most soft drink enterprises are in the maintenance season

From the perspective of the downstream of PET bottle chips, most soft drink enterprises are in the maintenance season, and plants have turnaround by turns. Most producers are operated at around 40-80%. Most of the edible oil plants are operated at around 50-70%, and the overall end users’ demand is mediocre in the fourth quarter. PET sheet plants sector, the operating rate of most PET sheet producers are around 70-80% in East China, and at 50-60% in South China. Due to the high price of PET bottle chips in the early stage, sheet enterprises have gradually reduced the purchase volume of PET bottle chips by replacing them with bright PET fiber chip and r-PET. Even though the price of bottle chips has been partially lower than that of bright PET fiber chip in the short term, buying interest of most sheet enterprises are still not high as the previous raw material inventory has not been used up.