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Observe from the demand side: Printing and dyeing plants saw insufficient orders. Price of dyestuff increased, while that of dyeing fee declined. Operating rate of fabric manufacturing plants and twisting units hit 6-year low in Zhejiang and Jiangsu.Stocks of PFY and PSF has exceeded the high level
Polyester market has stepped into downturn since mid-Apr, and this round of reduction was mainly caused by demand not because of cost side. Fabric manufacturing plants witnessed scarce orders and high inventory burden, weighing on their own run rate and the O/R of twisting units and further impactin
