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U.S. - Iraq Conflict, Good For Global Chemical Market?

Jan 13, 2020

   In recent days, the situation in the Middle East has continued to escalate. It seems that the US air strikes by fixed-point clearance, which resulted in the death of Iranian general Sulaimani, are becoming the fuse of a war.

    According to the past experience, the crude oil market is soaring, and the chemical industry market is bound to follow! Crude oil is one of the most important raw materials in the chemical industry. The rise and fall of the oil price directly affects the price of the chemical industry. The price of chemical products across the country is ready to move, and the "looting" mode is officially launched.

    Therefor, the price of polyester yarn and fiber will be raised, then the price of Sherpa fabric and PV plush and Coral fleece and Faux fur all will be changed after CNY holiday.

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