Interpretation of Xinjiang’s cotton output decline from three aspects
Shihezi, Changji, Kuitun and southern Xinjiang cotton processing enterprises have reported that the harvest progress of machine-picked cotton in northern Xinjiang has exceeded 75% …
Cotton at ports shows a trend of “many customs clearances and slow shipments”
According to CFTC statistics, as of October 15, there were 147,211 ICE cotton futures 2021/22 ON-Call contracts, a significant increase of 7,485 contracts from October 8. However, …
The market turns a blind eye to the surge in U.S. cotton signings
After some shocks, ICE futures still closed higher last week, and prices were generally stable. On October 22, ICE futures rebounded after the sharp drop the day before. The market…
Most commodities closed higher, with international oil prices rising more than 2%
U.S. crude oil inventories have dropped the most since September, and a weak U.S. dollar has boosted the appeal of commodities. As of early morning today, WTI January crude oil fut…
Crude oil has risen for 9 consecutive weeks, and polyester yarn prices remain high
Restricted production shutdowns in the textile and chemical fiber industry are still spreading recently. At present, the market is highly consistent in its expectations for normali…