The Replenishment of Downstream Plants at The End of Year Will Be Related with The Turnaround of Chemical Fiber Plants During The Spring Festival Holiday

The replenishment of downstream plants at the end of year will be related with the turnaround of chemical fiber plants during the Spring Festival holiday. Downstream factories think large chemical fiber companies will have turnaround during the Spring Festival holiday but the strength will not be too large. Downstream buyers need to restock before the Spring Festival holiday (normal replenishment for 15 days of production by convention and some will restock for 20-30 days of production if they are optimistic about the trend after Spring Festival holiday). Chemical fiber plants may not face too big inventory burden before holiday while downstream plants will shut down for holiday. As a result, the inventory pressure will be incarnated in chemical fiber plants after holiday, especially when the turnaround during the Spring Festival holiday is limited.