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Demand is sinking, the cotton market is looking for a bottom
Last week (September 19-23), as the Federal Reserve raised interest rates, the cotton market continued to decline in search of a bottom, and the main December contract of ICE cotto…
After deep adjustment, domestic and foreign cotton markets fell in resonance
That week (September 19-23), under the influence of the Federal Reserve’s sharp interest rate hike, the commodity market began a wave of deep adjustments. The domestic and fo…
Inventory: five major advantages of compact spinning
Compact spinning is a new spinning technology that is spun on an improved new ring spinning machine. The main spinning mechanism is: a condensation area is added in front of the tr…
Crude oil plummets, polyester chain decline continues
Concerns about economic recession intensified. Stocks and bonds in European and American markets both crashed last Friday. The U.S. dollar soared to a new high, crude oil plummeted…
Be alert! There is a wave of strikes in the country, and the shipping company issues a notice to adjust the shipping schedule
Strike wave in UK Railways, telecommunications, docks, postal services, lawyers… Unions in many industries in the UK recently announced workers’ strikes. Liverpool, the…
Crude oil bulls are “retreating steadily”, and what are the odds of winning for bargain-hunting funds?
Faced with the U.S. dollar hitting new highs and the increasing risk of a global economic recession, crude oil bulls are “retreating.” As of 17:30 on September 27, the …
Going against the trend and increasing investment in R&D and production capacity, the annual PTA production capacity target of 10 million tons will be achieved in 2025…
On September 22, 2022, Xinfengming announced that it plans to invest in a new 150,000-ton surfactant and 100,000-ton spinning oil project in Dushan Port Economic Development Zone, …
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ICE drops below 90 cents, port inventories may decline further
According to feedback from some cotton traders in Qingdao, Zhangjiagang and other places, due to the impact of ICE cotton futures falling below 90 cents and the corresponding corre…
“Cold weather” is approaching, entering a gap period two or three months in advance? What happened to the market?
Textile and apparel export growth hit the brakes in August, decreasing by 14.7 percentage points. The overseas consumer market is weak and orders are being diverted from Southeast …
The cotton gin factory tentatively opened the scale, and the pressure on Zheng Cotton increased
It is understood that some ginning factories in Changji, Shihezi, Kuitun and other places have recently opened scales on a trial basis. The purchase price of machine-picked cotton …