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11-11 2018
Risk of polyester filament : stagnated sales &bigger losses

Polyester filament yarn plants witnessed rapidly rising melt cost but hard-to-rise downstream sectors in Aug, and the monthly sales ratio was only around 100%. Coupled with the pre-sales in PFY plants even without stocks at hand, cash flow of PFY was substantially squeezed in Aug, and FDY were not p

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