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Destocking is expected to slow down, and PTA follows cost fluctuations
On the supply side, PTA maintenance was intensified in April, market supply and demand continued to improve, and inventory removal was accelerated. In May, Hengli, Xinfengming 2#, …

During the production cycle, how do PTA manufacturers survive the reshuffle period?
In early February this year, major manufacturing companies launched maintenance plans one after another, which was accompanied by a reduction in the supply of contracted goods from…

Breaking out late at night! OPEC+ confirmed that it will maintain its plan to increase production from May to July, and oil prices rose instead of falling. How will India’s “tsunami-like” epidemic affect the global supply chain?
OPEC+ confirmed that it will maintain its production increase plan from May to July Last night and this morning, OPEC issued a statement on its official website, confirming that it…

The rise of trendy brands! The retail sales of the four major brands including Anta and Xtep all achieved double-digit growth in the first quarter!
Recently, Anta Sports, Xtep International, 361°, and Li Ning have successively announced unaudited first quarter operating conditions. The retail sales of the four major domestic b…

Will the out-of-control epidemic in India have a big impact on my country’s cotton yarn imports?
Since mid-March, the epidemic in India has continued to attract high global attention. According to the latest data released by the Indian Ministry of Health, as of 8:00 local time…

Foreign cotton continues to rise, traders actively ship goods
According to CFTC statistics, since the beginning of April, as the main forces of ICE cotton futures have continued to oscillate and rebound from 78.97 cents/pound, ON-CALL point p…

Fund net longs begin to rebound, cotton prices trend better
On April 26, ICE cotton futures continued to decline in early trading despite the strength of the external grain market. Technical overbought triggered some selling. In addition, r…

Drafting waves, mechanical waves, uneven evenness…analysis of common problems in roving
1 Draft wave The unevenness caused by the drafting of the cotton sliver is expressed in a waveform and is called draft wave. This is due to the speed change point caused by the flu…

4.1 billion yuan loan officially landed! Latest updates on Shaanxi’s 400,000-ton coal-to-ethylene glycol project
Recently, Shaanxi Yulin Energy Group Co., Ltd. successfully extracted its first loan of 53.0848 million yuan from Shanghai Pudong Development Bank, marking the official syndicated …

Net profit increased by nearly 50% year-on-year! In the first quarter of 2021, Hengyi Petrochemical delivered a beautiful report card
On the evening of April 26, chemical fiber giant Hengyi Petrochemical (000703.SZ) disclosed its first financial report for 2021. Data show that in the first quarter of 2021, Hengyi…