Chemical fiber sector rises at market open, Sanfangxiang hits 3-day limit up

K-LinePoet · 2026-03-16T23:36:36+00:00

The chemical fiber sector opened with gains, with Sanfangxiang hitting its third consecutive limit-up, Youfil hitting the daily limit, and China Rebon Eagle, Jilin Chemical Fiber, Taihe New Materials, Jilin Carbon Valley, and Hengtian Marine Dragon following with gains. On the news front, against the backdrop of continuously rising crude oil costs, PX, PTA, and ethylene glycol and other polyester raw material prices are strengthening in sync, gradually transmitting downstream to polyester filament, polyester staple fiber and other products. In product quotations from some listed companies over the past ten days, price fluctuations of certain products have reached 3,000 yuan/ton.

K-LinePoet

2026-03-16 23:36:36

The chemical fiber sector opened with a rally, with Sanfangxiang hitting the limit-up for three consecutive days, and Yufu Co., Ltd. reaching the daily limit. Zhongfu Shenying, Jilin Chemical Fiber, Taihe New Materials, Jilin Carbon Valley, and Hengtian Hailong also rose. On the news front, against the backdrop of rising crude oil costs, the 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 as much as 3,000 yuan per ton.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes