Sales of polyester fiber improved intensively under low price since Aug. Stocks of PFY and PSF were very low by last week, and inventory of PSF has been lower than the earlier low appeared on Jul 2. Orders for PET bottle chip were tolerable and stocks were slanting low now. Thus, low finished goods
Polyester plants have witnessed low stocks and moderate cash flow now, and the polymerization rate has recovered in Jun, which is expected to be averaged at 91%. Stocks of polyester plants (Unit: day)DatePSFDTYFDYPOY14-Jun8.820.5126.5Cash flow of polyester plants (Unit: yuan/mt)DatePET fiber chipPOY