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Make waves again! Many major manufacturers collectively encountered force majeure and their output was halved! The textile supply chain may be hit again!
According to market news, nine major manufacturers have recently declared force majeure and cut production by half! The market is out of stock and supply sentiment is becoming tens…
36 corporate teams called on Biden, the U.S. Treasury Secretary publicly admitted his defeat, and the textile giant won an initial victory in suing the U.S. government! The trade war is turning for the better, and market confidence may be boosted!
China and the United States are sending goods to each other at the fastest pace in recent years, making the world’s largest bilateral trade relationship look like a protracte…
Crude oil exports fall to 40-year low! In order to re-stimulate exports, Iran replaced its oil minister
On Wednesday, Iran’s new President Raisi nominated Javad Owji as the new Oil Minister. Iran is struggling with U.S. sanctions, which have hampered most of its crude oil sales…
Poor demand, PTA fluctuates and weakens
Recently, the PTA market price has been at a high level and has been adjusted repeatedly. Fluctuations in crude oil prices have limited the room for PTA price increases. However, t…
“Buy up” failed and “promotion” failed! The polyester factory can no longer hold back: the FDY factory is ushering in centralized maintenance!
In recent times, international oil prices, which have finally escaped from the quagmire of falling prices, have begun to fall sharply again. At present, the risk aversion caused by…
Last month, the price of cotton yarn increased significantly due to the impact of cotton. After entering August, the wait-and-see trend was obvious, and market sales showed signs of decline!
Affected by the rise in cotton, the price of pure cotton yarn has increased and the increase has been relatively large. As of August 12, 2021, CY C32S pure cotton yarn closed at 26…
New cotton is about to be launched. There are some things that need to be emphasized.
In early August, Xinjiang cotton began to set bolls. Although the cotton was disturbed by weather in the early stage of growth, field management measures were strengthened in the l…
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Zhejiang Petrochemical Project has obvious benefits! Chemical fiber leader Rongsheng Petrochemical’s net profit in the first half of the year exceeded 6.5 billion
On the evening of August 12, Rongsheng Petrochemical released its 2021 semi-annual report. During the reporting period, the listed company achieved operating income of 84.416 billi…
The polyester staple fiber industry is ushering in a new round of scale expansion. Can short fiber futures and production expansion contribute to a new pattern?
Following the fiery expansion pace of the polyester filament industry, currently, the polyester staple fiber industry has also entered a new period of scale expansion, ushering in …
The epidemic is causing a downturn in downstream areas, and polyester factories can’t stand it: they are reducing production and promoting sales!
This week the profits of major polyester manufacturers soared 25 times, “Delta” conquered Southeast Asia, four mainstream polyester factories planned to reduce producti…