2018-08-02

PTA market showed bullish trend with the push of funds recently.As for the logic of the rise of PTA, in fact, if you look at the upstream and downstream, it is really reasonable.　First, crude oil fell, but the decline was not deep and may keep firm with the possibility of the block of the Strait of Read More

2020-05-27

Lotte Chemical has invested 161.7 billion won to acquire a 4.46 percent stake in Japanese chemical company Showa Denko.The move is seen as reflecting Lotte Group chairman Shin Dong-bin's intention to take over Japanese chemical companies with strong technologies.Lotte Chemical bought Showa Denko sha Read More

2020-05-27

Operating rate of fabric mills and dyeing plants both climbed up, which seemed to be largely similar to the situation in Mar, while manufacturers had different feelings. In Mar, especially in the first half of Mar, factories were eager to finish the orders taken before the Spring Festival holiday, b Read More

2020-05-27

Operating rate of downstream fabric mills and dyeing plants both increased compared with Apr. Read More

2020-05-27

PFY companies enlarged discounts with higher cost, and downstream plants increased purchasing feedstock again, pushing up sales ratio of PFY. Price of PFY slightly rose after stocks decreased, with price of POY, FDY and DTY up by 6.7%, 10.6% and 5.2% respectively compared with end-Apr. Cash flow of Read More

2020-05-27

Sales of polyester filament yarn improved again in mid-May, and price slightly moved up, which was mainly attributed to rising cost.Price of crude oil ascended, with price of WTI and Brent up by 68.9% and 37.8% respectively to $31.82/bbl and $34.81/bbl respectively in May, which was mainly because i Read More