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Vietnam is coming fiercely, with textile exports hitting a record high from January to June!
Recently, relevant representatives of the Vietnam Textile and Apparel Association stated at the “Sustainable Cotton Supply Chain Seminar” that in the first half of 2022…
Under the weight of debt, this group lost ownership of Lycra!
According to Fashion Business News, Lycra Group, an American fiber manufacturer owned by China’s Shandong Ruyi Group, officially changed hands a few days ago. Shandong Ruyi&#…
The external market fell too sharply, and cotton purchasing companies were confused.
According to feedback from some cotton traders in Qingdao, Zhangjiagang and other places, affected by the sharp plunge in ICE cotton futures since mid-June, foreign cotton cargoes …
The short-term market is not optimistic, and the probability of cotton prices rising sharply is small.
This week, Zheng cotton began to stabilize and rebound after falling to a low of 16,505 yuan/ton, which was exactly the same as the rebound pattern of U.S. cotton. However, it enco…
New negative news is limited, ethylene glycol’s downside space shrinks
On June 29, news came out in the market that the major polyester manufacturers had jointly cut production more than expected, causing the main players in the polyester chain to giv…
Polyester faucets self-disciplined to reduce production, the weather is cold, and the ethylene glycol market is getting worse!
This year is not a good year for all major textile and chemical fiber raw materials. More than 80% of the varieties have experienced negative returns. Among this large number of vi…
India spends hundreds of millions of yuan to buy coal from Russia!
According to Indian customs documents obtained by the media, India’s infrastructure leader is using RMB to pay for imported Russian coal, and this trend continues to increase…
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Warning! Inflation in this country is as high as 191%, beware of collection risks!
According to CCTV Zhengdian Finance, the Reserve Bank of Zimbabwe (Central Bank) announced that it would raise the country’s benchmark interest rate to a record high of 200%. At th…
Official announcement from the People’s Bank of China! Cross-border e-commerce payment policy welcomes major benefits and will be implemented from July 21
Recently, the People’s Bank of China issued the “Notice on Supporting Cross-border RMB Settlement of New Foreign Trade Business Forms” (hereinafter referred to as…
In the first half of the year, polyester production increased and then decreased.
Introduction: According to data from Longzhong Information, Domestic polyester production in the first half of 2022 was 28.7 million tons, a slight increase of 0.78% from the same …