- China lowers import tariffs on 883 commodities in 2021
- From January 1, 2021, China will implement a provisional import tax rate lower than the MFN rate on 883 commodities. Yin Zhengping, a researcher at the Foreign Trade Research Institute of the Ministry of Commerce, believes that China will adjust import tariffs on some commod
- Dec 30, 2020
- EU’s turnover recovery still uncertain: Euratex
- Euratex, a European organisation, has announced that data of third quarter of 2020 has shown a partial recovery compared to previous quarter. However, production is still negative, and signs of a full recovery are yet to be seen. Hence, Euratex has called EU for an active engagement in cru
- Dec 30, 2020
- National cotton output 5.91 million tons: Bureau of Statistics
- According to a statistical survey of 31 provinces (autonomous regions and municipalities) across the country (the cotton sown area in Xinjiang was obtained through remote sensing measurement), the national cotton sown area, output per unit area, and total output in 2020 are as follows:
- Dec 29, 2020
- Global apparel imports recover in Q3 of 2020
- Since August this year, the global apparel import market has begun to recover and resume positive growth. There was a single-digit increase in September and October, reflecting the recovery of the retail industry and the recovery of global apparel demand. According to the la
- Dec 29, 2020
- Spandex operating rate to remain high in December
- Operating rate of spandex market is expected to remain high in December. Supply will touch yearly high, but demand may diminish temporarily. As per CCF Group, the diversification between supply and demand is likely to enlarge. Supply of spandex is estimated to gradually become normal and t
- Dec 29, 2020
- The textiles equipment utilization rate above 95% year-to-date: CCTA
- According to the tracking data of the China Cotton Textile Association, cotton textile production continued to increase month-on-month in November, sales decreased month-on-month, and the market slowed down. Production: equipment utilization rate is higher than the same period l
- Dec 29, 2020
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