In Oct, Vietnam imported 73,500 tons of yarns, up 0.4% year-on-year but down 1.7% month-on-month. In terms of countries, the main origins of yarn imports in Oct were China, China Taiwan and Thailand. Of the total, 43,917 tons of yarns were from China, 10,671 tons were from China Taiwan, and 6,947 to Read More
Vietnam's cotton imports in Oct reached 140,200 tons, up 11.7% over the same period last year yet down 0.9% from the previous month. Australia was the main source of Vietnam's cotton imports in Oct, with 82,702 tons of imports, accounting for 59% of the total imports. Imports from U.S. and Brazil re Read More
The prices drifted lower with great volatility. In the first half of 2022, prices of most products hovered high, continuing the strength and getting supported by strong feedstock. In the latter half, however, with Fed’s hiking interest rate sharply, commodity market was bearish. Demand was sluggish Read More
In the first quarter of 2022, companies were under strains with high plant operating rates. In the beginning of 2022, chemical fiber price continued the strength, however, product inventory kept increasing with plant operating rate on the high side. In late Feb, international crude oil prices spiked Read More
On November 25th, 2022, Invista Nylon adipic dinitrile (ADN) production base was officially completed in Shanghai Chemical Industrial Park (SCIP), after a long period of preparation and construction. As the largest investment project in the history of Invista, this production base marks the formatio Read More
On November 18 2022, the EIA documents of the 200kt/year hexanediamine, 300kt/year adipic acid and 400kt/year nylon 66 project of Fujian Fuhua Guli Petrochemical Co., Ltd were accepted. The total investment of the project is 8.36 billion, the construction site is located in Zhangzhou Gulei Petrochem Read More
