Procurement of downstream enterprises was return to calm.PFY price opened the channel of falling.

Bulk raw material prices

Profits

Production and marketing：Raw material prices were still weak and the offer of PFY factories was stable.Individual variety price declined slightly.The market atmosphere was good.The  downstream textile enterprises took the strategy of on-demand procurement.The production and marketing of mainstream PFY factories were almost in 60%-70%.It’s expected that it will not appear large area of transaction phenomenon before the raw material price rebound.

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

Inventory:In case of the weak production and marketing and difficult to break 100.The inventory level of the mainstream manufacturers had a trend of further uplift.In terms of specific products,the overall inventories of currently PFY market reached to 13-19 days. Among which, the inventory of POY products slightly reached to 10-15 days.The inventories of FDY products reached to 13-18 days,and the DTY maintained in about 19-29 days.

The dynamic monitoring diagram of PFY inventories from part of the polyester factories