Tong Kun Shares: Polyester Rebound And Internet Conference Concept

This week, the market of polyester filament dropped and rebounded. With the increase of production and marketing rate and the tighter supply of some polyester products, the market has improved significantly this week. The factory's moderate increase or cancellation of the discount is mainly reflected in POY and individual FDY product specifications.

The upstream PTA market is affected by the downstream polyester production and sales warming, and the downtrend is postponed. At present, the market is waiting for the monthly settlement price to be announced.

Before and after the Spring Festival is the traditional peak season for textile production, the purchasing of downstream weaving enterprises has increased significantly. With the advent of the procurement cycle, polyester market has improved.

Tong Kun is a leading polyester filament enterprise in China, with an existing capacity of 2 million 500 thousand tons.

In addition, the first World Internet Conference will be held in beautiful Wuzhen in from November 19th to 21st. Ma Yun, Ma Huateng, Robin Li, Cao Guowei, Ding Lei and other Internet Internet cafes will attend. Wuzhen will be the permanent site of the world Internet Conference. In the process of hosting, Ma promised to invest in Tongxiang if he wanted to settle down. After the approval of Wuzhen, the whole development plan of Tongxiang is being adjusted.

Tong Kun is a local listed company in Tongxiang. The e-commerce platform of Tong Kun supply chain developed by Tong Kun and industrial and Commercial Bank of China is officially launched on August 22, 2014. At the end of September, the volume of online trading reached 32 thousand and 400 tons, and the transaction volume exceeded 200 million yuan. Another company will carry out "Tong Kun loan". Customer Provide small and micro financial services.

　 October 31st domestic Polyester filament market is stable and weak.

In October 31st, due to the lack of good raw material market, the domestic polyester filament market was in a steady and weak position. The prices in Jiangsu, Jiaxing and Xiaoshan were calm, and the quotations of manufacturers from all over the country remained basically unchanged. Inventory is in a low level during the year, and individual specifications even fall short of supply. The downstream textile manufacturers and the bomb purchasing companies have a lower enthusiasm for raw materials purchasing, and the trading atmosphere of polyester market has temporarily dropped. At present, the factory POY (150D/48F) quotes at about 8830 yuan / ton; FDY (150D/96F) reports about 8860 yuan / ton; DTY (150D/48F) reports about 10700 yuan / ton.

　 　 Yizheng Chemical fiber shares expanded to 2 billion 10 million yuan in the first three quarters.

Yizheng chemical fiber announced this year's three quarter report shows that the first year of September this year recorded a net loss attributable to shareholders expanded to 2 billion 12 million yuan (the same below), a basic loss of 0.335 yuan per share. The company recorded a net loss of $692 million over the same period last year. In the first nine months of this year, business income fell 10.6% to 11 billion 937 million yuan.

In the third quarter, the net loss attributable to shareholders increased to 262 million yuan and the basic share loss was 0.044 yuan. The net loss attributable to shareholders in the same period last year was 200 million yuan. Operating income fell 13.3% to 4 billion 13 million yuan over the same period.