In Houzhen Industrial Park, the PBAT/PBS biodegradable plastics integration project of Shandong Alliance Group New Material Co., Ltd. broke ground.The project has a total investment of 3.35 billion yuan and covers an area of 610mu. It adopts the leading solvent absorption technology in China, which Read More

China's central bank continued to inject funds into the financial system through open market operations on Tuesday.The People's Bank of China said on its website that it has conducted 29 billion yuan (about 4.21 billion U.S. dollars) of seven-day reverse repos at an interest rate of 2 percent.The mo Read More

According to China Cotton Association's investigation over 1975 growers and 10 major cotton belts in February 2023, the cotton planting areas are likely to be 42.1196 million mu nationwide, down 3.7% year on year. The reductions are in‘mainland’provinces, and are ascribed to the disappointing profit Read More

The growth of new orders after Spring Festival failed to reach expectation but market remained positive since there’s still some time before the traditional peak season in Mar and Apr. According to our research, many viewed recent fall of 13,600-14,000yuan/mt in cotton as a short-term relatively low Read More

Prior to the Spring Festival, end-use demand was expected to recover. Commodity futures and stocks market, as well as PX, PTA, PFY and PSF prices advanced obviously. After the Spring Festival holiday, however, the rosy expectation for demand recovery did not materialize. Migrant labors returned late Read More

This article will mainly analyze the possible impact of the earthquake on the local nylon industry. After investigating several factories and traders involved in the Turkish textile industry, we may conservatively assume that the impact of the earthquake on the local nylon-related textile industry w Read More