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Freight prices have fallen for the fourth consecutive time, and it is difficult for the US line to support the overall situation! The shipping price war may explode…
Freight prices have fallen for the fourth consecutive time, and it is difficult for the US line to support the overall situation! The Shanghai Export Container Freight Index SCFI h…

The rebound was thwarted! The crude oil market is experiencing another sudden change…
During last Friday night trading session, the crude oil market experienced another sudden change. Following the speeches of U.S. Treasury Secretary Yellen and Federal Reserve Chair…

The basis difference of new cotton is on the high side, and the Brazilian cotton solid single price is suspended.
As Brazil’s new cotton harvest begins sporadically and farmers’ seed cotton “pre-sales” accelerate, some Brazilian cotton export companies and international…

Collective stall? The exports of these Asian foreign trade powers have plummeted!
Currently, the external environment is severe and complex, and global trade development is affected by multiple factors. In particular, sluggish external demand, geopolitics and ot…

Great profit! -12 million barrels, oil prices rise! Bears beware…
Last night, the oil market ushered in great news! At 10:30 pm on Wednesday night, data released by the U.S. Energy Information Administration (EIA) showed that U.S. EIA crude oil i…

Imported cotton: The wait-and-see atmosphere is strong, and the price difference between domestic and foreign cotton is widening
According to feedback from cotton trading companies in Qingdao, Shanghai, Zhangjiagang and other places, although the main contract of ICE cotton futures this week peaked at 87.98 …

Supply exceeds demand, PTA may oscillate weakly in June
As of May 25, the spot price of PTA in May fell by 10.30% month-on-month. The author predicts that PTA will show an oversupply pattern in June, and the spot price is expected to be…

Shut down the factory and reduce the load! No quotation on closing date! Many chemical industry leaders take collective action!
Recently, it was reported that South Korea’s Kumho Mitsui will not accept orders for all MDI products in May. The current MDI production capacity of Kumho Mitsui Chemicals…

Regional oscillations, PTA’s medium-term trend is hard to be optimistic
Since mid-March, driven by the centralized maintenance of PX in Asia and the high start-up of downstream polyester production, PTA has experienced a wave of rising prices. The spot…

Is OPEC holding back its big move? Major meetings make oil price trends confusing
On the weekend of June 3rd to 4th, OPEC+ major oil-producing countries will hold a major meeting to evaluate oil production decisions. Recent news shows that the prospects for prod…