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In the short term, PTA prices may rise slightly
After experiencing a weak November, the PTA market has digested the negative news recently and finally ushered in a rebound. According to price monitoring, PTA has recently experie…
Taiwan Chemical’s 1.5 million tons/year PTA project ground pipe installation officially begins
On December 5, the first section of the deep foundation pit and large-diameter underground pipes of the Taihua PTA project constructed by the Fifth Branch of Nanjing Engineering Co…
Terminals start the “Spring Festival holiday” ahead of schedule, and spring orders have not yet started in large numbers
Last week, with the escalation of epidemic prevention and control in Xiaoshan, Shaoxing, and Ningbo, Dalang Town, the “Global Wool Textile Center” in Dongguan, also beg…
Long and short intertwined, the two-way fluctuations in the RMB exchange rate may intensify?
In the coming year of 2021, the RMB exchange rate has appreciated slightly by about 2.5%, but overall it still fluctuates in both directions within a reasonable range. The annual f…
9 2-million-ton polyester factories: Who is targeting downstream texturing plants and weaving plants? Next year’s big reshuffle, it’s weaving’s turn!
China’s polyester production capacity has increased from 5055 million tons in 2017 to 66.975 million tons in 2021. Most of the new ester production capacity is the expansion …
Losing money just starting work? Electricity prices have risen by 60%, and chemical companies’ electricity bills have increased by 6 million per year! Next year’s tariff adjustment plan is out!
In October this year, the National Development and Reform Commission issued a document calling for deepening the reform of electricity prices. Among them, it was clearly stated tha…
PTA prices rise and fall without obvious driver
Recently, the PTA market has adjusted within a narrow range, and the terminal market orders are not sustainable. The downstream polyester load remains at around 80-81%, and there i…
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Congestion, epidemic, high demand! Air freight prices have doubled, reaching a record high! Air transportation becomes “hot cakes”
Ports around the world are congested and freight costs are rising as soaring consumer demand is met in the run-up to Christmas. Biden saves supply of Christmas goods by cleaning up…
alert! 17 textile factories in Shaoxing were suddenly shut down! what happened?
The epidemic is an order, and prevention and control is a responsibility. In the past few days, the Qianqing Street Epidemic Prevention and Control Supervision Team has carried out…
The new year is approaching, are textile bosses ready? This year’s New Year’s Eve is even sadder than 2021 when the epidemic broke out!
The new year is approaching, and the market situation in various places has been changing recently. Overall, shorts are greater than longs, and textile companies are facing difficu…