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The COVID-19 pandemic infection peak has been passed in fabric manufacturing bases in Zhejiang and Jiangsu. The worry of production resumption after the Lunar New Year’s (LNY) holiday has been mitigated. Buyers were active in purchasing spandex after the New Year’s Day. Price of PTMEG and MMDI stabi
On May 3, Covid-19 pandemic suddenly broke out in Jiangyin and spread fast. As major producing area, Jiangyin takes up 27% of total direct-spun PSF capacity in China. Many direct-spun PSF plants have cut or suspended production due to poor profit. After the outbreak, Huahong was informed to shut dow
“The world’s transport sectors and their workers face immense, ongoing pressures and difficulties arising from the COVID-19 pandemic. I am pleased therefore that we have now established a Joint Action Group that will review the impact of the COVID-19 pandemic on these workers and encourage governmen
The COVID-19 pandemic continued spreading across the Europe and consumers’demand for various materials was high. Transportation demand was stable on the market. The ports were still seriously congested in Europe. The average utilization rate of seats at Shanghai port was around 100%. On Sep 10, the
