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Crude oil is collapsing again, cost and supply and demand are both collapsing, and the polyester industry chain will continue to oscillate and fall!
This week, there has been a large-scale market turmoil in polyester raw materials. The reasons behind this are mainly due to the raging overseas Omicron virus strain and the impact…
The dye giant has stopped production on a large scale, and the price of dispersed black ECT 300% has begun to rise!
The Shaoxing epidemic has a relatively large impact on our dye industry. Due to the uncertainty of the epidemic, it is still unclear when the dye giants, which have stopped product…
Supply may collapse and future oil supply faces huge challenges
Recently, market analyst Julian Lee wrote an article saying that Saudi Arabia’s warning about the collapse of oil supply was correct. The world’s need for cheap oil isn’…
The shipping deadlock is like “whack-a-mole”, and shipping companies have moved route services from the West to the East!
The U.S. shipping deadlock is like a “whack-a-mole game” and it will take half a year to lift the port jam Gene Seroka, executive director of the Port of Los Angeles, C…
1.341 billion yuan! Viya’s “crisis”, how much cotton, yarn, and cloth do textile workers have to sell to make a profit?
Editor’s note Near the end of the year, melons came from the sky. With 11 days left before the end of 2021, the well-known anchor Wei Ya was exposed for tax evasion, and the …
There is suspense in the ICE cotton market in 2022
The negative news about Omicron that began last weekend has dealt a heavy blow to most markets. Market trading hours have also been shortened during the Christmas holiday this week…
The stalemate is difficult to change, and the cotton market may have entered a period of calm.
This year’s cotton acquisition has come to an end and has entered the final stage at the end of the year. Most of the cotton processing by ginning enterprises has been comple…
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Foreign cotton competitiveness weakens, port cotton stocks stabilize and rebound
According to feedback from cotton trading companies in Zhangjiagang, Qingdao, Guangzhou and other places, since mid-December, China’s main ports have not only cleared customs…
RRR and interest rate cuts support stable cotton prices
On December 20, the National Interbank Funding Center announced a new version of the LPR (loan market quoted rate) quotation: the one-year variety was quoted at 3.80%, 5 basis poin…
During the peak shipping period, ocean freight rates may increase significantly again!
As the New Year approaches, ocean freight rates may rise sharply again due to the impact of high overseas demand and the peak shipping period before and after the New Year! Shippin…