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Drought once again triggered market concerns, Zheng cotton rose following US cotton
Since the beginning of this month, dry weather in Texas has once again caused market concerns, and ICE US cotton has fluctuated higher. In August, USDA raised the abandonment rate …
Wanhua Chemical: 400,000 tons/year MDI project is expected to be put into production by the end of the year
On August 15, Wanhua Chemical Group Co., Ltd. stated at the 2022 semi-annual performance briefing that Fujian’s annual output of 400,000 tons of isocyanate (MDI) equipment is…
Polyester chains collectively turned green, with ethylene glycol leading the decline by more than 2%
On the 17th, the polyester chain was still collectively green, and ethylene glycol continued to lead the decline by more than 2%. The closing price was 3920 yuan. PTA, short fiber …
New cotton is about to be launched, and it may be difficult to sell cotton in the new year
At present, the 2022 cotton purchase and storage has been launched for nearly a month. As of August 9, the cumulative transaction volume of central reserve cotton purchases and sto…
Fundamental expectations are not good, and PTA prices are mainly bearish in the long term.
PTA prices have been oscillating recently. On the one hand, crude oil prices have been relatively strong in the short term, giving PTA some support; on the other hand, PTA’s …
Demand has become the focus of attention, and international oil prices hit a new low since January
After a brief rebound, international oil prices once again entered a continuous decline mode, with WTI crude oil prices returning to the level in late January and Brent crude oil p…
With the divergence of domestic and foreign cotton trends, will the rebound momentum end?
At the beginning of the night trading on the 17th, Zheng Cotton suddenly made a downward move, and the main contract price fell to 14,900 yuan/ton. The market originally hoped that…
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The cotton rebound has come to an abrupt end. What points should we pay attention to in future domestic cotton price fluctuations?
“At this rate of decline, it is estimated that when the new season cotton comes on the market, the opening price of spot seed cotton in the main producing areas will be aroun…
The market is rarely busy, and the bear market in the polyester market may not have bottomed out yet.
It is now the ordering and proofing season in August, and the textile and chemical fiber market is experiencing considerable fluctuations before the peak season. Recently, the text…
The cotton market is full of contradictions, and domestic supply exceeds demand. Why do we still need to import a large amount of cotton?
Since 2022, my country’s cotton market has been in a downturn, cotton consumption has continued to be sluggish, and prices have continued to fall. In the last round of commod…