There is a common perception in the market that the price of cotton is higher than that of VSF, and there is correlation between the two, but is this really the case? It appears to be “abnormal” that the price of cotton and VSF has been much close recently and due to the continued high price of cott Read More

In downstream market, DTY and fabric mills purchased polyester filament yarns and staple fibers intensively for preparing the stock after PTA and MEG futures rebounded. The inventory of PFY and PSF both declined. Moreover, the cash flow of polyester products slightly improved after the prices stabil Read More

The companies on the list not only have large revenue, but also are relatively strong in various fields. However, among the top 500 companies, the profitability of Chinese companies still lags behind the average level, and there is even widening gap. The average profit of the 145 Chinese companies i Read More

Some participants think that high price of VSF is the main reason for the shutdown of spinners, which is one of the reasons and the price of VSF has been pushed up by several factors. The continued rising cost is caused by imported dissolving pulp and cannot be solved by Chinese plants. At the same Read More

It is obvious to see the difficulty of the industry when spinners with strong financial strength in Chengle of Fujian province united to cut production by 50% previously. Spinners in other areas have almost reached a tacit agreement as some of them shut down the lines after running out of raw materi Read More

In the first half of 2022, the Russia-Ukraine war impacted the world economy and led to higher prices of energy; Higher-than-expected inflation in the world, especially in the United States and major European economies, has led to a tightening of the financial environment; regional public health pro Read More