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ICAC: Supply and demand are loose, cotton prices may be at relatively low levels
The October global production demand forecast released by the International Cotton Advisory Committee (ICAC) believes that cotton demand will continue to decline in 2023/24, but gl…

2024 cotton import tariff quota application and allocation details released
The National Development and Reform Commission recently released the 2024 cotton import tariff quota application and allocation details (attached), which mentioned that the total c…

Imported yarn: Quotes are falling, inventory pressure is difficult to alleviate
According to feedback from traders in the light textile market in Jiangsu, Zhejiang, Guangdong and other places, since early October, the shipments of imported combed yarn, importe…

Demand resilience is still there, and poor PTA processing is expected to be repaired
Short-term market transactions will focus on the negative logic brought about by changes in the energy market. The medium-term trend of crude oil prices is still an important direc…

Global trade growth will be “halved” in 2023! The latest WTO forecasts…
The World Trade Organization (WTO) stated that global trade growth will be “halved” in 2023. Global merchandise trade volume is expected to grow by 0.8% this year, less…

The contradiction between PTA’s own supply and demand is still not prominent.
On the last trading day, the price of PX continued to fall. The price of raw materials fell sharply overnight, causing PX negotiated prices to continue to weaken in the morning. Al…

Cost support is acceptable, but the polyester chain has insufficient momentum to continue its decline.
PTA Crude oil has rebounded, supply and demand have improved, and PTA is expected to fluctuate within a narrow range. In terms of spot goods, the supply side decreased, and spot qu…

Supply and demand expectations are weak, and PTA may continue to be under pressure in the future
There is still a lot of new production capacity in the fourth quarter, and there is still a certain amount of accumulation pressure in the PTA market; the demand for refined oil ha…

Starting from October, UNIQLO China will implement salary adjustments, with a maximum increase of 44%!
Uniqlo China will raise salaries for employees starting from Beijing, Shanghai, Guangzhou and Shenzhen Uniqlo China announced that it will implement salary adjustments starting fro…

Negative factors are overwhelming, when will cotton’s decline change?
After the National Day, the previously strong cotton price began to turn downward. Factors such as new cotton harvest pressure and changes in market expectations, as well as the co…