1. The big sales wave is coming! The promotion range of polyester filament is as high as 200-600 yuan/ton! (Popularity: ★★★★★★)
The May Day holiday is coming, and after half a month, the polyester filament sales are coming again! On April 22, the polyester factory once again held a large promotion, with a promotion range as high as 200-600 yuan/ton. The direct reason for the polyester promotion is the continuous decline of international oil prices on April 21. International oil prices ended lower for the second consecutive day, hitting another one-week low. WTI June crude oil futures closed down 2.10%, at $61.35/barrel; Brent June crude oil futures closed down 2.58%, at $65.32/barrel, both recording the largest closing decline since April 5, and marking the second consecutive day Hitting a new low since April 13.
2. Terminal spring and summer orders have missed the time window, and clusters in Jiangsu and Zhejiang all started to fall (Hot: ★★ ★★★)
Recently, the operating rates of most textile clusters in Jiangsu and Zhejiang regions have significantly dropped. The overall operating rate of Jiangsu and Zhejiang has dropped from about 80% in mid-March to about 76%. In addition, the operating rate of looms in Haining, Changxing and other places has dropped by 1%-2% compared with March. At present, terminal spring and summer seasonal orders have missed the time window, and subsequent autumn orders are mainly.
3. The giants have a showdown! The era of the “Three Kingdoms” of polyester is being rewritten, and this year it depends on the “two heroes” of refining! (Popularity: ★★★★)
Hengli Petrochemical and Rongsheng Petrochemical have outstanding performance in the first quarter of 2021. The company’s layout covers the entire industry chain from downstream chemical fiber to upstream refining, achieving the “from a drop of oil to a fiber” industrial chain advantage, thereby being able to rely on the cost reduction brought by the advantages of scale and the synergy brought by the integrated industry Effect, leading in all major financial indicators such as product cost per ton, gross profit per ton, gross sales profit margin and other major financial indicators.
Refining and chemical production capacity is the link with the highest investment intensity, the highest approval difficulty, and the longest construction period in the entire industry chain. From this perspective, PX refining and chemical upstream is also the most scarce among industry companies. Capacity allocation. At present, the two major projects of Hengli Refinery and Zhejiang Petrochemical, which have the fastest initial layout, have been put into operation successively. Hengli and Rongsheng are the first to enjoy refining profits and are already in the leading position in the industry.
4. Big news! China Cotton Association establishes China’s independent cotton standard system (Popularity: ★★★)
April , all parts of the country have entered the spring sowing stage one after another. On the 22nd, the China Cotton Association also sown a “cotton seed” – the “China Cotton” Production Management Specification (hereinafter referred to as the “Specification”), to promote the construction of an independent standard system for the industry. The release of the “Specifications” is an important exploration of establishing China’s independent cotton standard system. Its release and implementation will fill the gaps in the industry and shape the image of China’s cotton brand. “China Cotton” is a trademark registered by the China Cotton Association in 2009 with the State Administration for Industry and Commerce (now the State Administration for Market Regulation).
5. The predator is coming! Five major printing and dyeing groups in Shaoxing gathered in Keqiao Binhai District! (Popularity: ★★)
A few days ago, some members of the Shaoxing Municipal People’s Political Consultative Conference in Zhejiang organized a special trip to Shangyu District and Keqiao District to investigate the promotion of “cross-domain integration” in the printing and dyeing chemical industry. The research team went to the East Lake Chemical Project and Yuanjin New Materials Project in Shangyu Economic Development Zone, Hangzhou Bay, and visited five printing and dyeing group projects in Keqiao Binhai Industrial Zone, including Feiyue, Guozhou, Colorful Rainbow, Longxiang, and Hongda.
At present, the five major printing and dyeing group projects are accelerating their construction. Colorful Rainbow Group has completed the completion of all main factories; Guozhou Group has completed 90% of the total factory project; Longxiang Group has completed the factory building 70% of the total project; Feiyue Group has completed 50% of the total factory project; Hongda Group has completed piling construction and is implementing basement and foundation projects.
6. The US line is seriously liquidated! A cabin is hard to find! The price increase is coming! (Popularity:★)
Due to severe outflows at the West and East US air cargo terminals, shipping congestion at ports has become the norm. Recently, the freight rates for sea, air, express and other channels from the United States have increased sharply! A cabin is hard to find! The Suez Canal incident will also affect prices for shipments to the U.S. East Coast in the second half of April. Various carriers reported that the space shipped to the East Coast of the United States in April was significantly tighter than before. The US-Eastern freight rate also increased by 3% from last week to $6,212/FTU! </p