Purchasing motivation of raw material was low.Inventory of polyester factories was further accumulated

Bulk raw material prices

Profits

Production and marketing:Recently,PFY price was weak. Performance of the market production and marketing was mild.The market average production and marketing of polyester factories were almost around 50%.The current market lack of positive guidance.Mood of the downstream texturing and weaving enterprises was cautious.Preparation of them is given priority to demand.

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

Inventory:Purchasing motivation of raw material was low recently.Production and marketing of the market was hard to release.Inventory of polyester factories was further accumulated and pressured the market mentality.In terms of specific products,the overall inventories of currently PFY market reached to 15-20 days. Among which, the inventory of POY products slightly reached to 13-18 days.The inventories of FDY products reached to 15-20 days,and the DTY maintained in about 21-31 days.

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