News
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Summary and Prospects of the World Economic Situation in the First Half of 2021.
In the first half of 2021, as the global epidemic situation improves, the world economy has gradually recovered, but it has shown a significant divergence and imbalance. The accelerated recovery of international trade, investment and manufacturing, the monetary easing policies and shifts of devel...Read more -
The latest outbreak in Europe
Before the first wave of epidemics in many countries has passed, the second wave of epidemics in Europe is coming on fiercely without warning, and its severity has surpassed that of the first wave. However, it was also pointed out that the main reason for the second wave of epidemics in Europe wa...Read more -
When does the sea freight increase?
When freight rates soared in August and September last year, ocean carriers were already chanting “freight rates are becoming crazy” and “record breaking”. Today, ocean freight rates are still breaking through previous records. At the same time, record-breaking congestion ...Read more -
Epidemic continues, European retail market performance from January to April
From January to April this year, affected by the different levels of epidemic prevention and control in various countries, clothing retail in major markets in the United States, Japan and Europe have different performances. The US apparel market has basically returned to its pre-epidemic level, w...Read more -
Difficulties
The reasons for the most difficult moment are as follows: The first difficulty: the exchange rate rises。 The renminbi hit a new high in the past three years. On May 25, the RMB rose strongly. Among them, the onshore RMB exchange rate against the US dollar gapped and opened higher, breaking the p...Read more -
German clothing and fabric imports are expected to fall for several months
Germany is an important country in the European Union. As the number of cases of the new crown epidemic in the EU has risen again, and some areas of the country have implemented blockades, imports of ready-made clothing and fabrics are expected to decline in the next few months. The intra-EU trad...Read more -
Unprecedented congestion in European ports
Data from Container xChange, a platform that tracks the flow of containers around the world, shows that nowadays, containers are flooding into major European ports, faster than containers leaving European ports. In India, the new center of the global epidemic, the spread of the mutant virus has a...Read more -
There are many reasons why ocean freight may continue to increase.
Data shows that among the 21 ocean shipping routes in the world, the freight index of 16 ocean shipping routes has increased, while the freight index of only 5 ocean shipping routes has decreased. Among the major ports along the “Maritime Silk Road”, the freight index of 12 ports incr...Read more -
Cotton yarn price situation
In the past week, although cotton prices in Pakistan have continued to rise, domestic cotton yarn prices have begun to fall. The fall in the price of imported US cotton and the government’s consideration of allowing the import of Indian cotton yarn have caused cotton yarn prices to stop ris...Read more -
Analysis of the operation of the home textile industry in 2020
At the beginning of 2021, the sudden new crown epidemic disrupted the pace of operations in all walks of life. In the first quarter, the home textile industry fell into a state of shutdown and production cuts, and industry revenue fell by nearly 30% compared with the same period last year. Howeve...Read more -
Market price analysis
Market price analysis Since the Spring Festival, the price of textile raw materials has still continued to rise after the National Day of the National Day, and continued to rise. “One day, one price”, “one price”, the “price increase letter” in the textile and ...Read more -
Chinese new year for 2021
In modern Chinese folk customs, the Spring Festival is also called the New Year. In fact, the origins of the New Year and the Spring Festival are very different. So how did “year” come about? There are two main sayings among the folks: one is that in ancient times, there was a fe...Read more