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Crop conditions continue to deteriorate, ICE cotton futures break through the 90-cent mark
Driven by ongoing concerns over deteriorating crop conditions, coupled with further boosts from a strengthening grain market, Intercontinental Exchange (ICE) cotton futures on Thursday climbed above the key threshold of 90 cents per pound for the first time since the beginning of 2024. In rece...Read more -
The benefits of free trade continue to be realized! Bilateral trade between China and Ecuador is growing impressively, and cooperation across multiple fields is comprehensively upgrading.
Since the implementation of the China-Ecuador Free Trade Agreement two years ago, bilateral economic and trade cooperation between China and Ecuador has entered a fast track of high-quality development, with trade volumes continuously expanding and cooperative fields constantly broadening. Curre...Read more -
Do you think a typhoon only means holidays and work stoppages? It is quietly delaying the shipping channels for textile foreign trade in the second half of the year.
Three typhoons rarely dance together, simultaneously obstructing maritime routes in the northern and southern seas The simultaneous occurrence of three typhoons in this meteorological pattern is extremely rare, with the paths of the three major typhoons complementing each other, affecting th...Read more -
On August 24, the reserve cotton had a 100% transaction rate with an average price of 17,419 yuan per ton.
On August 24, a total of 8,002.8890 tons of reserve cotton were available for sale, and all 8,002.8890 tons were actually sold, with a 100% transaction rate. The average transaction price was 17,419 yuan/ton, down 184 yuan/ton from the previous day. The equivalent 3128 price was 18,056 yuan/t...Read more -
Soars 160.1%! Brazil’s cotton exports surged in the first half of 2026, with China rising to become the largest buyer
In the first half of 2026, the global cotton trade pattern is undergoing significant changes. From January to June 2026, Brazil’s raw cotton export value increased by 12.5% year-on-year, reaching a total of 2.793 billion USD. Among these exports, shipments to China performed exceptionally ...Read more -
Mexico plans to further increase tariffs, putting significant pressure on textile export companies
On August 18, Eastern Time, Bloomberg News, citing informed sources, reported that the Mexican government is evaluating a new round of trade restriction measures, planning to continue raising tariffs on imported goods from countries that have not signed free trade agreements, including China...Read more -
Tensions in the Middle East Intensify, Disrupting Energy Shipping and Regional Trade
The recent tense situation in the Middle East continues to escalate, with security risks spreading outward, significantly impacting regional economic and trade exchanges as well as maritime shipping, while energy trade and cross-border commercial activities are under considerable pressure. Th...Read more -
Henan Second Spinning Machine: 30,000 high-speed spinning spindles exported to the Central Asian market
Henan Second Spinning Machinery Co., Ltd. (hereinafter referred to as “Henan Second Spinning Machinery”) has recently made new progress in its supporting spinning export project. The first batch of 30,000 high-speed spinning spindles has been assembled and shipped from the Wuqia Po...Read more -
India’s textile and apparel exports to the United States saw a significant decline in the first half of the year
Recent trade data from the U.S. OTEXA shows that from January to June 2026, India’s textile and apparel exports to the U.S. took a big plunge, signaling a new round of shifts in the global textile supply chain. U.S. Export Value (H1) $4.1 Billion Down from $5.35B last year Year-on...Read more -
Geopolitical conflict triggers a surge in commodities! The blockade of the Strait of Hormuz leads to a sharp rise in gold, silver, and crude oil prices.
Multiple international geopolitical risks have erupted simultaneously, causing intense turbulence in global financial markets. On the 16th local time, significant news emerged consecutively from the Middle East, Russia-Ukraine, and the US-South Korea regions. Stimulated by multiple crises such a...Read more -
Founded in 1866, German textile machinery giant STC Spinnzwirn has filed for bankruptcy.
Recently, German textile machine manufacturer STC Spinnzwirn (Chemnitz Stähler Textile Machinery) filed for bankruptcy, putting the jobs of 140 employees at risk. This is another case of a German textile machinery giant declaring bankruptcy, following the collapse of another German textile machi...Read more -
Import cotton prices slightly declined on August 11
On August 11, quotations at China’s major ports slightly declined. The international cotton price index (SM) was 94.61 cents per pound, down 0.57 cents per pound equivalent to a general trade port delivery price of 15,794 RMB per ton the international cotton price ind...Read more
