Price of PTA waved red again.If the price of PFY don't rise now, when?

Bulk raw material prices

Profits

Production and marketing：Yesterday,the market atmosphere was good .Production and marketing of Polyester factories were over 100% in average.Individual manufacturer broke through 300% level.Among which, production and marketing of POY products is relatively good.Because the price of PTA and MEG remained high. PTA even rose six times consecutively .Price of raw material was mighty and the PFY price was forced upward. Meanwhile,it coincided with the downstream post-holiday replenishment nodes,.The stock up emotion of weaving factory is more positive.

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