API crude oil inventories decreased by 3.089 million barrels, international oil prices rose more than 3%

API crude oil inventories decreased by 3.089 million barrels, international oil prices rose more than 3%



U.S. API crude oil inventories decreased by 3.089 million barrels in the week to December 3. The latest short-term energy outlook report released by EIA shows that global crude oil…

The positive effect of RRR reduction on my country’s cotton textile industry

The positive effect of RRR reduction on my country’s cotton textile industry



In order to support the development of the real economy and promote the stabilization and decline of comprehensive financing costs, the People’s Bank of China decided to lowe…

Cotton may not have the conditions for major adjustments

Cotton may not have the conditions for major adjustments



Recently, the central bank officially announced that it will lower the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021. The sluggish f…

The external market rebounded and cotton prices began to recover

The external market rebounded and cotton prices began to recover



On December 6, ICE cotton futures rose sharply, driven by the Dow Jones Industrial Average. Recent news about Omicron states that the mutated strain has not spread widely in Africa…

What impact will the central bank’s RRR cut have on ICE’s market?

What impact will the central bank’s RRR cut have on ICE’s market?



On December 6, ICE cotton futures rebounded sharply, with the main contract instantly rising to 107 cents/pound, and the sentiment of bulls and funds recovered. As for the reason w…

There are variables in supply and demand, and it is difficult to say that the oil market will stabilize in the short term.

There are variables in supply and demand, and it is difficult to say that the oil market will stabilize in the short term.



One wave has not subsided, and another wave has arisen. After the United States dumped reserves to control oil prices, there has been vague information on increasing production on …

Taking over from the West Coast, it is difficult to find a cabin on Southeast Asian routes, and sea freight has skyrocketed!

Taking over from the West Coast, it is difficult to find a cabin on Southeast Asian routes, and sea freight has skyrocketed!



Since the beginning of this year, my country’s foreign trade imports and exports have maintained growth, but the continued high shipping prices have put considerable pressure…

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Causes and hazards of weak twist in spun yarns

Causes and hazards of weak twist in spun yarns



Weak twist of spun yarn means that the twist is lower than the normal value. After the spun yarn is broken, the strength of the yarn is insufficient and the splicing is difficult. …

The nylon industry chain is full of “green”, and nylon spinning is settling accounts after welcoming the autumn

The nylon industry chain is full of “green”, and nylon spinning is settling accounts after welcoming the autumn



Now the market is once again worried about the new super coronavirus variant, which will affect demand recovery, and prices across the entire industrial chain, including oil prices…

PTA may rebound in the future

PTA may rebound in the future



Recently, PTA futures prices have rebounded slightly while crude oil has stabilized and rebounded. The May futures contract has received strong support at the 4,300 yuan/ton line. …


 
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