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The second phase of Zhejiang Petrochemical has been approved to import crude oil quota of 12 million tons! The new 800,000 tons unit may be put into trial operation in November, and the ethylene glycol market is under pressure again!
On October 25, continuing the previous momentum, international oil prices continued to rise on Monday. The price of U.S. WTI crude oil fluctuated significantly during the session. …
“Refining + ethylene + coal chemical”, Hengli Petrochemical Company’s revenue and profit scale hit new highs
Hengli Petrochemical (600346) disclosed its third quarterly report for 2021 on the evening of October 27. The company achieved a cumulative operating income of 151.489 billion yuan…
Are there any opportunities for a rebound in overall PX profits in the future?
After intensive maintenance in the early stage, PTA’s current upstream profit distribution shows a trend of high on both sides and low in the middle. Naphtha cracking profits…
Textile industry: A new energy supply and energy consumption layout is unfolding
In recent times, the “power rationing and shutdown wave” has swept more than 10 provinces across the country, and news related to “power rationing” has been…
Attention! The Port of Los Angeles and the Port of Long Beach announced that starting from November 1, they will charge new surcharges to shipping companies!
Currently, a large amount of goods are backlogged at major ports in the United States and cannot enter the country’s supply chain. According to data from the Southern Califor…
The continued rise has triggered downstream resistance and polyester prices have loosened. Will polyester enter a downward channel in the fourth quarter?
“Golden nine and silver ten” have always been the industrial characteristics of the chemical market. However, since late October, domestic chemical futures have general…
Spandex prices may fluctuate at high levels
The domestic spandex market is stable this month (October), and most manufacturers maintain stable operations. According to the price monitoring of SunSirs, the average market pric…
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Zhejiang Longsheng releases third quarter report of 2021
At noon on October 28, Zhejiang Longsheng released its third quarter report for 2021. In the third quarter, the company achieved operating income of approximately 4.153 billion yua…
Causes and solutions of dyeing blemishes
Abstract Introduced the classification and causes of common defects in dyeing and finishing production, and analyzed color unevenness one by one from the aspects of color quality, …
Global cotton supply will be short, Indian cotton prices hit record highs
Domestic cotton prices in India have soared to 63,000 rupees per kandy (356 kg) as low production, increased demand and supply constraints have driven up prices in the global marke…