MEG price rose suddenly and sharply again.Polyester factory struck the iron while it was hot,the atmosphere of transaction was enthusiastic.
Author: Jan 18, 2017 09:09
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Bulk raw material prices
Profits
Production and marketing、inventory Production and marketing：Yesterday，the trend of MEG situation was good, part of the PFY factories increased its promotion.The market trading atmosphere was hot.The production and marketing of the mainstream companies focused on 200-300%, individual factories even up to 700%. After concentration of replenishment yesterday. It’s expected that the downstream market will return to stability，but we can’t rule out that some manufacturers will operate again if the price of POY rises.
The production and marketing trend chart of some polyester factories from Jiangsu and Zhejiang area
Inventory: Drove by the overall production and marketing yesterday, the inventory level of the mainstream manufacturers dropped slightly. In terms of specific products, at present, the overall inventories of currently PFY market reach to 4-8 days. Among which, the inventory of POY products slightly dropped to 3-6 days.The inventories of DTY products dropped to 5-7 days,and the DTY fell to about 8-19 days. The dynamic monitoring diagram of PFY inventories from part of the polyester factories 
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