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Except for the production recovery, 2 new PFY units start operation in Aug, mainly manufacturing POY. 300KTA new polyester unit of Tongkun Hengbang Phase VI commenced production on Aug 13, mainly producing POY, and Tongkun Hengyou’s 600KTA polyester new unit started operation on Aug 22, also mainly
Cash flow of POY and FDY is sound in Aug, greatly improving compared with previous months. Coupled with falling stocks of finished goods, polyester filament yarn plants that scaled down production earlier successively resume production, so operating rate of PFY industry gradually ascends.
