Downstream demand is supposed to largely increase in traditional peak season Sep and Oct by convention, which may also warm up this year, but the improvement is likely to be pressed. With the expectation of economic recession, weaker consumption and high stocks of downstream and middle stream produc Read More
More factories scaled down output with pressure from losses and inventory. The whole value chain saw great production curtailment in Jul, with run rate down to 50-60%. The pressure of mounting inventory weakened after production was cut. Sales improved. The competition under low prices dwindled unde Read More
Supply of PTMEG was high in China. The settlement of price was passive since Q2, mainly following the price trend of BDO, while the profitability of PTMEG started being feeble after Q2. Therefore, we directly compare the operation status of BDO and spandex market in the following part. Spandex 40D h Read More
On August 22, 2022, the Executive Committee of the Foreign Trade Commission of the Ministry of Economic Affairs of Brazil (GECEX) issued Resolution No. 385 of 2022 on polyester yarns (other than sewing thread) not available for retail sale, including synthetic fiber monofilaments of fineness less th Read More
In terms of export, export data had a big bap compared with the actual feeling of enterprises. High growth rate of export value of textiles and apparels was mainly because of the following two reasons: the first was the time gap of orders. Overseas buyers will place orders of apparels half a year in Read More
According to the survey made by CCFGroup, export of textiles and apparels was not very good recently. Most small and medium-sized companies saw scarce export orders. Some export-oriented enterprises even started turning to do domestic orders. In addition, the pick-up of goods was also slow. Export o Read More
