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PX’s sharp fall became the trigger, PTA fluctuated in a wide range, and the downstream market could not hide its weakness!
Recently, PTA, a popular raw material in the textile and chemical fiber market, has once again come to the forefront. Since the Dragon Boat Festival, the market price of PTA has ri…
Saudi Aramco is about to reduce crude oil supply to China, will domestic oil prices continue to rise?
According to Observer.com, on June 10, several informed sources revealed that Saudi Aramco will reduce crude oil supply to China in July. At present, the world’s largest oil …
Some cotton ginners want to “lay down”, while hedging cotton companies are “resting in leisurely activities”. What is the solution to the predicament?
At present, the domestic cotton market is experiencing a difficult survival situation that has been rare for many years. First, ginners and others own a large amount of high-cost o…
The wave of large-scale interest rate hikes has begun, where will the trend of commodities go?
Since the beginning of this year, global inflation has intensified, and many central banks around the world have joined the trend of raising interest rates. It is reported that cen…
The strike escalates! The paralysis and shutdown of South Korean ports will further disrupt the global supply chain!
An escalating nationwide strike by South Korean truckers is exacerbating disruptions to global supply chains, with the impact expanding from slowdowns and shutdowns at the country&…
Domestic refined oil prices continue to rise, and the tenth increase window of the year has opened!
As of June 10, Beijing time, the eighth working day of this round of refined oil price adjustment cycle, the reference crude oil change rate calculated by the commodity information…
Lost orders have gradually returned, and national textile and apparel exports increased year-on-year in May.
In U.S. dollar terms, in May, my country’s export growth rebounded by 13 percentage points year-on-year compared with April, far exceeding the market consensus of 8% year-on-…
How will crude oil perform after it emerges from the independent market?
As market expectations for the Federal Reserve’s aggressive interest rate hikes within the year have rapidly increased, the crude oil market has fluctuated at high levels in …
Special survey on actual cotton sowing area in China in 2022
In late May 2022, the National Cotton Market Monitoring System launched a nationwide special survey on the actual cotton sowing area. The samples involved 14 provinces (autonomous …
Fundamentals are weak and supply and demand cannot support a strong rebound in cotton prices
Recently, the latest data from the U.S. Department of Labor showed that the U.S. non-seasonally adjusted CPI rose by 8.6% year-on-year in May, setting a new record in more than 40 …