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Freight costs have surged 4.5 times! Geopolitical factors are disrupting the crude oil and chemical markets, driving costs to skyrocket!
Recently, shipping risks in the Middle East’s Strait of Hormuz and the Mandeb Strait have both risen, significantly impacting the global crude oil shipping landscape. Sea freight rates have surged sharply, directly pushing up domestic crude oil import costs, which in turn has driven up ...Read more -
Crude oil breaks 900! Oil prices surge, PTA and ICE cotton face pressure
Market Snapshot: Crude Oil Surge On September 14, the domestic crude oil futures contract 2610 surged to 908.7 yuan per barrel, marking a historic milestone as prices crossed the 900 yuan threshold. The contract settled with a single-day increase of 11.37%, triggering significant ripple effects...Read more -
Jinlun Card Clothing Participates in CAITME 2026 in Tashkent: Deepening Engagement in the Central Asian Spinning Secto
From September 8 to 10, the Central Asia International Textile Machinery Exhibition (CAITME2026) was held in Tashkent, the capital of Uzbekistan. As a UFI-certified and highly prestigious textile machinery exhibition in Central Asia, the event brought together decision-makers from textile ent...Read more -
Material iteration empowers product upgrades, and 3D mesh fabric becomes a new trend in the pet bed cushion industry
As the pet economy continues to deepen, pet consumption has long moved beyond the stage of basic necessities, progressing toward comprehensive upgrades in refinement, health, and functionality. As a daily high-frequency essential product for pets, the core competitiveness of pet beds and mats is...Read more -
Fourteen Fujian enterprises participate in the Russia International Branded Garment Exhibition with innovative products
The 46th Russia International Fashion Brand Exhibition (CPM) was held from September 1 to 4 at the Crocus Expo Center in Moscow. Organized by the Shishi City Bureau of Commerce in Fujian Province, 14 Shishi textile and apparel companies, including Yongfuhao Garments, Yilong Shengshi Clothing...Read more -
Cost-driven increase pushes East China PTA spot prices upward
Market Spot Price Update On September 9th, East China PTA spot prices rose, with the mainstream market discussion price around 6,580 yuan/ton. Looking at the basis performance, the main port delivery offers for this week and next week showed a premium of 450-650 yuan/ton for contract 01, whil...Read more -
The 29th China International Composites Exhibition Opens in Shanghai, Domestic Carbon Fiber Achieves New Technological Breakthrough
The 29th China International Composite Materials Industry Technology Exhibition The 29th China International Composite Materials Industry Technology Exhibition opened on September 1 at the National Exhibition and Convention Center (Shanghai), with 977 enterprises from 17 countries and regions p...Read more -
Bangladesh Raises Required Value-Added Rate for Garment Exports to a Maximum of 40%
Recently, Bangladesh officially issued the “2026‑2029 Import Policy Order.” The new policy significantly raises the minimum local value-added standards for garment exports and implements differentiated control according to product categories, cargo value, and raw material import modes...Read more -
2026 Global Chemical Giants Semi-Annual Report: Industry Profitability Shows Clear Recovery, Performance Divergence Intensifies
Recently, major global chemical companies such as BASF, Dow, and Wanhua Chemical have successively disclosed their operating results for the second quarter and the first half of 2026. Overall, the global chemical industry has entered a window of profit recovery, with many companies turning loss...Read more -
Surpassing the Trillion-Yuan Threshold! Trade Between China and ASEAN Grows Strongly, Textile Cross-Border Industry Chain Enters a Golden Era
As China and ASEAN continue to deepen their bilateral economic and trade cooperation, regional trade has entered a whole new stage of development. In 2025, China-ASEAN bilateral trade hit a historic milestone, surpassing the $1 trillion mark for the first time, reaching $1.05 trillion for the...Read more -
Prominent Experts Gather in Kenya to Discuss Cooperation in the Textile Industry
The China-Africa Textile and Apparel International Forum and China-Africa Cultural Exchange Forum were held on the 27th in Eldoret, Kenya. Nearly one hundred representatives from Chinese and Kenyan universities as well as the United Nations Industrial Development Organization gathered at Moi Un...Read more -
Brent crude oil plummeted 5%, while FDY rose against the trend! Will the cost pressure on September polyester filament continue?
There is a clear divergence between international crude oil and polyester filament trends. Brent crude fell by 5% during the week, yet as of the week ending August 28, 2026, domestic FDY (fully drawn yarn) prices rose instead of falling, becoming a major highlight in the polyester market and po...Read more