Operation recovery of downstream plants Downstream plants were slower in recovering production after Lunar New Year holiday compared with past years, which was mainly because the return of non-local workers was late. With the deeper transfer of manufacturing industry into Chinese inland, many worker
Prices of polyester filament yarn plunged since mid-Sep and have declined to the low level in early-Jun when price started rising.Sales ratio of PFY increased in recent days after polyester feedstock climbed up with slightly rising crude oil price, and price reduction of PFY slowed down, even moving
The traditional peak season “Golden Sep and Silver Oct” in the second half of year turns into “Iron Sep and Copper Oct”, which is a big contrast compared with the first half of year, surprised the market. Sharp up-and-down of feedstock in the third quarter was related with such circumstance but the