From the point of acrylic fiber plants, the increase of acrylic fiber price is only a matter of time considering the increased ACN prices. But it is learned that the inventory of major AF plants is still at over 10,000 tons, which may be unfavorable for future sales amid the soared AF price due to t Read More

Viewed from the price of raw materials, cash flow of acrylic fiber has turned negative since ACN price moved up by 900yuan/mt after the holiday. And considering the settlement of ACN in February, which is likely to increase to over 11,000yuan/mt, the cash flow of acrylic fiber will reach about -665y Read More

Recently, the acrylic fiber market has been waiting for the new offers of plants. News has been that acrylic fiber price is expected to move up by about 500yuan/mt in February. However, judging by the ACN price as of Feb 10, which rose by 900yuan/mt, a 500yuan/mt increase of acrylic fiber seems too Read More

For polyester yarn, polyester/cotton yarn and other varieties, the silver lining was that the inventory was reduced to a low level before the holiday, and spinners were in no hurry to conclude new deals in order to exchange for capitals. So the price decline of polyester yarn and polyester/cotton ya Read More

Before the Spring Festival, when the textile market was already on holiday, PSF futures prices rose for more than a week on the optimistic expectation that demand would recover after the optimization of epidemic prevention and policies. After the festival, however, the PSF futures market fell contin Read More

The influence of Turkey's earthquake is still ongoing, and many products in the textile industry are also affected. According to customs data, China exported 69.7kt of VSF to Turkey in 2022, accounting for 22% of the total export volume, which is the most important product among cellulose fibers. Th Read More