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Freight rates fell on almost all routes, with rates on this route falling by double digits
On November 15, the Shanghai Shipping Exchange released the latest edition of the Shanghai Export Container Freight Index (SCFI). After three consecutive weeks of gains, the index reversed course for...
Why has the textile market come to this?
If asked how the recent business, I believe that most textile people will say that the recent business is not good, but the demand is really poor? Not so much....
The impact of new EU regulations on Vietnam's exports
The Vietnam-EU Free Trade Agreement (EVFTA) has increased Vietnam's exports to Europe from 35 billion euros in 2019 to more than 48 billion euros in 2023. Speaking at a seminar...
Will many textile factories move from China to Indonesia?
Recently, Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto revealed at a press conference that 15 overseas textile investors plan to relocate their factories from China to Indonesia to promote...
In the third quarter of 2024, Russian footwear imports fell by 9.7% year-on-year
In the third quarter of 2024, Russian footwear imports totaled 96.1 million pairs, down 9.7% year on year; The total number of imported shoes in the first nine months was...
The smart wearable textile market is growing rapidly
With the rapid development of science and technology, smart wearable textiles have moved from concept to reality and become an indispensable part of People's Daily life. Smart wearable textiles are...
Rates continue to rise! The European line rose by 700 to 1000 US dollars on the 15th, and the United States and West fell
The latest container export freight index (SCFI) released by the Shanghai Stock Exchange on the 8th was 2331.58 points, up 28.14 points from the previous week, and the weekly increase...
Trump wins! RMB exchange rate dives below 7.19! International oil prices fell by 2%! 60% tariffs coming?
On November 6, Beijing time, the much-anticipated 2024 US election finally came to an end. Xinhua News Agency news: US Republican presidential candidate Donald Trump announced victory in the 2024...
Risk events past cotton prices may stabilize
Cotton markets fell when they opened on Nov. 6, with some traders betting that Trump's election victory would lead to new tariffs and restrictions. However, the details remain to be...
Trump was re-elected, China's textile industry will face 8 major changes! How to deal with Chinese textile enterprises?
Just now! In the early morning of November 6 local time, US Republican presidential candidate Donald Trump declared victory in the 2024 presidential election.Following Trump's declaration of victory in the...
China Textile City: early winter knitted fabrics moving pin products continue to increase
Recently, in the traditional market of China Textile City, the sales of knitted fabrics in the early winter expanded from the previous quarter, the mobile marketing products continued to increase,...
The confidence of Chinese cotton enterprises is gradually recovering. The signing of American cotton is expected to increase
According to the statistics of USDA Cotton Export Weekly Report, as of October 17, 2024, the cumulative net export contract of American cotton in 2024/25 was 1.281,500 tons (including Pima...
In the first three quarters, the "International textile capital" textile industry is growing strongly to the "new" industry
According to the latest official news of Shaoxing Keqiao, Zhejiang Province, in the first three quarters of this year, the added value of the textile industry, textile and apparel industry...
Burst! Zara's Oysho may pull out of China
On October 20, Oysho, which belongs to the same Inditex group as the well-known fast fashion brand Zara, suddenly announced that it would close its flagship store on Tmall, the...
A slight rebound in international oil prices continues to await a recovery in cotton demand
On October 17, after the opening of the cotton market, the previous day's gains were reversed, and the strong performance of the US dollar and the pressure of the new...
Us clothing prices rose, but consumption showed signs of slowing
In September, despite a 0.8% drop in consumer spending on apparel, the U.S. apparel CPI rose 0.6%, near the top of the epidemic. Us consumer confidence has fallen, pointing to...
Vietnam's textile and garment industry is witnessing a wave of new investment
At present, there are about 3,500 foreign direct investment (FDI) projects in Vietnam's textile sector, with a cumulative investment capital of $37 billion.In recent years, Vietnam's textile and garment industry...
In the first three quarters, China's cumulative textile and garment exports increased slightly year-on-year to 222.41 billion US dollars
Data released by the China Textile Import and Export Chamber of Commerce on the 15th show that in September, China's textile and garment exports fell 3.8% year-on-year, the first three...
H&M has announced that it will stop using raw down by the end of 2025
Animal rights activism has turned to down, with H&M planning to stop using it by the end of 2025, and having convinced major brands and designers to stop using fur...
Burst! Another port strike! Announce an "indefinite strike" tomorrow and refuse to work overtime!
According to foreign media on October 8 news, recently, the labor-management tensions in the Canadian port of Montreal have intensified, and the contract dispute will enter a new stage, and...
USA, EU, Thailand, Malaysia, Singapore... Many countries have raised taxes on cross-border e-commerce
In today's deepening globalization, cross-border e-commerce has become an important bridge connecting the world market.However, as countries continue to update and implement new trade rules, cross-border sellers face unprecedented challenges...
Sound the alarm! The largest container port in the East of the United States nearly 50,000 people are about to strike! Or $7.5 billion in damage!
For the textile people who do foreign trade, receiving an order is only the beginning of an order, and the shipment to the customer's hand is also an important part,...
At 240 million euros, China once again became the largest export market for German textile machinery
ITMA ASIA+CITME, which will be held in Shanghai from October 14 to 18, will feature 49 VDMA member companies again. The German delegation is the largest foreign delegation at the...
Vietnam, the new largest clothing supplier to the United States, has reached the "monthly salary of 3000" level?
In recent years, the export pattern of the global textile and garment industry is undergoing great changes. In the context of the impact of the epidemic has not yet fully...