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Polyester yarn is trapped in a vicious cycle again, the textile market is tepid, and the operating rate has dropped again…
“Golden Nine and Silver Ten” has always been a saying in the textile industry, and its status is no worse than the “Little Indian Spring” from March to May.…
The energy crisis is devouring everything, and the European textile industry is in a nightmare…
Since the beginning of this year, the unprecedented energy crisis has caused steel plants and aluminum smelters to close down in many places in Europe. Now, this wave of bankruptci…
Supported by crude oil market fluctuations, PTA decline slows
01 The mid-term election is approaching, and oil prices may continue to fall. The Secretary-General of OPEC spoke this week that energy demand will increase significantly by 23%, f…
The purchase price of seed cotton increased slightly, and the market had a strong wait-and-see sentiment.
This week, the seed cotton purchasing market in Xinjiang and the Mainland has been operating strongly. The price of seed cotton has increased to a certain extent compared with last…
Demand concerns intensify, polyester chain continues to fall
The polyester chain continued to fall after the holiday, and ethylene glycol experienced a large cumulative decline. Today, PTA and short fiber continued to turn green, with PTA fa…
Freight prices have fallen for 17 consecutive weeks, and freight rates may fall to pre-epidemic levels by the end of the year
A large amount of new shipping capacity has been delivered, but market demand is constantly decreasing. The peak season during the National Day Golden Week is not busy, and freight…
The trends of seed cotton and Zheng cotton deviate from each other, how will the market outlook perform?
Entering this week, the purchase price of seed cotton in Xinjiang and the Mainland has been rising. The purchase price of machine-picked cotton in Xinjiang has reached a high of 6.…
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The U.S. may release crude oil reserves, which will be negative for oil prices, and the downside risk for oil prices will increase.
On October 18, news that the United States may once again release 10-15 million barrels of strategic reserves on a large scale caused international oil prices to fall to the lowest…
Private polyester leader takes the lead, a new round of PTA rapid expansion cycle is coming
Another 2.5 million-ton PTA device is about to be officially put into production! Private polyester leaders are leading the second round of PTA rapid expansion cycle. Weilian Chemi…
The supply-side “story” continues, and PTA’s near-end conflicts remain strong
Demand is weaker but supply reductions are more significant In the generally weak state of chemical products this year, PTA with high basis difference and high profit can be regard…