When end-user demand continues to be sluggish and intermediate link fails to boost the market, the upstream segments of the industry chain including yarn and VSF almost have no choice but to cut production apart from trying to compete for the remaining market share. However, there is still something
Entering Aug, seasonal demand for polyester fiber shows tendency to improve based on the following aspects:Orders for some non-conventional fabrics have started moving off, such as the new type water-jet elastic fabric including T400 elastic fabric and T8 stretch fabric in Shengze and popular warp k
PSF plants and polyester yarn mills perform well year to date. In Dec 2018, the eased China-US trade war stimulated market demand obviously. PSF and polyester yarn inventory slid quickly and were short of supply during Spring Festival, leading to high operating rate of PSF plants. After Spring Festi