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PTA is no longer on the rise. Will polyester factories replace PTA factories as the new money printing machine?
Since November, as the raw material PTA has stopped rising, the futures market has fallen sharply, and cost support has weakened, the polyester product market has begun to correct …
Replacing assets and entering new industries, textile giants are still looking for a way out!
After the termination of major asset restructuring, the troubled Ruyi Group (002193) is still looking for a way out. An announcement on the evening of December 1 showed that the co…
It is expected that polyester staple fiber may be weak and volatile in December.
In November, domestic polyester staple fiber prices almost showed a unilateral decline, with only a short-lived weak rebound in the early part of the second half of the period. Acc…
The risk of crude oil supply and demand imbalance rising due to storage dumping and the impact of the epidemic.
Multiple negative impacts caused international oil prices to experience a cold wave in November. The front-month contract of WTI crude oil plunged 20.8% and entered a bear market. …
The global cotton supply and demand situation may be reversed in 2022
As the 2021/22 seed cotton harvest in China and the United States in the northern hemisphere comes to an end, more than half of Indian seed cotton has been sold, and cotton plantin…
International cotton prices will remain at a high level in 2021/22
The December global production demand forecast released by the International Cotton Advisory Committee (ICAC) believes that international cotton prices will remain at a high level …
How to reduce end breakage when unwinding roving
Preface With the continuous enlargement of packages and the extensive use of suspended roving frames, the phenomenon of end-breakage of rovings during unwinding of spun yarns has b…
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The national textile and apparel professional market sentiment index rose in November
The prosperity monitoring results of the China Textile Federation Circulation Branch show that in November 2021, the prosperity index of national textile and apparel professional m…
Shenghong successfully delivered 260,000 tons/year acrylonitrile
On November 30, the major project in Jiangsu Province, the second-phase propane industry chain project of Sierbon Petrochemical, reached a key node. The air separation unit was suc…
If the global economy is fully open, oil prices will rise to $150
Jefferies analyst Christopher Wood said on Wednesday (December 1) that oil prices are likely to rise “significantly” from current levels given the world’s heavy r…