Extreme quotes! Tough time!

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Extreme quotes! Tough time!

May. 11, 2022

April is the time of spring and the traditional peak season for the Christmas craft industry industry. March is the first best month and April is the second best month.

Look: a steady stream of fabric is coming into the factory, go for it Nan Shen people!

 

Extreme quotes! Tough time!

 

In 5 days, oil prices soared to $41/barrel and fell back to $26/barrel in a single day. just 9 trading days since March, the international crude oil price amplitude of 41.6%, which is very rare in history. Also staged extreme performance of PTA, ethylene glycol, cotton and other bulk textile raw materials, such as the market so practitioners can not stand, forcing more and more companies began to hesitate, which brought the lack of liquidity to the market. Price fluctuations have also brought a huge test to the entity textile enterprises. The risk overshadowed the opportunity, which makes the entity industry's business procurement decisions become more difficult.

 

Extreme quotes! Tough time!

 

Demand is difficult to volume, raw material outbreak is difficult to show

Polyester market needs to wait

 

Comprehensively speaking, from the upstream raw materials, in the Russian-Ukrainian struggle for 3 weeks after the premise of the probability of de-escalation, people basically difficult to see the explosive good crude oil appeared, crude oil downward pressure will continue to exist in the raw material market, in other words, if the polyester raw material market to strengthen, there will be a lot of resistance. Homeopathic reasoning, has always been the focus of polyester raw materials polyester filament in the case of raw materials softening is also bound to make some negative reflections, so from the upstream polyester side, in the short term they will not bring any substantial benefits to polyester filament.

 

Extreme quotes! Tough time!

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