After four consecutive days of sharp rise last week, the RMB exchange rate rose again. On December 5th, the exchange rate of offshore RMB against the US dollar continuously rose through the 7.0 and 6.95 marks, with an intraday increase of over 700 points, the highest since the end of November. On the same day, the onshore RMB also rose sharply. The offshore and onshore RMB exchange rates against the US dollar were reported at 6.9504 and 6.9565 respectively. There are two main reasons for RMB's rise above 7: First, the recent favorable domestic policies have greatly enhanced the market's confidence in China's economic recovery, which has played a very good supporting role in strengthening the RMB; Second, under the expectation that the Federal Reserve will slow down the interest rate hike, the US dollar may enter a downward channel, and the corresponding RMB will appreciate. However, the real strength of the RMB exchange rate may have to wait until next year when China's economic recovery is highlighted and the Fed's interest rate hike cycle is confirmed to be over.

As the cold wave may strike, the price of natural gas in Europe will rise, which will test the region's preparation for winter under the condition of limited supply. The futures of TTF natural gas in the Netherlands rose by more than 10% in recent months, reaching the highest level since October 13th. As of press time, the futures rose 9.63% to 160.5 EUR/MWh. The temperature in Europe is relatively mild in November, but according to the data of Maxar and Marex, the temperature in this region may drop sharply this month, which is expected to be lower than the average level of previous years. After Russia cut off most of the pipeline gas supply in summer, the cold winter will further affect Europe by the tight supply. LNG helped Europe fill its gas storage, but inventory began to decline. At present, the price of natural gas in Europe is four times the previous level, which has aggravated inflation and damaged the economy. Europe has been working hard to speed up the construction of infrastructure to receive more LNG, and it is expected that Germany will build its first import terminal this month. However, if Asia also encounters a cold wave, its rising demand will intensify the competition for natural gas in various regions, leading to further higher prices.

The return of sportsmanship in recent years has changed the fashion trend. The diversification of lifestyle has also continued to promote the development of sportswear, and the market segment has attracted attention. Trend 1: exquisite nature+silent neutral color Fashion style and sports are the mainstream, with streamlined modeling and flowing materials. The matte surface of the fabric can present soft color mixing and dry touch through cotton/polyester and cotton/nylon blends, creating a diversified and practical casual appearance. Trend 2: Pure beauty first+soft color gray tone Consumers occasionally need to escape from reality. Dream and reality reach a delicate balance in this spring and summer. Candy colored sports bras and yoga pants are paired with jackets and other silhouette coats, such as box cut tops or H-shaped windbreaker, making your skin youthful and dynamic. The light perspective fabric is the key point of application. The soft and fine poplin, chiffon, taffeta, etc. span the style boundary and bring a new idea of mixing and matching to the young sports style.

China has been a major country in silk and cotton textiles since ancient times, and the "Silk Road" has influenced the world. Since ancient China, China has demonstrated its commercial exploration in textiles and clothing. Up to now, China is still the first producer and exporter of textiles. In 2021, China's textile exports will account for nearly half of the total global textile exports. There are endless opportunities to seize single floor at sea Recently, affected by the epidemic and weak global demand, many textile enterprises said that their orders declined. In order to change the status quo, textile enterprises rushed to sea for orders. Risk reduction due to favorable policies As a large textile and clothing country, China's textile and clothing industry has formed a full industrial chain from upstream raw materials to midstream fabric processing and then to downstream clothing management. It has a manufacturing industry cluster from design, fabric and finished product manufacturing to warehousing and logistics.

The style of fabrics woven from yarn dyed by segments has been fundamentally broken through, so they are favored by the majority of consumers. Yarns suitable for segment dyeing include: cotton, polyester cotton, nitrile cotton, viscose staple filament, acrylic fiber, rayon, polyester fiber, pure wool yarn, nylon thread, nylon staple filament and various blended yarns Dyes that can be used for stage dyeing include reactive dyes, acid dyes, disperse dyes, paints, etc.

Anti pilling fiber After chemical modification or physical treatment, the fiber and its fabric can prevent or reduce their friction and entanglement to form small balls during use, which is called anti pilling fiber. The fabric made of anti pilling fiber has anti pilling effect of more than three levels. Anti pilling fibers are generally blended with other short fibers to produce wool fabrics, knits, etc.

Spandex (elastic fiber) It has the best elasticity, the worst strength, poor moisture absorption, good light resistance, acid resistance, alkali resistance and wear resistance. Uses: Chloro fiber is widely used in underwear, female underwear, casual wear, sportswear, socks, pantyhose, bandages and other textile fields and medical fields. Spandex is a kind of high elastic fiber which is necessary for high performance clothes in pursuit of mobility and convenience. Spandex can stretch 5-7 times longer than the original, so it is comfortable to wear, soft to handle, and does not wrinkle, and can always maintain the original contour.

thirty-seven point five ® Technology is a patented technology developed by Cocona that uses body heat to evaporate moisture. It is mainly used in the development of functional fabrics. The human body is equivalent to a 24-hour continuous heating machine, and the main way to release heat is water evaporation, through which the human body can be kept at the most comfortable temperature. If these evaporated moisture cannot be removed from the clothes in time, it will continue to accumulate, making the microclimate between the body surface and the clothes very humid, making people feel uncomfortable and sticky. thirty-seven point five ® Technology can strengthen the natural cooling mechanism of the human body - the body secretes sweat to reduce body temperature, while 37.5 ® Technology can remove sweat from clothing's microclimate.