Huzhou Wants To Build The Largest Nylon Raw Material Supply Base In China
9, a new investment of 4 billion 300 million yuan.
It is understood that the industrial park is located in the Development Zone yangyangbu expansion block, the total land use of about 1000 acres. After the initial project (spandex) starts, the whole industrial park will be completed in 4 to 5 years. After completion, it will become the largest supplier of nylon raw materials in China, meeting the needs of raw materials of high-grade polyamide fibre and replacing imports.
Supplement:
From 9 to 8%, the margin standard of PTA futures contract was adjusted to 8%, and the price limit was adjusted to 5%. From the end of December to the end of December, the closing fee will be halved.
It is understood that, before, PTA101, 102, 103, 104, 105, 106, 107, 108, 109, 110 continued to appear three unilateral trading market, the Zhengzhou Exchange yesterday suspended the above contract trading day, yesterday again due to PTA011, 012 contract again sealed up, there is a continuous increase in the limit of one side of the market, Zhengjiao notice PTA011, 012 contracts, the suspension of trading today.
"The substitution effect of polyester on cotton is the main factor affecting the price rise of PTA in the near future." According to Pan Rongfei, Fuzhou Sales Department of China International Futures, because of the sharp rise in cotton prices, some downstream enterprises in the industrial chain have replaced polyester with polyester. Because PTA is the main raw material for the production of polyester, the price of PTA has also been greatly increased. "At that time, the suspension of half a day's spanaction fee was mainly restricted in order to curb this crazy speculation and maintain market stability."
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