Mutated virus drags down crude oil demand! Gray cloth inventories have climbed to highs, and the polyester market has poured cold water on it again!

Mutated virus drags down crude oil demand! Gray cloth inventories have climbed to highs, and the polyester market has poured cold water on it again!



The COVID-19 epidemic has once again become the focus of the market’s greatest attention. Market analysts pointed out that the epidemic situation in the United States has wor…

Nearly 2,000 chemical companies were shut down for more than half a year without any reason and were punished according to law!

Nearly 2,000 chemical companies were shut down for more than half a year without any reason and were punished according to law!



In the past two years, amid the raging epidemic and rising raw material prices, many chemical companies have struggled to survive. What’s more, some chemical companies were f…

Amid double worries, where should PTA go in the future?

Amid double worries, where should PTA go in the future?



Introduction: The recent PTA market has taken turns between rising and falling. At the beginning of the week, the spot price of PTA once rose to 5,507 yuan/ton. However, as U.S. co…

Bullish expectations have increased, and with the support of multiple factors, the rush to harvest seed cotton this year may intensify

Bullish expectations have increased, and with the support of multiple factors, the rush to harvest seed cotton this year may intensify



After Xinjiang cotton came on the market in 2020, there was a large-scale rush to harvest, which in turn pushed the market price all the way up. This year, Xinjiang’s ginning…

A chemical company was ordered to pay compensation of 749 million! The amount of compensation accounted for nearly 30% of the net profit in the first half of the year!

A chemical company was ordered to pay compensation of 749 million! The amount of compensation accounted for nearly 30% of the net profit in the first half of the year!



On the evening of August 9, Luxi Chemical issued an announcement. The company recently received the “Civil Ruling” delivered by the Liaocheng Intermediate People’…

How to cool down the rush to buy seed cotton in 2021/22?

How to cool down the rush to buy seed cotton in 2021/22?



In August, most of the cotton areas in northern and southern Xinjiang ushered in persistent high temperature weather, cotton growth accelerated, and cotton yield, total output, and…

How to spin compact spinning well?

How to spin compact spinning well?



The quality advantages of compact yarn are well known, but if we only rely on compact spinning technology as a shortcut to improve spinning quality, and a large amount of related w…

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Congestion at US-Western ports worsens and will be hit hard in August! Maersk urges customers to return containers as soon as possible!

Congestion at US-Western ports worsens and will be hit hard in August! Maersk urges customers to return containers as soon as possible!



With the continued tight supply of market capacity and the recurrence of epidemics. Amid concerns about growing port congestion in Asia, delays at U.S. West Coast ports have resurf…

Ministry of Commerce warning: Vietnam’s textile and garment industry faces the risk of delivery delays and order losses!

Ministry of Commerce warning: Vietnam’s textile and garment industry faces the risk of delivery delays and order losses!



Vietnam has been one of the few “anti-epidemic pacesetters” in Asia since last year, but this round of “Delta” mutant strains failed to hold on. At present,…

Epidemic triggers supply and demand concerns, crude oil falls into turmoil

Epidemic triggers supply and demand concerns, crude oil falls into turmoil



After hitting a nearly seven-year high in early July, crude oil has fallen into a period of turmoil. The deterioration of the global epidemic situation has reignited concerns about…


 
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