EIA crude oil inventories hit largest weekly drop in history

EIA crude oil inventories hit largest weekly drop in history



On Wednesday, data released by the U.S. Energy Information Administration (EIA) showed that U.S. EIA crude oil inventories plummeted by 17.049 million barrels in the week ended Jul…

It’s up again!  These routes are rising again and again…

It’s up again! These routes are rising again and again…



Recently, shipping companies such as CMA CGM, Maersk, and Hapag-Lloyd have once again issued price adjustment notices on some routes. After Maersk and CMA CGM announced their first…

The semi-annual report is out!  The performance of clothing companies has generally recovered…

The semi-annual report is out! The performance of clothing companies has generally recovered…



Recently, A-share listed apparel companies have released first-half performance data one after another. Some are happy and some are sad. Wind data shows that as of August 1, 22 com…

Taking stock of the export data of major textile and clothing countries, what changes have occurred in the flow of textile orders?

Taking stock of the export data of major textile and clothing countries, what changes have occurred in the flow of textile orders?



According to the latest data released by the General Administration of Customs on July 13, in U.S. dollars, my country’s total textile and apparel exports in the first half o…

The default storm of more than 500 billion US dollars is sweeping across. How should textile companies respond?

The default storm of more than 500 billion US dollars is sweeping across. How should textile companies respond?



Recently, Copenhagen-based Maersk issued a statement stating that global container trade may shrink by as much as 4% this year as there is no substantial sign of recovery within th…

US cotton contract imports are expected to accelerate in the second half of the year

US cotton contract imports are expected to accelerate in the second half of the year



According to the USDA U.S. Cotton Export Weekly Report, in the week of July 21-27, 2023, the contracted volume of U.S. upland cotton exports in 2022/23 was -2,247 tons, a 47% decre…

Selling sentiment is high, and supply and demand pressure on long-staple cotton is difficult to ease.

Selling sentiment is high, and supply and demand pressure on long-staple cotton is difficult to ease.



According to feedback from several cotton spinning companies in Shandong, Jiangsu, Henan and other places, the quotations of Xinjiang long-staple cotton from warehouses inside and …

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The cost end is dragged down, and polyester filament is expected to remain in a stalemate.

The cost end is dragged down, and polyester filament is expected to remain in a stalemate.



Introduction: Recently, downstream orders have improved month-on-month, and market capital circulation has increased. However, when the PTA of polyester filament has increased slig…

Sudden!  The yuan fell nearly 500 points!

Sudden! The yuan fell nearly 500 points!



On August 8, the offshore RMB exchange rate against the US dollar fell below the 7.21, 7.22, 7.23, 7.24 and 7.25 levels during the session. Wind data shows that as of 22:18, the of…

Supply shrinks, may oil prices rise?

Supply shrinks, may oil prices rise?



Since the end of June, international crude oil prices have continued to rebound and hit new highs during the year. The highest price of active NYMEX WTI crude oil futures contracts…


 
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