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Japan joins the global sell-off of crude oil reserves, and the first batch will contribute nearly 620,000 barrels
In the last week of 2021, the Japanese government finally took action and joined the global sell-off of crude oil reserves. According to media reports, Japan’s Ministry of Economy,…
International oil prices soared, cost drag coupled with weak demand, and the energy and chemical sector generally turned green
On the first trading day after Christmas in Europe and the United States, the international financial market was “rising”, and the performance of crude oil was particul…
With the substantial expansion of production capacity and the support of profits, the domestic textile industry track is once again crowded!
An epidemic has affected many industries. The textile business has not been easy to do in the past two years. Starting from 2019, overcapacity broke out collectively, trade frictio…
Crude oil rebounded strongly, oil prices hit a one-month high!
Recently, international oil prices have continued to rebound due to continued tensions between the United States and Russia and supply disruptions in Libya. Oil prices continued th…
The textile market is at a critical juncture. Printing and dyeing factories are improving. Will the weaving end also reverse?
According to the production characteristics of the textile industry, generally speaking, weaving companies are the first to go on holiday. Dyeing factories and other thermal power …
As the new year is approaching, the nylon market may end dull.
On December 28, the nylon filament market mainly consolidated weakly, with stable quotations from manufacturers, weak consolidation in the upstream raw material market, average cos…
Before the Spring Festival, sailings are suspended and port hopping, space is tight, and capacity interruptions are common. Shipping companies: 40-foot containers will be in short supply!
Drewry said that with the recent rapid spread of Omicron, the risk of supply chain disruptions and market fluctuations will remain high in 2022, and the scenario that occurred in t…
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Four reasons lead to slow progress in Xinjiang cotton sales in 2021/22
Recently, some cotton supervision warehouses in Xinjiang have reported that inventory pressure has increased significantly compared with November. Coupled with the cooling and prec…
Analyzing the distribution map of clothing industry parks
With the development of the e-commerce economy, third-party e-commerce platforms represented by Taobao and JD.com have become important channels for clothing sales. Large clothing …
ICE drives Zheng Cotton to rebound sharply, leaving the market outlook a mystery
On December 28, driven by US cotton ICE, Zheng cotton rebounded sharply. The CF2205 contract stood at the important mark of 20,000. This important mark changed from the previous pr…