Itochu Corporation has announced its participation, by capital investment, in the acquisition of The Lycra Company by its capital alliance and business partner Shandong Ruyi Science and Technology Group. Looking ahead, Itochu will work in conjunction with Shandong Ruyi to further increase the corpor Read More

Though poor supporting industries have been traditionally considered by experts as the major reason hindering Vietnam’s path towards joining global supply chains, that no longer holds true for the textile and garment industry, thanks to policy measures and enterprises’ preparations for free trade ag Read More

Traders in China textile market acted cautiously after the Lantern Festival, as well as cotton/rayon yarn and polyester/rayon yarn mills. Downstream production did not yet fully recovered and upstream feedstock did not keep firm. Spinners mostly stood on the sidelines. Vortex-spun rayon yarn quotati Read More

PP granule spotPP spot lingers in weak consolidation. Futures contract has no power to rebound and spot offers slide down. Trading is negotiated. The spot-futures basis between commodity-grade homo PP raffia and May futures contract is slightly below 0yuan/mt.In East China, mainstream traders offer Read More

China PET bottle chip exports totaled 267kt in Jan 2019 (it’s based on HS code of 39076110, if combine two HS codes, the figure may approach 300kt), y-o-y growing 31%.PET bottle chip export order intake amounted to 390kt in Jan, hitting single month high in recent years. Plus Nov-Dec order intake, t Read More

The deadly terror attack in Pulwama is expected to be an unavoidable topic in a trilateral meeting among the foreign ministers of China, Russia and India, which is scheduled to be held Wednesday in Wuzhen, East China's Zhejiang Province.Many wonder whether China will mediate in disputes between Indi Read More