News

“With the production of more than 30 new units in the polyester market in 2023, competition for polyester varieties is expected to intensify in the first half of 2024, and processing fees will be low.” For polyester bottle flakes, DTY and other varieties that are put into production m...Read more »

According to the Shanghai Shipping Exchange news, driven by the rise in freight rates on European and American routes, the composite index continued to rise.   On January 12, the Shanghai export container comprehensive freight index released by the Shanghai Shipping Exchange was 2206.03 poin...Read more »

In the first week of the New Year (January 2-5), the international cotton market failed to achieve a good start, the US dollar index rebounded strongly and continued to run at the high level after the rebound, the US stock market fell from the previous high, the influence of the external market o...Read more »

China Cotton network news: According to the feedback of several cotton spinning enterprises in Anhui, Shandong and other places, with the overall increase in the factory price of cotton yarn since the end of December by 300-400 yuan/ton (since the end of November, the price of conventional comb y...Read more »

Chinese textile company Shanghai Jingqingrong Garment Co LTD will open its first overseas factory in Catalonia, Spain. It is reported that the company will invest 3 million euros in the project and create about 30 jobs. The Government of Catalonia will support the project through ACCIO-Catalonia ...Read more »

This week, Zheng cotton yarn CY2405 contract opened a strong rising rhythm, of which the main CY2405 contract rose from 20,960 yuan/ton to 22065 yuan/ton in only three trading days, an increase of 5.27%.   From the feedback of cotton mills in Henan, Hubei, Shandong and other places, the spot...Read more »

China Cotton network news: According to Jiangsu and Zhejiang, Shandong and other places some cotton textile enterprises and cotton traders feedback, since December 2023, China’s main port bonded, spot, shipment of the United States Pima cotton and Egypt Jiza cotton order sales volume is sti...Read more »

The 2023 (20th) “World’s Top 500 Brands” list, compiled exclusively by World Brand Lab, was announced in New York on December 13. The number of Chinese brands selected (48) surpassed Japan (43) for the first time, ranking third in the world.   Among them, four textile and g...Read more »

China Cotton network news: The United States cotton industry well-known media “Cotton farmers Magazine” survey in mid-December 2023 showed that the United States cotton planting area in 2024 is expected to be 10.19 million acres, compared with the United States Department of Agricultu...Read more »

China Cotton network news: According to the feedback of some cotton trading enterprises in Qingdao, Zhangjiagang, Nantong and other places, with the continuous shock rise of ICE cotton futures since late December, December 15-21, 2023/24 American cotton not only continued to increase the contract...Read more »

It is only less than three hours’ drive from Jiangsu and Zhejiang, and another textile industrial park with an investment of 3 billion yuan will be completed soon!   Recently, Anhui Pingsheng Textile Science and Technology Industrial Park, located in Wuhu, Anhui province, is in full sw...Read more »

When many enterprises “cut their heads” to seek listing, Weiqiao Textile (2698.HK), a large private enterprise of Shandong Weiqiao Venture Group Co., LTD. (hereinafter referred to as “Weiqiao Group”), has taken the initiative to privatize and will delist from Hong Kong sto...Read more »

Overestimating market demand Li Ning Anta’s market value evaporated nearly HK $200 billion   According to the latest analyst report, due to overestimating the demand for sports shoes and clothing for the first time, domestic sportswear brands began to falter, Li Ning’s share pric...Read more »

PTA doesn’t smell good? Many giants successively “out of the circle”, what happened?   Burst! Ineos, Rakuten, Mitsubishi exit PTA business!   Mitsubishi Chemical: On December 22, Mitsubishi Chemical successively announced a number of news, including the announcement of...Read more »

This year’s market is not good, the internal volume is serious, and the profit is very low, when Xiaobian and the boss talked about the reasons for this situation, the boss almost unanimously said that it is because of the rapid expansion of production capacity in the Midwest.   From n...Read more »

What Industrial Co., LTD. (hereinafter referred to as “What shares”) (December 24) issued an announcement that the company and Luoyang Guohong Investment Holding Group Co., LTD. As the global central bank tightening cycle draws to a close, inflation in major economies is gradually fal...Read more »

450 million! The new factory is ready to start   On the morning of December 20, Vietnam Nam Ho Company held a factory inauguration ceremony in Nam Ho Industrial Cluster, Dong Ho Commune, Deling District.   Vietnam Nanhe company belongs to Nike main factory Taiwan Fengtai Group. This is ...Read more »

The leader of the Houthi armed forces has issued a stern warning against the claim by the United States that it is forming a so-called “Red Sea escort coalition”. They said that if the United States launched a military operation against the Houthis, they would launch attacks on Americ...Read more »

December 19th – December 25th   First, the domestic market   (1) Wuxi and surrounding areas   The recent market demand has improved slightly, some orders have been implemented, and the cloth factory orders have improved slightly, which has promoted the recovery of the cloth ...Read more »

Recently, transaction data compiled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) showed that the yuan’s share of international payments rose to 4.6 percent in November 2023 from 3.6 percent in October, a record high for the yuan. In November, the renminbi’...Read more »