As China domestic yuan MX is much higher than USD price and exports from Asia to US reduce

As China domestic yuan MX is much higher than USD price and exports from Asia to US reduce, China MX imports are expected to increase. Then, China yuan MX and PX spread may return to the normal range. However, it would take time for it to bolster PX plant operations. Firstly, the increase in MX imports may materialize as early as in mid-Aug or late Aug; and secondly, whether PX-MX price spread could recover needs further observations as Asian PX supply could also increase with Asia to US arbitrage window to shut