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The mystery of production and demand is difficult to solve, and it may be difficult for cotton to rise again
Last week (June 6-10), after continuous declines, the point trading of textile mills provided support for the market and triggered a small-scale squeeze. The weekly US cotton expor…
Shipments are tepid, cotton companies’ losses increase
In the past week or so, the market price of Zheng Cotton CF2209 contract has continued to consolidate in the range of 20,000-20,500 yuan/ton, showing a weak balance state of “…
Cotton stocks at ports stop rising and decline, Australian cotton shipments delayed
According to feedback from cotton trading companies in Qingdao, Zhangjiagang and other places, since early June, the total inventory of bonded + non-bonded cotton in major ports in…
PX’s sharp fall became the trigger, PTA fluctuated in a wide range, and the downstream market could not hide its weakness!
Recently, PTA, a popular raw material in the textile and chemical fiber market, has once again come to the forefront. Since the Dragon Boat Festival, the market price of PTA has ri…
Saudi Aramco is about to reduce crude oil supply to China, will domestic oil prices continue to rise?
According to Observer.com, on June 10, several informed sources revealed that Saudi Aramco will reduce crude oil supply to China in July. At present, the world’s largest oil …
Some cotton ginners want to “lay down”, while hedging cotton companies are “resting in leisurely activities”. What is the solution to the predicament?
At present, the domestic cotton market is experiencing a difficult survival situation that has been rare for many years. First, ginners and others own a large amount of high-cost o…
The wave of large-scale interest rate hikes has begun, where will the trend of commodities go?
Since the beginning of this year, global inflation has intensified, and many central banks around the world have joined the trend of raising interest rates. It is reported that cen…
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The strike escalates! The paralysis and shutdown of South Korean ports will further disrupt the global supply chain!
An escalating nationwide strike by South Korean truckers is exacerbating disruptions to global supply chains, with the impact expanding from slowdowns and shutdowns at the country&…
Domestic refined oil prices continue to rise, and the tenth increase window of the year has opened!
As of June 10, Beijing time, the eighth working day of this round of refined oil price adjustment cycle, the reference crude oil change rate calculated by the commodity information…
Lost orders have gradually returned, and national textile and apparel exports increased year-on-year in May.
In U.S. dollar terms, in May, my country’s export growth rebounded by 13 percentage points year-on-year compared with April, far exceeding the market consensus of 8% year-on-…