Production and marketing of PFY was flat.Bearish mood of the market increased.

Raw material

Profits

Production and marketing：The performance of raw material prices was not good. The market production and marketing was flat,maintained in 60％.Currently , the weaving factories procurement of the high price raw material was cautious.Bearish mood of the market increased  and the purchasing mood was general.

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