At the beginning of November, the two oils plummeted. The monthly US crude oil futures plummeted 20.8%, the largest monthly decline since March last year.

Both futures and spot were damaged.

　　 Crude oil is the weather vane of the textile and chemical fiber market. The plunge during this period has driven PTA and ethylene glycol futures to fall!

The average price of polyester filament market monitored by Silkdu.com showed that POY150D was still at a high level on October 20, reaching 9,200 yuan/ton, and then it was like sitting on a "sliding slide" in the next month, all the way down, as of December 2. Today, the current price has fallen to 7,200 yuan/ton! The drop is 2000 yuan/ton!

Textile companies worries about misery

　　 Since the end of "Double Eleven", the entire grey fabric market has taken a sharp turn. Some cloth merchants sold 380T nylon finished fabrics, and specifically stated that the cost was 5.5 yuan/meter. Now they are selling at 3.3 yuan/meter.

Electricity price increases again

A few days ago, the State Grid and the 29 provinces, regions and municipalities of China Southern Power Grid announced the electricity price list for industrial and commercial users in December, including peak, normal, and valley electricity prices, and peak and peak hours in multiple provinces and municipalities. The fluctuation range of electricity prices has been adjusted upwards.

　　Data shows that the largest peak-to-valley price difference between 14 provinces and cities, including Beijing, Tianjin and Guangdong, has exceeded 0.7 yuan/kWh. In addition to the changes in the peak-to-valley price range, there has also been a general increase in the peak and peak power price ranges in many provinces.

　　 Jiangsu

　　The peak electricity price for general industrial and commercial use is as high as 1.1984 yuan/Kwh, and the usual electricity price is 0.7168 yuan/Kwh.

　　Zhejiang

　　 General industry and commerce add peak electricity prices, up to 1.3331 yuan/Kwh, and the peak price is 0.9941 yuan/Kwh.

　　 Shandong

　　 The peak electricity price is also implemented, but only during part of the month, and the peak electricity price and the valley hour electricity price fluctuate up to 50% respectively, while the peak electricity price rises by 20% on the basis of the peak electricity price.

　　Industry insiders said that this notice can be called “stress” for high-energy-consuming users. The operating pressure brought about by the increase in production costs will also force high-energy-consuming industries to reduce costs and increase efficiency and transform. This is also the need for the country's industrial restructuring to adopt "economic means" for development.

 Hai'an County Qinfeng Chemical Fiber Co., Ltd. specializes in production and sales:polypropylene staple fiber, Polyester Staple Fiber, functional polypropylene short fiber, functional polyester short fiber, hydrophilic polyester short fiber, polypropylene, PP staple fiber, polyester staple fiber.