1. Cotton! Positive! (Popularity: ★★★★★★★★)
On January 26, the Yongan City Center for Disease Control and Prevention inspected a company in the city to import cotton (entered Yongan on January 24) The outer packaging was proactively inspected, and in the early morning of January 27, it was determined that one of the outer packaging samples tested positive for the new coronavirus nucleic acid. At present, this batch of cotton has been completely sealed and has not flowed into the market. All relevant personnel and contacts have been quarantined, and the external environment has been disinfected in accordance with regulations.
The outbreak of imported cotton may cause relevant parties to strengthen inspections and the customs clearance time will be lengthened. This will have a certain impact on the delivery speed of textile companies.
2. Stay strong and upward! The highest price difference increased by 171.1%, and the crazy spandex continued to rise! (Popularity: ★★★★★★★)
Recently, the price and spread of spandex have continued to rise. The price of spandex 40D has increased from 28,500 yuan/ton in September 2020 to 42,500 yuan. / ton, an increase of 49.1%, and the price difference of spandex 40D rose from 7295 yuan / ton to 19775 yuan / ton, an increase of 171.1%. The downstream of spandex is mainly the textile and apparel industry. Against the background of continued increase in domestic and foreign demand, the industry prosperity is expected to increase.
3. The Saudi capital was attacked by missiles! Oil prices rose instantly, and the Saudi stock market plunged (Hot: ★★★★★★)
Last Tuesday, an explosion was suddenly heard in Riyadh, the capital of Saudi Arabia. Some witnesses also reported hearing two loud bangs and seeing a small plume of smoke above the capital just before 1pm local time (10am GMT). Saudi Arabia’s Al Arabiya television cited local reports of the explosion, and videos circulated on social media claiming to show the missile being intercepted over Riyadh. There was no immediate comment from Saudi authorities and no claim of responsibility. After the explosion, international oil prices rose instantly, turning from falling to rising. Saudi stock markets also plunged.
4. Conquer the world with terminals, Hengli makes great strides to enter the gas station market (Popularity: ★★★★★)
On January 27, according to Hengli Energy Management Guangdong Co., Ltd., Hengli Energy Rushao Gas Station in Shaoguan, Guangdong officially opened. It is understood that Hengli Energy relies on the strong oil production capacity and resource supply advantages of the group’s upstream petroleum refining to invest tens of billions to develop the refined oil retail market and build the “Hengli Energy” self-owned gas station retail brand. At the same time, it has reached a strategic cooperation with Lubrizol, one of the largest companies in the global additive field among the Fortune 500 companies. Lubrizol will continue to customize fuel additive formulas for Hengli Energy that meet the characteristics of the Chinese automobile consumer market, helping Hengli Energy to provide high-quality fuel.
5. South Korea launched an anti-dumping investigation into China’s fully drawn polyester yarn (Hot: ★★★★)
On January 27, the Korea Trade Commission issued an announcement stating that at the request of the Korea Chemical Fiber Association, it would launch an anti-dumping investigation into polyester Filament Fully Drawn Yarn (FDY) originating in China. . The Korean tax number of the product involved is 5402.47.9000. The dumping investigation period in this case is from July 1, 2019 to June 30, 2020, and the damage investigation period is from January 1, 2017 to June 30, 2020. Except for another extension (2 months), the preliminary ruling will be made within 3 months from the date when the announcement of the filing of the case is published in the official gazette.
6. Huafeng Chemical: The subsidiary plans to invest 4.36 billion yuan to build a 300,000 tons/year differentiated spandex project (Hot: ★★★)
Huafeng Chemical (002064) announced on the evening of January 25 that after careful research, the company proposed that its holding subsidiary Chongqing Spandex invest in the construction of a 300,000 tons/year differentiated spandex project. The project total Investment 4.36 billion yuan. After this project is put into production, the company’s overall scale will be further expanded, the proportion of differentiated products will be further increased, and the market share and influence will be significantly increased.
7. The first mask maker made a net profit of 900 million during the epidemic (Popularity: ★★)
Shandong Daun Polymer Materials Co., Ltd. (hereinafter referred to as “Daun Shares”), the “No. 1 mask stock”, released its 2020 performance forecast on the evening of January 22. It is expected to achieve a profit attributable to the parent company during the reporting period. Net profit was 834 million yuan-922 million yuan, a year-on-year increase of 401.71%-454.54%. Dawn Co., Ltd. explained that the reason for the change in the company’s performance during the reporting period was mainly due to the company’s significant increase in sales of melt-blown materials for epidemic prevention materials based on its technological accumulation in the field of melt-blown materials, and at the same time, some new products developed by the company were put into production.
8. For the first time, Vietnam has become China’s sixth largest tradeEasy Partner (Popularity: ★)
According to the “Voice of Vietnam” report, data released by the General Administration of Customs of China show that in 2020, the bilateral trade volume between Vietnam and China reached a record high A record $192.2 billion, an increase of 18.7%. Among them, Vietnam’s exports to China increased by 22.4%. Tao Viet Anh, Commercial Counselor of the Vietnamese Embassy in China, commented that this is an optimistic result of trade exchanges between the two sides. He said: “Vietnam continues to affirm that it is China’s largest trading partner in ASEAN. The most noteworthy thing is that in 2020, Vietnam continuously surpassed Australia and Germany to become China’s sixth largest trading partner in the world.” </p
