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Some downstream plants cut production with the repeated COVID-19 infections of China in Apr, but most units are running normally and there is also driving force of new demand, so the inventory at ports starts to decline. By late Apr, there is limited supplement of imported goods, but due to increasi
Firstly, on demand side, the downstream plants production in some North China regions have been restricted before the National Day holiday, thus LLDPE demand have been bearish. And the operating rate of agriculture film plants have remained a relatively low level, only accounted to around 30%. Then
In addition, in view of fabric manufacturing market, orders for some descriptions increased, such as stretch fabric and fabric for curtain in Wujiang, warp-knitted velvet and super-soft fabric in Haining, polar fleece and Roman fabric in Xiaoshan and Shaoxing . Operating rate of fabric manufacturing
Firstly, downstream plants concentrated on using feedstock purchased before when PFY price was reducing, and replenishment appeared for several times, but the feedstock inventory was mainly around 5-10 days. Before Wednesday, the feedstock prepared in downstream fabric mills and twisting units was r
