1.Surge across the board! The OPEC+ crisis has boosted the rise of crude oil, and the rising price of polyester yarn has once again bombarded the market! (Popularity: ★★★★★★)
OPEC+ canceled the oil production policy meeting originally scheduled for Monday. International oil prices continue to rise, and Brent oil has fallen sharply since October 2018. It broke through $77 intraday for the first time. Moreover, the polymerization cost increased by more than 200 yuan/ton on the 5th, and the cost support was extremely obvious. Under this boost, the price of polyester filament will still show an upward trend on the 6th, with the price increase generally being around 100-200 yuan/ton.
In addition to the price increase of polyester filament, nylon FDY, DTY and POY increased by 400-500 yuan/ton, spandex generally increased by 1000-2000 yuan/ton, and rayon TR The general price increase is 500-1,000 yuan/ton.
2. Another increase of 4,000 yuan/ton! Major raw material manufacturers have announced the suspension of production, and the atmosphere of supply tension is strong. The price of spandex is about to rise! (Popularity: ★★★★★)
A spandex factory issued another notice: various specifications The price of spandex yarn 15d-18D increased by 4,000 yuan tons, and that of 20d-40D increased by 3,000 yuan tons.
The main reason for the price increase is raw materials. On July 2, Covestro sent a letter announcing that its 420,000 tons/year MDI device in Brunsbitt, Germany, will Force majeure comes into effect. It is reported that the MDI device was stopped during routine maintenance and stocking for the device from August to September. The reason for the stop was an unexpected failure of the production system. It is unclear how long this situation will last, but it is expected to cause a significant delay in the supply of all MDI products.
3. Avalanche! PTA, crude oil, short fiber, and ethylene glycol all fell one after another (Hot: ★★★★)
In the middle of the night on July 6, crude oil prices experienced significant fluctuations. Oil prices suffered the largest decline since the end of May. Brent prices fell directly from a high of 77.84 to a low of 74.13, with a huge intraday fluctuation of 3.7 US dollars. The big negative line also made the market feel chilly.
Domestic energy and chemical products also fell sharply in the night trading. Chemicals such as PTA fell to the limit, and chemical products such as staple fibers, ethylene glycol, and plastics also experienced sudden changes. Market sentiment seems to have changed dramatically overnight, and all of this stems from the market’s fear of the unknown.
Financial Network News on July 7: The domestic futures market opened in early trading. Commodity futures generally fell. Fuel and PTA fell by more than 4%, while rapeseed meal and short fiber fell by more than 3%. , coke, asphalt, etc. fell by more than 2%, palm, Zheng cotton, etc. fell by more than 1%, soda ash, beans, etc. fell slightly; only a few varieties such as hot coil and thread increased slightly.
413.6 million! Make a lot of money! Wanhua Chemical’s net profit in the first half of the year is expected to increase by 373% to 380% (Hot: ★★★)
On the evening of July 8, Wanhua Chemical released 2021 According to the semi-annual performance forecast, it is expected that the net profit attributable to shareholders of listed companies in the first half of 2021 will be 13.4 billion to 13.6 billion yuan, which will increase by 373% to 380% compared with the same period last year.
Regarding the changes in performance, Wanhua Chemical stated that in the first half of 2021, Yantai MDI equipment completed technical transformation and expansion of 1.1 million tons/year. The company’s MDI production capacity was further improved, and new equipment such as million tons of ethylene was put into operation. , the output and sales volume of main products increased year-on-year. In addition, as the global COVID-19 epidemic eases, demand in the downstream market improves; some chemical plants in overseas areas are affected by factors such as extreme weather, resulting in tight global supply and rising prices of chemical raw materials. The company’s main products have increased in volume and price compared with the same period last year, and operating results in the first half of the year have increased significantly year-on-year.
5. Major warning! Affected by the skyrocketing price of spandex, a large number of counterfeit spandex has appeared in the market recently! (Popularity: ★★)
Xinxiang Chemical Fiber Co., Ltd. issued a solemn statement regarding the recent appearance of counterfeit Egret spandex products in the market.
The article stated: The quality of Egret spandex products has outstanding advantages in the industry and has been widely praised by the industry and sought after by customers. However, some time ago it was discovered that a batch of spandex products illegally manufactured and sold under the “Egret” brand appeared on the market. The Egret spandex produced by the company is produced in Xinxiang, Henan Province, and there are no production branches or outsourced factories. Customers are requested to purchase Egret spandex products from the Xinxiang Chemical Fiber Spandex Marketing Department or official cooperative dealers to avoid unnecessary losses. Our company has nothing to do with the losses caused by customers purchasing products through informal channels.
6. Breaking news! Another major textile factory lost tens of millions and was forced to transfer! (Popularity: ★)
Anhui Huamao Textile Co., Ltd. (hereinafter referred to as “Huamao Shares”) issued an announcement on the evening of July 7 that it planned to make it public through the Property Rights Trading CenterThe company will transfer 16.68% of its equity in the joint-stock company Desheng Textile Printing and Dyeing (Anqing) Co., Ltd. by listing, and the base price for listing will not be less than 23.4979 million yuan.
Desheng Printing and Dyeing was established in April 2010 with a registered capital of 140 million yuan, of which Desheng (Shishi) Co., Ltd. holds 83.32% of the shares and Anhui Huamao Textile Co., Ltd. holds 16.68% of the shares. The business scope of Desheng Printing and Dyeing is textile dyeing, printing, finishing, processing and sales of high-end fabrics. </p
