• Welcome Visit Runteks Group Booth in【 Sri Lanka】Intex-InMac Fair
    Welcome Visit Runteks Group Booth in【 Sri Lanka】Intex-InMac Fair Aug 06, 2025
    Welcome Visit Runteks Group Booth in【 Sri Lanka】 Booth No: 【L6】 Date: 【Aug. 6th to 8th, 2025】 Exhibition Center: BMICH(Sirimavo Bandaranaike Memorial Exhibition Centre) Looking forward to meeting you on this beautiful island
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  • Runteks Group- 2025 Shanghai Yarn Fair invitation
    Runteks Group- 2025 Shanghai Yarn Fair invitation Jul 28, 2025
    Good day We hereby sincerely invite you and your company representatives to visit our booth at Shanghai Exhibition.   Hall 8.2, Booth No. K138, near to door 15 Date: 2nd Sept - 4th Sept Add: National Exhibition and Convention Center   We also prepare many yarn samples and fabric swatches for checking, It would be a great pleasure to meet you and have a biz discussion there. Hope we can establish long-term business relations with your esteem company in future.
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  • Foreign Trade Exchange Brief
    Foreign Trade Exchange Brief Jul 09, 2025
    **USD Trend:** The USD index continues declining, down over 10% YTD to 97.33 (July 8 2025), pressured by Fed rate-cut expectations and trade tensions. **Opportunity for EU Buyers:** - **Dual appreciation:** EUR/USD ↑10% + EUR/CNY ↑12% to 8.44, significantly boosting Eurozone purchasing power. **Urgent Call:** Seize the EUR strength, USD weak! Contact us immediately to lock in low rates and upgrade sourcing—maximize savings before market conditions change.
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  • Oil Price Drop Eases Yarn Costs After Mideast Ceasefire
    Oil Price Drop Eases Yarn Costs After Mideast Ceasefire Jun 26, 2025
    Recent easing of Middle East tensions following an Iran-Israel ceasefire has triggered a sharp decline in global crude oil prices.   This drop is now flowing through supply chains, reducing costs for key yarn raw materials like viscose fiber and virgin polyester.  If you have a purchase plan in the near future, you can start preparing. Welcome to receive your inquiry.
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  • Runteks Group - Sri Lanka Intex-InMac fair invitation
    Runteks Group - Sri Lanka Intex-InMac fair invitation Jun 20, 2025
    Runteks will attend Intex-InMac held Sri Lanka. We've prepared lots of our new and main products' samples that would be shown there. Your presence would greatly enhance the success of this fair.   Booth No: L6 Date: Aug. 6th to 8th, 2025 Exhibition Center: BMICH(Sirimavo Bandaranaike Memorial Exhibition Centre)   Additionally, we would like to arrange a meeting with you for a more in-depth business dicussion. Please kindly check your schedule and confirm back to us.
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  • Eid Al Adha Holiday in 2025
    Eid Al Adha Holiday in 2025 Jun 10, 2025
    May the divine blessings of Allah bring you hope, faith, and joy on Eid Al Adha and forever. Wishing you and your loved ones a blessed celebration filled with happiness and prosperity. Eid Mubarak!
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  • The excellent market adaptability of China's textile industry under the situation of continuous rise in sea freight and RMB value-added
    The excellent market adaptability of China's textile industry under the situation of continuous rise in sea freight and RMB value-added Jun 06, 2025
    1. Interpretation of Recent SCFI Freight Rate Index Changes Reference materials explicitly highlight that "the shipping market continues to improve" and "freight rates on most routes continued to rise, driving the composite index upward." Behind this trend lie both macroeconomic factors—such as China’s "6.1% year-on-year growth in industrial output from large enterprises" and "8.1% export growth in April"—and the profound impact of specific trade policy adjustments (e.g., eased “"tariff war" tensions") as well as shifts in market supply and demand dynamics. 2. Appreciation across the board The RMB exchange rate trend has stabilized Looking back on the performance of the foreign exchange market in May, the three major quotations of the RMB exchange rate appreciated across the board. On the last trading day of May (May 30), the onshore RMB exchange rate against the US dollar closed at 7.1989, depreciating 0.18% during the day; The offshore yuan closed at 7.2065 against the US dollar, depreciating 0.24% during the day. In May, the onshore RMB appreciated by 1% against the US dollar, and the offshore RMB appreciated by 0.86% against the US dollar. In terms of the central price, the central parity of the RMB against the US dollar was reported at 7.1848 on May 30, compared with the quotation of 7.2014 at the end of April, with a cumulative appreciation of 0.23%. 3. In January to March 2025, the wool import situation in the main wool textile market is still stable 1.) In January to March 2025, the import value of woolen products in the United States totaled 790 million US dollars, a year-on-year increase of 8.7%, of which the import of woolen products from China totaled 130 million US dollars, a year-on-year increase of 9.5%. During the same period, U.S. wool imports from ASEAN and India increased by 30.2% and 22.0% year-on-year, respectively. Regional share of imported woolen products in the United States in January to March 2025  Source: U.S. Department of Commerce's Office of Textiles and Apparel 2). In January ~ March 2025, the import value of Japan's woolen products was 28.6 billion yen (about 200 million US dollars), a year-on-year decrease of 9.4%. In the same period, Japan imported 9.66 billion yen of woolen products from China, accounting for 33.8% of Japan's woolen imports, down 2.4 percentage points. Regional share of imported woolen products in Japan in January to March 2025 Source: Ministry of Finance, Japan 3). In the first quarter of 2025, the import value of EU woolen products (imports outside the EU area) will be 930 million euros (about 1.06 billion US dollars), basically unchanged year-on-year. Among them, imports from China amounted to 310 million euros, accounting for 33.6% of the EU's imports outside the zone, an increase of 3.2 percentage points. Regional share of woolen products outside the EU import zone in January ~ March 2025 Source: Eurostat In summary,with the efficiency of the supply chain and market adaptability,...
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  • The joint statement of the China-US Geneva economic and trade talks was released. What signals does it send?
    The joint statement of the China-US Geneva economic and trade talks was released. What signals does it send? May 19, 2025
    1. Tariff Adjustment According to the Joint Statement of the Sino-US Geneva Economic and Trade Talks issued on May 12, 2025, the United States will suspend the imposition of additional tariffs of up to 24% on some Chinese products for 90 days. This measure mainly targets consumer electronics, some electromechanical products, textile products and daily consumer goods. Although this temporary measure is not a final solution, it has caused a positive response in the market, especially among companies that are easing exports to the US market. 2. Market reaction After the release of the joint statement, the global market reacted quickly. Nasdaq 100 futures rose by more than 3%, and the Hang Seng Index rose sharply during the session, indicating that the market is generally optimistic about the easing of Sino-US relations and looks forward to the two countries resuming normal trade exchanges as soon as possible. This is not only in the interests of both China and the United States, but also in line with the expectations of the global market. 3. Impact on China's foreign trade Export companies benefit: For companies that export directly to the US market, the 90-day tariff suspension means that orders may be restored, and some customers who have lost due to tariffs may reconsider cooperation with China. 4. Uncertain follow-up impact Although the current negotiation results show certain positive signs, the future trade environment and tariff policies may still change, and we need to continue to pay attention to the progress of the subsequent China-US consultation mechanism. In summary, although the China-US economic and trade negotiations have not yet reached a final agreement, the consensus between the two sides in some areas has begun to have a positive impact on the global supply chain and trade flows.
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