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The game of forced destocking and negative feedback, what’s the future of crude oil?
International oil prices have risen slightly in the past week. According to the latest position data statistics, the net long positions of WTI crude oil and Brent crude oil have in…
Long and short seesaw! ICE rebounds or encounters resistance
Since September, ICE cotton futures have started a “roller coaster” rhythm. The main December contract plunged from the annual high of 90 cents/pound to 85.16 cents/pou…
Dropped nearly 30% again! U.S. apparel imports have fallen sharply, putting pressure on many Asian countries!
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…
Bullish sentiment is rising and crude oil is entering a phase of high oil prices
Oil prices have closed higher on five trading days in the past week, showing investors’ bullish sentiment towards oil prices. After OPEC took the lead in announcing its Septe…
Gross profit is improving, will the viscose staple fiber market increase in both volume and price?
In the first half of 2023, affected by factors such as falling raw material prices, deepening integration of the downstream rayon yarn market, rising cotton prices, and greater fre…
The planting area has generally declined. Is it still difficult to calm down the worries about Xinjiang’s yield?
According to a sample survey of 71 textile companies in 14 provinces, municipalities and autonomous regions across the country by the National Cotton Market Monitoring System, as o…
Imported yarn quotations are weak and traders are willing to ship goods
According to feedback from some light textile traders in Jiangsu, Zhejiang, Guangdong and other places, since mid-September, in addition to inquiries and shipments of C20S-C40S kni…
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The quality of cotton yarn is insufficient in the peak season, and cotton yarn prices are not confident enough.
According to feedback from several cotton spinning companies in Jiangsu, Zhejiang, Anhui and other places, the spot spot of cotton yarn has been weak since this week, and it is dif…
Is the turning point approaching? Container freight rates are relatively stable and have ended their rapid decline!
At the North Bund International Shipping Forum·North Bund International Shipping Forum held recently, Lin Ji, deputy general manager and party member of COSCO Shipping Lines, said …
Brazilian cotton: Production is raised again, competitiveness needs to be improved
In its September report, the Brazilian Commodity Supply Company (CONAB) once again raised Brazil’s 2022/23 cotton production to 3.1501 million tons, an increase of 119,100 to…