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Oil prices plummet, opening up room for downside?
Affected by the Iran nuclear agreement incident, international crude oil prices plunged sharply yesterday. WTI crude oil prices fell below 5% at the lowest intraday level and close…
External factors support Zheng Cotton’s continuous rebound
That week (August 8-12), Zheng Cotton continued to rebound, with the highest point once breaking through the important pressure of 10,000 and 50,000 yuan, which surprised the marke…
It is difficult for the industry to support the trend increase, and we should be wary of the rebound in cotton prices.
The main price of Zheng Cotton rose by nearly 5% on Monday. The short-term bullish sentiment in the market is still strong, but the current situation of the industry does not suppo…
Moving forward with a heavy load, the chemical fiber industry will still be under great operating pressure in the second half of the year
In the first half of the year, unexpected factors such as the rebound of the domestic epidemic and international geopolitical conflicts had an impact on my country’s economic…
U.S. cotton: Bulls and bears may start a fierce battle at the key line
Under the influence of factors such as the USDA’s latest report, which significantly lowered the 2022/23 US cotton production and ending stocks, various Chicago grain varieties, an…
The short-term PTA market remains dominated by rigid demand and replenishment
Introduction: PTA’s own supply and demand has not been the dominant factor in price operation. However, as PTA’s operating rate remains low, reduced supply will support…
Under multiple risks, the cotton textile industry shows development resilience
Since the beginning of this year, a new round of epidemics has occurred, the situation between Russia and Ukraine has escalated, commodity prices have fluctuated violently, and inf…
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From “a drop of oil” to “a piece of cloth”, Tongkun’s entire industry chain development model has made new breakthroughs!
Tongkun Group, headquartered in Tongxiang, Zhejiang, mainly engages in the manufacturing of petrochemical PTA, polyester and polyester filament, and is the world’s number one…
Inventory: Textile routine testing items
01 Physical performance test Physical property testing of textiles includes density, yarn count, weight, yarn twist, yarn strength, fabric structure, fabric thickness, loop length,…
The tariff issue is becoming complicated, and the Biden administration may reconsider tariffs on China!
Three months ago, U.S. President Biden stated in a high-profile manner that he was considering lifting some of the tariffs imposed on Chinese products exported to the United States…