downstream demand has also been significantly suppressed due to the epidemic

In addition to short-term damage to the supply side, downstream demand has also been significantly suppressed due to the epidemic. According to CCFGroup statistics, the overall running rate of major beverage factories averages at around 60-70% this week. Affected by the local epidemic, some beverage factories have been shut down. At present, only about half of the beverage factories are operating at full rate. O/R of PET sheet factories has also been affected to a certain extent, falling to around 50-60% in E. China, slightly lower at merely 30% in some areas, and 50-60% in S. China. In terms of edible oil plants, the average industry run is around 50%, and keeps declining in some areas affected by the epidemic