Polyester factories are aggressively cutting their meat, promotions cannot change the textile market, and production and sales may reappear in a phased downturn.
On August 30, at a critical point near the end of the traditional peak season, polyester factories once again started price reduction promotions, with prices as high as 600-800 yua…
Increased supply and decreased demand are the main negative factors for PTA
Introduction: In the blink of an eye, it has reached the end of the third quarter. The PTA market has been fluctuating recently. The spot price of PTA at the end of August fell 11.…
To curb capital’s excessive speculation in cotton, the rules for cotton reserves have changed. Only textile cotton companies can bid for their own use!
On August 23, China Cotton Reserve Management Co., Ltd. and the National Cotton Trading Market jointly issued the “Announcement on Matters Concerning the Rotation of Central …
BASF and other chemical giants have been forced to suspend production due to large-scale force majeure. What will be the economic impact of Hurricane Ida?
Recently, Hurricane “Ida” made landfall near Port Fulgion, Louisiana, with maximum sustained wind speeds of 150 miles per hour (241 kilometers per hour), reaching the m…
In the first seven months, the profits of national textile industry enterprises increased by 4.2% year-on-year.
According to the National Bureau of Statistics, from January to July this year, the total profit of industrial enterprises above designated size nationwide was 4.92395 billion yuan…
“Golden Nine and Silver Ten” are approaching, can polyester filament open an upward channel?
[Introduction] The long-awaited month-end promotion has arrived as scheduled. Polyester filament manufacturers have concentrated on profit-making for shipments, while downstream us…
A brief analysis of the characteristics and production management of intelligent doffing machines
The use of intelligent doffing machines can save doffing time, reduce labor intensity, and improve labor productivity. This is one of the effective ways to solve the current proble…
As warehouse pressure rises, PTA processing fees may fall back to high levels
Summary ●In August, OPEC+ began to increase production and crude oil prices weakened. PTA cost-end price support has weakened, the operating rate of downstream polyester factories …
Why did home textile exports hit the brakes?
According to customs statistics, my country’s home textile product exports from January to July were US$18.44 billion, a year-on-year increase of 44.8%. However, the cumulati…
It is difficult for cotton mills to raise sales prices, and cotton prices are cautiously bullish
Last week, international cotton prices rose, driven by institutional investors, and the arrival of Hurricane Ida over the weekend also contributed to the situation. The Federal Res…


