Seeing from downstream profits, due to the sluggish market of styrene in 2023, the overall profit of various products has further declined. The profit of PS and EPS have continued to decrease, while ABS have flipped to negative from positive. In addition to raw material pressure, the rapid adjustmen Read More

Starting from May, due to the decline in crude oil prices, the overall support for styrene gradually weakened. After the Labor Day holiday, styrene price rapid declined. Due to the overall poor crude oil and the weak supply and demand of the whole industry chain, styrene market sustained weak and su Read More

Firstly, the chemical products and oil market did not perform well. As a result, sidelined attitude strengthened on downstream and upstream sectors. Secondly, price of BDO started falling from mid-May. Therefore, PTMEG price lacked solid support from the cost side. Read More

Imitation cotton yarn, also known as "cool cotton" or "mitation cotton" yarn, has existed for many years, but it has never gained as much popularity as this year. Most of the imitation cotton yarn is twisted together by POY and FDY yarn, and some are composed of POY and POY yarn, making the fabric t Read More

Some people believe that the reason behind the difficult situation of polyester yarn is due to the narrowing price spread between cotton and polyester, with cotton products becoming more advantageous. Of course, there are reasons in this regard, but it is definitely not the main reason. Before Augus Read More

In Jiangsu and Zhejiang provinces, the operating rate of downstream polyester filament weavers in 2023 is second only to that of 2021, higher than that of 2020 and 2022. In terms of yarn, the operating rate of pure cotton yarn is at a high level this year, second only to the best market in 2021, and Read More