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The RMB exchange rate fluctuates sharply! But import and export companies are becoming more and more calm?
On October 31, the spot closing price of the onshore RMB against the U.S. dollar fell 420 points to 7.2985, a new low since the 25th. As of 17:20 Beijing time on the same day, the …
U.S. cotton is “flying fast” and domestic cotton prices are “faltering”. Why?
“U.S. cotton continued to rise sharply in the five trading days last week, and domestic spot cotton prices also rose simultaneously, but the upward trend was far less than th…
Freight prices have fallen for 20 consecutive weeks, and sailings have been suspended in large areas! 284 container ships idle around the world
Recently, shipping companies have continued to cancel voyages from China to Northern Europe and the Western United States in order to slow down the decline in container spot freigh…
Stopping falling and rising, cotton prices are expected to develop upward between the new and old years
In the first week of November (October 31st to November 4th), the international cotton market suddenly changed its face. ICE cotton futures hit the daily limit four times in a row,…
Shock! Starting from December 1st, this country’s largest port will impose container detention fees!
Recently, the Port of Houston, a major container port in the East United States, announced that it will implement import container detention fees from cargo owners from December 1,…
The third quarterly report of the leading polyester company “increased revenue but not profit”. How to break the situation amid internal and external troubles?
According to data from the National Bureau of Statistics, in the first three quarters of 2022, the industrial added value of textile enterprises above designated size nationwide de…
CCI may be unable to purchase and reserve funds in 2022/23
According to the announcement issued by the Indian Cabinet Committee on Economic Affairs in June, the minimum support price of Indian cotton in the 2022/23 season increased to 6,08…
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ICE cotton futures regained lost ground and staged a desperate counterattack
The price of the December ICE futures contract began to rebound after falling to a low of 70.21 cents on Monday. As of last Friday, it rose 17 cents to close at 86.93 cents, almost…
Analysis: End-breaking rules after spinning yarn is formed
1. When the ring plate starts to fall after it rises to the top, the automatic doffing convex wheel pushes against the travel switch, and the ring plate falls, so that the end will…
Nylon 66: Farewell to the era of high profits, the market has downward pressure
Since this year, the price of nylon 66 slices has been falling. By August, the market price fell below 18,000 yuan, which caused domestic traders and downstream customers to enter …