Global trade growth is expected to drop to 2.4%-3%, and the loss of some orders exceeds 1,000 yuan/ton! Numbers make the crisis more real and cruel!
Sometimes numbers can make a crisis more real and cruel. On the 11th, the WTO Secretariat stated in a report that a global economic simulation model predicts that global trade growth in 2022 is expected to drop…
To create a “big chemical industry + new materials” pattern, the 100-billion-dollar “refining and chemical industry” Hengli Petrochemical plans to spin off Kanghui New Materials and go public.
“Petrochemical aircraft carrier” Hengli Petrochemical’s “dual cycle” development strategy has made significant progress. It was learned on April 14 that Hengli Petrochemical Co., L…
Shanghai welcomes the resumption of production and work, but the market still has a big trouble! 477 cargo ships are waiting to be unloaded at East China Port, and sea freight rates have fallen for 12 consecutive weeks!
As China’s economic center, the Yangtze River Delta’s foreign trade export throat, and the location of the world’s largest container port, Shanghai’s continued logistics “paralysis…
In just over 3 months, the air freight cost was more than 300,000! How many textile workers are silently bearing this astonishing expense?
Zhejiang Shengtai Garment Group Co., Ltd. recently released its 2021 annual report. During the reporting period, the net profit attributable to shareholders of the listed company was approximately 291 million y…
Reaching a deadlock… Textile people: We can only rely on small orders for stability
Nowadays, the country is troubled by the epidemic. The textile industry is not only facing rising prices of raw materials and declining demand, but also facing the trouble of poor transportation and logistics c…
Weaving, printing and dyeing are ushering in the May Day holiday, and the operating rate has dropped again. Is the off-season in May even weaker?
Since the spread of the domestic epidemic in February this year, the textile industry has been affected by it. The overall performance of the textile market has continued to weaken, and the weaving and printing…
The RMB exchange rate fell below 6.5 against the US dollar, and textile and apparel exports increased by 44% year-on-year in the first quarter! Textile companies have regained opportunities, are you ready?
The RMB exchange rate against the US dollar has continued to depreciate recently, returning to the “6.5 era.” On April 25, the onshore and offshore RMB exchange rates against the U.S. dollar fell be…
I can’t calm down anymore! There is nothing we can do if we stop, reduce, and go all the way! Fortunately…
We are about to enter the middle of the traditional peak season of Silver Fourth. Since some time ago, the market has been in a delicate state of resuming production, suspending production and resuming work. Th…
The difficult days are gradually passing. Textile People: When will the moment of improvement come?
Nowadays, various regions have adopted varying degrees of control over the sporadic epidemic, and many regions have achieved effective results. However, this menacing epidemic has still caused an unspeakable bl…
Being clever but being misled by cleverness? This time it was good, but it was a loss again!
From the beginning of the epidemic, the words low prices, losses, and selling goods have been deeply engraved in the daily lives of textile workers. This year’s gold, three, and silver seasons are not prosperou…