More demand for imported cotton was still the main reason for the increase of Pakistani textile and apparel. Pakistani cotton imports rose to 47.8kt in Oct 2022, up 14.7% on month. Since this year, the data of Pakistani contract with US, Australian and Brazilian cotton was great. The reduction of co Read More

Pakistani textile and apparel exports slipped greatly recent months instead of sharp increase in the first half of this year. In Oct 2022, Pakistani textile and apparel export value hit new low and reached $1357 million, down $170 million compared to last month. The lack of orders in South Asia grad Read More

As the quality of Chinese lyocell continues to improve, the application outside China will be increasing in 2022. However, it takes some time for the application of Chinese lyocell abroad, so we keep mild expectation for the export growth. In China local market, there may be still increasing demand Read More

As a fiber with superior physical properties and green concept, lyocell has bright prospect in the future, but the capacity is growing rapidly, so the industry may be difficult to enjoy the dividends in the short term and will still be challenging in 2022. The capacity of Chinese lyocell is likely t Read More

Viewed from the cash flow, there was a considerable profit in October to November this year, which was benefited from the concentrated efforts of unit maintenance and production reduction. However, the improvement in cash flow also stimulated the restart of some plants under the pursuit of profits, Read More

The main reason comes from the operation of plants. From August to early November, the operating rate of ACN plants was remained at about 70% due to the unit maintenance and production reductions of various plants. Besides, the inventory pressure was relieved by the export of nearly 57kt ACN from Au Read More