The operating rate of DTY plants, fabric mills and printing and dyeing plants extended lower in recent weeks when the attendance rate of workers was seriously insufficient after more workers were infected by COVID-19. Operating rate of DTY plants declined to 28% in Zhejiang and Jiangsu: around 40% i Read More
In the first quarter, the market was almost closed during the Spring Festival. After the holiday, the new wave of COVID-19 cases in Northeast China and the epidemic control policy in other areas of China weighed on production of enterprises, circulation of staffs, transportation and freight cost. In Read More
VFY market generally performed well in 2022 when the price was gradually climbing up coupled with increasing sales. There was faster price rise in the first half of the year, and the price began to stabilize in the second half of the year with slower sales. Read More
Northwest China's Xinjiang Uygur Autonomous Region has seen its energy mix constantly improving, with its installed capacity of new-energy power generation topping 40 million kilowatts for the first time in January 2023. The region's installed capacity of new-energy power generation has increased to Read More
The African market has gradually risen in recent years, especially in 2018-2019, some domestic production lines have also been transferred to Africa. Therefore, the exports to China has increased rapidly from 2019. Imports in 2020 have grown by 28%, mainly from South Africa and Nigeria, but in 2021 Read More
Vietnam started to exert force in 2018. Following the solid waste ban, domestic plants moved to foreign countries gradually. Vietnam has gathered solid re-PSF and a few HC virgin PSF plants. Imports in 2018 soared to 13,113 tons and reached 30,567 tons in 2021. It was mainly attributed to the demand Read More
