PTA:six consecutive rise and return strongly.Does the opportunity of PFY come again?

Bulk raw material prices

Profits

Production and marketing：During the weekend,the price of of PFY factories was stable.The PFY market atmosphere was not good in Jiangsu and Zhejiang area.Production and marketing of Polyester factories were almost in 50%-60%.Wait-and-see atmosphere was thick on Monday. Start-up situation of downstream textile enterprises was still in a state of recovery.Purchasing motivation of raw material was not good.

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

Inventory:Because the production and marketing of the market back to the temperature ,the inventory level of the mainstream manufacturers was lower than it in spring festival.In terms of specific products,the overall inventories of currently PFY market dropped 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.

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