Oil-producing countries are determined to reduce production. Can relatively high oil prices be sustained?
In early October, OPEC+ production cuts pushed oil prices to soar. By mid-October, concerns about economic recession in Europe and the United States began to envelope the oil marke…
The purchase price of seed cotton has risen steadily, with bulls and bears intertwined. Where will the market outlook for cotton go?
“Today’s listed purchase price is 5.5 yuan/kg, which is 0.3 yuan/kg higher than the previous few days. The daily purchase volume has increased from about 300 tons to 1,…
What effect does controlling raw cotton quality have on yarn production?
Based on multiple feedbacks and complaints from customers, and after analysis, the author concluded that customers responded that there were too many neps and dead cotton. Most of …
The trends of seed cotton and Zheng cotton deviate from each other, how will the market outlook perform?
Entering this week, the purchase price of seed cotton in Xinjiang and the Mainland has been rising. The purchase price of machine-picked cotton in Xinjiang has reached a high of 6.…
The exchange rate and sea freight have both declined. What is the current status of textile foreign trade orders?
Since 2020, with the continued deterioration of the epidemic and the trade environment, many industries have suffered a heavy blow, especially the dual impact of exchange rates and…
The energy crisis is superimposed on inflation, and the “involution” of the industry is intensifying. Are there “dangers” and “opportunities” amid these difficulties?
Compared with previous years, orders from South America dropped by approximately 30% to 40% in the first nine months of this year. “The main reason is the imbalance between s…
Maintenance maintenance vs. expected production start-up, where will the PTA market go in the future?
Introduction: Since October, the domestic PTA market has continued its downward trend, and the overall negotiation atmosphere has been poor. Spot prices in East China fell from 6,3…
Hitting the lower limit! Cotton’s external market continues its decline. Where will global cotton go?
On Friday night, U.S. ICE cotton futures hit their lower limit, down 3.99%, to 72.11 cents/pound. What causes cotton to continue its decline? “The external market has continu…
OPEC raises oil demand forecast, are forecasts too optimistic?
Although energy transformation is imperative, the world is still inseparable from oil, and global oil demand will continue to grow slightly in the next two decades. On October 31, …
The downward trend in freight rates has not been curbed, with the US-West coast falling to US$1,500? Some routes bucked the trend and rose.
Recently, shipping companies have continued to cancel voyages from China to Northern Europe and the Western United States to slow down the decline in container spot freight rates. …