Price of PTA and MEG shivers at low level this week dampened by commodity atmosphere and oil price

Price of PTA and MEG shivers at low level this week dampened by commodity atmosphere and oil price. The polyester products see good profit and low inventory. The raise of run rate will reduce the cost per ton, which will further push up the profit of producers. Polyester companies are still active in ramping up operating rate. Some PFY plants also increase the production of PET fiber chip when they raise the output of PFY.