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  • Turkey's main textile production areas are distributed in the west and south-central regions

    2023-04-03

    Turkey, as a newly industrialized country, the textile industry is an important traditional industry, with close international trade relationship with China. CCFGroup is also very concerned about the follow-up impact of the tragic earthquake on Feb 6. Turkey's main textile production areas are dist Read More
  • Pakistan’s cotton import dependence may be underestimated

    2023-04-03

    According to USDA, cotton imports of Pakistan have risen slightly in recent years, and cotton consumption basically maintains at 2.10-2.30 million tons, though it reduces to below 2 million tons in 2022/23 affected by the flood. USD forecasts that the cotton imports in 2022/23 season are flat from 2 Read More
  • Cotton imports are active in recent two years, but there are risks on exchange settlement later

    2023-04-03

    In 2022/23 season, Pakistan is active to purchase imported cotton, and import volumes increase steadily. Meanwhile, Pakistan has signed many U.S. cotton contracts in 2021/22 season, and by Feb 2, 2023, the purchases of 2022/23 U.S. cotton have reached 420kt, to be the second largest U.S. cotton expo Read More
  • Import exchange settlement faces challenges with sharp depreciation of Rupee

    2023-04-03

    Since 2022, Pakistani rupee has constantly depreciated against the US dollar after several rounds of US Fed’s hike on interest rate, and around Jan 26, 2023, the currency has depreciated by nearby 10%. Under such condition, local commodity prices moved up overall and cotton prices also increased, bu Read More
  • Huafon Chemical Co. Ltd

    2023-04-03

    Recently, Huafon Chemical Co., Ltd. completed the carbon footprint certification of Qianxi®recycled spandex products according to the life cycle assessment (LCA) method. The results show that Qianxi®recycled spandex has excellent environmental benefits.Life cycle assessment (LCA) is a technology and Read More
  • Rayon printed fabric

    2023-04-03

    China exports rayon printed fabric to 130 countries and regions and the main export destinations are in Africa and Asia. Kenya, Somalia, Bangladesh and Brazil are the major export destinations, and Turkey and Pakistan rank 59th and 12th respectively. In 2022, the export to Turkey reached 1.22 millio Read More
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