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Speculative bulls have given up and left the market, and oil prices are approaching the “freezing point”. Will they be able to “step back from the brink” in the future?
The crude oil market fell sharply again last Friday, easily falling below the OPEC expected management price of $90/barrel. Oil prices did not stop there, but went straight to the …
The tightening storm is heating up again, and high oil prices may become the norm
International oil prices have fluctuated sharply as the balance swings between supply shocks and weakening demand. Although the Federal Reserve is likely to lower interest rates to…
Four reasons caused my country’s cotton imports to continue to surge in October
According to statistics from the General Administration of Customs, my country imported a total of 129,500 tons of cotton in October 2022, a year-on-year increase of 46% and a mont…
Saudi Arabia said: production cuts will continue until the end of 2023! Oil prices are “one step away” from new lows this year
Affected by Saudi Arabia’s denial of the news of “OPEC+” production increase, international oil prices rebounded from the plunge! Saudi Arabia says the “OPE…
The supply and demand structure is weak, and PTA may maintain a weak and volatile pattern.
Introduction: The domestic PTA market fluctuated widely last week, and the overall trading atmosphere was poor. As the weekend approached last Friday, PTA prices rose all the way i…
Pakistan’s textile exports may decline sharply
According to foreign reports, Pakistan’s textile exports will see a sharp decline, or at least so according to the latest monthly trade report of the Pakistan Bureau of Stati…
After closing 3,000 stores in 6 years, the former clothing giant is now in deep trouble.
With the booming development of e-commerce platforms, the real economy has suffered a huge impact, and the development of the industry is sluggish. Many popular first-line brands h…
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Inventory: Cotton sales characteristics in Xinjiang in 2022/23
In late November, seed cotton harvesting in northern Xinjiang has basically ended. In most cotton areas in southern Xinjiang, harvesting is expected to be completed by the end of N…
The yarn market is struggling, where will the market outlook go?
Analysts from foreign industry organizations believe that the current global yarn market is generally struggling. Although prices in some areas showed signs of stabilization last w…
Start by adjusting negative pressure to improve the quality of compact spinning yarn
The factors that affect yarn quality are complex and diverse. Therefore, all aspects must be considered when optimizing yarn quality to obtain the best yarn quality. The size of th…