Recently, China Xinjin Textile Technology Co., Ltd. inaugurated an integrated textile printing and dyeing industrial park in the Suez Canal Economic Zone. The project covers an area of 20,000 square meters and integrates the entire production process, including chemical fiber yarn, woven fabrics, dyeing and finishing, and knitting and embroidery. Its annual production capacity reaches 60 million meters of fabric and 10,000 tons of yarn.
PriceSeek analyzed polyester staple fiber, with a long-short score of 1. The article reports that China Xinjin Textile Company is constructing an integrated textile printing and dyeing industrial park in the Suez Canal Economic Zone, with an annual production capacity of 10,000 tons of yarn. As a core raw material for chemical fiber yarn, the demand for polyester staple fiber is expected to increase, which is favorable for spot prices. In the futures market, the main contract for polyester staple fiber, 2603 (Zhengzhou Commodity Exchange), closed at 6,506 yuan per ton. Although recent price fluctuations have been moderate, this news is expected to boost bullish sentiment and support future contract price increases, driven by capacity expansion and long-term demand growth.
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