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How can small and medium-sized enterprises in the textile industry take the path of “specialization, specialization, innovation”?
Small and medium-sized enterprises are a new force in national economic and social development. They are an important force in expanding employment, improving people’s liveli…
How will the trend of crude oil be affected by the hurricane?
Report Summary Trend Rating: Crude Oil: Shock Report Date: August 30, 2021 ★Category 4 hurricane “Ida” will affect oil and gas production and refinery operations in the…
Performance decline, textile and apparel leader Ruyi Group failed to maintain profitability
Shandong Ruyi Woolen Garment Group Co., Ltd. (hereinafter referred to as “Ruyi Group”) released its financial report for the first half of 2021 on the evening of August…
Under the production expansion cycle, how long can the improvement in PTA supply and demand last?
Since the beginning of this year, the prices of crude oil and PX at the cost end of PTA have continued to rise, and the price of the auxiliary material acetic acid has increased si…
Increased supply and decreased demand are the main negative factors for PTA
Introduction: In the blink of an eye, it has reached the end of the third quarter. The PTA market has been fluctuating recently. The spot price of PTA at the end of August fell 11.…
Freight prices skyrocketed, Ministry of Commerce: Measures have been taken
Recently, at the monthly economic talk with the theme of “International Logistics and Shipping Situation” held by the Center for International Economics, Jia Dashan, de…
BASF and other chemical giants have been forced to suspend production due to large-scale force majeure. What will be the economic impact of Hurricane Ida?
Recently, Hurricane “Ida” made landfall near Port Fulgion, Louisiana, with maximum sustained wind speeds of 150 miles per hour (241 kilometers per hour), reaching the m…
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Polyester factories are aggressively cutting their meat, promotions cannot change the textile market, and production and sales may reappear in a phased downturn.
On August 30, at a critical point near the end of the traditional peak season, polyester factories once again started price reduction promotions, with prices as high as 600-800 yua…
In the first seven months, the profits of national textile industry enterprises increased by 4.2% year-on-year.
According to the National Bureau of Statistics, from January to July this year, the total profit of industrial enterprises above designated size nationwide was 4.92395 billion yuan…
To curb capital’s excessive speculation in cotton, the rules for cotton reserves have changed. Only textile cotton companies can bid for their own use!
On August 23, China Cotton Reserve Management Co., Ltd. and the National Cotton Trading Market jointly issued the “Announcement on Matters Concerning the Rotation of Central …