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Koksan Pet ve Plastik A.S is proud to announce that it has successfully commissioned its new PET resin plant with additional 216,000 Mton/year capacity under the UHIF (Uhde - Inventa Fischer) license with MTR (Melt-to-Resin) technology production as of 1 November 2022. The production site, located
In addition, some spinners in Hebei changed production from polyester yarn made of virgin PSF to the one made of close virgin PSF. Firstly, the market was bearish at present and the spinners faced high inventory yet low profit. Secondly, the price spread between virgin PSF and close virgin PSF widen
Polyester yarn is more resistant to the decline. Most polyester yarn mills hold pre-sale orders which could last to early Nov. However, the demand is bearish now. There is no large difference for the spinners to offer 13,500yuan/mt or 13,800yuan/mt, so they do not lower prices so actively. Then the
As raw materials for cotton textile, cotton, VSF and PSF all face huge pressure in 2019. The sentiment of these three markets cools down obviously and the finished products are also affected negatively. Comparatively, polyester yarn is sold better among them. However, due to continuous fall of polye
