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Testing the 6,000 mark again, production capacity increased by 16.91%! The PTA industry is accumulating systemic risks, and the processing margin will continue to fall from the existing 400-600.
As oil prices continue to fluctuate at high levels, high cost pressure will gradually shift downward along the industrial chain, which is expected to increase the production costs …
Warning! Many countries are trapped in the quagmire of inflation, beware of the “Turkish Scam”!
The conflict between Russia and Ukraine has led to a surge in energy and raw material prices, coupled with the impact of the epidemic. Many countries, including Europe and the Unit…
The OPEC+ meeting is about to be held, which will dispel “doubts” about increasing production in the market
Under the influence of the gradual digestion of concerns about the global economic recession, commodity prices have rebounded from the rapid decline in the previous stage. In addit…
Macroeconomic sentiment improves and international oil prices rise
International crude oil prices have risen for two consecutive weeks due to the impact of the Federal Reserve’s interest rate hikes, the easing of macro-recession sentiment, a…
Profits have improved, and the weakening cotton price is good for the operations of textile enterprises
Since May, cotton prices have continued to fall, falling by more than 30% so far, significantly exceeding the decline in cotton yarn futures during the same period, which has relie…
Chemical fiber companies already account for half of the chemical industry, leading the entire industry chain, and their share continues to increase!
On July 25, the US Chemical and Engineering News (C&EN) announced the list of the top 50 global chemical companies in 2022 (hereinafter referred to as the list). The top three …
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Attention foreign trade professionals, port congestion and shutdowns may become the new normal!
Recently, from German port workers, British railway workers, Belgian union workers, Spanish truck drivers, to thousands of European airline employees, they have launched protests o…
Cotton yarn quotations are relatively chaotic, and textile companies and traders are rushing to destock.
It is understood that as the main ICE cotton futures contract returns to the 95-100 cents/pound range, the Zheng cotton CF2209 contract has recently closed at a strong resistance l…
Three reasons lead to increased cancellations of US cotton contracts
According to feedback from cotton trading companies in Qingdao, Zhangjiagang and other places, since mid-July, the phenomenon of buyers requesting to cancel the contract, re-sign t…