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US cotton contract imports are expected to accelerate in the second half of the year
According to the USDA U.S. Cotton Export Weekly Report, in the week of July 21-27, 2023, the contracted volume of U.S. upland cotton exports in 2022/23 was -2,247 tons, a 47% decre…
Sudden! The yuan fell nearly 500 points!
On August 8, the offshore RMB exchange rate against the US dollar fell below the 7.21, 7.22, 7.23, 7.24 and 7.25 levels during the session. Wind data shows that as of 22:18, the of…
The cost end is dragged down, and polyester filament is expected to remain in a stalemate.
Introduction: Recently, downstream orders have improved month-on-month, and market capital circulation has increased. However, when the PTA of polyester filament has increased slig…
Supply shrinks, may oil prices rise?
Since the end of June, international crude oil prices have continued to rebound and hit new highs during the year. The highest price of active NYMEX WTI crude oil futures contracts…
Will cotton prices break upward or fluctuate downward? Let’s see what both the bulls and the bears have to say…
In the first week of reserve cotton sales, a total of 50,000 tons of reserve cotton resources were listed, with a total transaction volume of 50,000 tons, and a transaction rate of…
The RMB continues to depreciate! Is the exchange rate at a critical point in the long-short game?
On August 8, the offshore RMB exchange rate against the US dollar fell below the 7.21, 7.22, 7.23 and 7.24 levels during the session, falling nearly 400 points within the day. The …
Data analysis: Textile and apparel exports fell again in July
Introduction: my country’s textile and apparel exports fell again in July, and the cumulative decline expanded. Data source: General Administration of Customs According to th…
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Shipping costs have skyrocketed by 60%. Is this a temporary phenomenon?
Faced with the overall sluggish export situation of Asian economies, the cost of transporting goods from Asia to the United States has quietly begun to rise rapidly. This has to be…
Chemical prices are rising frequently! Wanhua once again stopped production for maintenance, and MDI increased by a total of 4,000 yuan/ton!
Wanhua Chemical once again stopped production for maintenance! MDI’s cumulative increase in the third quarter reached 4,000 yuan/ton On August 11, Wanhua Chemical issued an announc…
The highs have fallen continuously, are institutions actively optimistic about oil prices?
After rising for 7 consecutive weeks, oil prices finally ushered in a correction week. In the past week, negative macroeconomic conditions suppressed the performance of risk assets…