China PET chip export volume

Of course, under the epidemic, the amount of all kinds of materials imported from Chinese mainland region is increasing in all regions of the world. On the one hand, due to the epidemic, the supply chain system is under pressure, and the efficiency of port distribution is low, resulting in congestion and poor turnover of empty containers, producers have to purchase raw materials in advance to prevent production loss due to lack of materials. So far, the shipping time of some routes has extended from original one month to about 4 months. On the other hand, although Chinese factories suffered a lot of losses from high freight rates in the early days, many orders turned to India and Southeast Asia, from the performance-to-price ratio of long-term transportation and supply delivery, at present, many major foreign customers still choose to purchase from Chinese manufacturers.