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The increase is “spitted out”! Oil prices have returned to rationality, and the market outlook may be under pressure…
During the National Day, the international crude oil market quietly “changed”. In early September, oil prices continued to rise due to the unexpected extension of produ…
The contradiction between supply and demand is difficult to alleviate, and MEG may operate weakly
Introduction: In the third quarter, the domestic ethylene glycol market first fell and then rose, but the positive market support was limited throughout the quarter. During the qua…
Imported cotton: External price falls, inquiry and contract signing pick up in stages
It is understood that during the National Day holiday, the main December contract of ICE cotton futures fluctuated from 89.89 cents/pound to 86.45 cents/pound, while the domestic c…
A year-on-year decrease of 12.6%! The peak season for U.S. imports is not booming. Is there any chance of exporting to the U.S. this year?
In the past three quarters of this year, the US line has shown a sluggish peak season and declining freight rates. According to the latest relevant statistics, U.S. container impor…
ICAC: Supply and demand are loose, cotton prices may be at relatively low levels
The October global production demand forecast released by the International Cotton Advisory Committee (ICAC) believes that cotton demand will continue to decline in 2023/24, but gl…
2024 cotton import tariff quota application and allocation details released
The National Development and Reform Commission recently released the 2024 cotton import tariff quota application and allocation details (attached), which mentioned that the total c…
Imported yarn: Quotes are falling, inventory pressure is difficult to alleviate
According to feedback from traders in the light textile market in Jiangsu, Zhejiang, Guangdong and other places, since early October, the shipments of imported combed yarn, importe…
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Global trade growth will be “halved” in 2023! The latest WTO forecasts…
The World Trade Organization (WTO) stated that global trade growth will be “halved” in 2023. Global merchandise trade volume is expected to grow by 0.8% this year, less…
Cost support is acceptable, but the polyester chain has insufficient momentum to continue its decline.
PTA Crude oil has rebounded, supply and demand have improved, and PTA is expected to fluctuate within a narrow range. In terms of spot goods, the supply side decreased, and spot qu…
Demand resilience is still there, and poor PTA processing is expected to be repaired
Short-term market transactions will focus on the negative logic brought about by changes in the energy market. The medium-term trend of crude oil prices is still an important direc…