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The trend of Zheng cotton’s recent and far-month contracts shows a split
The trend of Zheng Cotton’s near-month and far-month contracts has bifurcated, which is expected. The Zheng Cotton 2201 contract is approaching delivery, and there is a high …
Four aspects cause cotton spinning companies to be very cautious in receiving warehouse orders.
According to statistics, as of December 13, Zheng Cotton had 7,911 warehouse receipts and 1,922 valid forecasts. Although the total number of warehouse receipts decreased by 1,619 …
Southeast Asia’s shipping space is tight, freight rates are rising, and workers’ strikes may make matters worse!
It is reported that the increase in freight rates in Southeast Asia started quietly at the end of October and exploded at the end of November. By the beginning of December, the fre…
Positive sentiment rebounds, cotton prices are more likely to continue to consolidate
On December 13, some traders re-examined last week’s USDA report and believed that last week’s increase in export sales and the decline in global inventories were posit…
Increased attention to US cotton cargoes in 2021/22
Since December, the main contract of ICE cotton futures has rebounded from the low of 102.50 cents/pound in the past month and a half and successfully opened the 105 cents/pound ma…
The transaction volume of cotton yarn is relatively cold, and the quotations are concentrated and dived.
According to feedback from cotton spinning mills and traders in Jiangsu, Zhejiang, Henan, Shandong and other places, the transaction price of combed yarn with a count of 60S and ab…
China may become the main buyer of US cotton next year
On December 14, the cotton market was weak and consolidated, falling for most of the time. The market expressed great concern about the upcoming Federal Reserve interest rate meeti…
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National Bureau of Statistics interprets cotton production in 2021
National cotton production data released by the National Bureau of Statistics show that the national cotton production in 2021 is 5.731 million tons, a decrease of 180,000 tons or …
Due to multiple bad news, the Spring Festival holiday may start early
【Introduction】 Since December 12, due to the escalation of the epidemic, some areas in Ningbo, Xiaoshan, and Shaoxing in Zhejiang have been upgraded to medium- and high-risk areas.…
OPEC and IEA are “tit for tat”, and the future supply and demand relationship in the oil market will become increasingly unpredictable
As new variants of the virus sweep the world, the future supply and demand relationship in the oil market has become increasingly unpredictable. The divergence over the outlook was…