This year, the international crude oil price fluctuated at a high level and kept rising. As a result, the price of domestic general-purpose synthetic resin fluctuates, which has adversely affected China's chemical fiber raw material market. According to the data from the China Petroleum and Chemical Industry Association, the profits of chemical fiber raw material processing enterprises are negative, the operating rate is low, and the price of raw materials is rapidly changing. At this time, a large number of foreign chemical fiber raw materials influx into China, low-cost dumping restricts the development of China's chemical fiber industry, affecting the balance of supply and demand in the domestic market, causing impact on the raw material market and downstream industries.
At the same time, China's accession to the WTO has expanded the opportunities for textile imports and exports, which has brought greater room for the development of the supply and demand market for chemical fiber raw materials. In order to timely grasp changes in the market of chemical fiber prices, timely forecasting the trend of chemical fiber raw material supply
Chain, reducing business risks, and making structural adjustments to the chemical fiber industry chain. The China Petroleum and Chemical Industry Association invited the China Chemical Fiber Industry Association to hold a seminar on China's chemical fiber raw materials (polyester) market in Hangzhou on August 20th, jointly discussing the impact of crude oil price trends on the industrial chain, chemical fiber market trends, and upstream and downstream supply There are bottlenecks in the chain, as well as hot topics such as the latest technology and product prospects.
The seminar aims to provide accurate and timely market information for production, distribution and downstream processing companies, as well as industry management and research service agencies, build a communication and cooperation platform, and promote the healthy and stable development of the industry. In 2005, Sinopec raw material suppliers discussed the formation factors of synthetic fiber raw material market prices and raw material bottlenecks in the upstream and downstream supply chains, and discussed the impact of international crude oil prices on the chemical fiber raw material market and the domestic synthetic fiber consumption market forecast and price trend. Market analysis.
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