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Freight rates will fall in the coming weeks, with CMA CGM bearing the brunt!
01 CMA CGM announces targeted reduction of sea freight rates It is reported that CMA CGM announced yesterday that it has decided to take measures to reduce container transportation…
Traders lower the basis, cotton companies are cautious
According to feedback from several cotton traders in Henan, Jiangsu and other places, the market price of Zheng cotton CF2209 contract has returned to the range of 17,000-17,500 yu…
The price difference between domestic and foreign prices is inverted, and Indian cotton stocks continue to decline
According to feedback from some cotton textile enterprises in Jiangsu, Zhejiang, Shandong and other places, considering that the price difference between domestic and foreign cotto…
ICAC July report: Cotton market is in a stable period
The July global production demand forecast released by the International Cotton Advisory Committee (ICAC) believes that the current cotton market is in a rare stable period in the …
Container ports on all continents are severely congested, and the three major alliances have canceled a total of 61 voyages!
Currently, container port congestion is becoming increasingly serious on all continents. Clarkson’s Container Port Congestion Index shows that as of last Thursday, 36.2% of t…
The terminal situation is not good, and the supply and demand side drags down the rebound space of the polyester chain.
The polyester chain rebounded for two consecutive days, but fell collectively before noon on the 5th and rebounded in the afternoon. PTA led the decline by 2.7%, closing at 6,467 y…
The upstream has become rich and the downstream has suffered. When will the current situation of high inventory in the polyester industry chain change?
Last week, news of a polyester factory cutting production touched the hearts of textile people. Several leading polyester manufacturers, including Xinfengming, Tongkun and Hengyi, …
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Strictly control yarn neps starting from these aspects
With the continuous development of the modern textile industry, the increase in the international trade volume of textiles, the diversification of textile product varieties, and th…
What is the reason for the current sharp drop in oil prices?
Liu Shuangshuang, an energy and chemical analyst at Sanli Futures, said in an interview with reporters that yesterday’s sharp drop in crude oil is closely related to macro ri…
Serious! The escalation of cotton fermentation in Xinjiang affects Bangladesh. 400 textile factories in Pakistan are facing closure!
Xinjiang cotton fermentation upgrade According to foreign reports, Bangladesh’s clothing exports to the United States may be hit due to the United States’ restrictions …