Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

Live Updates  >  Live Update Details

2026-04-06 15:42:42

[Middle East Conflict Ignites Core Raw Material Supply in Textile Industry; Curtain Companies Warn of Potential Price Increases] For textile companies, synthetic fibers are the foundational raw material for fabric production, accounting for over 60% of total fabric costs. The cost pressure from rising crude oil prices will gradually be passed down the textile industry chain downstream. Lou Qiaoping, a merchant selling sun-protective clothing in Yiwu International Trade City, explained that her store's sun-protective clothing contains over 85% nylon. Recently, while raw material prices have risen, they are also facing supply shortages, with many orders unable to be fulfilled by upstream factories. Merchants stated that to stabilize customer base, they are negotiating with downstream clients to ship completed orders at the original price, and then flexibly adjust wholesale prices for new orders based on market conditions. In Haining, Zhejiang, a curtain company stated that all current raw materials for their products are synthetic fibers. The company is currently using previously stockpiled fabrics for production, but once the inventory is depleted, the cost of repurchasing will increase, and product prices are expected to rise starting in April. (CCTV Finance)

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4792.29

73.11

(1.55%)

XAG

76.364

2.310

(3.12%)

CONC

96.18

1.77

(1.87%)

OILC

95.05

-1.11

(-1.16%)

USD

98.655

-0.375

(-0.38%)

EURUSD

1.1720

0.0058

(0.50%)

GBPUSD

1.3452

0.0060

(0.45%)

USDCNH

6.8255

-0.0065

(-0.09%)

Hot News