End consumption slowed down, slipped and even shrank, and consumption degradation appeared, which led to downstream traders’ lower requirement on cotton yarn quality. Instead of quality, they paid more attention to cheap price and lower cost. According to the reflection of cotton yarn mills and fabr Read More

China is a big textile and apparel export country with high proportion of cotton textile exports. The main consumption in destinations including Europe, US and Japan was high-leveled textile and apparel while the consumed products in countries of South Asia were lower-leveled. Countries in Europe an Read More

Shenghong has so far raised the operating rate of its first new 2 million mt/yr PX line gradually to 65% since the trial run in early Nov, and is poised to further hike to 80%. The other line with same capacity is under inspection and if the handover is successful, it may begin trial run in Dec and Read More

Nylon 6 DTY is one of the most nylon filament products sees most intense competition this year, especially DTY 70D, whose margin has been compressed to the extreme low. In the good times of previous years, the price difference between DTY 70D and nylon 6 high-speed spinning chip (short as HS chip) w Read More

PTA market has been under the downward pressure since November as new PX and PTA capacities are scheduled to start and more polyester plants are to cut output. Based on TA2301 and PX January paper goods, PTA margin has been compressed to very low level. In PTA spot market, the spot liquidity remaine Read More

Pakistani cotton yarn exports reached around 13.2kt in Oct 2022, down greatly by 8.3kt on month. The exports only accounted for 41% of the same period last year, and were even lower than the lowest point of 16.2kt when epidemic broke out in 2020. The averaging monthly exports hit new low in recent d Read More