Price of polyester feedstock surged in Dec, especially MEG, greatly pushing up the cost for polyester goods, and many polyester products have become not profitable. Most polyester plants chose to raise price passively to pass on the cost, and only few companies like Shaoxing Tiansheng chose to cut r
Stocks of grey fabric declined rapidly after the National Day holiday. Downstream plants witnessed improving sales and orders before the Double 11 online shopping spree, and stocks of polyester filament yarn was in consolidating. Most PFY plants did not see big inventory burden. PFY plants were earl
After investigating major fabric manufacturing bases like Shengze, Changxing, Xiaoshan, Shaoxing and Haining, the results and feelings are as following, only for reference:1. Different from previous investigations, many twisting units and fabric manufacturing plants were busy in visiting their downs
Operation recovery of downstream plants Downstream plants were slower in recovering production after Lunar New Year holiday compared with past years, which was mainly because the return of non-local workers was late. With the deeper transfer of manufacturing industry into Chinese inland, many worker