the chart of PX supply and demand balance in China

On the demand side, Xinfengming’s other 1.1 million mt/yr PTA line is expected to start trial run in the end of Nov; Hengli Petrochemical’s 4# 2.5 million mt/yr PTA unit is scheduled to begin trial operation in the end of Dec; and Xinjiang Zhongtai’s 1.2 million mt/yr PTA unit is likely to start tri