After “suspected peaking”, PTA made a counterattack!
Introduction After the “suspected peak” at the end of July, with the adjustment of international oil prices and the gradual change of months of the main contracts, PTA …
U.S. apparel imports decline, Asian exports suffer setback
According to foreign media reports, the turbulent U.S. economic outlook has led to reduced consumer confidence in economic stability in 2023. This may be the main reason why U.S. c…
The global economy is in troubled times, with exports from many countries declining. Who can win under pressure?
At a time when the global economy is in troubled times, the import and export data of many major trading countries have dropped. Analysts say the global trade “stress test…
Both costs and macro are strong, how far can PTA go?
Recently, the macro level and upstream costs have gradually become the main trading logic of PTA, and the impact of its own supply and demand situation on the market price is gradu…
Global trade has changed dramatically, and four trends have emerged in textile trade
Global trade has undergone the most drastic changes since the COVID-19 epidemic, and the World Trade Organization (WTO) is working hard to ensure that trade flows resume as soon as…
Insufficient terminal recovery expectations may drag down the rise of polyester filament
Introduction: Recently, the cost side of polyester has been supported by high levels, and the demand side has gradually recovered. Weaving and polyester filament companies have sho…
The polyester market fluctuated strongly in August and may continue its upward trend in September.
In August 2023, the polyester market was operating steadily, market prices and profitability levels both rebounded, and the industry as a whole was still in a destocking cycle. Ent…
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The negative impact has eased, and crude oil may fluctuate at high levels
Since May this year, Saudi Arabia and Russia have begun additional production cuts to support the oil market. Therefore, the actual crude oil production performance of these two co…
Falling below 7.32! Many factors affect exchange rate fluctuations. How will the exchange rate go in September?
The U.S. dollar index continues to strengthen, driving the RMB exchange rate against the U.S. dollar to continue to fall. On September 6, the spot exchange rate of RMB against the …
High polyester production and low inventory provide support to the PTA market
Introduction: Domestic PTA rigid demand was stable in August, and polyester products still maintained high production and low inventory levels. In the traditional small peak season…