Performance is “strong”, the RMB exchange rate may resume its upward trend
Affected by the fact that the Federal Reserve may raise interest rates more than expected, causing the US dollar to bottom out strongly, the RMB exchange rate has quietly given up …
Futures such as crude oil and PTA are simply like rabbits meeting rabbits, jumping up and down, and they are not worry-free materials.
crude oil Crude oil: Crude oil prices have declined this week. As of the 23rd, the settlement price of the main U.S. WTI crude oil futures contract was US$75.39/barrel, and the set…
Imported yarn: The heat has cooled down, and the stockpile rate has rebounded slightly.
According to feedback from several cotton spinning companies in Jiangsu, Henan, Anhui and other places, since mid-to-late February, inquiries and shipments of cotton yarns using im…
The risk premium has fallen sharply. How will crude oil perform in the future?
On the anniversary of the outbreak of the Russia-Ukraine conflict, the United States, the European Union and others continue to tighten sanctions on Russia, and the crude oil marke…
With an intraday increase of more than 3%, is PTA futures expected to “take off” again?
Entering March, PTA futures “took off” again. Yesterday, PTA futures prices rose by more than 3% during the day, with the highest intraday price of 5,748 yuan/ton also …
Looking at the future direction of the cotton market from the USDA Outlook Forum
Although there are still many problems plaguing the cotton market in 2023, in the context of China and the global economic recovery, the cotton market seems to have no doubt about …
Digital and intelligent transformation is busy grabbing orders, and the silk industry is revitalized with new vitality
Since entering 2023, the silk industry has continued to promote the process of optimization and upgrading. The industry atmosphere has become more pragmatic and placed more emphasi…
Strong expectations and weak reality are intertwined, and imported cotton transactions are still weak
According to feedback from cotton traders such as Zhangjiagang and Qingdao, since late February, except for a small amount of customs-cleared RMB resources at a fixed price, inquir…
Shipping received a “blow” and exports experienced a “three consecutive declines”. Where should foreign traders go?
At the beginning of 2023, shipping containers will receive a “blow in the face”! Among 18 Asian economies, exports to the United States fell by 1,468,276 TEUs in January, a decreas…
The market situation has changed quietly: the number of warehouses entered by some dyeing factories has dropped sharply! The textile and chemical fiber market is still waiting for the landing of larger downstream orders.
After the New Year, orders from various dyeing factories were booming, and warehouse purchases surged. The sight of gray fabrics piling up in the factory area is still before us, b…