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Zhengzhou Commodity Exchange Opens Polyester Futures to Overseas Traders
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Business·22.05.2026AI özeti

Zhengzhou Commodity Exchange Opens Polyester Futures to Overseas Traders

Zhengzhou Commodity Exchange (ZCE) has officially opened its polyester futures sector to overseas traders, allowing access to 7 varieties including PX, bottle flake, and short fiber futures and options, and PTA options. This move aims to provide a transparent price discovery and hedging platform for the global polyester industry, enhancing supply chain resilience and promoting 'China prices' to 'global prices'.

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Energy Crisis Squeezes Asia's Polyester Supply Chain as Workers Flee Surat Textile Hub
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Business·25.04.2026AI özeti

Energy Crisis Squeezes Asia's Polyester Supply Chain as Workers Flee Surat Textile Hub

The global polyester supply chain, dominated by Asia, faces mounting pressure from the energy crisis as costs for chemicals and dyes soar. Bindal Silk Mills CEO Avichal Arya reports migrant workers are leaving Surat, India's textile hub, due to cooking gas shortages, threatening global orders. Polyester, which accounts for 59% of global fibre production and is derived from oil, faces further risk from potential Strait of Hormuz disruptions.

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