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Fundamental expectations are not good, and PTA prices are mainly bearish in the long term.
PTA prices have been oscillating recently. On the one hand, crude oil prices have been relatively strong in the short term, giving PTA some support; on the other hand, PTA’s …
Demand has become the focus of attention, and international oil prices hit a new low since January
After a brief rebound, international oil prices once again entered a continuous decline mode, with WTI crude oil prices returning to the level in late January and Brent crude oil p…
With the divergence of domestic and foreign cotton trends, will the rebound momentum end?
At the beginning of the night trading on the 17th, Zheng Cotton suddenly made a downward move, and the main contract price fell to 14,900 yuan/ton. The market originally hoped that…
The cotton rebound has come to an abrupt end. What points should we pay attention to in future domestic cotton price fluctuations?
“At this rate of decline, it is estimated that when the new season cotton comes on the market, the opening price of spot seed cotton in the main producing areas will be aroun…
The market is rarely busy, and the bear market in the polyester market may not have bottomed out yet.
It is now the ordering and proofing season in August, and the textile and chemical fiber market is experiencing considerable fluctuations before the peak season. Recently, the text…
The cotton market is full of contradictions, and domestic supply exceeds demand. Why do we still need to import a large amount of cotton?
Since 2022, my country’s cotton market has been in a downturn, cotton consumption has continued to be sluggish, and prices have continued to fall. In the last round of commod…
Several influencing factors of future domestic cotton price fluctuations
The new cotton season in the northern hemisphere is about to hit the market. The August USDA report shows that the U.S. cotton production in 2022/23 is estimated to be 638,000 tons…
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All major cotton supplier countries have experienced production cuts, and cotton prices may continue to surge in the second half of the year
According to the Associated Press, almost all major cotton supplier countries in the world have cut production this year due to extreme weather, which has pushed up cotton prices b…
Cotton: Futures are singing a triumphant song, while spot prices are stagnant.
In the week of mid-August (August 15-19), ICE cotton futures continued to break upward, driven by the extremely positive USDA supply and demand forecast. The main December contract…
The pressure on the cotton market cannot be underestimated, and cotton prices fluctuate widely
That week (August 15-19), the U.S. Department of Agriculture released its August production demand forecast report, which significantly reduced U.S. cotton production. ICE cotton f…