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The risk of oil prices breaking through has been temporarily suspended. Can Saudi Arabia’s production cut in July reverse the situation?
Oil prices rebounded continuously in the last few trading days of June to stabilize the situation and continued the range-bound oscillation trend. After the armed rebellion of the …
The popularity is rising all the way, how to do business with the “exposed” business?
Recently, many parts of the country have continued to experience sunny and high temperatures, and the popularity of sunscreen products has also increased accordingly. Among them, s…
Big jump across the board! “OPEC+ will take all necessary measures”!
Saudi Arabia’s latest statement! According to Reuters and Al-Arabiya TV, yesterday, at the OPEC+ seminar in Vienna, Saudi Energy Minister Abdul Aziz said that the new production cu…
Shock and decline, demand for ethylene glycol is still difficult to improve
Introduction: The ethylene glycol market has experienced a volatile decline recently, and the overall atmosphere continues to be weak. Although there are also strong price trends, …
The US West Line rose 20% in a single week! Is the peak replenishment season coming in Europe and America?
Driven by the sharp increase in freight rates on the US line, the Shanghai export container freight index ended its three consecutive declines and rebounded again. But how long the…
Disturbed by bad news, Zheng cotton turned into a volatile trend
In July, the textile industry entered the off-season. The production and sales rates of textile enterprises in various places dropped, and there were signs of accumulation of inven…
PTA rises first and then falls, with limited upside space
In the second quarter, the PTA market rose first and then declined. The PX supply was tight due to maintenance, and suppliers repurchased spot goods. In mid-to-early April, PTA pri…
Supply rebounds rapidly, ethylene glycol operates under pressure
As the cash flow of the equipment is restored, the willingness of enterprises to focus on maintenance has declined. At the end of June, many units have been restarted. Even though …
The single-day increase exceeded expectations. Why did PTA increase its position significantly?
After the opening of the daily trading on the 7th, PTA futures increased their positions significantly, breaking through the previous oscillation high. As of the closing, the PTA 2…
The external market resumes its upward trend, and cotton may rise more easily than fall.
Recently, there are many factors plaguing the cotton market. There is a general consensus that the downstream demand is weak. The profits of the spinning process are reduced, and t…