• China’s exports and imports grow in October
      China’s exports continued to expand in October, the growth rate reached 19 months high, and imports also showed stable growth, official data showed on Saturday, as the country’s economy continues to recover from the pandemic. China’s October exports and imports increased 11
      Nov 27, 2020
    • China’s first 100% localized full-process intelligent spinning factory passed the acceptance!
      On November 5, 2020, the 100,000-spindle “full-process intelligent spinning new mode application” project of Yudahua Group successfully passed the formal acceptance organized by the Hubei Provincial Department of Economy and Information Technology. This project is the 2018 M
      Nov 27, 2020
    • UK to offer Sri Lanka same benefits of EU GSP+ post-Brexit from 2021
      The United Kingdom has assured Sri Lanka will continue to enjoy EU GSP+ benefit from 2021 post-Brexit, the Export Development Board said in a statement. It said since the UK was the main market for Sri Lanka’s exports to the EU region and the second largest export market aft
      Nov 27, 2020
    • Cotton highlights from November WASDE report
      The November 2020 World Agricultural Supply and Demand Estimates (WASDE) report has been released by USDA. Here’s this month’s cotton summary: This month’s 2020/21 U.S. cotton estimates are virtually unchanged from October. The U.S. production forecast is marginally higher,
      Nov 27, 2020
    • New spandex production capacity brings great changes in the industry
      According to Zhuochuang data monitoring, the domestic spandex market will enter a new round of capacity expansion in the next five years. About 500,000 tons of differentiated spandex devices are planned to be put into operation, accounting for 56% of the existing production capacity. In re
      Nov 27, 2020
    • Global trade of fibres drops significantly
      The global export of fibres marginally grew 1.49 per cent to $31,247.03 million in 2019 compared to the exports of $30,789.47 million in 2017. Total exports moved down 8.70 per cent in 2019 over the previous year, according to data from TexPro. However, the export is expected to move up to
      Nov 25, 2020
     
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