At present, textile companies are still facing greater pressure on production and sales, and some companies are in the dilemma of reducing and stopping production. The overall situation is not optimistic. Hubei is a major province in China’s cotton spinning industry. According to the data
The August 2020 World Agricultural Supply and Demand Estimates (WASDE) report has been released by USDA and includes input from the first survey-based production forecast from NASS. Here’s the monthly cotton summary:
This month’s 2020/21 U.S. cotton outlook includes higher begi
The data released by the Federal Statistical Office of Germany on the 7th showed that after working days and seasonal adjustments, German merchandise exports in June this year increased by 14.9% month-on-month, the largest month-on-month increase since August 1990; merchandise imports incr
The data on national trade in goods from January to July 2020 released by the General Administration of Customs of China on August 7 shows that with the gradual easing of the global pandemic and the decline in demand for pandemic prevention materials, the growth rate of textile exports in
The World Trade Organization (WTO) released the “2020 World Trade Statistics Review” report that in 2019, the world textile trade volume fell 2.4% year-on-year to USD 305 billion, and the apparel trade volume fell 0.4% to USD 492 billion. The Sino-US trade war is one of the reasons for the
In the second quarter, with the relative improvement of the domestic COVID-19 pandemic, the resumption of work and production of enterprises accelerated, the textile terminal market demand has rebounded, and the decline in major operating indicators such as production, investment and quali