2023-12-29 10:42
From January 1 next year, China will adjust import and export tariffs on some commodities.
In order to support and help the least developed countries to accelerate their development, the preferential tax rate will continue to be implemented in 2024 for the least developed countries that have established diplomatic relations with China and completed the exchange of documents. In order to promote China's superior products to better participate in the international market competition, 2024 will be appropriate to adjust the national sub-items, adding decorative base paper, high-end steel products and other tax items. After adjustment, the total number of tariff items is 8957.
View Details2023-12-29 10:42
Recently, according to the analysis of the small commodity index network, the price index fell slightly in the second week of December, and offline transactions were hot, driving up the on-site trading price index and export trading price index. The popularity of military coats has brought about a sales boom that has led to the production of related clothing accessories and accessories. In addition, skin care and beauty products, sanitary and cleaning daily necessities and other products are also sold in the market. Foreign trade performance increased year-on-year
View Details2023-12-29 10:41
Quote express: gauze briefly warmed up, cotton "volume price" rebounded
According to feedback from several cotton processing enterprises in Aksu, Korla, Kuitun and other places, driven by the rebound in Zheng cotton last week and the "tail-lifting" market in terminal production and sales before the festival, not only cotton prices inside and outside Xinjiang rebounded with futures oscillation, but also the enthusiasm of cotton traders/current companies and textile enterprises to make inquiries and purchases gradually rebounded from the first half of December. How long this situation can last, cotton-related enterprises are generally not sure, can only observe while shipping.
View Details2023-12-29 10:40
Industry boom report: industry production and demand slowdown, destocking pressure is greater
In November, the international environment remained complex and grim, the growth momentum of major economies was slightly insufficient, and the overall recovery of the world economy was facing certain challenges. On the domestic front, the effectiveness of macro-policy continued to show, and the national economy continued to pick up for the better. From the perspective of the industry, both ends of production and demand have slowed down, market prices continue to fall, product inventories have gradually accumulated, cotton textile enterprises are under greater operating pressure, and the industry continues to be in a state of lack of prosperity. For the development of the market, enterprises cautiously wait and see. In November, China's cotton textile prosperity index was 49.0, up 0.3 percentage points from October. Although the prosperity index was in the contraction range, it improved from the previous month. From the perspective of sub-indices, the seven sub-indices that make up the China Cotton Textile Prosperity Index are all below the critical point. Among them, the raw material inventory index and corporate confidence index rose from October, and the raw material procurement index, product sales index, product inventory index, and business The operating index fell from October.
View Details2023-12-29 10:39
As an important export sector, Pakistan's textile industry is facing insurmountable challenges such as high energy costs and currency devaluation, and its competitiveness in the global market is declining.
View Details