Sep and Oct are supposed to be traditional peak season in domestic market

Demand improved on the month in Sep, while supply substantially slipped impacted by the intensified control of energy consumption. The disparity between supply and demand resulted into falling stocks and increasing price on the whole polyester value chain. Twisting, water-jet fabric manufacturing and printing and dyeing sectors, which were heavily regulated by energy consumption, saw bigger price uptick or inventory reduction. Production enterprises witnessed hiking cost of raw material and accessories after coal, crude oil and natural gas prices soared. They raised price to transfer higher cost to downstream buyers.