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Strikes have broken out in many countries, empty containers are backlogged, and the supply chain is in crisis!
Faced with soaring prices, oil prices, and high inflation, employees of the British railway system decided to go on strike on June 21, 23, and 25 to strive for improved working con…
The total investment exceeds 73 billion! Social stability risk disclosure of Gulei Refining and Chemical Integration Phase II Project
On June 20, the public participation information on social stability risks of the second phase of the Fujian Gulei Refining and Chemical Integration Project was announced. Project …
The collapse of crude oil has brought panic, and the polyester market is feeling cold. A group to reduce production and stop production may be imminent!
After experiencing a cumulative drop of 13% last week, crude oil fell again! As of 16:00 on June 22, WTI crude oil fell nearly 7% during the day, with the lowest falling below the …
Attention! The country is facing a foreign exchange crisis and may suspend import and export shipping services
It is reported that recently, shipping agents in Sri Lanka warned that due to the ongoing serious foreign exchange crisis in the island country, shipping companies are unable to re…
Cotton prices at home and abroad have fallen together. Where will cotton go in the future?
In October 2021, due to the overcapacity of ginners, there was a rush to harvest new cotton. Driven by the market enthusiasm, cotton prices rose crazily from 17,000 yuan/ton to 22,…
Shocked! Another big factory is flying to the southeast. Why do giants choose to open factories in Vietnam?
Jiangsu Cathay International Group Co., Ltd. (hereinafter referred to as “Jiangsu Cathay”) stated in a public investor question on June 22 that the company’s Viet…
How much impact will the plunge have on the cotton spinning industry chain?
On June 23, Zheng cotton continued to plummet, falling to around 18,300 yuan/ton in less than a week, and the important early support was quickly broken. The speed and depth of Zhe…
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Four reasons led to a sharp year-on-year rebound in exports of cotton yarn and cotton cloth in May
According to customs statistics, my country imported approximately 130,000 tons of cotton yarn in May 2022, an increase of approximately 10,000 tons from the previous month, but st…
U.S. import demand has dropped sharply, and the new U.S. line freight rate is expected to drop by 40% next year!
The latest sea container bookings data shows that despite strong levels of U.S. inbound cargo in the first five months of 2022, import demand is not only weakening but falling off …
PTA supply may continue to be destocked in the short term
Introduction: The domestic PTA market has experienced a sharp decline recently. The decline in the center of gravity of the crude oil market has been negative for the market. The f…