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The recovery of polyester operating rate is expected to be slow, as demand is still stagnant, workers are yet to return, and it is difficult to consume the inventory fast. The rate is estimated to recover to around 77-79% in Mar, and polyester production is anticipated to drop by 20% in the first qu
In addition, as for the forecast for the polyester production and the feedstock stocks in Q1 2020, the polyester production is not supposed to be low, which may grow by above 10% compared with 2019. Based on the current feedstock units, the stocks accumulation of PTA in Q1 2020 is supposed to be big
According to the situation in the past years, the operating rate of polyester industry was supposed to rise in Sep-Oct, even slanting high in the second half of year. In the past 5 years, the average polyester polymerization rate in Sep-Oct was higher than that in Aug, except for 2018.Polyester prod
