Latest Articles
Why are Chinese buyers canceling U.S. cotton contracts in large numbers?
The U.S. Department of Agriculture’s export report shows that from November 11 to 17, 2022, the net contracted volume of U.S. upland cotton in the 2022/23 year was -26,400 to…
The World Cup is in full swing, and cotton prices are unlikely to rise or fall sharply
From November 21st to 25th, ICE cotton futures trading hours were shortened and prices fluctuated and fell. The main March contract barely closed at 80 cents, down 3.60 cents a wee…
Demand is weak and global oil prices have fallen significantly. Can OPEC turn the tide?
In the month of November that just ended, my country’s crude oil demand declined due to the impact of the epidemic. SC crude oil experienced the largest monthly decline in tw…
Why do cotton yarn spot trends deviate from cotton yarn futures?
Since November, cotton yarn futures have bottomed out and rebounded. The main contract CY2301 has risen from 19,000 yuan/ton to 21,485 yuan/ton. It is currently consolidating in th…
The 2.5 million tons PTA device is about to be put into operation! Severe tearing between upstream and downstream, PTA companies suffered losses throughout the year!
In recent years, the PTA industry chain integration project has continued to improve, new equipment has been put into operation, some backward production capacity has been cleared,…
The volume of new cotton on the market has dropped by nearly 50%, and India’s cotton production may be overestimated!
According to statistics released by India’s AGM, as of December 4, 2022, India’s cumulative cotton market volume in 2022/23 is approximately 908,400 tons, a decrease of…
Foreign cotton: ON-CALL’s downward trend continues
According to CFTC statistics, as of November 29, 2022, the long rate of ICE Cotton Futures Fund has dropped to 6.92%, a drop of 1.34 percentage points from November 22; and as of N…
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Supply and demand reversal! Shipping containers are “waiting for cargo to arrive”, and a large number of empty containers are piled up at the port!
In the past two years, the shipping market has undergone a transformation from “a container is hard to find” and “a cabin is hard to find” to “empty c…
To deal with export problems, textile companies come up with unique strategies
Currently, inflation in the European and American markets is intensifying, market demand is declining, the COVID-19 epidemic is spreading, production costs are rising, and geopolit…
Southeast Asia is no longer a blessed land for textile pollution. Vietnam’s textile industry will be more environmentally friendly in 2030
The Vietnam Textile and Apparel Association (VITAS) has set goals to help the country’s textile and apparel industry become more environmentally friendly by 2030, by which ti…