2019-08-29
Cash flow of POY and FDY is sound in Aug, greatly improving compared with previous months. Coupled with falling stocks of finished goods, polyester filament yarn plants that scaled down production earlier successively resume production, so operating rate of PFY industry gradually ascends. Read More
2019-08-29
China will streamline the integrated customs clearance process by implementing a two-step customs declaration mode: a simplified declaration before customs release, and then a complete declaration within a time frame.The two-step customs declaration mode will be tested at Huangpu Customs in Shanghai Read More
2019-08-29
Orders recover slightly: According to the survey, the orders turn better recently. In Guangdong and Shaoxing, orders of some varieties are heard to increase. But under the severe economic environment, both domestic and overseas markets are bearish. Many cotton yarn mills reported that most orders we Read More
2019-08-29
Recently, cotton yarn market partly improves, but the price stays stable to weak. Most cotton yarn mills put a priority on selling. CCFGroup started a survey on inventory and orders of cotton yarn mills from mid-Aug and the results are partly shown as follows. From the table below, it can be seen th Read More
2019-08-29
In addition, in view of fabric manufacturing market, orders for some descriptions increased, such as stretch fabric and fabric for curtain in Wujiang, warp-knitted velvet and super-soft fabric in Haining, polar fleece and Roman fabric in Xiaoshan and Shaoxing . Operating rate of fabric manufacturing Read More
2019-08-29
Speculative procurement slightly improved after PFY price gradually touched bottom and feedstock market had smaller downward risk. Sales ratio surged on last Wednesday, higher than previous improvement. Read More