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A strong signal is released! The accumulated inventory of this raw material is 1.247 million tons, a new high in 20 months! Supply and demand are “double-killing”, and the wind direction has changed suddenly. Is there any hope of salvation next?
Recently, the domestic ethylene glycol market price has fallen sharply. The average price in the East China market is 4,777 yuan/ton, 6.83% lower than last week’s average pri…
What about the weaver’s rainbow after the rainstorm? Crude oil and polyester yarn fell continuously!
According to SunSirs price monitoring,2022 year6month23In the daily commodity price increase and decrease list, there are a total of 2 commodities in the textile sector that have i…
Is the global overheated shipping market coming to an end? After prosperity?
Recently, Mediterranean Shipping Company (MSC), the world’s largest container shipping company, placed another order for 20 LNG-powered dual-fuel container ships from China N…
Volume plummeted 36%! U.S. import demand has plummeted, and freight rates are expected to drop by 40% next year!
The latest sea container bookings data shows that despite strong levels of U.S. inbound cargo in the first five months of 2022, import demand is not only weakening but falling off …
Risk aversion is rising, the tight supply and demand situation remains unresolved, and there are variables in the crude oil market outlook
After 10 o’clock in trading last Friday night, the commodity market ushered in a rapid oversold rebound. The commodity index rebounded by 2% within one hour. This was the mos…
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Sharp decline, crude oil bull market pattern significantly loosened
Over the past week, oil prices have experienced their steepest decline since April, with oil prices falling by more than $20 per barrel from their previous highs. From a fundamenta…
Demand drops off a cliff, cotton yarn is available at low prices
On June 24, the intraday low of Zheng cotton fell to 17,000 yuan/ton, and the losses of ginning companies expanded rapidly. Not only did most cotton companies in Xinjiang not offer…
Demand expectations are pessimistic, and domestic and foreign cotton resonance declines
On June 24, Zheng Mian continued to decline sharply, falling below the important Wanqi mark. It fell by nearly 3,000 points in just one month. It is rare for such a large drop to o…