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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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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 »
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Recently, downstream users concentrated cover positions, polyester filament enterprises inventory pressure to slow down, and the current cash flow of some models is still a loss, the company is willing to support the market is strong, the market trading atmosphere at the beginning of the week is ...Read more »
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At the end of the year, many garment factories are facing a shortage of orders, but recently many owners say their business is booming. The owner of a garment factory in Ningbo said that the foreign trade market has recovered, and his factory works overtime until 10 p.m. every day, and the worker...Read more »
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Recently, the second phase of Hainan Yisheng Petrochemical project with a total investment of 8 billion yuan has been completed and entered the trial operation stage. The total investment of the second phase of Hainan Yishheng Petrochemical project is about 8 billion yuan, includin...Read more »
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Since mid-November, the Houthis have been carrying out attacks on “vessels linked to Israel” in the Red Sea. At least 13 container liner companies have announced that they will suspend navigation in the Red Sea and nearby waters or circumnavigate the Cape of Good Hope. It is estimated...Read more »
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According to the analysis of the authoritative industry body, the latest situation reported by the U.S. Department of Agriculture in December reflects continued weak demand across the supply chain, and the global supply and demand gap has narrowed to only 811,000 bales (112.9 million bales produc...Read more »