Raw material prices have loosened greatly! Sinopec’s acrylonitrile plummets by 600 yuan/ton, and chemical fiber textile cost pressure continues to be released - China Lixian Oumu Wool Spinning Co., Ltd.-Wool yarn wholesale-Professional knitting yarn supplier-China Wool yarn purchase

The textile raw material market is ushering in a major boom! On April 17, Sinopec North China Branch announced a significant reduction in the listing price of Acrylonitrile to 600 yuan/ton, and the latest execution price was 11,000 yuan/ton. As key raw materials for the production of acrylic fiber and nylon, this price reduction will directly reduce the production costs of downstream chemical fiber and wool blended products, and the cost pressure on the industry will be substantially alleviated.

At the same time, the prices of other core chemical fiber raw materials also showed a weak shock and profit-sharing promotion trend:

Polyester staple fiber: The price is 8127 yuan / ton, with a cumulative decrease of 2.56% during the month.
Nylon POY: The price is temporarily stable at 16,050 yuan / ton, and there is room for profit making in some markets.
PTA, ethylene glycol: Against the backdrop of a rebound in crude oil, price trends have been weak due to weak terminal demand.

This round of collective loosening of raw material prices is a powerful correction to the high cost in the early period and directly benefits Li County Oumu Woolen Spinning Co., Ltd. and other enterprises with chemical fiber blending as their core business. On the one hand, the purchase cost of raw materials such as nylon and polyester has dropped, directly increasing the gross profit margin of products; on the other hand, the cost of energy and auxiliary materials in the printing and dyeing process has simultaneously dropped. In an environment of intensified market competition, cost reduction has become a key tool for enterprises to stabilize prices, seize orders, and enhance market competitiveness, and industry profit expectations continue to improve.