Cotton Price Rises And Rises. Can Synthetic Fiber Substitute Be Implemented?

　　 As the US crude oil inventories fell and macroeconomic data boosted crude oil prices, as of July 9th, New York commodities. futures West Texas light oil futures in August closed at $76.09 a barrel, up 3.95 dollars from last Friday. London intercontinental Brent crude futures in August closed at $74.55 / barrel, up 3.34 dollars from Friday.

Chemical products this week Price Continue to fall, we track 184 effective data, there are 20 kinds of rise, flat with last week, the number of products dropped, compared with last week, reduced to 85.

This week's noteworthy species: polyester POY, the price rose slightly this week, the increase was only 0.9%, the latest price of 11250 yuan / ton, this week's rise is on the one hand is the control of electricity in Zhejiang, on the other hand is the price of raw materials PTA, promote product prices rise, from our inventory research found that the polyester stocks in the chemical fiber varieties are currently the highest, so we judge that the price of further increase in space is not large. The rise of prices has a positive effect on Halliday.

BDO, this week, the price declines, or 5%, relatively large, the latest price of three dimensional scattered water is 19000 yuan / ton, and has a negative impact on Shanxi three dimensional.

Caustic soda decreased by 3.45% this week. The latest price of 32% ionic membrane in East China is 420 yuan / ton. The price drop has a negative impact on double ring technology, Sanyou chemical industry and Shandong Haihua.

The price of Jiangsu's Hengsheng small grain dropped by 2.44%. The price of Hua Lu Heng Sheng small grain rose by 3.23% this week. The latest prices were 1600 yuan / ton. The related listed companies were Liao Tong chemical industry, Sichuan Chemical Company, Hubei Yihua, Sichuan Meifeng, Luxi Chemical Industry, Lutianhua, Jianfeng Chemical industry, St Hechi, Yunnan Tianhua, chetianhua, Chang nine biochemical industry, Liuhua group, Hua Lu Heng Sheng, Tianrun development, Huachang Chemical Industry.

PVC, the price of ethylene this week fell 2.35%, the latest price of 7275 yuan / ton, calcium carbide law this week fell 2.13%, the latest price of 6885 yuan / ton, to the British power, Xinjiang Tianye, Taihua shares, St Nanhua, chlor alkali chemical industry, Zhongtai chemical has a negative impact.

Industry news: 1 Brazil continues to levy on barium carbonate produced in China. Counter sale tax 。

2 India has formally imposed anti-dumping duties on phosphorus compounds in China.

3 India extended tax on soda ash in China.