From the perspective of the downstream of PET bottle chips, most soft drink enterprises are in the maintenance season, and plants have turnaround by turns. Most producers are operated at around 40-80%. Most of the edible oil plants are operated at around 50-70%, and the overall end users’ demand is Read More

Seeing from the upstream cost side, whether it is crude oil or PX-PTA industry chain, the recent market supply and demand pattern and trading sentiment are relatively weak. Influenced by the global economic recession and inflation, and the continued momentum of aggressive interest rate hikes in Euro Read More

The reasons for the decline in both price and profit of PET bottle chips are mainly due to three points. First, the price of upstream raw materials has been weak for a long time, and there is little support for the RMB price of bottle chips. Second, most of the downstream large customers have finish Read More

The stronger raw materials and energy as well as labor and transportation have indeed led to rising production cost of spinners, which is part of the reasons that have caused losses. However, the main pressure is from lackluster demand that has resulted in lower price acceptance and less purchasing Read More

It is a difficult year for China textile market in 2022. Most spinners are struggling with losses, including cotton yarn, polyester yarn and rayon yarn. Cotton yarn continue to suffer deep losses, which are just reversed for about two months after cotton price slumped in the third quarter. Later, as Read More

Vietnam's textiles and apparel exports in Sep reached 2.725 billion USD, up 19.7% year-on-year but down 31.9% month-on-month respectively. In terms of countries, Vietnam exported 980million USD worth of textiles and apparel to US, 380million USD to Japan, and 378million USD to South Korea, accounti Read More