After returning from the Spring Festival ,the plateful of bulk raw material waved red.

Bulk raw material prices

Profits

Production and marketing：Yesterday, the quotation of Jiangsu and Zhejiang PFY market remained high and still raised in part of the range. Downstream textile enterprises were still in the state of return to work.Under the stimulus of materials,the downstream textile enterprises had the demand of procurement. The market trading atmosphere was good.

The production and marketing trend chart of some polyester factories from Jiangsu and Zhejiang area

Inventory:During the Spring Festival, the market was in an empty window period.There was almost no trading . Although there were movements of production maintenance in chemical fiber market , the PFY inventory still had accumulation as a whole.In terms of specific products, As of February 6, the overall inventories of currently PFY market reach to 12-18 days. Among which, the inventory of POY products slightly dropped to 9-13 days.The inventories of DTY products reached to 12-17 days,and the DTY maintained in about 18-28 days.

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