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Cost-driven supply and demand support, ethylene glycol surges again after the holiday
Introduction: After the previous round of rise, ethylene glycol gradually entered a range-bound trend. Judging from the disk, it reached a high of 4,500 at the beginning of the mon…
Ah! On the day the President was impeached by the House of Representatives, the US government announced a ban on the import of Xinjiang cotton under the pretext of “forced labor”!
The US government, which has long been hyping up Xinjiang-related issues, has begun to suppress it again. Trump got “bad” for “inciting” the Capitol riots , as the countdown to his…
Invest 2 billion to build textile accessories! The polyester leader is determined to penetrate downstream! Is it a bet or a way out?
Affected by weak demand from the downstream textile and clothing industry, the polyester filament industry has been in a difficult situation in the past year. On the evening of the…
[PTA]: PTA’s cost support is good and its strength may continue
Introduction: The Biden team in the United States may announce the US$1.9 trillion “American Rescue Plan”. This news is good for the fluctuation of crude oil prices and…
US political situation is tense, cotton prices consolidate at high levels
On January 14, although U.S. cotton exports last week were quite strong, ICE cotton futures generally remained consolidated. According to the latest report, U.S. cotton contracting…
The trend of polyester yarn at the end of the year is unusual. Can the market continue its glory before and after the Spring Festival?
Different from previous years, the polyester filament market in December 2020 fluctuated upward under the support of the cost side. The average monthly price of POY150F/48F in Dece…
Interpretation of textile and clothing export data in 2020
Introduction: According to customs data, textile and clothing exports continued to grow in December 2020, with the growth rate of textile exports being particularly obvious. Judgin…
Imported cotton: External price rises again, on-call price point opportunity fades away
According to CFTC statistics, as of now, there are 82,620 2020/21 ON-CAll contracts on the ICE cotton futures market, a significant decrease of 5,150 contracts from December 25, 20…
International cotton prices: Fundamentals gradually improve, pay attention to US cotton planting intentions
According to the USDA’s January supply and demand forecast, global cotton production was reduced by 1 million bales to 112.9 million bales, consumption increased by 100,000 b…
Three major advantages! Vietnam is already the hub of Asia’s supply chain
(January 14), according to the Vietnam News Agency: Emerging Star-Vietnam continues to be the center of the changing supply chain and the most competitive manufacturing location in…


