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By the end of 2022, the total local polyester capacity is around 2.5 million tons, mainly distributed in four regions: Adana, Gaziantep, Corlu, and Bursa. The provinces that are closer to the epicenter in these four regions are mainly Adana and Gaziantep, and these two provinces happen to be the two
Polyester market faced obviously worse operation environment in 2022. End-user demand remained bleak pressed down inflation outside China and the spread of pandemic in local China. Price of polyester products curved a "V"-shape trend throughout 2022. In the first half of year, price of polyester pro
Polyester market saw sharply falling sentiment in 2022. The market fundamentals apparently changed. Above 5 million tons of new units started operation and the growth rate of capacity kept rising compared with 2021. However, the polyester production saw negative growth in 2022. In addition, polyeste
Polyester market witnessed moderately improving fundamentals since late-Jul. Profit of polyester products slightly advanced and some products tuned to be profitable instead of under losses. Stocks descended and the polyester polymerization rate increased, which may ascend to 79-80% in end-Jul, up by
