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Oil prices have skyrocketed and plummeted, and the terminal weakness is difficult to change. The polyester and textile markets may usher in violent fluctuations in October.
Recently, under the leadership of international oil prices, polyester filament POY has experienced a continuous “four consecutive rises” and has a further upward trend.…
Affected by external crude oil, the energy and chemical sector fell sharply
International oil prices fell on Tuesday as concerns about falling oil demand continued to weigh on the market. As of the close of the day, the November contract of WTI crude oil f…
Freight rates have fallen for 16 consecutive weeks, and the freight rate between the United States and the West has exceeded US$2,000! European routes will suspend large areas of sailings and reduce flights.
Container freight rates have shown no signs of stopping their decline. The Shanghai Export Container Freight Index (SCFI) fell below 2,000 points in the last week of September, fal…
Inventory: Three trends in the domestic imported cotton yarn market
According to feedback from cotton yarn trading companies in Guangdong, Jiangsu, Zhejiang and Shanghai, due to the negative effects of ICE cotton futures falling sharply again in th…
Zheng cotton stopped falling and rose with the support of 13,000 yuan/ton. What is the reason?
Since September 28, the main contract of Zheng cotton has oscillated and rebounded after hitting the lowest point of 13,195 yuan/ton since mid-October 2020. It once broke through t…
Notice! A chemical giant issued an announcement on the shutdown of equipment for maintenance
On the evening of October 10, Wanhua Chemical issued an announcement on the suspension of production and maintenance of MDI and TDI devices in Yantai Industrial Park. The announcem…
Huge uncertainty hangs over the oil market, and OPEC+ production cuts may accelerate the decline in demand
Currently, the outlook for crude oil demand is cast a shadow. On October 12, local time, OPEC lowered its global oil demand growth forecast for this year and next in its monthly re…
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Many customer orders have been cancelled, five major problems have plagued textile companies, and price transmission in the upstream and downstream markets is unfavorable!
Recently, stimulated by the increase in the price of upstream raw materials, especially the surge in crude oil futures, the polyester filament market has rebounded significantly, a…
Things are changing: Amid the energy crisis, the leading European underwear brand Florina has closed its factory, and more than 100,000 companies may also face bankruptcy
After Russia cut off gas to Europe for 20 days, a large number of companies also paid their bills at the end of the month. Faced with such high energy and product prices, countless…
European lingerie group shuts down all production at Felina factory! Raw material costs increased by 266%! More than 100,000 companies in Europe may face bankruptcy!
After Russia cut off gas to Europe for 20 days, a large number of companies also paid their bills at the end of the month. Faced with such high energy and product prices, countless…