $7.5 billion in crude oil futures hedging…
As the COVID-19 epidemic spread globally in 2020, international oil prices plummeted, and the benchmark price of WTI crude oil futures once fell to negative values. In 2021, as the…