Polyester plants have witnessed low stocks and moderate cash flow now, and the polymerization rate has recovered in Jun, which is expected to be averaged at 91%. Stocks of polyester plants (Unit: day)DatePSFDTYFDYPOY14-Jun8.820.5126.5Cash flow of polyester plants (Unit: yuan/mt)DatePET fiber chipPOY
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