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The purchase price of seed cotton increased slightly, and the market had a strong wait-and-see sentiment.
This week, the seed cotton purchasing market in Xinjiang and the Mainland has been operating strongly. The price of seed cotton has increased to a certain extent compared with last…
Demand concerns intensify, polyester chain continues to fall
The polyester chain continued to fall after the holiday, and ethylene glycol experienced a large cumulative decline. Today, PTA and short fiber continued to turn green, with PTA fa…
Freight prices have fallen for 17 consecutive weeks, and freight rates may fall to pre-epidemic levels by the end of the year
A large amount of new shipping capacity has been delivered, but market demand is constantly decreasing. The peak season during the National Day Golden Week is not busy, and freight…
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 U.S. may release crude oil reserves, which will be negative for oil prices, and the downside risk for oil prices will increase.
On October 18, news that the United States may once again release 10-15 million barrels of strategic reserves on a large scale caused international oil prices to fall to the lowest…
Private polyester leader takes the lead, a new round of PTA rapid expansion cycle is coming
Another 2.5 million-ton PTA device is about to be officially put into production! Private polyester leaders are leading the second round of PTA rapid expansion cycle. Weilian Chemi…
The supply-side “story” continues, and PTA’s near-end conflicts remain strong
Demand is weaker but supply reductions are more significant In the generally weak state of chemical products this year, PTA with high basis difference and high profit can be regard…
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Gray fabrics are selling well, but prices continue to fall
On October 20, a weaving company that produces pongee said that 260T matt pongee is currently very popular. Not only does its own company have a small inventory, but surrounding co…
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…
Long and short stalemate, international oil prices are brewing in chaos
Many investors lament that the current market situation is too difficult to judge, and the fluctuations in oil prices have entered a typical long-short stalemate stage. After five …