Due to the improved market situation in the second half of the year, the performance of HC virgin PSF market has been relatively good this year, overall better than last year and also better than HC re-PSF market.HC virgin PSF production continues to increase. In the past two years, the growth rate
After the Chinese Lunar New Year holiday, crude oil prices have been constantly rising, and polymerization costs keep advancing. Driven by surging PX price, the polymerization costs hit 8,000yuan/mt on Jun 7, rising further to 8,300yuan/mt on Jun 8, a new high since 2019. With unsmooth sales, HC vir
The capacity distribution of HC virgin PSF and HC re-PSF is basically the same. Zhejiang Province is the largest production base, and Jiangsu Province ranks the second place. But for consuming market, Jiangsu is the largest, especially the China Dieshiqiao International Home Textile City. One produc
The epidemic has not finished, but PET bottle flake supply gets tighter, so HC re-PSF price has limited room to move down under high cost.If HC virgin PSF price moves down 500yuan/mt further to 7,000-7,500yuan/mt, the recycled one will suffer losses, and HC virgin PSF will snatch the market shares o