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[Textile Headlines] “The first person to eat crabs” is here! Polyester factories reduce production by 300 tons/day! Can it set off a polyester “production reduction boom”? Prices going to increase?
The COVID-19 epidemic has become the trigger for the recent avalanche of global financial, futures and crude oil markets, and the market has entered a new round of economic depress…
The monthly price of polyester fell by nearly 2,000, and the production and sales of a polyester factory exceeded 1,000%! Is there an opportunity to trade in a Land Rover? Boss Bu: No money, no courage…
On April 2, around 16:45 in the afternoon, the production and sales of several factories in Jiangsu and Zhejiang were around 180%, 200%, 500%, and 500%. The production and sales fi…
The RMB exchange rate has reached a new low, but Boss Bu has no orders to accept, and is even more anxious: no orders, no payments, and no US dollar exchange settlement!
On April 2, the onshore RMB exchange rate against the U.S. dollar opened slightly down 42 points to 7.1100. However, around 9:38, the onshore RMB exchange rate fell to 7.1265 again…
With less than 1/3 of the dyeing factory operating, orders are deteriorating further? The demand for this type of fabric is stable, with a one-time order of 210,000 yuan, and there is still plenty in the market!
Today, the number of confirmed cases of pneumonia overseas has exceeded one million, and there are currently no signs of an inflection point in several countries with large numbers…
The butterfly effect under the suspension of foreign trade: It is difficult for overseas customers to get their money back, and the overdue period is long! Boss Bu switches to producing protective equipment. Is it a solution or a disruption?
Recently, H&M announced that it will pay for “cancelled completed production orders” and will not negotiate prices for orders placed! H&M stated that they are w…
1.5 million meters of non-woven fabric + PE film, cash delivery, urgent quotation waiting! But it’s hard to find a “cloth” and no one dares to pick it up!
The overseas pneumonia epidemic is out of control. Tens of thousands or even more than 100,000 new cases every day have wiped out the confidence of various companies and consumers.…
Just come out after being called out for a long time! The OPEC+ meeting has big news! What impact will it have on the polyester industry chain? Is a new round of “buy, buy, buy” coming?
At 22:00 Beijing time on Thursday, OPEC+ was held as scheduled, and energy ministers from various countries began a closed-door meeting. After the OPEC+ meeting began, sources said…
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The textile market has set off an investment boom. Some people are buying crude oil at the bottom, and some are buying polyester yarn at the bottom. Why is gray fabric no one interested?
Since late March, international crude oil prices have fallen rapidly, with record-low oil prices frequently making media headlines and becoming the focus of everyone’s attent…
Whether workers can be fully recruited, whether the price of polyester yarn will rise or fall, how the exchange rate will fluctuate… Weaving companies have gradually lost the qualification to consider these issues!
For most textile people, 2020 is a difficult day, and the market conditions are turbulent. Difficulties in recruiting workers, sharp rises and falls in raw material prices, and sha…
The warehousing of gray fabrics is maintained at 400,000 meters per day, and some dyeing factories exceed 1 million meters per day! Domestic trade orders may be exerted to reverse the market situation!
Looking at the entire textile industry chain recently, all links have been tortured by the lack of various orders. The atmosphere of various production cuts and suspensions has spr…