the domestic export delivery volume of PET bottle chip will not be too small

So far, it can be basically confirmed that the domestic export delivery volume of PET bottle chip will not be too small in Q1. It is estimated that the export volume will be around 350000 tons in January, 250000-300000 tons in February and slightly above 400000 tons in March. However, it mainly depends on the final arrangement of the shipping schedule. In terms of domestic sales, orders in the second quarter are still on the loose side. However, precisely because domestic and foreign sales orders have been taken in ahead of time, since the second quarter, if the pace of order intake slows down, PET bottle chip factories are expected to turnaround ahead of schedule. The specific time is not determined now, for example, it was originally scheduled in April, but in view of the tight delivery, it may also be postponed to the end of June. Therefore, it is expected that the total inventory will slip to around 1 million tons by the end of March, nearly 200000 tons lower than that at the end of last year, while it’s of small chance to accumulate in the second quarter, mainly depending on the maintenance plans by then.