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Risk aversion is rising, the tight supply and demand situation remains unresolved, and there are variables in the crude oil market outlook
After 10 o’clock in trading last Friday night, the commodity market ushered in a rapid oversold rebound. The commodity index rebounded by 2% within one hour. This was the mos…
Sharp decline, crude oil bull market pattern significantly loosened
Over the past week, oil prices have experienced their steepest decline since April, with oil prices falling by more than $20 per barrel from their previous highs. From a fundamenta…
Demand drops off a cliff, cotton yarn is available at low prices
On June 24, the intraday low of Zheng cotton fell to 17,000 yuan/ton, and the losses of ginning companies expanded rapidly. Not only did most cotton companies in Xinjiang not offer…
Demand expectations are pessimistic, and domestic and foreign cotton resonance declines
On June 24, Zheng Mian continued to decline sharply, falling below the important Wanqi mark. It fell by nearly 3,000 points in just one month. It is rare for such a large drop to o…
The spot price of shipping fell below the long-term contract price, and more than 70% of companies want to renegotiate with shipping companies
Spot freight rates for container ships continue to fall, and have recently been lower than long-term contract rates. A large number of customers are beginning to consider renegotia…
The bear market is slowing down! Cotton’s mid- to long-term decline may be difficult to stop
Against the background of the Federal Reserve raising interest rates and the slump in commodities, cotton futures were also sold wildly. On the 24th, cotton once fell 8%, with the …
The performance of the e-commerce platform is poor, the demand for clothing is bleak due to the shortage of clothing, and the polyester filament is struggling!
The domestic textile industry experienced unprecedented difficulties in the first half of the year. The epidemic and high costs caused the outflow of textile and clothing orders. D…
Nike suspends e-commerce services in the country, competitors may benefit
According to Reuters, on the 23rd local time, the American sports brand Nike said in an email statement that it would fully withdraw from Russia after suspending its Russian operat…
After the sharp rise and fall, where will PTA go?
Introduction The decline of PTA since mid-June can be explained more as the “collapse of total volume”, that is, the compression of the overall profits of the industry …
Zheng cotton has oversold, and the bear market may continue to find the bottom
Summary As a staunch bearer of the cotton market in the past six months, the author did not expect Zheng Cotton’s decline to be so violent. In the hot article “Policy E…