The profit of the polyester industrial chain was reallocated recently. The profit of PX, MEG, DTY and grey fabric market in expectation of weak fundamental is transferred to the PTA and polyester sectors in anticipation of strong fundamental.On the afternoon of March 24, the refining and chemical in
Price of cost side and product side divided In early-Mar, price of polyester feedstock climbed up driven by commodity market, but polyester plants slashed price to reduce inventory. Speculative procurement from PFY end-users improved amid rising feedstock, and PFY plants witnessed eased inventory bu