• Crude oil soared and plummeted! Polyester factories are difficult to ship and weaving enterprises reduce production! Soon, the
    Crude oil soared and plummeted! Polyester factories are difficult to ship and weaving enterprises reduce production! Soon, the "shortage tide" may come in the future! Apr 06, 2022
    Release 180 million barrels of oil reserves! Meiyou lost the $100 mark! The recent surge in oil prices is further pushing up US inflation. In order to cool oil prices, US President Biden will announce the large-scale release of the national strategic oil reserve (SPR) on Thursday (March 31) local time. It is expected that 1 million barrels will be released every day for several months, and the total release may be as high as 180 million barrels! U.S. media reported that this will be the third time since last November that the United States has released oil reserves, and may become the largest in U.S. history. What is the concept of 180 million barrels of oil? US media said that this is equivalent to about two days of demand in the global oil market. According to the data of the US Department of energy, the United States currently holds 568.3 million barrels of oil reserves, the lowest level since May 2002. Its role is close to the supply brought by the return of Iranian crude oil to the market, which will greatly alleviate the current tight market supply situation. As soon as the news came out, the international oil price fell rapidly, and the US WTI crude oil futures in May closed down 1.01% to US $99.27/barrel, a new low since March 16; Brent crude oil futures in June fell 0.34% to US $104.35/barrel, the lowest since March 16. Recently, after the International Energy Agency (IEA) held an emergency meeting, it was announced that under the leadership of U.S. energy secretary Granholm, 31 Member States reached a resolution to sell strategic oil reserves again, but did not clearly give the amount of reserves that all parties are more concerned about. International oil prices rose, while domestic prices fell; International oil prices have fallen. There is no doubt that we have fallen even worse.
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  • Level 1 warning! Logistics is completely out of control!
    Level 1 warning! Logistics is completely out of control! Apr 02, 2022
    Throughout March, the international oil price continued to fluctuate at a high level, the production cost rose sharply, the profit of oil production was at a loss, and some refineries entered maintenance and load reduction. At this time, the supply decreased, the market confidence was boosted, and the price rose rapidly, but the downstream demand remained rigid demand, and the market focus continued to fluctuate; However, as the price of international crude oil futures fell, the support of cost and mentality weakened, the oversold rebounded after the low-end price fell to 4940 yuan / ton, the port inventory remained high, the market supply decreased, and there was some support. The holders had a strong willingness to support the price. With the downstream news of negative maintenance and interest rate reduction, the demand gradually weakened, the supply and demand side was relatively deadlocked, the holders were weak in supporting the price, and the price continued to fluctuate. Under the control of the epidemic, truck drivers were in a dilemma: some goods could not be delivered, some were trapped for 30 days, and some reported that they went to Jiangsu Expressway for at least 10 hours Recently, the nucleic acid test of truck drivers in many places showed positive: In March 22nd, 1 novel coronavirus pneumonia cases were confirmed in Ji'nan, which were long distance truck drivers. In March 23rd, 1 novel coronavirus pneumonia cases were confirmed in Hangzhou, which were truck drivers. On March 23, a new freight driver from other provinces entered Sichuan on March 22 On March 26, Beijing added a locally confirmed case, which was a truck driver On March 26, the driver of a freight car in Hai'an made a preliminary screening On March 26, three cross-border truck drivers were detected to be nucleic acid positive at Shenzhen port On March 27, Shijiazhuang reported a case of asymptomatic infection, which was the driver of Chengde truck passing through Shijiazhuang expressway On March 27, two people with positive nucleic acid test were found in Kunming, all of whom were truck drivers In March 27th, 1 cases of COVID-19 nucleic acid test positive were found in Songyang, Zhejiang. On March 29, Jiaxing added a new case of positive infection, a truck driver At 0-15 hours in March 30th, 2 new cases of asymptomatic COVID-19 infection were added to Hangzhou. On April 1, Jiaxing announced the epidemic situation in the Economic Development Zone on March 28: the source of infection is speculated to be truck drivers outside the province Since then, classes in Wuxi, Nantong and Suqian have been suspended! Shut down! At present, more than 90 cities require truck drivers passing across provinces to provide 48 hour nucleic acid detection certificate and travel Code Green code. In order to deliver the goods as much as possible, some logistics enterprises have even adopted the connection mode to let the goods "enter the city" and the drivers do not "enter the city". There a...
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  • Early winter creative woolen fabric market highlights frequency
    Early winter creative woolen fabric market highlights frequency Oct 22, 2021
    Recently, the local transactions of woolen fabrics in the traditional market of China Textile City continue to increase, the variety of movable pins increases, the marketing of creative fabrics in early winter continues to be active, and the market highlights are frequently displayed Woven woolen fashion listed varieties increase local wool hang samples, thin and medium thick fabrics fabrics in the interaction.
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