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The recycled PET bottle flake market may consolidate before the holidays
Towards the end of the year, oil prices fluctuated upwards, and related products, polyester chips, rose with the support of cost. Coupled with the tight supply of wool in winter, r…
Another coal-to-ethylene glycol project has been suspended!
Inner Mongolia Yuanxing Energy Co., Ltd. Announcement on the termination of the ethylene glycol project of Xilingol Sunit Alkali Co., Ltd. The company and all members of the board …
These aspects lead to cylinder inlay
When the cylinder is inlaid, the cylinder rack cannot effectively puncture, open and comb the cotton whiskers. It will also rub and cut the spinnable fibers, which will increase th…
The Big Mac project has become the fifth largest refinery in the world, the petrochemical industry is facing tremendous changes, and Rongsheng Holdings has achieved outstanding results in 2021!
Rongsheng Petrochemical announced on the evening of January 12 that its holding subsidiary Zhejiang Petrochemical’s 40 million tons/year refining and chemical integration project (…
Crude oil is on the strong side, LPG leads the decline in the energy and chemical sector
Affected by the market’s optimism about the outlook for oil demand, crude oil futures have continued to rebound in recent days. As of yesterday’s close, the main domest…
Review of polyester staple fiber industry trends in 2021
Polyester staple fiber is one of the polyester products. As of December 2021, the short fiber production capacity was 8.72 million tons, the output was 7.081 million tons, and the …
International oil prices continue to rise, and U.S. oil companies begin to increase production ahead of schedule
Recently, international oil prices have continued to rise and have now reached the $80/barrel mark. This is not only the responsibility of the United States for printing money, but…
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ICE cotton futures: short-term market sentiment is optimistic
Recently, the performance of ICE cotton futures has been strong. The main contract has hit a new high in ten years. The Zheng cotton CF2205 contract has also hit the resistance lev…
The cotton spinning industry is about to enter a holiday state, and logistics encounters challenges
Recently, the COVID-19 epidemic has spread in Tianjin and Henan, and the number of confirmed cases continues to increase. The situation is more serious. Since the infection this ti…
USDA: Can U.S. cotton export shipments complete the task this year?
The U.S. Department of Agriculture’s January supply and demand forecast states that as of December 30, U.S. cotton sales (cumulative shipments + pending shipments) for 2021/2…