As profits rebound, why can polyester products buck the trend?
Recently, the profits of various downstream polyester products have improved significantly, turning losses into profits. Although polyester production has exceeded the 90% mark, it…
Why is there insufficient motivation for Zheng Mian’s short-term correction?
Since June 5, Zheng Cotton’s main CF2309 contract has continued to consolidate in the range of 16,500-17,000 yuan/ton. From the perspective of technology, position changes, and mar…
Upstream decline continues, ethylene glycol valuation passively repairs
Introduction: Recently, the upstream raw materials of ethylene glycol have shown a significant downward trend. Under this influence, the cost pressure of ethylene glycol plants has…
Production and sales soared to the “highest peak” of the year! This off-season for the polyester market is “extraordinary”…
June is originally the off-season for the polyester market, but this year the polyester market is “unusual.” The reporter learned that on June 14, the production and sa…
The freight war begins! Maritime trade volume has experienced negative growth, and freight rates in the East and West of the United States have fallen sharply.
Container freight index fell 45.54 points A few days ago, according to the announcement of the Shanghai Shipping Exchange, the Shanghai Export Container Freight Index (SCFI) droppe…
Cotton imports continue downward trend in May
According to customs statistics, my country’s cotton imports in May 2023 were 110,000 tons, a month-on-month increase of 30,000 tons, an increase of 37.5%; a year-on-year dec…
Why did China aggressively sign contracts for US cotton in 2023/24?
According to the USDA Export Weekly Report, in the week of June 9-15, 2023, the contracted volume of U.S. upland cotton exports in 2022/23 was 9,693 tons, a decrease of 57% from th…
Khmer prices eat up profits. When will the demand inflection point appear?
Cotton prices continue to rise. Compared with trading companies that actively quote prices, cotton spinning companies are forced to face the “soft cotton” market. Many …
PX: There were ups and downs in the first half of the year, but the pressure increased in the second half.
Introduction: In 2023, the Asian PX market first rose and then declined. In the first quarter, it was boosted by macroeconomic favorable conditions, especially the optimization of …
Staple fiber: It is not easy to rise or fall, and the second half of the year may be dominated by wide fluctuations
Introduction: Affected by demand and cost factors, the price of polyester staple fiber fluctuated widely in the first half of the year. Compared with the same period last year, the…