Bottle blowing and PET sheet

Generally speaking, bottle blowing or PET sheet factories give downstream end-users about 3 months of acceptance or no invoice, but usually the situation of debt is relatively serious, and some even delay delivery and payment until half a year or one year. In this way, the profits that can only be extracted from processing fees are not enough to support the long-term operation of these enterprises, so some downstream factories still seem hesitant to catch up with the rise before the Spring Festival holiday as the market is not very clear.

In view of the small change in the upstream feedstock cost before the holiday (although polyester feedstock futures have risen recently, it is basically about the same as the price level in the previous stage), and the number of infected persons basically tend to be relatively stable after the first round of peak. In addition to some PET sheet factories with stable customers still have moderate replenishment of bright PET fiber chip and original PET bottle chips, most of the small and medium-sized downstream factories have had a holiday ahead of time, and some factories who are still in production will also set the procurement target after the holiday.