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Chemical fiber sector repeatedly active, Sanfang Lane hits 4-day consecutive limit-up
The chemical fiber sector is repeatedly active, with Zhongfu Shenying reaching a new high during the trading session. Sanfangxiang hit four consecutive limit-ups, while Jiangnan High-Polymer, Shama Shares, Huafeng Chemical, Hengtian Hailong, and Xinxiang Chemical Fiber also rose. On the news front, against the backdrop of rising crude oil costs, prices of polyester raw materials such as PX, PTA, and ethylene glycol have strengthened simultaneously, gradually transmitting to downstream products like polyester filament and polyester staple fiber. In the past ten days, some listed companies’ product prices have fluctuated by up to 3,000 yuan per ton.