Operating rate obviously ascended after holiday

The operating rate of spandex plants declined to above 80% in early-Feb. Some plants which suspended production due to the Spring Festival holiday or the XXIV Olympic Winter Games resumed operation after holiday. By Feb 22, the operating rate of spandex plants rose to 91%, up by 9 percentage points compared with early-Feb. Most plants in Middle China and West China ran at full capacity and plants in East China ran at above 87% of capacity now. Some plants in East China will restart later. Current operating rate of spandex plants was the second highest near the Spring Festival holiday in 2019-2022