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Bullish sentiment is rising and crude oil is entering a phase of high oil prices
Oil prices have closed higher on five trading days in the past week, showing investors’ bullish sentiment towards oil prices. After OPEC took the lead in announcing its Septe…
Gross profit is improving, will the viscose staple fiber market increase in both volume and price?
In the first half of 2023, affected by factors such as falling raw material prices, deepening integration of the downstream rayon yarn market, rising cotton prices, and greater fre…
The planting area has generally declined. Is it still difficult to calm down the worries about Xinjiang’s yield?
According to a sample survey of 71 textile companies in 14 provinces, municipalities and autonomous regions across the country by the National Cotton Market Monitoring System, as o…
Imported yarn quotations are weak and traders are willing to ship goods
According to feedback from some light textile traders in Jiangsu, Zhejiang, Guangdong and other places, since mid-September, in addition to inquiries and shipments of C20S-C40S kni…
The quality of cotton yarn is insufficient in the peak season, and cotton yarn prices are not confident enough.
According to feedback from several cotton spinning companies in Jiangsu, Zhejiang, Anhui and other places, the spot spot of cotton yarn has been weak since this week, and it is dif…
Is the turning point approaching? Container freight rates are relatively stable and have ended their rapid decline!
At the North Bund International Shipping Forum·North Bund International Shipping Forum held recently, Lin Ji, deputy general manager and party member of COSCO Shipping Lines, said …
Brazilian cotton: Production is raised again, competitiveness needs to be improved
In its September report, the Brazilian Commodity Supply Company (CONAB) once again raised Brazil’s 2022/23 cotton production to 3.1501 million tons, an increase of 119,100 to…
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Are there arbitrage opportunities between PX and PTA?
On September 15, 2023, domestic PX futures and options contracts were officially listed on the Zhengzhou Commodity Exchange. As a raw material in the upper reaches of the polyester…
The market is stuck, when will cotton’s sideways pattern be broken?
The cotton market has been relatively stagnant recently. Although the price seems weak and difficult to rise, it fell below 17,000 yuan/ton and seemed to be quickly raised by specu…
Supply and demand weaken, PTA has accumulated inventory
Introduction: Affected by the Asian Games, some polyester factories have introduced maintenance or load reduction plans. The polyester operating rate has declined. The demand has w…