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The spot price of shipping fell below the long-term contract price, and more than 70% of companies want to renegotiate with shipping companies
Spot freight rates for container ships continue to fall, and have recently been lower than long-term contract rates. A large number of customers are beginning to consider renegotia…
The bear market is slowing down! Cotton’s mid- to long-term decline may be difficult to stop
Against the background of the Federal Reserve raising interest rates and the slump in commodities, cotton futures were also sold wildly. On the 24th, cotton once fell 8%, with the …
The performance of the e-commerce platform is poor, the demand for clothing is bleak due to the shortage of clothing, and the polyester filament is struggling!
The domestic textile industry experienced unprecedented difficulties in the first half of the year. The epidemic and high costs caused the outflow of textile and clothing orders. D…
Nike suspends e-commerce services in the country, competitors may benefit
According to Reuters, on the 23rd local time, the American sports brand Nike said in an email statement that it would fully withdraw from Russia after suspending its Russian operat…
After the sharp rise and fall, where will PTA go?
Introduction The decline of PTA since mid-June can be explained more as the “collapse of total volume”, that is, the compression of the overall profits of the industry …
Zheng cotton has oversold, and the bear market may continue to find the bottom
Summary As a staunch bearer of the cotton market in the past six months, the author did not expect Zheng Cotton’s decline to be so violent. In the hot article “Policy E…
Downstream consumption will determine whether flower yarn can stop its decline
Last week (June 20-24), the price of Zheng cotton fell sharply and continued to hit new intraday lows. It fell nearly 2,700 points in just one week, and the lowest point once fell …
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The yarn price upside down is expanding, the port cotton yarn is closed and reluctant to sell, will the weakness of domestic cotton yarn continue?
According to feedback from cotton trading companies and weaving mills in Guangdong, Jiangsu, Zhejiang and other places, although domestic and foreign cotton futures have fallen vio…
Cotton prices collapsed in an instant, what will be the next step?
In the past week (June 20-24), major changes have taken place in the international cotton market. The Federal Reserve pushed forward to raise interest rates to curb inflation at th…
The internal and external market bottomed out sharply, but cotton trading at the port remained flat.
According to feedback from cotton trading companies in Qingdao, Zhangjiagang and other places, as the main ICE cotton futures contract fell below 100 cents/pound and the Zheng cott…