Latest information on rubber and textile raw materials
Rubber and plastic
1. On December 26th, the dynamic of Hainan Refining and Chemical's PE plant showed that the production of 7042 tons per year in the full density unit of Line 1 was 500000 tons; 300000 tons/year 2-line full density unit produces 7042; The 300000 ton/year 3-line HDPE plant has been converted to 7260.
2. On December 26th, the EPS price of Shandong Lanhua decreased, with ordinary material prices at 9550 yuan/ton and fuel prices at 9750 yuan/ton, a decrease of 50 yuan/ton from the previous day. The effective production capacity of Shandong Lanhua is 120000 tons/year.
spin
1. The 2.2 million ton PTA plant of Yisheng Ningbo was shut down on December 9th and is currently being restarted.
2. ICAC predicts that the total subsidy amount for the global cotton industry in 2023/24 will reach 5.2 billion US dollars, a decrease of 31% from 7.6 billion US dollars in 2021/22. In 2023/24, the proportion of cotton production receiving subsidies decreased to 64%.