The US West Line rose 20% in a single week! Is the peak replenishment season coming in Europe and America?
Driven by the sharp increase in freight rates on the US line, the Shanghai export container freight index ended its three consecutive declines and rebounded again. But how long the…
Disturbed by bad news, Zheng cotton turned into a volatile trend
In July, the textile industry entered the off-season. The production and sales rates of textile enterprises in various places dropped, and there were signs of accumulation of inven…
PTA rises first and then falls, with limited upside space
In the second quarter, the PTA market rose first and then declined. The PX supply was tight due to maintenance, and suppliers repurchased spot goods. In mid-to-early April, PTA pri…
Supply rebounds rapidly, ethylene glycol operates under pressure
As the cash flow of the equipment is restored, the willingness of enterprises to focus on maintenance has declined. At the end of June, many units have been restarted. Even though …
The single-day increase exceeded expectations. Why did PTA increase its position significantly?
After the opening of the daily trading on the 7th, PTA futures increased their positions significantly, breaking through the previous oscillation high. As of the closing, the PTA 2…
The external market resumes its upward trend, and cotton may rise more easily than fall.
Recently, there are many factors plaguing the cotton market. There is a general consensus that the downstream demand is weak. The profits of the spinning process are reduced, and t…
Shipping companies have significantly increased freight rates, is there an undercurrent in the shipping market?
Recently, Maersk announced a significant increase in freight rates in an attempt to “reverse” the low freight rates on the Asia-Northern Europe route for several weeks.…
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Consumption picks up with twists and turns, ICE retreats to 80 cents
In recent trading days, the main contract of ICE cotton futures has continued to consolidate around 80 cents/pound, mainly due to the wide adjustment of the US dollar index, the &#…
Some varieties are oversold! High polyester production may be the biggest driver of PTA surge…
Recently, PTA futures have increased their positions significantly, breaking through the previous oscillation high. As of the closing on the 7th, the main PTA contract rose sharply…
The supply and demand pattern improves, and ethylene glycol is expected to continue its rebound
At present, although the start-up load of ethylene glycol has rebounded significantly, port inventories continue to decline, coupled with the recovery in the start-up load of the d…