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An own error detonated the oil market, and there was a fierce game between the long and short sides of crude oil.
An own error detonated the oil market On the evening of July 17, a news report “Reuters reports: Saudi Arabia’s Ministry of Energy said it will extend voluntary product…
Will chemicals start a “peak season” in the second half of the year?
Since early July, the Wenhua Chemical Sector Index has been rising from 125 points, closing 7 positive lines in a row, breaking through 131 points, and returning to the level at th…
The wait-and-see atmosphere is strong, and cotton and textile enterprises are quite divided.
Since mid-July, Zheng cotton has risen again after a short period of correction. The main CF2309 contract hit a high of 17,300 yuan/ton in early trading on July 20. Most Xinjiang c…
Profit promotion, polyester industry chain destocking in off-season
May to July is the off-season period for the polyester industry. However, this year, since May, the polyester operating rate has continued to rise, reaching a level of 90% in June,…
Performance disclosures of several polyester leading companies reflect the current status of the industry
Recently, listed companies have entered a period of intensive disclosure of interim reports. Among them, the data disclosed in the semi-annual reports of leading polyester companie…
The atmosphere is improving, and positive factors promote the continued recovery of the oil market
Oil prices rose further on Friday after Russian Deputy Prime Minister Alexander Novak said Russia would not rule out imposing quotas on oil product exports to stabilize domestic ga…
The performance is strong, and short-term PTA is still dominated by long positions.
Since July, while other commodity futures have been relatively weak, various varieties of the polyester industry chain led by PTA have performed strongly, hitting a new high in the…
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Weather triggers speculation, cotton prices may fluctuate accordingly
On July 24, ICE cotton futures continued to rise slightly. Market trading was mainly driven by higher grain prices in Chicago and continued dry and hot weather in western Texas. Ba…
This off-season is a bit “busy”, and polyester factories are “packing lightly”. Can the peak season be expected?
June to July is the traditional off-season for the polyester market, but this year’s performance is completely different from the “off-season”. The operating rate…
Bullish surprise, oil prices soar! The pattern of “strong in the east and weak in the west” may continue…
Bullish surprise, international oil prices soar! Last night, international oil prices continued to rise, with U.S. oil rising by more than 3% and Brent oil rising by more than 2.8%…