
Increased attention to US cotton cargoes in 2021/22
Since December, the main contract of ICE cotton futures has rebounded from the low of 102.50 cents/pound in the past month and a half and successfully opened the 105 cents/pound ma…

The transaction volume of cotton yarn is relatively cold, and the quotations are concentrated and dived.
According to feedback from cotton spinning mills and traders in Jiangsu, Zhejiang, Henan, Shandong and other places, the transaction price of combed yarn with a count of 60S and ab…

China may become the main buyer of US cotton next year
On December 14, the cotton market was weak and consolidated, falling for most of the time. The market expressed great concern about the upcoming Federal Reserve interest rate meeti…

National Bureau of Statistics interprets cotton production in 2021
National cotton production data released by the National Bureau of Statistics show that the national cotton production in 2021 is 5.731 million tons, a decrease of 180,000 tons or …

Due to multiple bad news, the Spring Festival holiday may start early
【Introduction】 Since December 12, due to the escalation of the epidemic, some areas in Ningbo, Xiaoshan, and Shaoxing in Zhejiang have been upgraded to medium- and high-risk areas.…

OPEC and IEA are “tit for tat”, and the future supply and demand relationship in the oil market will become increasingly unpredictable
As new variants of the virus sweep the world, the future supply and demand relationship in the oil market has become increasingly unpredictable. The divergence over the outlook was…

Taiwan Chemical’s 1.5 million tons/year PTA project ground pipe installation officially begins
On December 5, the first section of the deep foundation pit and large-diameter underground pipes of the Taihua PTA project constructed by the Fifth Branch of Nanjing Engineering Co…

In the short term, PTA prices may rise slightly
After experiencing a weak November, the PTA market has digested the negative news recently and finally ushered in a rebound. According to price monitoring, PTA has recently experie…

Terminals start the “Spring Festival holiday” ahead of schedule, and spring orders have not yet started in large numbers
Last week, with the escalation of epidemic prevention and control in Xiaoshan, Shaoxing, and Ningbo, Dalang Town, the “Global Wool Textile Center” in Dongguan, also beg…

Long and short intertwined, the two-way fluctuations in the RMB exchange rate may intensify?
In the coming year of 2021, the RMB exchange rate has appreciated slightly by about 2.5%, but overall it still fluctuates in both directions within a reasonable range. The annual f…