Market lacked of good stimulus to support.Replenishment emotion of downstream enterprises was not good.

Bulk raw material prices

Profits

Production and marketing：Performance of raw material market was not good.The procurement of downstream textile enterprises was cautious. The market production and marketing was back to 50％-60％,better in 90％.Polyester raw materials continued to callback yesterday, PFY prices was steady overall but a little move. Market lacked of good stimulus and the downstream procurement emotion tended to be cautious.

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