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Is the global overheated shipping market coming to an end? After prosperity?
Recently, Mediterranean Shipping Company (MSC), the world’s largest container shipping company, placed another order for 20 LNG-powered dual-fuel container ships from China N…
Volume plummeted 36%! U.S. import demand has plummeted, and freight rates are 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 …
Risk aversion is rising, the tight supply and demand situation remains unresolved, and there are variables in the crude oil market outlook
After 10 o’clock in trading last Friday night, the commodity market ushered in a rapid oversold rebound. The commodity index rebounded by 2% within one hour. This was the mos…
Sharp decline, crude oil bull market pattern significantly loosened
Over the past week, oil prices have experienced their steepest decline since April, with oil prices falling by more than $20 per barrel from their previous highs. From a fundamenta…
Demand drops off a cliff, cotton yarn is available at low prices
On June 24, the intraday low of Zheng cotton fell to 17,000 yuan/ton, and the losses of ginning companies expanded rapidly. Not only did most cotton companies in Xinjiang not offer…
Demand expectations are pessimistic, and domestic and foreign cotton resonance declines
On June 24, Zheng Mian continued to decline sharply, falling below the important Wanqi mark. It fell by nearly 3,000 points in just one month. It is rare for such a large drop to o…
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The spot price of shipping fell below the long-term contract price, and more than 70% of companies want to renegotiate with shipping companies
Spot freight rates for container ships continue to fall, and have recently been lower than long-term contract rates. A large number of customers are beginning to consider renegotia…
The bear market is slowing down! Cotton’s mid- to long-term decline may be difficult to stop
Against the background of the Federal Reserve raising interest rates and the slump in commodities, cotton futures were also sold wildly. On the 24th, cotton once fell 8%, with the …
The performance of the e-commerce platform is poor, the demand for clothing is bleak due to the shortage of clothing, and the polyester filament is struggling!
The domestic textile industry experienced unprecedented difficulties in the first half of the year. The epidemic and high costs caused the outflow of textile and clothing orders. D…