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“De-dollarization” may become a trend, and many countries have made major moves in foreign trade settlement
1 China-Australia iron ore trade is settled in RMB for the first time A few days ago, a cargo ship Victoria loaded with iron ore will arrive in the waters of Rizhao Port in Shandon…
Why did my country’s cotton imports rebound strongly in June?
According to customs statistics, my country imported approximately 160,000 tons of cotton in June 2022, a year-on-year increase of approximately 4.4%, continuing the year-on-year g…
Emotions and events influence the market. Downstream containment of polyester is the key to the market.
The market has changed so quickly recently that it’s staggering! You thought it was going to fall again, but you never thought it would reverse so suddenly! Since the 18th, commodi…
Zheng cotton market is on a roller coaster, wait-and-see mood will remain
Last Friday, Zheng cotton once hit the lower limit, and the main CF2209 contract that day fell to 13,560 yuan/ton. On Monday, Zheng cotton rebounded from an oversold, and the main …
Short sellers concentrated on reducing their positions, and the strength of the polyester chain failed to continue.
On the 19th, the market’s risk aversion temporarily cooled down. After short sellers concentrated on reducing their positions, oversold sectors and varieties rose sharply. Th…
Precautions for degreasing polyester yarn or fabric
The pre-treatment of polyester yarn or fabric is generally based on oil removal, because spinning oil is added to polyester during spinning. So, what oils are generally used in pol…
Congestion at container ports in many countries is severe, and the prospects for supply chain normalization have come to naught!
Global container port congestion index hits record high Congestion at container ports around the world is reaching new all-time highs, erasing the prospect of a return to normalize…
“Recession trading logic” on the way out? Commodities will still face pressure in the medium to long term
In the night trading of July 18, the domestic commodity market continued the desperate counterattack during the day and once again showed a general rise pattern. The crude oil depa…
What is the situation of cotton production in the new season? How can ginners and traders tide over the difficulties?
According to the China Cotton Information Network, on July 20, 6,000 tons of central reserve cotton entered the market, and 3,040 tons were actually sold, with a transaction rate o…
Will the strengthening of cooperation between Russia and Iran in the oil field bring about new changes in the international oil market?
Will Russia and Iran strengthen cooperation in the oil field and consider abandoning the US dollar? Will there be new changes in the international oil market? In this regard, CITIC…