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How will crude oil perform after it emerges from the independent market?
As market expectations for the Federal Reserve’s aggressive interest rate hikes within the year have rapidly increased, the crude oil market has fluctuated at high levels in …
Special survey on actual cotton sowing area in China in 2022
In late May 2022, the National Cotton Market Monitoring System launched a nationwide special survey on the actual cotton sowing area. The samples involved 14 provinces (autonomous …
Fundamentals are weak and supply and demand cannot support a strong rebound in cotton prices
Recently, the latest data from the U.S. Department of Labor showed that the U.S. non-seasonally adjusted CPI rose by 8.6% year-on-year in May, setting a new record in more than 40 …
Cotton prices fall, short-term profit improvement may be short-lived
Beginning in May, Zheng cotton futures began a volatile downward path, with the main CF2209 contract falling from 22,000 yuan/ton to around 20,000 yuan/ton. The fall in the price o…
Indian cotton futures prices may plummet
According to feedback from private cotton companies in Gujarat, Maharashtra and other places, India’s domestic S-6/J34/MCU5 spot quotations, FOB/CNF quotations, etc. have been redu…
The Asian PX market may gradually return to rationality
Introduction: The PX market has risen sharply since June. Due to the fierce increase, it has become a star product among chemicals. On June 1, the price of CFR China PX was US$1,29…
There are many variables in the trans-Pacific route. The three major alliances have canceled 54 voyages in 5 weeks, and the freight rate trend has diverged!
After two months of epidemic prevention and control, Shanghai reopened. Based on the latest major shipping indexes, the SCFI and NCFI indexes have stopped falling and have risen sl…
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Indonesia has made a positive final ruling on the third anti-dumping sunset review of polyester staple fiber!
Recently, the Indonesian Anti-dumping Commission issued an announcement on the third anti-dumping sunset review of polyester staple fiber imported from China, India, and Taiwan. an…
Crude oil futures prices surged and fell, affecting more than just its own supply and demand.
On Wednesday, crude oil futures prices rose and fell in both internal and external markets. On June 15, local time, White House Press Secretary Karine Jean-Pierre announced at a br…
It is unlikely that PTA will fall significantly in the future
Affected by the high international crude oil prices, domestic chemical products have recently risen to varying degrees. PTA (purified terephthalic acid), a bulk textile raw materia…