When end-user demand continues to be sluggish and intermediate link fails to boost the market, the upstream segments of the industry chain including yarn and VSF almost have no choice but to cut production apart from trying to compete for the remaining market share. However, there is still something Read More

Even with such huge losses, most of the traders and fabric mills still purchase raw materials to meet the minimal requirements without speculative intentions. It is reasonable for fabric mills and yarn traders to be cautious because of fewer orders and losses. As for traders, the days of account rec Read More

The trading mood of rayon yarn market has been muted since Sep, and panics have been increasing in the spinners day by day when downstream plants have almost reached the agreement of taking holidays ahead of time. If rayon yarn sales stagnate now, the backlog of inventory and funds will be unimagina Read More

In terms of demand, the apparent demand for ABS from January to October in 2022 is 4.686 million tons, down 1.89% year-on-year. Among them, the production is 3.609 million tons, up 6.72% year-on-year, and the import is 1.142 million tons, down 22.01% year-on-year. The overall demand for 2022 does no Read More

The adjustment of the supply-side structure has a great impact on the overall profit of ABS, of which the overall China domestic supply capacity is insufficient before 2020, and some of the plants commenced sporadically cannot keep up with the growth of demand. The long-term supply shortage has give Read More

Judging from the overall ABS market, the cash flow begins to decline at the beginning of the 2022, and losses exist for a long time in the middle of the year. Although it returned to make profits in the second half of the year, the space is limited. In 2022, due to the high price of crude oil, the o Read More