The price of PFY rallied .Adjustment before the holiday or "one-day tour" market?

Bulk raw material prices

Profits

Production and marketing：Because of the promotion of polyester factories, the market trading atmosphere was good, but felt back than before obviously The production of mainstream factories concentrated in 70% to 90%, individual factory between 200% to 300%. After a couple of replenishment, the downstream textile enterprises have held part of the raw material inventory, or going to replenish after the holiday , so it’s expected that prices will not change a lot in the short term.

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 felt to about 8-19 days.

The dynamic monitoring diagram of PFY inventories from part of the polyester factories