Analysis of chemical fiber industry in the first half of 2017

In the first half this year,chemical fiber industry continued to maintain a good momentum.With textile market picking up,demands for chemical fiber were recovering and the overall operating ratio of the industry has improved from a year earlier.In addition,due to the transmission of rising crude oil prices,the average price of chemical fiber products was higher than the same period last year.The operation quality and profitability have enhanced,and investment tended to rebound,which needed to pay close attention.