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The U.S. may release crude oil reserves, which will be negative for oil prices, and the downside risk for oil prices will increase.
On October 18, news that the United States may once again release 10-15 million barrels of strategic reserves on a large scale caused international oil prices to fall to the lowest…
Gray fabrics are selling well, but prices continue to fall
On October 20, a weaving company that produces pongee said that 260T matt pongee is currently very popular. Not only does its own company have a small inventory, but surrounding co…
The supply-side “story” continues, and PTA’s near-end conflicts remain strong
Demand is weaker but supply reductions are more significant In the generally weak state of chemical products this year, PTA with high basis difference and high profit can be regard…
Long and short stalemate, international oil prices are brewing in chaos
Many investors lament that the current market situation is too difficult to judge, and the fluctuations in oil prices have entered a typical long-short stalemate stage. After five …
The exchange rate and sea freight have both declined. What is the current status of textile foreign trade orders?
Since 2020, with the continued deterioration of the epidemic and the trade environment, many industries have suffered a heavy blow, especially the dual impact of exchange rates and…
Winter clothing sales are becoming increasingly popular, and it remains to be seen whether the polyester market can take advantage of the trend and pick up.
Entering October, winter clothing sales are becoming increasingly popular. Textile and apparel industry insiders said that the current orders are mainly for warm fabrics, but the n…
The energy crisis is superimposed on inflation, and the “involution” of the industry is intensifying. Are there “dangers” and “opportunities” amid these difficulties?
Compared with previous years, orders from South America dropped by approximately 30% to 40% in the first nine months of this year. “The main reason is the imbalance between s…
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Profits are “squeezed from both ends”, and the gauze inventory rate has increased
According to feedback from several cotton spinning companies in Jiangsu, Shandong, Henan and other places, the stocking rate of gauze has increased, medium and long-term orders are…
With low profits, high inventory and weak demand, news of production cuts is rampant, and the polyester end is struggling on the edge of “flattering”
Although the production and sales of polyester filament factories improved slightly last week, sales were light most of the time, and polyester filament companies’ finished p…
Maintenance maintenance vs. expected production start-up, where will the PTA market go in the future?
Introduction: Since October, the domestic PTA market has continued its downward trend, and the overall negotiation atmosphere has been poor. Spot prices in East China fell from 6,3…