Utilization rate of PET bottle chip capacity was at 96.8% based on designed capacity of 12.31 million tons/year

Utilization rate of PET bottle chip capacity was at 96.8% based on designed capacity of 12.31 million tons/year. In addition to the plants that change production line and shutdown, most bottle chip factories have operated at higher rates to ensure the progress of centralized delivery after the Spring Festival. In the first half of 2023, traders are suggested to pay attention to the launch process of 500,000 tons of Hanjiang New Material, 750,000 tons of Sanfame, 600,000 tons of Wankai Chongqing and 300,000 tons of Yipu, and the launch process of Billion, Hainan Yisheng and Sanfame in the second half of the year.