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Should You Think About Buying Tongkun Group Co., Ltd. (SHSE:601233) Now?
SWHY: The supply and demand of ethylene glycol is narrowing, and profitability is expected to rise.
In 2023-2024, with the expansion of production capacity for downstream products like polyester filament and bottle flakes, the demand for ethylene glycol has significantly increased, driving a recovery in market conditions. It is expected that under tightening supply and demand, there is potential for the central price of ethylene glycol to continue to rise.
Individual Investors Account for 41% of Tongkun Group Co., Ltd.'s (SHSE:601233) Ownership, While Private Companies Account for 37%
Sinolink: The expansion cycle of polyester filament production is coming to an end, and the Industry's prosperity is expected to improve.
The supply and demand of domestic polyester filament in 2025-2026 may continue to be tight, which is expected to drive polyester filament prices into an upward cycle.
Tongkun's 2024 Profit to Jump Up to 59%; Shares Up 3%
Tongkun Co., Ltd.: Tongkun Group Co., Ltd. 2024 Annual Results Advance Announcement
Is Tongkun Group (SHSE:601233) Weighed On By Its Debt Load?
