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Will cotton prices break upward or fluctuate downward? Let’s see what both the bulls and the bears have to say…
In the first week of reserve cotton sales, a total of 50,000 tons of reserve cotton resources were listed, with a total transaction volume of 50,000 tons, and a transaction rate of…
Data analysis: Textile and apparel exports fell again in July
Introduction: my country’s textile and apparel exports fell again in July, and the cumulative decline expanded. Data source: General Administration of Customs According to th…
The RMB continues to depreciate! Is the exchange rate at a critical point in the long-short game?
On August 8, the offshore RMB exchange rate against the US dollar fell below the 7.21, 7.22, 7.23 and 7.24 levels during the session, falling nearly 400 points within the day. The …
Chemical prices are rising frequently! Wanhua once again stopped production for maintenance, and MDI increased by a total of 4,000 yuan/ton!
Wanhua Chemical once again stopped production for maintenance! MDI’s cumulative increase in the third quarter reached 4,000 yuan/ton On August 11, Wanhua Chemical issued an announc…
Shipping costs have skyrocketed by 60%. Is this a temporary phenomenon?
Faced with the overall sluggish export situation of Asian economies, the cost of transporting goods from Asia to the United States has quietly begun to rise rapidly. This has to be…
In the short term, cotton may be in a dilemma
Recently, the cotton futures 2401 contract has oscillated in the range of 17,000-17,500 yuan/ton. Although the U.S. Department of Agriculture’s (UDSA) August supply and deman…
The highs have fallen continuously, are institutions actively optimistic about oil prices?
After rising for 7 consecutive weeks, oil prices finally ushered in a correction week. In the past week, negative macroeconomic conditions suppressed the performance of risk assets…
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After “suspected peaking”, PTA made a counterattack!
Introduction After the “suspected peak” at the end of July, with the adjustment of international oil prices and the gradual change of months of the main contracts, PTA …
U.S. apparel imports decline, Asian exports suffer setback
According to foreign media reports, the turbulent U.S. economic outlook has led to reduced consumer confidence in economic stability in 2023. This may be the main reason why U.S. c…
The global economy is in troubled times, with exports from many countries declining. Who can win under pressure?
At a time when the global economy is in troubled times, the import and export data of many major trading countries have dropped. Analysts say the global trade “stress test…