PFY: sound sales hard to continue if demand remains muted

Sales of polyester filament yarn surged on Wednesday, with average sales ratio at around 170% by P.M.3:00, higher at 450-500% in some plants, but weakened this morning. Reviewing the sales ratio of PFY since late-Jul, there will be an improvement during almost a week.

3 times of improvement have some similarities: 1.Periodical low price, coupled with intensive promotion in big plants. 2. Feedstock inventory of end-users is mainly around 1 week, mainly 5-10 days, after intensive procurement.