What is the impact of Russia-Ukraine conflict on the international textile market?

摘要

Russia is the important energy supplier,Ukraine is the world’s grain-producing country,Ukraine issue will no doubt has a major impact on the oil and grain markets in the short term.The price fluctuations of polyester staple fiber caused by oil will further affect the prices of cotton and viscose,the instability of raw material prices will cause certain problems for cotton spinning enterprises to purchase raw materials,and exchange rate fluctuations,sea transportation and land route blocking are undoubtedly major constraints faced by foreign trade enterprises.