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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…
Ice and Fire for Foreign Traders: The growth rate reaches a ten-year high, and it is hard to find a “ticket” for ships and cabinets
The past half year of 2021 can be called the golden age of China’s foreign trade industry. On August 10, the Ministry of Commerce announced China’s foreign trade performance …
Brand effect and large-scale development will become important bargaining chips for polyester leaders to compete for the market.
With the rapid development of China’s economy in recent years, China’s polyester industry has gradually improved its global market position. Data shows that China’…
After 15 years of “cooperation”, Adidas and Reebok cannot escape the fate of “breaking up”
In 2006, Adidas spent US$3.8 billion to acquire Reebok, the American sports brand ranked third in the world at the time, hoping to strengthen its strength to compete with Nike. But…
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The production reduction storm is coming! Life is getting harder for polyester factories! Vietnam’s textile and clothing industry faces the risk of delivery delays and order losses
1. The production reduction storm is coming! Four major chemical fiber manufacturers plan to reduce production by 20% (Hot: ★★★★★★★★) Terminal demand has weakened significantly rec…
Nylon prices may fall in the short term
According to statistics, the domestic nylon market last week (August 9-13) was running smoothly. As of August 13, the price of nylon filament DTY (high-quality product; 70D/24F) in…
The trend of “reshoring” orders is obviously slowing down, and uncertainty risks still need to be vigilant
“Orders have decreased a lot now. All orders in July and August have been shipped, but customers have not placed additional orders. The peak period is in March and April, whe…