
EIA data exceeds expectations, Brent oil price breaks through the $80/barrel mark during the session
Recently, in the atmosphere of tense relations between Russia and NATO, concerns about geopolitical risks have resurfaced, pushing oil prices up sharply. International oil prices h…

Large-scale layoffs, this clothing “old Internet celebrity” is shocked in fiscal year 2022!
On December 22, it was reported that a Mogu Street employee revealed on a social platform that Mogu Street was undergoing large-scale layoffs. According to the news, Mogujie’s layo…

Polyester filament may be dragged down by demand and show a downward trend!
Introduction: On December 28, the cost end of polyester filament yarns operated warmly due to the synchronization of international crude oil and PTA. However, as the Spring Festiva…

Two chemical fiber giants join hands: Tongkun’s annual output of 2.4 million tons of new intelligent functional fibers and 200,000 tons of DTY differentiated fiber projects are located in Fujian!
On December 28, Fujian Henghai New Materials Co., Ltd. held a company establishment unveiling ceremony and project land leveling commencement ceremony. Mayor Wang Jinzu, Municipal …

ICE cotton futures “four consecutive positives”, foreign cotton inquiries reduced
Since late December, ICE cotton futures have experienced “four consecutive positives”, with the main March contract breaking through 105-110 cents/pound and the trend o…

Several manifestations of cotton processing enterprises’ wait-and-see attitude towards cotton
As we are about to enter 2022, the cotton purchase work in Xinjiang has been completed, and lint processing, warehousing, and public inspection have also come to an end. However, t…

Indian cotton transactions continue to be deserted, and cotton exports drop sharply year-on-year
According to feedback from several international cotton merchants and cotton importing companies, since late December, the spot and MCX futures prices of domestic cotton S-6, J34, …

Why is Vietnam’s yarn export so outstanding?
According to reports from foreign analysts, despite the negative impact of the new crown epidemic, the operations of Vietnamese spinning mills have withstood the test and have rece…

The demand side is the most critical factor affecting the trend of spandex
According to the price monitoring of SunSirs, the domestic spandex market has accelerated its downward trend since November. As of December 30, the average market price was 63,800 …

The three giants Hengli, Rongsheng and Hengyi dominate the list. Private refining and chemical companies help the three polyester giants exceed the market value of 100 billion!
On December 28, the 2021 petroleum and chemical private enterprise sales revenue ranking press conference was held online. Hengli Group, Zhejiang Rongsheng Holding Group, and Zheji…