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ICE cotton futures rebounded, where will it go in the future?
Since November, ICE cotton futures have set off a rebound, with the main December contract rising sharply from 70.21 cents/lb to 89.31 cents/lb. However, after several attempts at …
my country’s imports of Australian cotton may resume in 2022/23
According to customs statistics, my country’s cotton import volume in September 2022 was 89,000 tons, a month-on-month decrease of 17.6% and a year-on-year increase of 19.4%.…
OPEC lowers oil demand forecast
OPEC’s monthly report released on Monday once again lowered its forecast for global crude oil demand growth in 2022. This is the fifth time OPEC has lowered its oil demand fo…
Seed cotton is nearing its end, lint is on the market at an accelerated pace, and sudden market trends may be difficult to reproduce.
“So far, our company has purchased nearly 25,000 tons of seed cotton, which is nearly 5,000 tons more than the purchase volume in 2021 and about 20 million tons higher than t…
Surrounded by negative news both upstream and downstream, will polyester factories start to cut production?
Recently, with the short-term recovery trend in the bulk raw material market, the offers of polyester companies have gradually strengthened. However, the good times do not last for…
Seven aspects to effectively tap the efficiency of spinning machines
With the advancement of technology and the improvement of labor productivity, the high quality, high speed and high output of the spinning frame can best reflect the production lev…
Oil prices plummeted, market participants: The medium- and long-term downward trend of oil prices has not changed
Early this morning, international oil prices suddenly plummeted. U.S. oil once fell by more than 3%, and Brent oil once fell by more than 2%. CITIC Futures analyst Yang Jiaming sai…
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Large manufacturers reduce production and protect prices VS downstream rigid replenishment! Polyester filament hits a new low, how much room for price decline is there?
The price of polyester filament has hit a new low this year! As of the 15th, the market price of polyester filament POY150D/48 is 6,850 yuan/ton, the market price of FDY150D/96F is…
E-commerce companies no longer focus on turnover, and clothing brands have regained their original aspirations. Is “Double 11” no longer popular?
At midnight on November 12, the annual Tmall “Double 11” shopping festival comes to an end. Different from previous years, Tmall, JD.com and other leading e-commerce co…
Big drop! The U.S. dollar is strong, recession concerns are intensifying, and crude oil has fallen below 4%, and is expected to fall back to the 80 mark! ! ! The epidemic has broken the chain, and Guangzhou’s textile industry has to bear the unbearable burden! The flow is expected to resume in the near future
-01- Oil prices fell nearly 4% as concerns over aggressive Fed rate hikes squeezed demand [Federal Reserve Bullard: Even under “dovish” policy assumptions, interest rat…