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This fluctuation is likely attributed to shifts in shipment schedules.Previously, the spokesperson for the General Administration of Customs stated that the slowdown in export growth in September was mainly due to several short-term, sporadic factors. These included two typhoons that made landfall c
Currently, polyester products have suffered the losses except PET bottle chip, and virgin PSF plants begin to curtail production from mid-Mar, mainly for solid virgin PSF. Re-PSF prices have not increased much and some plants even provide discounts to sell, mainly affected by weak downstream demand.
Hot polyester market in Jun has cooled down rapidly in Jul.The primary performance is continuously slack sales of PFY since early-Jul, with sales ratio mainly lingering around 20-30% or even lower sometimes in the first half of Jul, and stocks of PFY have started mounting.With firm feedstock market,
Polyester products net exports grew a total of 69kt in May, With PET bottle chip and PET fiber chip contributing 55kt. PFY net exports increased 10kt plus, PET film export maintained steady, while PSF exports sustained negative growth(virgin and recycled not separated).Looking at monthly trend, poly
