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“Difficult” extension of production cut agreement, oil prices opened up more than 4%!
The results of the much-watched OPEC+ meeting have been released. “Difficult” to reach an agreement to extend production cuts, oil prices still face greater pressure as…
RCEP is fully effective! What impact will it have on the textile and apparel industry?
On June 2, the Regional Comprehensive Economic Partnership (RCEP) came into full effect for 15 member countries, marking that the world’s largest free trade area will enter a…
Yarn prices have increased significantly, and the cotton spot market has “prices but no market”
According to feedback from some cotton spinning companies in Jiangsu, Zhejiang, Shandong and other places, the Zheng cotton CF2309 contract has continued to rise sharply in recent …
Inquiries increase and spot transactions of imported cotton accelerate
According to feedback from cotton trading companies in Qingdao, Zhangjiagang, Guangzhou and other places, the main CF2309 contract of Zheng Cotton exceeded 17,000 yuan/ton yesterda…
External demand has not recovered effectively, and the growth rate of textile and clothing exports declined again in May.
According to the latest data released by the General Administration of Customs on June 7, while external demand has not yet effectively recovered, combined with the impact of the s…
As the camping fever cools down, which outdoor sports will become the new trend?
The warmer temperatures in the past two months have stimulated people’s desire for outdoor sports. After returning to travel freely, more choices have had a certain impact on…
Inventory digestion is worrying. Will viscose staple fiber enter a dormant period or a repair period?
From January to May 2023, the market price of viscose staple fiber has been relatively stable. Taking 1.5D*38mm as an example, its operating range is 12,900~13,100 yuan/ton. In 5 m…
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The price difference exceeds the 10,000 yuan mark. Will cotton spinning companies significantly “reduce cotton and increase polyester”?
Judging from the survey, since June, Zheng cotton has rebounded sharply. The spot quotation and fixed price of lint cotton in and outside Xinjiang have increased by 1,000-1,200 yua…
Quotations are confusing, and it is difficult to increase the volume of imported cotton spot transactions
Since June, ICE cotton futures have continued to consolidate in a narrow range of 80-83 cents/pound, even though the net contract volume of U.S. upland cotton for the 2022/23 seaso…
Production reduction is the foundation, and speculation is the driving force. Is the bull market for cotton coming?
On June 5, it was 16,914 yuan/ton; on June 6, it was 17,179 yuan/ton; on June 7, it was 17,306 yuan/ton; on June 8, it was 17,385 yuan/ton… Recently, cotton prices have shown…