• The decline in the European apparel retail market to continue
      Since May, many European countries have resumed work, and the retail market has begun to show signs of gradual recovery. But the latest data show that the market’s decline and stagnation will continue. The British Retail Consortium (BRC) said that in the first full month of the
      May 29, 2020
    • Yizheng Chemical Fiber realizes the industrial production of biodegradable plastics PBST and PBAT
      On May 23, it was learned from the Sinopec News Office that recently, Sinopec Yizheng Chemical Fiber Co., Ltd. has successfully achieved the industrial production of biodegradable plastics PBST and PBAT. The feature of these two plastics is that they can be completely degraded into water a
      May 29, 2020
    • Why does cotton yarn import plunge in April?
      According to customs statistics, in April 2020, China imported 140,000 tons of cotton yarn, a year-on-year decrease of 26.32% (in April, the import amount of China’s textile yarn, fabric and products was USD 1.14 billion, a year-on-year decrease of 25.4%); from September 2019 to April 2020
      May 29, 2020
    • Guangdong’s medical supplies exports grow rapidly
      According to the news from the Guangdong Customs on May 18, from January to April, Guangdong’s foreign trade imports and exports were 1.92 trillion yuan, the decrease was 2 percentage points narrower than the first quarter, accounting for 21.2% of the country’s total import and export valu
      May 29, 2020
    • Signals for the recovery of the foreign trade textile market
      Entering May, although most companies still indicated that orders had decreased significantly year-on-year, some companies began to slowly get on track. According to customs data, total exports of textiles and apparel in the first quarter were USD 47.88 billion, down 17.8% year-
      May 28, 2020
    • The lowest cotton price in 2020 in nearly ten years
      The recent recovery of U.S. exports, the increase in domestic downstream textile companies’ work load, and the slight improvement in overseas orders have helped cotton prices to rebound. However, it cannot be ignored that the current cotton price is still in the downward channel. Overall,
      May 28, 2020
     
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