Polyester market witnessed moderately improving fundamentals since late-Jul

Polyester market witnessed moderately improving fundamentals since late-Jul. Profit of polyester products slightly advanced and some products tuned to be profitable instead of under losses. Stocks descended and the polyester polymerization rate increased, which may ascend to 79-80% in end-Jul, up by 3 percentage points than previous low around mid-Jul. The polyester polymerization rate is estimated to start rising but the increase may be not smooth. The following points are noteworthy for this logic