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November 14, 2023

Weekly News - Market Dynamics Observation

That week, in terms of polyester staple fibers, crude oil fell, but PX remained volatile due to financial speculation and other factors. Under cost support, polyester staple fibers maintain interval consolidation, with most downstream purchases being mainly in demand. The weekly average price of polyester staple fibers decreased by 35 yuan/ton month on month. In terms of viscose staple fibers, the overall market for viscose staple fibers has declined, and various factories are actively promoting. After high-end large factories started promoting last Friday,

November 07, 2023

Industry Information - Industry Information - India Industry Information

According to foreign media reports, the government of Punjab, a cotton region in northern India, has recently imposed a 1% agricultural product sales price tax, which has sparked dissatisfaction among local ginning factories. Many of these companies have decided to refuse to purchase new cotton and have started an indefinite strike until the government revokes the tax decision. In 2010, the state implemented a tax policy, which was officially abolished in 2014. Due to poor enforcement and effectiveness, businesses such as traders, ginners,

November 01, 2023

Industry Information - Weekly Industry Dynamics Observation

That week, in terms of polyester staple fibers, crude oil fluctuated, polyester raw materials remained volatile and consolidated, and polyester staple fiber prices followed the trend of consolidation. The weekly average price of polyester staple fibers decreased by 42 yuan/ton month on month. In terms of viscose staple fibers, there has been a significant reduction in downstream new procurement operations, with few transactions except for a small amount of demand. The operating data of viscose factories has shown differentiation, and high-e

October 24, 2023

Industry Information - Overseas Cotton Textile Market Observation

(From official account - China Cotton Bank Association) According to relevant reports, it is expected that by 2030, the size of India's textile and clothing market will reach 350 billion US dollars, with a compound annual growth rate of 10%. The report believes that export competitiveness, achieving excellent manufacturing, strengthening the textile value chain, adopting sustainable practices and a circular economy, and utilizing government programs are key factors in achieving a $350 billion market.

October 09, 2023

Overseas Cotton Textile Market Observation - India

The Chairman of the Indian Cotton Federation stated that in the 2023/24 fiscal year starting from October 1st, India's cotton production is expected to reach 33 to 34 million bales (170 kilograms per pack). India has raised the Minimum Support Price (MSP) for cotton, with current market prices exceeding MSP. The Chairman of the Indian Cotton Federation stated that there is little demand for cotton in the textile industry this year, and most textile factories have insufficient production capacity. Despite the impact of economic recession trends, e

October 03, 2023

About the upcoming textile machinery exhibition.

From November 19th to 23rd,2023, the National Convention and Exhibition Center in Shanghai, China will hold the International Textile Machinery Exhibition. We are Yixing Aurora Ceramic Technology Co., Ltd. Our booth number is h7e25. We sincerely invite interested friends to come as guests and welcome them to China. We look forward to meeting you at that time. Our Yixing Aurora Ceramic Technology Co., Ltd. is a profession

September 26, 2023

Chemical Fiber News - Weekly Industry Update

That week, in terms of polyester staple fiber, driven by the pullback of crude oil and polyester raw materials, the price of polyester staple fiber fluctuated and fell. With the price pullback, the low point price gradually increased, and futures and traders' shipments increased. The price of polyester staple fibers decreased during the week, and the weekly average price increased month on month. In terms of viscose staple fiber, due to factors such as recent increases in raw material prices, low inventory, and tight shipments, some factori

September 18, 2023

Weekly industry updates - about the upcoming peak season

Currently, the textile market has slightly rebounded, but the future trend is not yet clear. The textile market has a preference for woven fabrics such as polyester taff, Chunya textile, high elasticity, and four sided elasticity, as well as knitted fabrics such as Dutch velvet, flannel, spandex, and fleece, Roman fabric, which are relatively popular in the market demand. The market inquiry atmosphere has improved significantly compared to the previous period, and the machine start-up rate of weaving factories is also constantly increasing.

September 13, 2023

Weekly market dynamics observation.

With the fluctuation of high raw material prices and a slight decline, inventory has increased, and the high price of nylon filament has weakened. The market price of upstream direct raw material PA6 for nylon filament has dropped from a high point this week, slightly lower than last week. At present, the demand for PA6 may not be as expected, and the industry's overcapacity situation may intensify, which has a significant negative impact on the market mentality. At the same time, the nylon industry is expected to increase production capacity from August to

September 06, 2023

Trends in the Textile Industry in September

Driven by strong fluctuations in raw materials, the price of polyester staple fibers has maintained a strong trend, with the overall focus fluctuating between 7500-7650. The weekly average price of polyester staple fiber increased month on month. In terms of viscose staple fibers, major manufacturers maintain a strategy of limited quantity signing, and downstream demand cannot be fully met. Supported by tight shipments, some mid range fibers raised their prices at the beginning of the week, which was significantly stronger than the previous period. At the same tim

August 29, 2023

Follow weekly industry trends and understand industry trends.

The Global Manufacturing Purchasing Managers' Index for July released by the China Federation of Logistics and Purchasing. Compared to last month, although the index has slightly rebounded, it is still at a relatively low level, and the global economy continues to be in a downward trend. From a global perspective, the global economy still faces multiple risks, with the decline in core inflation rates in developed econ

August 23, 2023

Update industry information and understand industry trends.

Recently, raw material prices are expected to gradually stabilize, and the operating rate of cluster enterprises has slightly recovered. Confidence has rebounded, and we look forward to the arrival of the "Golden Nine Silver Ten" in the future. At present, the overall operation of the enterprise is stable. Due to the weakening of market demand in the off-season and continuous adjustment of production line capacity, product inventory is generally around one month. There is a gap between the price of cotton yarn an

August 14, 2023

Weekly market dynamics observation.

Recently, polyester staple fibers have been driven by the surge in futures and smooth sales. Short fiber factories generally raised their prices on Monday, but then saw a significant correction in raw material PTA. Polyester staple fibers quickly followed suit and showed a trend of first rising and then falling during the week. The weekly average price of polyester staple fibers increased month on month. In terms of viscose staple fibers, on Tuesday, major factories introduced new prices for promotion, and other factory prices were gradually clar

August 07, 2023

Weekly industry news to stay updated on new developments.

According to the latest global report of Standard&Poor's, Indonesia's manufacturing Purchasing Managers'Index rose to 52.5 in June, up 2.2 points from 50.3 in May, maintaining an expansion range for 22 consecutive months, and this growth rate is also one of the largest in the past year and a half. This result is consistent with the increase of the industrial confidence index previously released by the Ministry of Industry of Indonesia. Data shows that Indonesia's industrial confidence index reached 53.93 in J

July 28, 2023

This week's industry news - phenomena of various industry influences

Currently, the overall operation of the cotton textile industry remains stable, with the opening rate of cluster enterprises recovering compared to the first half of the month. The market is in the off-season, and downstream demand is still insufficient. There has been no significant improvement in business pressure. According to reports from pure cotton yarn cluster enterprises, the curre

July 17, 2023

Weekly industry news push--Clear off-season characteristics, most textile raw material prices remain stable.

Obvious off-season characteristics refer to the phenomenon of relatively low demand during a specific period of time in a certain industry or market, resulting in relatively low market activity. In the textile industry, the off-season usually refers to the autumn and winter seasons outside of the spring and summer seasons. During the off-season, due to a decrease in demand, the prices of textile raw materials usually remain stable. This is because the balance between supply and demand has changed. The sup

July 10, 2023

Summary of export market in the first half of the year.

Regarding the export of polyester filament, in the first half of the year, the textile and clothing industry chain alternated between hot and cold, resulting in a decrease in textile and clothing exports. Polyester filament and staple fiber exports became the only growth trend, mainly due to the impact of India's BIS certification, manufacturers rushed ahead of schedule, and the impact of this factor can only likely continue until June; In addition, major manufacturers are actively expanding overseas markets this year, and their export performanc

July 05, 2023

Trends in the Textile Industry.

Recently, the China Cotton Textile Industry Association conducted a survey on the market operation of the cotton textile industry cluster. Recently, the production of cluster enterprises has slowed down to varying degrees, the market has entered the off-season, downstream demand continues to be weak, and the pressure on enterprise operations has further increased.

June 27, 2023

Textile industry information, updated weekly.

Affected by demand and cost factors, the prices of polyester staple fibers fluctuated widely in the first half of the year. Compared to the same period last year, the price level of staple fibers has significantly decreased. As of late June, the average price of staple fibers in the Jiangsu and Zhejiang regions was 7201 yuan/ton, a decrease of 1.69% month on month and 5.82% year on year.

June 21, 2023

Weekly news - The impact of weather on factories and manufacturers.

El Ni ñ o is carrying a heatwave, causing record high temperatures in many Southeast Asian countries. In Vietnam, the "factory of the world", not only is it facing severe power shortages,but manufacturers flooding into these countries are also suffering as rotating power outages will spread to mos

June 14, 2023

Industry consultation on textile machinery.

In the traditional off-season of demand, polyester filament has embarked on a path of oscillation and rebound, but with the onset of high temperatures, terminal demand has not substantially improved.Throughout the past five years, the impact of the epidemic has led to a downward trend in polyester filament prices. In 2021, the market began a correction period, with an upward trend in volatility.

June 07, 2023

Regular small consultation push for the chemical fiber and textile industry.

Recently, the price of raw materials fluctuated frequently, and the fabric inventory of enterprises increased, which led to a decline in the operating rate of texturing machines in East China, Chinese Mainland. In some areas of Jiangsu and Zhejiang provinces, the operating rate was only about 50%. Summer is a traditional off-season in the

May 30, 2023

Latest textile industry information for your reference.

Recently, there has been a clear trend for chemical fiber enterprises in coastal areas of China to relocate inland, with Xinjiang being the main destination. The the Belt and Road is the most popular area. Local investment attraction continues to increase, and subsidies for equipment, plant and electricity continue to increase. Xinjiang

May 25, 2023

China (Yixing) International Ceramic Industry Chain Exhibition.

Recently, our company participated in the China (Yixing) International Ceramic Industry Chain Exhibition. This exhibition is hosted by the China Ceramic Industry Association and the People's Government of Yixing City, and organized by the Jiangsu Yixing Ceramic Industry Park Management Committee, Dingshu Town People's Government, the Industrial Ceramics Branch of the China Ceramic Industry Association, and the Yixing Ceramic Industry Development Research Association. It has also won awards from the Jiangsu Provin

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