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With a year-on-year growth of 114.44% and spanning three ten-year cycles, the domestic polyester leader has become the “revenue king” in Suzhou in the first quarter
Suzhou’s “Revenue King” Sheng Hong recently disclosed in the 2023 A-share first quarter report that Suzhou’s listed companies, which have officially finishe…
Demand is difficult to follow, and PTA prices are under pressure to correct
At present, as PTA processing fees have been repaired, the operating load of enterprises is expected to increase. At the same time, due to poor polyester profits and declining weav…
After falling for four consecutive weeks, market confidence has “bottomed out” and oil prices still have a “big test” ahead.
International oil prices rose first and then fell in the past week. Finally, they rose for four consecutive weeks and then fell for four consecutive weeks. Since the beginning of t…
Uniqlo: Will open 100 more stores in China in 2023
In the summer of 2023, nearly 30 UNIQLO stores will be launched in mainland China, mainly covering Dabei District and key cities in central China, including Hohhot, Qinhuangdao, Ch…
There are obvious changes in the export market! Where is the outlet? Interpretation of the latest foreign trade data in April
The General Administration of Customs released the latest foreign trade data on May 9. In the first four months of this year, my country’s total foreign trade import and expo…
The basis has weakened significantly, and PTA has entered a accumulation cycle. What will happen to the market outlook?
The PTA basis has weakened significantly recently, with the basis of the 2309 contract falling from the highest point of 800 yuan/ton this year to around 300 yuan/ton, and the basi…
Global crude oil demand is mixed, will OPEC+ further cut production?
This year, the weak economy in Europe and the United States has become a drag on global crude oil demand, and international oil prices have also continued to fall. On May 11, OPEC …
Can the rising trend continue? Can the rising trend of cotton continue?
Since the end of March, cotton prices have shown a steady upward trend, with a cumulative increase of more than 2,000 yuan/ton, spurred by multiple positive factors such as the red…
What are the dominant factors affecting future cotton prices?
Since last year, the main cotton contract CF309 has increased from the lowest of 12,315 yuan/ton at the end of October last year to the highest of 16,065 yuan/ton on May 8, with a …
Go to warehouse, transfer to production, and perform maintenance! The trend of ethylene glycol is “outstanding”
After the May Day holiday, the independent market trend of ethylene glycol in the polyester sector successfully attracted the market’s attention. Up to now, compared with PTA…