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China releases crude oil from national reserves to curb excessive rise in oil prices
Crude oil prices maintained a narrow range of oscillation last week, showing that the current market logic is unclear. After the hurricane, changes in the crude oil market were rel…
The epidemic is raging and the industry may be hit hard. It is difficult for this country to get rid of poverty through textiles.
Rubana Huq, president of the Bangladesh Garment Manufacturers and Exporters Association, tweeted: Brands have canceled or postponed orders one after another. We don’t know what to …
Ocean freight rates hit new highs, and container ship market reappears with “sky-high” lease rates
The Christmas peak season has been preceded by port congestion, and container shipping rates have hit a new high. On September 10, the Shanghai Export Container Index (SCFI) releas…
The purchase price of seed cotton opened sharply higher, and the ginners stopped harvesting and waited.
It is understood that since late August, a few ginning factories in Aksu Kuqa, Shaya, Xinhe and surrounding areas have been trial-rolling, mainly because some cotton processing com…
Türkiye adjusts anti-dumping duties on polyester staple fiber related to China
On September 8, 2021, the Turkish Ministry of Trade issued Announcement No. 2021/44. In view of the imminent implementation of safeguard measures on imported polyester staple fiber…
Inventory of the top ten giant chemical companies
Chemical industry is the abbreviation of chemical industry, chemical engineering, etc. Any technology that uses chemical methods to change the composition and structure of substanc…
CMA CGM officially announced that it will stop all spot freight rate increases! Until February 1, 2022!
It is reported that CMA CGM took the lead in officially announcing its decision to stop all spot freight rate increases! CMA CGM stated that this measure will take effect immediate…
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Inventory: Smart Textiles Popular in the Textile Industry
What are smart textiles? Smart textiles can broadly refer to fibers, fabrics and garments that can sense and respond to external stimuli such as temperature, humidity, light, press…
Continued stagnation in production will cause concern, Russian oil production is in focus
Although Russia’s quota under the latest OPEC+ agreement is increasing, current data appears to indicate that the country is still working hard to increase oil production. Th…
Hurricanes intensify energy supply concerns, international oil prices stand at US$70/barrel
Affected by the Libyan issue and Hurricane Ida in the United States, WTI crude oil futures prices once again exceeded $70 per barrel. Brent crude oil futures rose above $73.5 per b…