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Affected by supply and demand pressure, ethylene glycol may remain at a low level.
Data source: Jin Lianchuang In August, the domestic ethylene glycol market was weak and volatile. The price fell below 4,000 yuan/ton, and the low-end price was 3,840 yuan/ton. The…
Deeply chilling, the semi-annual reports of the six private polyester giants have been released one after another!
In the past few days, an internal speech by Huawei founder Ren Zhengfei has once again made waves in WeChat Moments. The title of the article is: “The entire company’s …
Leading brands have collectively encountered Waterloo. Will the textile industry usher in a market turnaround in the second half of the year?
Statistics from the Bureau of Statistics show that from January to June, the total revenue of the textile and clothing and apparel industries above designated size nationwide was 6…
Is it inventory transfer or order recovery? Is the market turning around soon?
The traditional peak season of “Golden Nine” has arrived, but although it has entered September, it seems that the peak season is still not in sight, but there is no ne…
Margins of supply and demand improve, PTA prices show slight resilience
In the context of seasonal rigid demand for terminal orders, polyester load is expected to rebound slightly. PX and PTA will continue to be destocked in September, and PTA prices w…
U.S. cotton has undergone major adjustments, and it is difficult for Zheng Cotton to survive alone
That week (August 29-September 2, 2022), Zheng cotton maintained a volatile downward trend, and fell below the 10,000 mark in daily trading on Friday, with the lowest point once fa…
Traders are not active in following the decline, and imported yarn transactions have reached a semi-stagnant state.
According to feedback from cotton yarn traders in Guangdong, Jiangsu, Zhejiang, Fujian and other places, affected by factors such as the continuous sharp decline of ICE cotton futu…
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Supply and demand expectations are improving, and the polyester chain is exploding across the board
International oil prices have stabilized, and the market’s expectations for polyester and downstream supply and demand are improving. The polyester chain broke out across the…
The results of crude oil diplomacy have returned to zero. What is the impact of OPEC+’s small production cuts?
Yesterday evening, representatives of OPEC+ stated that the organization would reduce production by 100,000 barrels per day from October to bring supply back to August levels. The …
The ethylene glycol market may fluctuate widely in September
In August, the domestic ethylene glycol market fluctuated and fell. The high point during the month was 4,325 yuan/ton in the first ten days of the month, and the low point was 3,8…