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How much impact has the recent severe weather had on Xinjiang cotton?
According to reports, since April 20, with the invasion of cold air and extreme late spring cold, snowfall, low temperature, and freezing weather have occurred in the cotton planti…

Among the three Musketeers of the polyester chain, who has the most upside potential in the medium to long term?
PTA began to stop falling and rebound in late March. However, this upward trend has been quite unsatisfactory, often advancing three times and retreating two steps. Last Friday, fu…

Analysis of the causes of end-breakage in rotor spinning machines
It is impossible to completely avoid yarn breakage in rotor spinning production. The yarn breakage will have a certain impact on the output, quality and manufacturing rate of cotto…

Xinjiang Tianye’s first-quarter net profit increased significantly year-on-year! The 600,000-ton ethylene glycol project is expected to enter formal production in the second half of the year
On April 24, Xinjiang Tianye released its 2020 annual report. The report showed that the company achieved revenue of 8.993 billion yuan in 2020, a year-on-year increase of 5.21%; n…

Just now! ExxonMobil, BP and Shell were sued for this reason!
New York City recently filed a lawsuit in New York state court against three major oil companies and top industry trade groups, saying the companies have been selling “cleane…

Another increase + suspension of production! Starting from May 1st! Nearly 100 giants such as Dow, BASF, and DuPont have suspended production and raised prices again!
Now, what else is not going to increase in price? At the end of April, Coca-Cola announced that it would increase beverage prices to cope with the impact of rising commodity costs.…

Acquired 257 acres! Jiangsu Lianfa Textile has expanded its overseas presence in Indonesia and built another large-scale yarn dyeing, weaving, dyeing and finishing production factory!
On April 19, Jiangsu Lianfa Textile Co., Ltd. and Jiangsu Suzhong Construction Group Co., Ltd. held a signing ceremony for the general contracting of Suzhong Construction of the In…

The reshoring of orders from India has not yet been determined, but orders have been forced to stop! An epidemic has broken out in another country, and there are reports of port closures. You should be more careful about canceling orders before orders return!
Recently, the market has been rumored that the epidemic in India is out of control, and overseas orders may return to the country. We textile people seem to have seen some familiar…

Big buyers of crude oil are on the verge of collapse. How will OPEC+ save the oil market?
OPEC and its allies expect global oil demand to usher in a strong recovery this year, but the recent outbreak of the epidemic in India has cast a shadow on the oil outlook. OPEC ex…