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…
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…
After this round of rise, PTA futures prices may enter high levels and fluctuate
Since mid-August, several PTA factories have announced maintenance plans for September. Crude oil prices have bottomed out and have broken upwards. Demand from downstream peak seas…
广告
Imported cotton: US dollar resource transactions decrease, textile companies favor cotton reserves
According to feedback from several cotton trading companies in Qingdao, Zhangjiagang and other places, due to the main ICE cotton futures contract clocking in at 90 cents/pound las…
Imported yarn quotations are chaotic and port inventories have rebounded
According to feedback from some cotton yarn traders in Zhejiang, Guangdong and other places, since late August, both the US dollar and RMB quotes for imported yarn have been confus…
The game of forced destocking and negative feedback, what’s the future of crude oil?
International oil prices have risen slightly in the past week. According to the latest position data statistics, the net long positions of WTI crude oil and Brent crude oil have in…