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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. …
The dual pressures of high inventory and weak cash flow put great pressure on the polyester industry chain
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 6,350 yuan/ton on…
Trading logic jumps between stagflation and recession, where will commodities go?
As the strong U.S. dollar retreated from its highs and expectations of a slowdown in interest rate hikes by the Federal Reserve in December increased, the decline in commodity pric…
Imported cotton yarn is “hot”, and the price of internal and external yarns is upside down
According to feedback from cotton yarn trading companies in Jiangsu, Zhejiang, Guangdong and other places, ICE cotton futures have continued to fluctuate and bottomed out since lat…
After three consecutive daily limits, the outside market started to counterattack?
Since November 1, ICE cotton futures have rebounded strongly, with the main contract staying at the daily limit for three consecutive trading days (rising from a two-year low of 70…
The growth rate of production and sales has slowed down, and the textile industry has been under pressure in the third quarter.
Since 2022, affected by the complex and severe domestic and foreign macroeconomic situation and multiple unexpected factors, my country’s textile industry has been under pres…
Up! Biden’s call to increase production met with resistance, crude oil rose instead of falling, PTA soared by 3.11%, costs fluctuated violently, and the textile industry continued to be under pressure. Is the market good this year?
There is great resistance to increasing oil production, and oil prices will find it difficult to fall in the short term. Oil giants ExxonMobil and Chevron are in a dilemma as Biden…
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Jedi counterattack: PTA rose by more than 5% in a single day! The momentum of panic decline has been contained, and polyester factories are facing important shipping nodes!
Recently, it was reported that due to the good diesel efficiency of a factory in East China, the PX device with a production capacity of 9 million tons/year plans to reduce the loa…
The polyester production reduction crisis has resurfaced, and the load has dropped to 83.2%! Downstream: Lying or rolling, how to choose?
Entering November, for the textile and clothing industry chain, the peak season orders of “Golden Nine and Silver Ten” have generally ended. In fact, after experiencing…
Heavy! German Chancellor Scholz visits China today! ICE cotton suddenly hit the daily limit!
Following the Federal Reserve, the Bank of England sharply raised interest rates by 75 basis points, causing another storm in the market. The U.S. 2/10-year Treasury bond yield inv…