PTA price fell seriously and the raw material price backed to weakness.Was the rhythm of the downstream replenishment disarranged?
Author: Feb 16, 2017 13:57
Bulk raw material prices
Profits
Production and marketing:Yesterday,production and marketing of PFY market was common.Average production and marketing was around 107%.Price of polyester raw material was mighty recently.Cost pressures of PFY is high and the center of the price gravity will continue upward.Capacity utilization rate of weaving market was back to 70%-80%.Demand released, in the case of PFY prices rose, the downstream replenishment was 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
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