Nylon downstream plants' resuming plan after the Spring Festival

Most surveyed enterprises plan to return to work before February 1, which has not changed much compared with previous years. Due to the earlier holiday this year, more companies hope to return to work and production earlier.

A small number of plants have yet to determine when to return to work, or plan to resume after Feb 5 (the 15th of the first month of the lunar calendar). First, they have worried about the possible rising number of COVID cases during the Spring Festival, thus workers may not return to work on time. The more important reason is that the pre-holiday order taking has been poor, so they are pessimistic about the post-holiday market. Insufficient firm orders or high inventory both lead to unclear resumption plan of factories after the Spring Festival.