Trend of raw material price was flat.PFY price was loose.

Bulk raw material prices

Profits

Production and marketing：Last weekend, Affected by the weakness of raw material ,PFY prices was loose in some respects.The PFY market atmosphere was flat.The production and marketing of mainstream factories were almost in 40%-50%. Structure of PFY price continued stable.The upstream raw material surface slightly rebounded and it is stable as a whole. Procurement of downstream weaving market is given priority to demand.

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

Inventory:Recently,the inventory of PFY haven’t changed a lot. PFY price was steady overall but had a little move.The procurement emotion of downstream enterprises was not good.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