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       During the National Day, the global energy crisis continued to ferment, natural gas skyrocketed, and U.S. crude oil rose by more than $4. The polyester industry chain was significantly boosted by costs. At the beginning of the trading day, the three varieties opened sharply higher, and the high level of ethylene glycol fell more obviously. Because coal prices did not rise strongly as expected, the closing PTA and staple fiber soared by more than 6%, rising to a new high in the stage. EG rose more than 3%, but below the closing price before the holiday.

　　 International crude oil prices continue to rise, driving the price of raw material PX to rise sharply. In terms of supply, the overall operation of PTA is relatively stable. Only the load of Fuhai Chuang’s 4.5 million tons plant has returned to stability, and the remaining plants have not seen significant fluctuations.

　　 The domestic ethylene glycol production base increase is parallel to the start-up increase. Taking into account that foreign natural gas continues to skyrocket, MEG's subsequent imports are expected to continue to decrease, and the supply-side inventory is expected to continue to decrease.

         The polyester end performed better than expected. During the November holiday, some spinning mills in Jiangsu and Zhejiang that had stopped production due to power cuts have resumed operations one after another, resulting in a significant increase in the price of polyester products during the holiday. -200 yuan/ton, with the price increase, production and sales have also improved.

　　 Staple fiber rose prominently, because the market did not overdraft before the holiday, and the long-term low start also caused the industry to continue to destock. Under the background of low inventory levels in the middle and lower reaches, the post-holiday market rose higher than other polyester products. However, considering that there are still expectations of production restrictions after the holiday, the industry is still cautious.

"Hongyang" brand polypropylene high-strength yarn products have small color difference, good color fastness, high strength, and are widely used in decorative belts, safety belts, marking lines, etc.

Taixing Hongyang New Materials Technology Co., Ltd. has consistently adhered to the "excellent quality, customer first, quality service, adhere to the contract," the purpose, with high-quality products, good reputation, selling the country. Wholeheartedly with the domestic business win-win cooperation and common development!