Bearish demand drags the rise of PSF price and expanding losses affect supply and demand pattern

Bearish demand drags the rise of PSF price and expanding losses affect supply and demand pattern.Currently, PX, PTA and MEG all suffer great losses, and PTA-PX spread even turned negative on Mar 8 for the first time in the record. Polyester products like PSF, POY, FDY and PET fiber chip are all hit