-
Deshang Group Signs Agreement to Acquire Australia’s UG Group
On August 5th, the signing ceremony for Dishang Group’s acquisition of Australia’s UG Group was held at the headquarters of Dishang Group in Weihai, Shandong, where both parties formally signed the acquisition agreement. According to reports, this signing is an important initiative ...Read more -
August 5: Summary of Price Trends for Polyester and Nylon
On August 4th, the mainstream prices for domestic polyester and nylon filament yarns remained stable, with the benchmark prices of various varieties unchanged from the beginning of August, as the market entered a phase of sideways consolidation. Polyester price listings: POY benchmark price...Read more -
The China-Europe Railway Express Delivers Solid Achievements After Ten Years
As a flagship project of the Belt and Road Initiative and known as the “Steel Camel Caravan,” the China-Europe Railway Express will celebrate the tenth anniversary of unified operation under the “China Railway Express” brand in 2026. Recently, the State Council Informatio...Read more -
Quan Shunji, President of the China-Asia Economic Development Association, is undergoing disciplinary review and supervisory investigation.
According to the website of the Central Commission for Discipline Inspection (CCDI) and the National Supervisory Commission (NSC), as well as news from the CCDI and NSC’s disciplinary inspection team stationed at the Central Social Work Department and the Shandong Provincial Commission ...Read more -
The Latest Benchmark Prices for Chemical Fiber Filaments as of July 9, 2026, Have Been Released
The latest benchmark prices for chemical fiber filaments were released on July 9, 2026. Compared with the prices at the beginning of July, polyester prices across all categories have dropped, with the decline varying noticeably. The nylon market has been generally weak and fluctuating, with POY ...Read more -
ICE Cotton Futures Remain Under Pressure; Rising Certified Stocks and Speculative Liquidation Weigh on Market Sentiment
Dual headwinds from climbing certified stocks and speculative liquidation have dragged ICE cotton futures into a sluggish trend recently, weighing heavily on market sentiment. Analysts commented that export demand still offers some support, yet expectations of ample supply have gradually taken ...Read more -
The inauguration of the Tiangong University Joint Laboratory for Recycling of Waste Textile Materials
Recently, Tianjin University of Technology (hereinafter referred to as “Tian Gong Da”) and China Resources Recycling Group Green Fiber Co., Ltd. jointly inaugurated the “Waste Textile Materials Resource Recycling Joint Laboratory” and held a signing ceremony for the coop...Read more -
Instead of falling, it rises! Cotton prices climb strongly during the textile off-season, supported by multiple favorable factors, with Zhengzhou cotton continuing to rise in June.
Entering early June, the domestic cotton market witnessed a phase of upward trend, with both futures and spot prices rising simultaneously. From June 2 to 3, the main Zhengzhou cotton contract stabilized above the 16,300 yuan/ton mark, with the intraday maximum increase exceeding 125 yuan/ton; ...Read more -
In 2025, China’s exports of textiles and garments reached 293.767 billion US dollars.
Total Export Value 2025 $293.767B YoY ▼ 2.4% Textile Yarns & Fabrics $142.585B YoY ▲ 0.5% Garments & Accessories $151.182B YoY ▼ 5.0% According to statistics from Chinese customs, measured in US dollars, from January to December 2025, China’s textile and apparel exports ov...Read more -
US-Iran conflict has disrupted global crude oil channels, causing severe volatility in the polyester industry chain
Compared to the mild impact of the Russia-Ukraine conflict, the US-Iran conflict that continued to escalate at the end of February 2026 has dealt a comprehensive and intense blow to the polyester industry. Currently, the US and Iran have failed to reach a navigation agreement on the Strait of Ho...Read more -
The United States has imposed port charges on Chinese vessels.
The policy of the United States imposing port fees on Chinese ships can be regarded as a heavy blow aimed right at the heart of the global shipping industry. Starting from October 14, 2025, Chinese shipowners or operators of vessels will be required to pay $50 per ton of cargo. Thos...Read more -
Cambodia, Vietnam garment factory orders surge!
Garment factories in Cambodia and Vietnam have orders up to 2025. Why are global orders rushing in? In recent years, the textile and garment industries in Vietnam and Cambodia have shown phenomenal growth. Vietnam, in particular, not only ranks among the top in global textile exports, but has eve...Read more
