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  • US Fed’s hike on interest rate and US dollar index change

    2023-04-03

    As US Fed began to raise interest rates several times from Jun 2022, and the US CPI declined from Aug 2022, the funds have started to trade ahead of the Fed to slow down or cut interest rates. The dollar index fell in Nov 2022 to early Feb 2023. ZCE major cotton contract rose steadily step by step Read More
  • High cotton prices dampen downstream demand

    2023-02-24

    The African market has gradually risen in recent years, especially in 2018-2019, some domestic production lines have also been transferred to Africa. Therefore, the exports to China has increased rapidly from 2019. Imports in 2020 have grown by 28%, mainly from South Africa and Nigeria, but in 2021 Read More
  • Vietnam started to exert force in 2018.

    2023-02-24

    Vietnam started to exert force in 2018. Following the solid waste ban, domestic plants moved to foreign countries gradually. Vietnam has gathered solid re-PSF and a few HC virgin PSF plants. Imports in 2018 soared to 13,113 tons and reached 30,567 tons in 2021. It was mainly attributed to the demand Read More
  • In the import origins of PSF, Myanmar appeared in 2017, and the overall imports were not much

    2023-02-24

    In the import origins of PSF, Myanmar appeared in 2017, and the overall imports were not much. In 2019, one HC re-PSF production line in Hangzhou was moved to Myanmar, and has not started production till now. In 2020, imports declined sharply. In 2021, operation was unstable affected by the epidemi Read More
  • HS code 55032000 is synthetic staple fibers, of polyesters

    2023-02-24

    HS code 55032000 is synthetic staple fibers, of polyesters, not carded, including virgin PSF and recycled PSF. And the imports from Southeast Asia and African are mainly the recycled PSF. The following are the changes in recent years. Read More
  • Carbon neutrality sector had fastest increase for job postings in 2022

    2023-02-24

    Despite the shocks of the COVID-19 pandemic, China's new economy sectors have shown strong resilience and vitality with booming demand for, and supply of, talent in the job market. Even though overall hiring demand witnessed a dip in 2022 compared to the previous year, job opportunities in emerging Read More
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