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Pop Mart (09992.HK): On January 19, it repurchased and cancelled 1.4 million shares, costing approximately HK$250 million.Pop Mart (09992.HK): On January 19, 2026, it spent HK$251 million to repurchase 1.4 million shares at a repurchase price of HK$177.7-181.2 per share.On January 19th, according to futures news, both domestic and international cotton spot prices rose last week, with the domestic spot price increasing more than the international price, and the price difference between domestic and international cotton widening slightly. 1. Internationally, the USDAs January supply and demand report at the beginning of the week showed a decrease in global production, an increase in demand, and a decline in ending stocks, indicating an overall bullish adjustment. This, coupled with a weaker dollar and rising grain prices, drove cotton prices higher. However, on Thursday, the US Department of Labor released initial jobless claims data lower than market expectations, increasing the probability of the Federal Reserve maintaining interest rates, leading to a decline in the crude oil market and dragging down cotton prices. In terms of price performance, the ICE cotton futures averaged 64.83 cents/lb, up 0.14 cents/lb from the previous week; in the spot market, the Cotlook A index averaged 74.87 cents/lb, up 0.26 cents/lb from the previous week. 2. Domestically, at the macro level, the central bank signaled further interest rate and reserve requirement ratio cuts, and the State Council emphasized promoting consumption, briefly boosting market sentiment. At the industry level, the speculation surrounding a reduction in Xinjiangs cotton planting area in the new year has gradually been digested. Textile companies have some restocking needs before the Spring Festival, and the weakening orders for fabric mills are showing a tendency to spread to textile companies, thus weakening support for cotton prices. The weekly average price of the China Cotton Price Index (CC Index 3128B) was 15,903 yuan/ton, up 96 yuan/ton from the previous week; the price difference between the weekly average price of Cotlook A (converted to RMB with a 1% tariff) and the weekly average price of the China Cotton Price Index widened significantly by 52 yuan/ton compared to the previous week.January 19th - CIMC Enrics subsidiary, CIMC Saint-Gobain, recently successfully delivered the first batch of four high-standard, customized cryogenic storage tanks for a landmark semiconductor manufacturing project in Europe. This project is not only the first large-scale semiconductor factory built in Europe in nearly two decades, but also marks a new benchmark for CIMC Enric in the field of high-end precision equipment manufacturing, adhering to the stringent EN (European Standard) system.Topband: The company attaches great importance to the development of the civilian drone market, and its DC brushless motor products have been mass-produced and applied to low-altitude delivery drones.

WTI Price Analysis: Testing the $80 level versus the broad USD

Daniel Rogers

Apr 11, 2023 14:20

 截屏2023-01-13 下午5.17.06.png

 

On Monday, crude oil prices are lower as a risk-averse sentiment underpins the U.S. dollar. The price of the black gold is a few cents above its intraday low of $79.71 per barrel and is approaching the range's bottom.

 

Early in April, the Organization of the Oil Exporting Countries and Allies (OPEC+) astonished market participants by announcing a 1.16 million-barrel-per-day reduction in their oil output, which pushed West Texas Intermediate (WTI) approximately 5.5% higher on April 3 and left a $4 void. Since the announcement, WTI has been consolidating between $79 and $81.80, unable to find fresh directionality.

 

Higher energy prices have contributed to inflation's meteoric rise, and OPEC+'s decision came as a complete surprise, reigniting concerns not only about price pressure but also about economic growth.