• Preview In SEOUL 2023  / Seoul International Textile Fair
    Preview In SEOUL 2023 / Seoul International Textile Fair Aug 15, 2023
    There will be a grand textile and weaving exhibition from August 23rd to August 25th, 2023 in Seoul, South Korea, bringing a rare event to the textile industry, designers and weaving enthusiasts, as one of the largest and most influential textile and weaving exhibitions, Runteks will brings a professional design team, samples, and experts to discuss with the buyers about the latest trends and innovations in the textile and weaving field . During the exhibition, Runteks will display various textile materials and other related products. From raw materials to finished products, both natural fibers and synthetic fibers, will attract the attention of the audience with their unique textures and innovative design methods. Runteks will also show the latest textile technology and equipment, including digital textile technology and environmentally friendly textile materials, showing the latest progress in the technological and sustainable development of the textile industry. The purpose of participating in this exhibition is not only a showcase of products and technologies, but also an opportunity to promote industrial exchanges and cooperation. Exhibitors and visitors can meet face-to-face with us on site to share experiences, explore cooperation opportunities and build lasting business connections. Textile industry practitioners, designers, enthusiasts and professionals in related fields are highly recommended to attend this event. Whether you want to learn about the latest textile technology or look for innovative design inspiration, you can find the answer at this exhibition. At that time, Runteks will present you a wonderful blooming textile and weaving feast. We are located at booth number H18 and welcome you to explore the beauty and innovation in the field of textile weaving with us.
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  • Development and application of special polyvinyl chloride material——A kind of super matte anti-see-through, anti-ultraviolet sunscreen fibers and fabrics
    Development and application of special polyvinyl chloride material——A kind of super matte anti-see-through, anti-ultraviolet sunscreen fibers and fabrics Sep 12, 2023
    How to avoid embarrassment when dressing for summer? How to be both sun-protected and comfortable when moving outdoors? Translucent and UV-resistant fibers and fabrics may provide the answer. In summer, people usually choose some light, breathable clothing to withstand high temperatures, so light-colored light fabrics become the first choice. However, light-colored and especially white clothing will inevitably have clothing see-through problem, to Shaoxing Huiqun new materials as a representative of the Donghua - Hybrid Technology Industrialization Alliance (DH-HyTlers) to develop super matte anti-transparent, UV-resistant sunscreen fibers and fabrics can be very good to improve such problems. R&D Background Generally speaking, fiber morphology and type, fabric structure, dyeing performance, finishing process will affect the fabric's anti-transparency and UV resistance, and most enterprises will change the weaving method and apply coating finishing process to the fabric for anti-transparency treatment. However, the change of weaving method will affect the breathability and comfort of the fabrics, and it is difficult to increase the rate of anti-transparency, while the coating finishing process will cause the coating to fall off after washing, which will affect the anti-permeability and anti-ultraviolet performance of the fabrics. Therefore, at present, the method of adding anti-permeability and sunscreen materials in fibers is chosen to improve the above problems. Organic-inorganic hybridization of fibers for anti-permeability technology To solve the problem of fabric see-through, it is necessary to fabric wrapped fiber matting treatment, one of the methods is to add inorganic mantle dioxide particles in the fiber, and inorganic matter added to organic polyester will encounter dispersion problems, easy to cause fiber breakage, the current general technology, can be achieved by adding about 2.5wt% and shaped cross-section to achieve the full matte, ultra-lightless or ultra-matte, but it is difficult to achieve Anti-transparency of thin and light fabrics/clothing. In addition, the technical industrialization of the anti-permeability series products is an extension and expansion of the organic and inorganic hybridization technology of Huey Kwan New Materials on the basis of the organic and inorganic hybridization technology that won the second prize of the National Invention Award. At present, Huey Kwan New Materials has established alliance-type cooperative relationship with local textile fabric enterprises in Shaoxing. In the future, the company hopes to expand the application of this technology, continue the industrialization of related technical achievements, and promote and apply green, high-functional, regenerative and sustainable fiber materials and products for the benefit of the ecology and the people.
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  • International oil prices plummeted 7%! Russia plans to increase April
    International oil prices plummeted 7%! Russia plans to increase April "discounted crude oil" exports! The price of Chips is temporarily stable. Mar 30, 2022
    Trending 1. International oil prices plummeted 7% Oil prices fell about 7 percent on Monday to their lowest level in more than a week, on worries about a slump in energy demand, while hopes of progress in peace talks between Russia and Ukraine eased concerns about energy supply risks. As of the close, the May contract of WTI crude oil futures closed at $105.96/barrel, a decrease of 6.97%; the May contract of Brent crude oil futures closed at $112.48/barrel, a decrease of 6.77%. 2. OPEC+ hints at sticking to plan to increase supply moderately OPEC+ signaled that they still see no need to adjust oil supply plans even as the Russian-Ukrainian conflict has left markets facing the biggest turmoil in decades. "If the market is balanced with supply and demand, and resources are in the market, we will not add more resources," Suhail Al-Mazrouei, the UAE's energy minister, told a conference in Dubai on Monday. He added that OPEC+ is not concerned about whether the reduction in Russian oil exports is causing imbalances. 3. Russia plans to boost exports of “discounted crude oil” in April It is reported that Russia plans to increase the export scale of Urals crude oil in April, which is expected to increase to the highest in nearly 3 years. Russia's confidence may lie in the fact that the current oil price continues to be high, and the Urals crude oil discount is very high. Russia's Lukoil reached a crude deal in which it sold 100,000 tons of Urals crude at a discount of $31.35 to Brent, data from U.S. agencies showed. Market overview Crude oil situation: WTI May crude oil futures settled down 6.09% at $105.96 per barrel; Brent May crude oil futures settled down 9.12% at $106.66 per barrel. Macro overview: The tight supply of goods at some ports has not yet eased, and warehouse receipts continue to flow out, but terminal expectations are not good. The high absolute price restrains the demand for polyester replenishment. Polyester has the intention to jointly reduce production. In the future, the daily supply and demand of PTA will be greatly reduced. The slump in prices drags down the cost and mentality of chemical products, the spot price of PTA will decline, and the low processing range may continue.
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  • Covid-19 increasingly serious in China
    Covid-19 increasingly serious in China Mar 24, 2022
    The Novel coronavirus outbreak, ravaged by a variety of new strains of coronavirus, shows no sign of ending,with the daily number of new infections remaining high.With the rapid development of the new wave of epidemic, Chinese many provinces are faced with the epidemic prevention and control situation dominated by the mutant omicron strain at the same time. The situation is grim and complex. Recently, there have been multiple outbreaks of COVID-19 in China, and the number of cases in Shanghai and Shenzhen, two major financial centers, has continued to rise, but the momentum has not been effectively contained. Shenzhen and Dongguan have pressed the "pause button" due to the epidemic. Buses and subways have been suspended, and all non-essential flows and activities have been suspended. Factories, enterprises and industrial parks are under closed management. Shanghai has also upgraded its control measures, asking residents to leave the city only when necessary Due to Covid-19 increasing serious, cause most of delivery time are delayed. Wish everything will resume normally soon.
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  • Russia's oil supply is interrupted, oil prices rising to $150 in three months is not a dream? However, slices and bottle flakes continued to fall, and the market was bleak!
    Russia's oil supply is interrupted, oil prices rising to $150 in three months is not a dream? However, slices and bottle flakes continued to fall, and the market was bleak! Mar 11, 2022
    1. Is it a dream that oil prices rise to $150 within three months? Vitol Group, the world's largest independent crude trader, said the global oil market is likely to get tighter as Russian oil supplies are disrupted and producers such as Libya face supply problems. This could push up oil prices further. Oil prices soared above $115 a barrel after Russia invaded Ukraine. Mike Muller, head of Vitol's Asia operations, said on Sunday: "Oil prices are going to zigzag. While I think the world is already pricing in the fact that Russia won't be able to export a lot of oil in the Western Hemisphere, I think we also There is no comprehensive pricing." His views are in line with those of several commodity hedge funds such as Goldman Sachs and Wall Street banks. The banks believe oil could hit $150 a barrel in the next three months. 2. Intercontinental Exchange (ICE) Raises Margin for Brent Crude Oil Futures by 32% ICE said it will raise margin requirements by 32% for the ICE Futures May Brent crude futures contract starting Friday. Margin is the amount of money investors must put in in order to trade and hold futures contracts. 3. DuPont issued a price increase letter again! The highest soaring 6700 yuan / ton! On March 10, DuPont issued a price increase notice saying that due to the current international market conditions, from March 15, DuPont will increase the prices of some products such as PA, PET, POM, and elastomers globally, with a maximum increase of up to 6,700. yuan / tonne! The specific increases are as follows: Market overview Crude oil situation: WTI crude oil futures closed down 2.46% at $106.02 per barrel; Brent crude futures closed down 1.63% at $109.33 per barrel.   Macro overview: Crude oil prices continued to adjust at a low level overnight, and cost support weakened; new orders in the terminal market were limited, and the mood for replenishment was general, and polyester was mainly purchased for rigid needs; 
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  • Ukraine declares a state of emergency, and the oil price rally is not over yet! Slices and bottle flakes fluctuated in a narrow range, can they take advantage of the east wind to rise further?
    Ukraine declares a state of emergency, and the oil price rally is not over yet! Slices and bottle flakes fluctuated in a narrow range, can they take advantage of the east wind to rise further? Feb 25, 2022
    Trending 1. Ukraine declares a state of emergency, and the United States and Europe expand sanctions against Russia Ukraine shifted to combat readiness on Wednesday, declaring a state of emergency starting at midnight on February 24 for 30 days, mobilizing reservists and calling on Ukrainian citizens to leave Russia immediately, warning of an imminent full-scale Russian invasion. At the same time, the United States and Europe also announced increased sanctions against Russia. U.S. President Joe Biden on Wednesday announced sanctions against Nord Stream 2 AG, the operator of the Nord Stream 2 project. It is a Swiss company whose parent company is the Russian gas giant, Gazprom. Earlier, Germany had announced the suspension of the approval plan for the Nord Stream 2 pipeline. 2. The United States considers releasing the Strategic Petroleum Reserve to deal with soaring oil prices Foreign media quoted people familiar with the matter as saying that the Biden administration is considering using its emergency oil supply again to cooperate with allies to deal with the surge in oil prices caused by tensions between Russia and Ukraine. There is a "robust dialogue" underway within the government, including potential price point triggers and how to coordinate the release of reserves with other countries, and modelling to determine the size and scope of any possible release. Market overview Crude oil situation: Crude oil fell back after a sharp rise in the U.S. market. WTI crude oil closed up 0.65% at $93.89 per barrel; Brent crude oil closed up 0.9% at $96.88 per barrel; Macro overview: The continuous rise in crude oil prices in the early stage drove the price of PTA upwards, and the trading logic of crude oil in the future will shift from storage to accumulation. PTA production capacity has further increased. When the operating rate is around 86%, the weekly production data of PTA has reached a record high. Although the operating rate of polyester is higher than expected, PTA is still accumulating slightly. At present, the operating rate of polyester factories is better than market expectations, but the terminal demand is weak.
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  • Affected by the epidemic, many polyester factories and textile enterprises have cut production and stopped production!
    Affected by the epidemic, many polyester factories and textile enterprises have cut production and stopped production! Dec 14, 2021
    1.Today's market transaction average price Product daily average price increase PX 843 +13 PTA Spot goods 4685 +25 MEG Spot goods 4897 +42 SD Chips 6120 0 Bottle flakes 7600 +100 POY150D/48F 7090 0 FDY150D/96F 7225 0 DTY150D/48F 8595 0 Yarn 11800 0 Viscose staple fiber 12750 -10 Polyester staple fiber 6865 0 CPL 13500 +100 Nylon FDY 17600 -100 MDI 20200 0 40D Spandex 68500 -2000 2.Today's sales Product Numerical value variety Polyester filament 39.1% +5% Polyester staple fiber 148.65% +102.88% Polyester chips 40.31% -17.54% 3. The price of Brent crude oil is expected to hover around US$76 per barrel in 2022. 4. Commonwealth Bank of Australia: Concerns about the severity of the Omi Keron variant have eased, helping the oil market to get rid of pessimism, and oil prices may be supported in the short term. 5. The official closing price of onshore RMB against the US dollar at 16:30 Beijing time was 6.3631, which was 73 points higher than the official closing price of the previous trading day, and 69 points higher than the closing price of the previous day and night.
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  • Saudi crude oil prices rise; Polyester chips prices rise!
    Saudi crude oil prices rise; Polyester chips prices rise! Dec 07, 2021
    1. The Central Bank: Lowering the deposit reserve ratio of financial institutions In order to support the development of the real economy and promote a steady decline in comprehensive financing costs, the People's Bank of China decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding financial institutions that have implemented a 5% deposit reserve ratio ). After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.4%, and this time the RRR cut has released a total of about 1.2 trillion yuan in long-term funds. 2. Saudi Arabia raised the official price of some crude oil Saudi Aramco raised the January price of oil sales to Asia and the United States, and raised the January price of Arab light oil to Asia to a premium of US$3.30 per barrel. Market summary Crude oil situation: WTI January crude oil futures closed up 4.87% to US$69.49/barrel; Brent’s February crude oil futures closed up 4.58% to US$73.08/barrel. Production and sales yesterday: The PTA period is now on the strong side, and some polyester chip factories have taken the opportunity to ship, and low-priced sources still exist. As of 16:00 yesterday, the factory's mainstream production and sales were 108.95%, an increase of 53.50% from the previous working day. The specific production and sales data are as follows: 100%, 120%, 100%, 0%, 20%, 80%, 200%, 80%, 0%. Macro overview: The PTA operating rate continued to decrease, and futures warehouse receipts continued to flow in, but the speed margin was slowing down. The physical inventory of goods in the last cycle increased by nearly 15,700 tons. The polyester operating rate was stable during the week, and the polyester filament factory plans to increase the scale of production reduction, or further drag down the polyester operating rate. Looking at the trend, PTA is in a downward channel. From a structural point of view, PTA futures are near-low and far-high, and the forward processing fee is significantly better than that of the near-end. Port inventory continued to accumulate and market sentiment was not good. Yesterday, East China spot closed down to 4788 yuan/ton. The polyester end load continues to decline, and the demand end performance is not good. However, the overall domestic supply increase and decrease, the international crude oil rebounds strongly, and the short-term domestic ethylene glycol market is expected to rebound weakly. The East China spot price negotiation range is expected to be 4700-5000 yuan/ Ton. Today's factory quotation In the morning, the center of gravity of MEG's internal trading rose slightly, and the market was a little stalemate; today's prices have stabilized and moved slightly. At present, the polyester chip market in East China is negotiating for semi-gloss chips at 6000-6100 yuan/ton, and for bright chips at 6,150-6400 yuan/ton. Affected by the rise in crude oil and the closure of some domestic res...
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