HEBEI WEAVER TEXTILE CO., LTD.

24 Years Manufacturing Experience

Industry 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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  • Indian cotton prices rise continually, but hard to stimulate cotton yarn market

    1. Indian cotton prices continue to rise after India waives import duty on cotton Indian cotton arrivals slow down apparently in 2021/22 season. According to AGM, by May 7, 2022, cumulative arrivals have reached 4.1618 million tons in 2021/22 season, down 903.4kt or 17.8% from prior 2-year averag...
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  • China Textile City Market will resume in an orderly manner

    The China Textile City Construction Management Committee of Keqiao District, Shaoxing City issued a notice: in order to scientifically and orderly promote the resumption of the textile city market, after research, it was decided to resume the market on May 27, the markets of the textile city join...
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  • Apr’22 cotton yarn imports may move up 15.22% m-o-m to 132kt

    1. Imported cotton yarn arrivals to China assessment According to Mar export data of major cotton yarn import origins of China and initial research of cotton yarn arrivals of China, Apr cotton yarn imports of China is estimated at 132kt, down 38.66% on the year and up 15.22% on the month. Apr ar...
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  • Impact of yuan depreciation on PTA market

    After the U.S. Federal Reserve announced a 50 basis point hike last week, its largest increase since 2000, the Dollar Index has risen as high as 104.19, a fresh 20-year peak, which triggered a depreciation of the renminbi, euro and yen.   The recent depreciation of the RMB has directly drive...
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  • China PP production down 5.24% m-o-m in Apr

    Capacity and monthly production In Apr 2022, China PP granule production capacity was 32.785million mt/year, as no new plants had started commercial production during the month.   China domestic production was assessed around 2.3915 million mt, up 5.17% on the year, but down 5.24% month-on-...
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  • Japan’ s textile and apparel imports grow 15.9% in March

    Japan’s textile and apparel imports increased 15.9 per cent to 349.36 billion yen in March this year. Apparel imports increased 15.2 per cent Y-o-Y and 25.6 per cent M-o-M to 247.7 billion yen during the month. Of this, imports from China increased 19.3 per cent Y-o-Y and 32.8 per cent M-o-M to 1...
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  • How did EU-27 textile and apparel imports perform in Jan-Feb?

    The epidemic in China has greatly affected people’s lives and the sales ratio of mills, while the European and American markets have gradually relaxed their lockdown measures where the production and life of the people have gradually returned to normal, and the situation of mills returning ...
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  • Economy likely to recover after April doldrums

    Fundamentals on firm footing as long-term growth prospects remain unchanged, NBS says China’s economy is supposed to see improvement this month despite weak business data in April, and economic activities may rebound with a gradual recovery in household spending and strong fixed-investment ...
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  • Mar 2022 China polyester yarn exports sustained the sharp rise

    Polyester yarn 1) Export China polyester yarn exports in Mar amounted to 44kt, up 17% on the year and 40% on the month. The big increase on the year was mainly because polyester yarn experienced sharp ups and downs as pulse and the exports shrank greatly last Mar, and the increase on the month w...
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