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Direct-spun PSF plants successively raised the temperature of the units and restarted right after the holiday. By late Feb, the run rate has improved to about 85%, a high level since “dual control” on energy consumption. It may further increase later and reach 88% or around in early Mar. Downstream
Affected by the epidemic, the market kept falling after Spring Festival holiday. Especially crude oil price slumped close to $20/b, followed by polyester feedstock. Direct-spun PSF decreased a bit more slowly, so its cash flow was considerable.
Besides, direct-spun PSF plants control price differently due to the mixed operation later. For example, some plants in Fujian plan to cut or suspend production later, so their offers are slightly higher than that in northern China in order to keep inventory for later use. In Jiangsu and Zhejiang, t
