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  • INSIGHTSThe international trade in goods and services in China in July this year exceeded 3.77 trillion yuan, or $526.5 billion, according to official data released recently.Exports of goods were worth nearly 1.83 trillion yuan and imports crossed 1.44 trillion yuan, resulting in a surplus of 385.5 billion yuan, the state administration of foreign exchange said.The international trade in goods and services in China in July this year exceeded 3.77 trillion yuan, or $526.5 billion, according to of
  • INSIGHTSCotton harvest in Brazil has advanced, but prices remain firm in the first half of August.The stability in price is supported by international valuations and the dollar's appreciation against the Real.Many sellers were absent from the Brazilian spot market.Between July 31 and August 15, the cotton price in Brazil rose by 4.11 per cent.Despite the progress of both the harvest and processing of the new crop in Brazil, cotton prices remained firm in the first fortnight of August. This w
  • INSIGHTSChina's foreign trade expanded by 0.4 per cent year on year (YoY) to 23.55 trillion yuan in the first seven months this year. It totaled 3.46 trillion yuan in July, and domestic experts feel it is expected to maintain steady growth despite a challenging external environment.The country's general trade rose by 2.1 per cent to 15.41 trillion yuan during the period.China's foreign trade expanded by 0.4 per cent year on year (YoY) to 23.55 trillion yuan ($3.29 trillion) in the fi
  • INSIGHTSMethane emitted from animals accounts for most of the climate change impact from virgin animal-based fibre production, according to a report by the Fashion Industry Charter for Climate Action.For raw silk, producing the leaves to feed the silkworms was the highest contributor of climate impacts, compared to the subsequent sericulture and reeling processes.Methane emitted from animals (enteric fermentation and manure) accounts for most of the climate change impact from virgin animal-based
  • INSIGHTSHigh inflation and elevated interest rates continue to put pressure on the stock prices of ports and terminals companies, UK-based Drewry Financial Research Services has said.Supply chain congestion has normalised, bringing the container dwell times down to pre-pandemic levels, lowering the storage-led income and thus contracting overall revenue, it noted.High inflation and elevated interest rates continue to put pressure on the stock prices of ports and terminals companies, according to
  • INSIGHTSThe US international trade deficit was $87.8 billion in June 2023, down $4.0 billion from May; exports increased by $0.4 billion, and imports decreased by $3.6 billion.Retail inventories for June were $783.9 billion, up 0.7 per cent from May and 5.4 per cent from June 2022.Wholesale inventories were $908.0 billion, up 1.7 per cent from June 2022.The US’ international trade deficit was $87.8 billion in June 2023, down $4.0 billion from $91.9 billion in May. Exports of goods for June were
  • The textile industry's environmental impact is a long-standing subject of scrutiny, with parties ranging from concerned consumers to government officials chiming in to suggest how to make meaningful, positive changes. Here are five ways textile manufacturers could stimulate progress.Figure 1: Piled of folded textileReduce the use of toxic processesOne option for textile manufacturers to make improvements is to analyze which processes cause the most harm to the planet and look for ways to alt
  • INSIGHTSThe S&P Global China business activity net balance fell from a ten-year high of 34 per cent in February to 23 per cent in June, signalling a softer degree of optimism regarding future output.It was the second-highest since February 2022.Expectations around job creation, profitability, capex and R&D spending also moderated in June, but remained positive.Chinese companies were highly upbeat regarding the 12-month outlook for output during June, according to the latest S&P Globa
  • INSIGHTSMost capital goods in China saw higher prices in early July over late June.Of the 50 major goods classified in nine categories, 35 reported higher prices in the period, 12 saw price declines, while the prices of three remained unchanged, the National Bureau of Statistics said.The price of LNG rose by 0.5 per cent in early July compared with late June.Most capital goods in China registered higher prices in early July compared with late June, according to official data.Of the 50 major good
  • INSIGHTSChina's consumer price index (CPI), an inflation gauge, remained unchanged in June 2023 from the same period last year, as per the National Bureau of Statistics (NBS).The figure was below a 0.2 per cent rise in May 2023.A detailed analysis showed a minor 0.2 per cent decrease in overall monthly prices and a 0.6 per cent drop in non-food item prices.In June 2023, China’s consumer price index (CPI), a crucial measure of inflation, recorded no change compared with the same period in the
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