News

According to the orders and quotations from some cotton trading enterprises and Xinjiang processing plants, in the first ten days of June, the basis of 3129B (fracture specific strength 28-30CN/TEX) in southern Xinjiang such as Bachu, Aksu and Korla was concentrated at 750-950 yuan per ton (bench...Read more »

The largest clothing manufacturer in Russia Transfer production to Bangladesh and Vietnam   Recently, the Russian clothing and footwear manufacturer Gloria Jeans plans to close some of its production facilities in Russia.   These measures will mainly affect the infrastructure of Rostov ...Read more »

The US Chinese Network reported that on Friday, the White House officially ended the “minimum limit” tariff exemption for Chinese imports worth less than $800, marking a crucial step for the Trump administration in trade policy. This adjustment restores the executive order signed by P...Read more »

In the second week of March, under the influence of macro and fundamental factors, ICE cotton futures rebounded continuously.   From the demand side, the US government’s foreign tariffs have brought more uncertainty to the US economy, leading to a decline in the US dollar index, which ...Read more »

In the second week of March, under the influence of macro and fundamental factors, ICE cotton futures rebounded continuously.   From the demand side, the US government’s foreign tariffs have brought more uncertainty to the US economy, leading to a decline in the US dollar index, which ...Read more »

As a raw material for polyester production, the price fluctuation of crude oil directly determines the cost of polyester. In the past three years, geopolitical conflicts have become one of the most important factors affecting international oil prices. Recently, the situation of the Russia-Ukraine...Read more »

On May 12, 2025, according to the joint statement of the China-Us Geneva Economic and Trade Talks, both China and the United States committed to lowering the mutual tariff rates. At the same time, China and the United States reduced the retaliatory tariffs imposed after April 2 by 91%.   The...Read more »

As a raw material for polyester production, the price fluctuation of crude oil directly determines the cost of polyester. In the past three years, geopolitical conflicts have become one of the most important factors affecting international oil prices. Recently, the situation of the Russia-Ukraine...Read more »

As a raw material for polyester production, the price fluctuation of crude oil directly determines the cost of polyester. In the past three years, geopolitical conflicts have become one of the most important factors affecting international oil prices. Recently, the situation of the Russia-Ukraine...Read more »

In 2024, due to the Red Sea crisis, the shipping costs of textile exports are likely to double. However, with the gradual easing of the Palestinian-Israeli situation, there is a clear downward trend in shipping costs in 2025. The latest Shanghai export Container Freight Index (SCFI) fell 148.8 p...Read more »

Data released by the National Bureau of Statistics show that the total cotton output in 2024 is 6.164 million tons, an increase of 546,000 tons over 2023, an increase of 9.7%. Among them, Xinjiang cotton output of 5.686 million tons, an increase of 574,000 tons over 2023, an increase of 11.23 per...Read more »

According to customs statistics, in 2024, China imported a total of 2.61 million tons of cotton, an increase of 33.8%, of which Brazil cotton is the largest import source country, accounting for 42%; The United States came in second with 33 percent. Australia ranked third with 18 per cent, follow...Read more »

According to the notarial inspection data of cotton quality in China, as of April 9, 2025, the total public inspection of cotton in 2024/25 in China was 6.786 million tons (of which the total public inspection of cotton in Xinjiang cotton region was 6.6671 million tons). Considering that since ea...Read more »

In the current fashion market, consumers are increasingly picky about the choice of fabrics, they pursue not only the appearance of fashion and beauty, but also pay more attention to the comfort, practicality and environmental protection of fabrics. It is against this market background that we re...Read more »

Russia’s largest clothing manufacturer Shift production to Bangladesh and Vietnam   Gloria Jeans, a Russian clothing and footwear manufacturer, plans to close some of its production facilities in Russia.   These measures will mainly affect the infrastructure of Rostov Oblast. A se...Read more »

Today, Zheng cotton main continued last week’s decline, hitting a minimum of 13,530 yuan/ton, a new low in three months. New cotton processing continues to be at a high level, and has now exceeded 5.2 million tons, while the downstream pre-replenment is expected to fall, superimposed tariff...Read more »

Recently, Trump’s remarks were like a bombshell, arousing widespread concern in the international community. He has threatened to impose 10 per cent tariffs on BRICS countries if they try to displace the US dollar’s global dominance. This kind of direct threat is not common in interna...Read more »

Bangladesh’s textile and Garment industry: Challenges, opportunities and transformation Bangladesh, a country located in the eastern part of the South Asian subcontinent, occupies a pivotal position in the global supply chain with its strong textile and garment manufacturing industry. The t...Read more »

Since the dust settled after the US election, export tariffs are one of the most concerned issues for many textile people. According to Bloomberg News, members of the new US President’s team recently said in a telephone interview that they would impose the same tariffs as China on any goods...Read more »

With the 2024/25 cotton harvest in China and the United States, the two major cotton producing regions in the Northern Hemisphere, coming to an end, coupled with the 2023/24 cotton processing in Australia and Brazil, the global cotton production and supply pattern of this year is gradually clear,...Read more »