Under the continual outbreaks of epidemic in many regions, especially in some key textile markets, the transportation and downstream plant production was impacted, further impacting the sales of recycled chemical fiber sales. Meanwhile, the consumption of soft drinks and mineral water reduced, espec Read More

Recycled PFY, especially high-end and eco-friendly re-PFY, has seen prices lower continually in the second half of the year. Moreover, market demand was soft and operating rate was low. It was heard that some plants only ran at around 20-30%. Read More

HC virgin PSF prices lowered successively since Nov, weighing on HC re-PSF market. HC re-PSF trading prices were flexible, and could be lower for big deals. Plants focused on selling. In Zhejiang, prices were dampened with fierce competition, even lower than the neighboring cities’. End-user orders Read More

For close virgin PSF, some producers adjusted lower the offers by 100-200yuan/mt with lower virgin PSF market, and some producers maintained. The sales were under negotiation overall. Producers reflected that sales slowed down, and inventory accumulated. In Hebei, some plants cut production or suspe Read More

We can understand the price recovery in the commodity market. For commodity markets, cost and valuation determine their prices, and changes in interest rate expectations will obviously affect the cost of capital, which in turn adjusts the valuation of the corresponding financial commodity. But this Read More

Sep and Oct are the traditional textile buoyant season, but why the cotton textile product prices move lower significantly? It was mainly because the market was dominated by de-stocking and capital recouping with weak downstream demand and accumulating inventory. Read More