Profit promotion, polyester industry chain destocking in off-season
May to July is the off-season period for the polyester industry. However, this year, since May, the polyester operating rate has continued to rise, reaching a level of 90% in June,…
Performance disclosures of several polyester leading companies reflect the current status of the industry
Recently, listed companies have entered a period of intensive disclosure of interim reports. Among them, the data disclosed in the semi-annual reports of leading polyester companie…
The atmosphere is improving, and positive factors promote the continued recovery of the oil market
Oil prices rose further on Friday after Russian Deputy Prime Minister Alexander Novak said Russia would not rule out imposing quotas on oil product exports to stabilize domestic ga…
The performance is strong, and short-term PTA is still dominated by long positions.
Since July, while other commodity futures have been relatively weak, various varieties of the polyester industry chain led by PTA have performed strongly, hitting a new high in the…
Weather triggers speculation, cotton prices may fluctuate accordingly
On July 24, ICE cotton futures continued to rise slightly. Market trading was mainly driven by higher grain prices in Chicago and continued dry and hot weather in western Texas. Ba…
This off-season is a bit “busy”, and polyester factories are “packing lightly”. Can the peak season be expected?
June to July is the traditional off-season for the polyester market, but this year’s performance is completely different from the “off-season”. The operating rate…
Bullish surprise, oil prices soar! The pattern of “strong in the east and weak in the west” may continue…
Bullish surprise, international oil prices soar! Last night, international oil prices continued to rise, with U.S. oil rising by more than 3% and Brent oil rising by more than 2.8%…
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European and American freight rates staged a major counterattack! The European line surged 31.4%, and the West American line rose another 10.1%.
European freight rates finally staged a major counterattack, with a sharp increase of 31.4% in a single week, and a 10.1% increase in the Western United States week (an increase of…
It can’t rise, it can’t fall! Cotton companies are waiting to reserve cotton
Several cotton textile companies in Jiangsu, Zhejiang, Shandong and other places reported that since late July, the main CF2401 contract of Zheng Cotton has continued to consolidat…
Positive resonance, PTA maintains a strong pattern in the short term
After May Day, terminal weaving orders improved, and polyester loads rebounded counter-seasonally. The PTA industry has experienced two rounds of production cuts and load reduction…