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Multiple factors may cause spandex prices to rise, and the release of new production capacity will accelerate industry reshuffle.
The raw material BDO has surged during the month, and the downstream peak season is approaching. The price of spandex, which has been sluggish for a long time due to multiple facto…

New cotton is about to be launched in large quantities, and acquisitions are unusually deserted. Why?
“Brother, you are nearly 67 years old. It is too hard to stay in the cotton fields so late. You must pay attention to your health!” At about 10 o’clock on Monday …

Crude oil breaks through and goes down, is there room for decline?
WTI crude oil’s support at the US$80/barrel mark failed last Friday, and Brent crude oil also fell below the US$85/barrel mark on Monday, both hitting new lows since January …

Demand is sinking, the cotton market is looking for a bottom
Last week (September 19-23), as the Federal Reserve raised interest rates, the cotton market continued to decline in search of a bottom, and the main December contract of ICE cotto…

After deep adjustment, domestic and foreign cotton markets fell in resonance
That week (September 19-23), under the influence of the Federal Reserve’s sharp interest rate hike, the commodity market began a wave of deep adjustments. The domestic and fo…

Inventory: five major advantages of compact spinning
Compact spinning is a new spinning technology that is spun on an improved new ring spinning machine. The main spinning mechanism is: a condensation area is added in front of the tr…

Crude oil plummets, polyester chain decline continues
Concerns about economic recession intensified. Stocks and bonds in European and American markets both crashed last Friday. The U.S. dollar soared to a new high, crude oil plummeted…

Be alert! There is a wave of strikes in the country, and the shipping company issues a notice to adjust the shipping schedule
Strike wave in UK Railways, telecommunications, docks, postal services, lawyers… Unions in many industries in the UK recently announced workers’ strikes. Liverpool, the…

Crude oil bulls are “retreating steadily”, and what are the odds of winning for bargain-hunting funds?
Faced with the U.S. dollar hitting new highs and the increasing risk of a global economic recession, crude oil bulls are “retreating.” As of 17:30 on September 27, the …

Going against the trend and increasing investment in R&D and production capacity, the annual PTA production capacity target of 10 million tons will be achieved in 2025…
On September 22, 2022, Xinfengming announced that it plans to invest in a new 150,000-ton surfactant and 100,000-ton spinning oil project in Dushan Port Economic Development Zone, …