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Can the current high price of crude oil be sustained?
In terms of oil prices, news of the deterioration of the situation in Russia and Ukraine came before the oil price closed last Saturday. There were concerns about sanctions on Russ…
The price of polyester yarn increased for the second time after the holiday, and downstream markets are busy with shipments! What is the quality of “Red February” in the textile market?
The cost end is at a high level. Polyester filament prices have been raised twice in a row, workers’ wages have been raised by 1,000 yuan, and the factory resumption rate has…
Monthly reports from three major institutions boosted oil prices, and geopolitical events became the core engine driving up oil prices.
Last week, the IEA released its monthly report for February. The report showed that the supply situation in the crude oil market was tight. In December 2021, OECD oil inventories f…
Bad news is coming! Cotton prices may be difficult to operate at high levels for a long time
In the middle of last week, USDA released its monthly supply and demand forecast report for February. The report lowered U.S. cotton exports in 2021/2022 by 55,000 tons to 3.211 mi…
There is insufficient power to continue the rise, resistance in the downstream is heating up, and filament FDY has lost money again!
International oil prices continued to rise during the holidays. With cost support, polyester filament yarn had a good start after the holiday. Enterprise quotations were gradually …
Despite constant negative news, the apparel giant’s Chinese market still grew by 35%!
The third quarter report data shows that in the third quarter of fiscal year 2022 as of January 2, 2022, Canada Goose achieved revenue of CAD 586 million, a year-on-year increase o…
PTA futures price is expected to maintain a strong oscillation situation
Crude oil prices rose sharply during the Spring Festival holiday, and PTA futures gapped higher after the holiday. At present, PTA’s cost-side support is still strong, while …
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“The off-season is not slow”, textile companies have taken measures to ensure gross profit margins
As the domestic and international consumer markets accelerate recovery, the domestic textile manufacturing industry is “not slow in the off-season.” Reporters from the …
Cotton yarn from India and Pakistan rises, demand from yarn mills may be under pressure in the future
In the past week, the prices of cotton and cotton yarn in Pakistan continued to rise, with 30-count carded yarn rising by 1.14%, and export prices rising driven by demand from Chin…
The intensity of interest rate hikes determines the future trend of cotton prices
On February 10, the U.S. Department of Labor released the latest data showing that the country’s consumer price index (CPI) increased by 7.5% year-on-year in January, the highest l…