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There is not much room for upside, and cotton prices continue to stabilize
In the first week of the new year (August 1-5), after five consecutive increases in the previous week, ICE cotton futures prices were indecisive between supply concerns and declini…
Port cotton shows a pattern of “both exports and imports are not prosperous, but exports are greater than imports”
According to feedback from cotton traders in Zhangjiagang, Qingdao, Ningbo and other places, cotton inventories in China’s major ports have shown an overall downward trend si…
High inventory and weak demand suppress the MEG market, which may continue to fluctuate at low levels
Due to the recent drag on demand, the ethylene glycol market has been difficult to get rid of the low level. Although the start-up load of domestic devices is low and there are man…
Premiums fall, PTA prices follow cost declines
Since mid-June, the negative macroeconomic situation has fermented, and crude oil prices have fallen sharply. In addition, stock speculation in mixed aromatic oils has come to an e…
International oil prices continue to fall, and domestic refined oil prices will face “four consecutive declines”
International oil prices have continued to fall from highs, and domestic refined oil prices have also continued to fall. International oil prices fall below 90 US dollars mark Soar…
This major port is going to hold an eight-day general strike, which will affect 40% of container imports
In the latest news, more than 1,900 workers at Felixstow, the UK’s largest container port, plan to hold an eight-day strike later this month due to dissatisfaction with wages…
Upstream picks up, PTA, short fiber lead polyester chain to rise at high levels
On the 8th, the overall risk appetite of the market rebounded. After raw material prices stabilized, chemical products with stronger supply and demand phases took the lead in rebou…
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The risk of economic recession has increased. India’s textile export orders have dropped by 20%, and Vietnam has also failed?
Recently, news that domestic manufacturing factories are short of orders has flooded the screens of major platforms. Some time ago, factories in Southeast Asia, which had been unab…
After the OPEC+ meeting, several aspects that the crude oil market should focus on
International crude oil prices have fallen significantly recently. On August 1, Brent crude oil futures fell by -9.07% in a single day, the largest decline since July 6. After the …
Cost support is strong, and the decline in the polyester staple fiber market has narrowed
From January to July 2022, the polyester staple fiber spot market fluctuated frequently. The market experienced 5 complete rounds of rise and fall, but the overall situation contin…