HEBEI WEAVER TEXTILE CO., LTD.

24 Years Manufacturing Experience

Company News

  • Will production cut of polyester yarn continue after the sales improved?

    The representatives of polyester yarn mills in Changle, Fujian held a meeting last Saturday, advocating to cut production by 50% in the context of plunging raw materials, rising inventory and great losses. In fact, over 90% of the spinners in major producing areas of polyester yarn in Fujian and ...
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  • Polyester industrial yarn market breaking the predicament?

    Polyester industrial yarn plants have curbed price from falling for around one month but they were under pressure with plunging polyester feedstock and PET fiber chip prices. PIY plants chose to scale down output to prevent price from decreasing. Overall price of PIY sustained firm. Market compet...
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  • China’ s share in US textile and apparel imports slipped by 7% through May this year

    The latest data showed that US textile and apparel imports value in May 2022 increased to 11.513 billion USD, up by 29.7% year-on-year. The imports volume reached 10.65 billion m2, up by 42.2% year-on-year. US apparel imports value in May 2022 rose sharply to 8.51 billion USD, up by 38.5% year-on...
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  • Polyester industrial yarn factories cut output to prevent price dropping

    Trading of PIY has been very scarce after big PIY plants intensively raised price two weeks ago. The price of PIY soared by around 1,000yuan/mt two weeks ago but was stable last week. Downstream plants were unwilling to accept high price and were hard to transfer cost. With weak polyester feedsto...
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  • How to treat sharp reduction of price gap between cotton and VSF?

    Most commodities have seen deeper decline in the past month. In futures market, the amplitude of rebar, iron ore and Shanghai copper with more sedimentary money has been respectively 16%, 26% and 15%. In addition to fundamentals, the Fed’s interest rate hike is the largest influencing factor. &nb...
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  • China’s imports of Indian cotton yarn fell in Apr

    According to the latest import and export data, the total exports of Indian cotton yarn (HS code 5205) was 72,600tons in Apr 2022, down 18.54% year-on-year and 31.13% month-on-month. Bangladesh remained the largest export market for Indian cotton yarn, while China climbed back up to the second la...
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  • May 2022 China polyester yarn exports jump

    Polyester yarn 1) Export China polyester yarn exports in May amounted to 52kt, up 56.9% on the year and 29.6% on the month. Among the total, polyester single yarn took up 27kt, up 135% on the year; polyester ply yarn 15kt, up 21.5% on the year and polyester sewing thread 11kt, up 9% on the year. ...
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  • May 2022 China cotton yarn exports inched up on the year

    May 2022 cotton yarn exports increased by 8.32% on the year, down 42% compared with that in May 2019. May 2022 cotton yarn exports totaled 14.4kt, compared with 13.3kt in May 2021 and 8.6kt in May 2020, and it saw the fastest growth since Jul 2021. The structure of exported varieties did not chan...
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  • Cotton and yarn price declined in recent weeks: SIMA

    As per the latest report by the FashionatingWorld, prices of cotton and yarn have declined in the recent weeks, say SK Sunderaraman, Deputy Chairman and Ravi Chairman, Ravi Sam, Southern India Mills’ Association (SIMA).   According to them, yarn is currently being sold at a discount price of...
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  • Polyester market waiting for the dawn amid difficulties

    Polyester market was in difficulty in May: macro market was volatile, demand remained meager and players held mildly recovering mindset, waiting for the dawn amid hardship. In terms of macro, price of crude oil rose strongly again, supporting polyester industrial chain. On the other hand, the RMB...
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  • Apr 2022 China polyester/rayon yarn exports increased 24% on the year

    China polyester/rayon yarn exports reached 4,123mt, up 24.3% on the year and down 8.7% on the month.   Similarly to the first three months of 2022, Brazil, India and Turkey still ranked the first three places in terms of export volume, sharing 35%, 23% and 16% respectively. Of them, Brazil ...
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  • Profitable polyester yarn into losses: how long will it last?

    Polyester yarn kept profitable though polyester feedstock and PSF have experienced several ups and downs since the beginning of 2022. However, the situation changed from May. Both polyester yarn and polyester/cotton yarn were stuck into losses amid the surge of raw materials. Surrounded by strong...
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  • Recycled PET flakes: demand from sheet continues to increase

    Since the outbreak of Russia-Ukraine war, international oil prices have been constantly rising. Virgin polyester product prices follow up continually promoted by costs, to reach a three-year high. PET bottle chip prices once hit 9,000yuan/mt, SD PET fiber chip prices reach 7,800-7,900yuan/mt, a...
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  • US textile and apparel imports hit a record high

    The latest data showed that US textile and apparel imports value in Mar 2022 increased sharply to 12.18 billion USD, up by 34.3% year-on-year. The imports volume reached 9.35 billion m2, up by 38.6% year-on-year. US apparel imports value in Mar 2022 rose to 9.29 billion USD, up by 43.1% year-on-y...
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  • Lyocell becoming widely known when high cotton price not beneficial to VSF

    Although cotton price has been high since last year and spinners have suffered huge losses, there is not much demand transferring from cotton to rayon products since the spinners prefer to cut production, covert to high-count yarn or polyester blended yarn. The price of cotton is still high after...
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  • Polyester yarn faces no pressure in Feb with low inventory

    Around Spring Festival holiday, the rise of crude oil spurred polyester industrial chain from polyester feedstock, PSF to polyester yarn. However, this round of rise brings different changes to PSF market and polyester yarn market. 1. Polyester yarn inventory is low, lending support to the smooth...
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  • ICE cotton futures market largely flat

    ICE cotton futures market was largely flat. Contract of Mar closed at 121.93cent/lb, up 0.02cent/lb and contract of May closed at 119.52cent/lb, up 0.03cent/lb.   Cotlook A Index reduced by 1.25cent/lb to 135.70cent/lb. Contract (cent/lb) Closing price Highest Lowest Daily change Daily ch...
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  • 2021 China cotton yarn exports recovered

    2021 cotton yarn exports of China increased by 33.3% on the year, but still down 28.7% compared with that in 2019. (The data come from China customs and cover products under HS code 5205.) Dec cotton yarn exports of China amounted to 15.3kt, up 3kt from Nov, but down 10% on the year. 2021 cotto...
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  • ICE cotton futures market goes up further

    ICE cotton futures market went up further. Contract of Mar closed at 122.33cent/lb, up 1.41cent/lb and contract of May closed at 119.92cent/lb, up 1.48cent/lb. Cotlook A Index rose by 0.50cent/lb to 135.10cent/lb. Contract (cent/lb) Closing price Highest Lowest Daily change Daily change (%) ...
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  • ICE cotton futures market gains slightly

    ICE cotton futures market gained slightly. Contract of Mar closed at 120.92cent/lb, up 0.54cent/lb and contract of May closed at 118.44cent/lb, up 0.65cent/lb. Cotlook A Index reduced by 0.20cent/lb to 134.60cent/lb. Contract (cent/lb) Closing price Highest Lowest Daily change Daily change (%)...
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  • Holiday plans of Chinese cotton yarn mills for 2022 Spring Festival

    Cotton yarn market has experienced sharp fluctuation in 2021. With 2022 Spring Festival coming, the work of cotton yarn mills gradually comes to an end and holiday plans are also released. According to CCFGroup’s survey, the duration of this year’s holiday lasts longer than past years...
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  • Will direct-spun PSF fall down after a continuous rise?

    Direct-spun PSF has seen upsurge of 1,000yuan/mt or so in both futures and spot since early Dec when it rebounded from the bottom. During Dec, downstream bought the dips and stocked up frequently as direct-spun PSF price stayed in low territory. Then as the costs of polyester feedstock sustaine...
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  • Dec’21 cotton yarn imports may move down 4.3% m-o-m to 137kt

    1. Imported cotton yarn arrivals to China assessment Cotton yarn imports of China in Nov reached 143kt, down 11.6% on the year and up 20.2% on the month. It amounted to about 1,862kt cumulatively in Jan-Nov 2021, up 14.2% year on year, and up 0.8% from the same period of 2019. The imports in the...
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  • Profits of yarns strode forward in 2021

    Yarns have seen record high profits in 2021. Some cotton yarn mills even reported that they have not seen the hotness for ten years, a polyester/cotton yarn mill said it obtained profits up to 15 million yuan in 2021, some rayon yarn mills also reported great profits overall… The below part d...
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