Market of raw material was in steady rise.Price of PFY edged up.

Bulk raw material prices

Profits

Production and marketing：The price of PFY factories was stable yesterday.The center of the PFY transaction gravity still focuses at a high level and  the market atmosphere was not good.Downstream textile enterprises replenished by demand and digested the inventory basically.The production and marketing of mainstream factories were almost in 90%.It’s expected that the market will be overall stable if the price of raw material don’t have improvement.

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

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

Inventory:Recently,the center of the PFY price gravity still focuses at a high level and the production and marketing of downstream enterprises is good.Inventory of the factories that accumulated in spring festival has digested.In terms of specific products, As of February 8, the overall inventories of currently PFY market reach to 12-18 days. Among which, the inventory of POY products slightly reached to 9-13 days.The inventories of DTY products reached to 12-17 days,and the DTY maintained in about 18-28 days.