China exports rayon dyed fabric to near 140 countries and regions and the main export destinations are in Africa and Asia. Brazil, Indonesia, Mauritania, and Myanmar are the major export destinations, and Turkey and Pakistan rank 60th and 5th respectively. In 2022, the export to Turkey reached 902,1 Read More

Two 7.8 magnitude earthquakes hit Turkey on Feb 6, causing high death tolls and a large number of collapsed buildings, with tremors feeling by nearby areas. According to media report, Pakistan's foreign exchange reserve was only $3.09 billion at present, which can afford for 18-day import and export Read More

Demand fails to turn better as fast as anticipated. Retail sales of apparels, shoes, hats and knitwear were very bad among social consumer goods in 2022 while demand for textiles and apparels is expected to recover in 2023 boosted by bullish macro environment. The new foreign orders should be noted Read More

Operating rate of spandex plants was slow in rising. The run rate of upstream feedstock plants rose limitedly due to insufficient natural gas. Tight supply of PTMEG constrained the increase of operating rate in big spandex plants. The operating rate of spandex plants increased to 83% by Feb 14 from Read More

Price of spandex increased the most after the Spring Festival holiday among major textile and apparel raw materials. Taking 40D as an example, it advanced by 2,000-3,000yuan/mt, with increment at around 7.8%. Price of PFY and NFY was weak in early-Feb when downstream fabric mills were slow in resumi Read More

ZPC and Yulin are running at lowered rate and the restart of Satellite PC's one line has been delayed. Some producers raised EO output due to widening EO-EG spread. China domestic MEG output will also decrease. Market participants are expecting lower coal prices, but Hongsifang, Sanning, Huayi and H Read More