Many unexpected incidents occurred in the first half of 2022 both at home and abroad. The Russia-Ukraine conflict, the repeated epidemics, and the Fed's sharp interest rate hikes have led to violent fluctuations in the global commodity market. From the perspective of the cellulose fiber industry, VS Read More

Since 2018, Pakistani cotton production has reduced gradually, while downstream capacities keep expanding, resulting into the larger supply gap. In recent years, cotton imports have risen apparently. According to the Customs, cotton imports of Pakistan increased to 769kt in 2021/22 season, down 7.8% Read More

According to the National Disaster Management Authority, Sindh and Balochistan are the major cotton producing areas damaged. The crops in Balochistan are washed away and most crops in Sindh are in flooding. Flash floods appeared in some areas of Punjab, and though the damage on cotton production may Read More

In terms of the monthly rainfall, it can be obviously seen that the rainfall in Jul increases apparently, to reach 232mm in the major cotton producing areas, 155mm higher than last year. At the same time, though the rainfall data in Aug has not been updated, the condition continues in Aug, triggerin Read More

The fierce price competition in nylon filament market started in May and lasted until the end of August with no obvious signs of relief. In this nearly 4 months of gloomy demand, Fujian enterprises insisted on high operating rate for at least 2.5 months or more to gain more market share quickly with Read More

2. Different equipment and product positioningCompared with Zhejiang and Jiangsu NFY plants, Fujian NFY factories are more newly established, and they have a generally higher proportion of high-end spinning equipment. The production scale and product coverage of Fujian NFY plants are also relatively Read More