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Several influencing factors of future domestic cotton price fluctuations
The new cotton season in the northern hemisphere is about to hit the market. The August USDA report shows that the U.S. cotton production in 2022/23 is estimated to be 638,000 tons…
All major cotton supplier countries have experienced production cuts, and cotton prices may continue to surge in the second half of the year
According to the Associated Press, almost all major cotton supplier countries in the world have cut production this year due to extreme weather, which has pushed up cotton prices b…
Cotton: Futures are singing a triumphant song, while spot prices are stagnant.
In the week of mid-August (August 15-19), ICE cotton futures continued to break upward, driven by the extremely positive USDA supply and demand forecast. The main December contract…
The pressure on the cotton market cannot be underestimated, and cotton prices fluctuate widely
That week (August 15-19), the U.S. Department of Agriculture released its August production demand forecast report, which significantly reduced U.S. cotton production. ICE cotton f…
The ethylene glycol market may be narrowly repaired and sorted out
The decline in the domestic ethylene glycol market expanded last week, and the focus of trading fell. The high during the week was 4,100 yuan/ton, the low was 3,860 yuan/ton, and t…
Short-term port cotton inventory may continue to decline
From mid-July to early August 2022, the market’s concerns about the macro economy temporarily weakened, domestic and foreign futures prices rebounded steadily, domestic impor…
The second quarter reports have been released one after another. Let’s take a look at BASF, Dow, Hengli, Wanhua, Rongsheng…
Recently, large chemical companies such as BASF, Dow, and Wanhua have successively released performance reports for the first half and second quarter of this year. The report shows…
Multiple factors may push up viscose staple fiber prices
Since August, due to persistent high temperatures around 40°C in Shandong, Jiangsu, Zhejiang, Fujian, Sichuan and other provinces, local viscose staple fiber factories have been wo…
Economic performance trends of my country’s textile industry in the first half of 2022
Since 2022, unexpected factors such as international geopolitical conflicts and frequent domestic epidemics have been intertwined, and the development environment faced by my count…
Ethylene glycol follows the rebound, leading the polyester chain
Last week, polyester followed the oscillation of international oil prices at the cost end and weakened. Commodities generally showed a recovery trend on Friday night. Ethylene glyc…