Page 39 - Ccfgroup News Today

Lately, several methanol plants and downstream plants in China cut production or shut, due to the “dual-controls” on energy consumption and energy ...

Due to the nucleic acid testing to trace the pandemic in Inner Mongolia, a land border port was shut last weekend and thus the importing of coal would be ...

Cotton yarn (HS code: 5205) exports of India amounted to 101.1kt in May, according to the latest data, up 75.71% on the year and 13.34% on the month. ...

Though apparel exporters in India are witnessing a surge in orders, high freight and yarn prices are acting as a dampener in the competitive export ...

With the increase of vaccination rate and rapid recovery of consumption in the United States, US apparel retail sales rose by 108% in March compared with the ...

- Chinese government announced on May 19 to stabilize commodity price and curb the excessive price increase. The government attached great importance to the negative impact from the excessive increase in commodity price, and rolled out measures to stem it.     Due to the suspension of China-Australia strategic economic dialogue, China’s coal imports from Australia was restricted. As a result, thermal coal price in China gained nearly 20% in May. However, the price of thermal coal futures...

- Southeast Asian countries lost quite a few textile orders last year due to the pandemic. However now, as the pandemic situation in these countries is controlled, orders are again flowing back. As per Vietnam’s Ministry of Industry and Commerce statistics, there has been a 1.1 per cent increase in textile exports in the first quarter of 2021. Fiber and yarn exports grew 31 per cent while exports of canvas and industrial fabrics grew 8.8 per cent. In 2021, Vietnam aims to increase its text...

1. Indian cotton export rose year-on-year and month-on-month The latest data showed that Indian cotton export volume in February was 139,500tons, up 46.1% ...

- South Koreas Taekwang Industrial is planning to shut its 290,000 mt/year acrylonitrile plant at Ulsan for a planned turnaround in the first quarter of 2022. The company had earlier shut the plant in early December 2020 for 23 days of planned turnaround. [RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute inv...

- According to the latest data, Bangladeshs apparel export value rose by 571.8% year-on-year in Apr, reaching 2.517 billion USD, up 2.5% month-on-month. The substantial yearly growth was mainly due to the outbreak of the overseas epidemic in April 2020, which caused lockdown and severe exports blocked. Compared with April 2019, the apparel export value dropped by 0.88%. On varieties front, the export value of knitted and woven apparel inched up by 2.2% and 2.9% month-on-month respectively, up 6...