Market summary

Device dynamics:

Due to a surprise attack on environmental protection factors, the Xiamen polyester plant ushered in a wave of shutdowns!

1. Due to environmental protection requirements, two sets of polyester plants with a supply of 380,000 tons of a factory in Xiamen temporarily shut down, involving products polyester filament, polyester staple fiber and chips. The restart time is yet to be determined.

2. Due to environmental protection factors, the polyester bottle flake device with an annual output of 240,000 tons in East China No. 1 Plant will be shut down for maintenance yesterday afternoon, and the restart time is yet to be determined.

Our company: Runteks polyester filament(RECYCLED FDY SD DDB100D/36F /RECYCLED CD DTY 150D/48F), polyester staple fiber(HCS 3Dx32MM/HCS 7Dx64MM/7D/15Dx32MM/64SHA) and chips are still in stable production and hot sales.For details, please check our relevant pages.

Macro overview:

Although the production and sales data improved during the promotion, the overall trend was unequal. The price of polyester filament rose and fell each other yesterday, and the overall performance of the production and sales data was mediocre. In addition, ethylene glycol fell sharply in the night market, and today polyester filament yarns show a steady but weak trend.

Hot events:

1. Once the United States lifts tariffs, textile exports are bound to rise!

According to the customs export data in September, the monthly export value of textiles and clothing to the United States has reached the highest level in 5 years. According to the data of the 11th category of customs exports, the domestic export value in September exceeded US$5.5 billion, +4.11% year-on-year , Accounting for 19% of the total domestic textile exports, basically the same as the same period last year.

2. Five provinces and 17 cities issued "stop work orders"! Many companies have suspended production restrictions, and the lifting time is yet to be determined!