Price of polyester industrial yarn gradually stabilized after declined obviously in Nov, and profit of PIY kept high during most of 2018 except for Nov, with annual profit to be higher than that in 2017. Although PIY market is supposed to welcome capacity startup peak in the next 2 years, the PIY ma Read More

ICE cotton futures market declined after global economic growth forecast was cut by OECD again. Read More

China's "aggressive" tax cut plan for 2019 highlights the central government's determination to promote high-end manufacturing and could motivate enterprises to increase investment despite the temporary slowdown in industrial profits, experts said on Tuesday.The comments came after Premier Li Keqian Read More

In end-Dec, many market players expected inventory burden of polyester sector to be huge during the Spring Festival holiday, so many polyester units released turnaround plan in advance. By end-Dec, more than 10 million tons of capacity was scheduled to start maintenance or cut production, but after Read More

An alliance of global companies from the plastics and consumer goods value chain launched a new organization to advance solutions to eliminate plastic waste in the environment, especially in the ocean.The cross-value chain Alliance to End Plastic Waste (AEPW), currently made up of nearly 30 member c Read More

Price is expected to be consistent with cost. Price of polyester feedstock cost was largely in range-bound in the first half of 2018 and experienced a sharp up-and-down in the second half of year.Price of cationic dyeable products was more volatile in 2018 compared with 2017 amid sharply fluctuation Read More