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Large refinery projects successively start operation, and upstream capacity expands rapidlyIn the past two years, large-scale refining and petrochemical projects of domestic private giants have continued to accelerate. At the end of 2019, a centralized production startup period has ushered in. For t
The profit of the polyester industrial chain was reallocated recently. The profit of PX, MEG, DTY and grey fabric market in expectation of weak fundamental is transferred to the PTA and polyester sectors in anticipation of strong fundamental.On the afternoon of March 24, the refining and chemical in
Price of polyester industrial yarn gradually stabilized after declined obviously in Nov, and profit of PIY kept high during most of 2018 except for Nov, with annual profit to be higher than that in 2017. Although PIY market is supposed to welcome capacity startup peak in the next 2 years, the PIY ma
