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Shipping costs have skyrocketed by 60%. Is this a temporary phenomenon?
Faced with the overall sluggish export situation of Asian economies, the cost of transporting goods from Asia to the United States has quietly begun to rise rapidly. This has to be…
In the short term, cotton may be in a dilemma
Recently, the cotton futures 2401 contract has oscillated in the range of 17,000-17,500 yuan/ton. Although the U.S. Department of Agriculture’s (UDSA) August supply and deman…
The highs have fallen continuously, are institutions actively optimistic about oil prices?
After rising for 7 consecutive weeks, oil prices finally ushered in a correction week. In the past week, negative macroeconomic conditions suppressed the performance of risk assets…
After “suspected peaking”, PTA made a counterattack!
Introduction After the “suspected peak” at the end of July, with the adjustment of international oil prices and the gradual change of months of the main contracts, PTA …
U.S. apparel imports decline, Asian exports suffer setback
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…
The global economy is in troubled times, with exports from many countries declining. Who can win under pressure?
At a time when the global economy is in troubled times, the import and export data of many major trading countries have dropped. Analysts say the global trade “stress test…
Both costs and macro are strong, how far can PTA go?
Recently, the macro level and upstream costs have gradually become the main trading logic of PTA, and the impact of its own supply and demand situation on the market price is gradu…
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Global trade has changed dramatically, and four trends have emerged in textile trade
Global trade has undergone the most drastic changes since the COVID-19 epidemic, and the World Trade Organization (WTO) is working hard to ensure that trade flows resume as soon as…
Insufficient terminal recovery expectations may drag down the rise of polyester filament
Introduction: Recently, the cost side of polyester has been supported by high levels, and the demand side has gradually recovered. Weaving and polyester filament companies have sho…
The polyester market fluctuated strongly in August and may continue its upward trend in September.
In August 2023, the polyester market was operating steadily, market prices and profitability levels both rebounded, and the industry as a whole was still in a destocking cycle. Ent…