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Prices hit a new high, and risks in the cotton market continue to increase
On September 27, driven by the rise in US cotton, domestic cotton prices rose sharply, and the main contract price of Zheng cotton hit a new high. In order to stabilize the cotton …
To make matters worse, cotton spinning companies are facing enemies from both sides.
According to feedback from textile enterprises in Henan, Jiangsu, Shandong and other places, the market situation has changed a lot since mid-to-late September, catching enterprise…
Crude oil is expected to maintain a strong trend
International oil prices have risen for the fifth consecutive day. Just now, the price of Brent crude oil exceeded the $80 mark, hitting the highest level since October 2018. This …
Cotton prices surged, and downstream prices encountered extreme conditions
Since late September, ICE cotton futures have started to surge continuously. After the “five consecutive positive days”, the main contract is approaching 100 cents/poun…
WTO releases “World Trade Statistical Review 2021”
Recently, the World Trade Organization released the “2021 World Trade Statistical Review”. The report shows that due to the impact of the COVID-19 epidemic, world trade…
Shanghai and Ningbo become the new “king of congestion”! Surpassing Los Angeles and Long Beach!
In recent times, due to factors such as typhoons, epidemics, and shortage of terminal labor, congestion at major container ports in China and the United States has become increasin…
The polyester industry chain has set off a wave of price increases, but the fundamentals are not optimistic. The market outlook remains to be seen…
Recently, the polyester industry chain has begun a wave of price increases from top to bottom. The main contract of MEG once rose to a record high of over 6,000 yuan/ton. PTA’…
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Short-term PTA supply and demand weak pattern still exists
According to the price monitoring of SunSirs, the domestic PTA spot market fluctuated and rose in September. As of September 29, the average domestic market price was 5083 yuan/ton…
Unprecedented! U.S. cotton prices are rising, and Türkiye is buying more cotton from other countries
Since entering 2021, people all over the world have felt the inflationary pressure on “clothing, food, housing, and transportation”. Among them, the textile industry involved in cl…
Cotton prices soar, textile companies purchase raw materials at high prices
On September 28, Zheng cotton continued to rise sharply, with the main contract price approaching 19,000 yuan/ton. Faced with soaring cotton prices, business risks for downstream c…