with the recovery of closed plants market supply will gradually increase

Generally speaking, from Sep to Oct, with the recovery of closed plants, market supply will gradually increase, hence PET bottle chip price may face downward pressure and processing spread may shrink. In Q4, there are still some maintenance plans, which is uncertain yet. Export market, overseas plants may not likely to restart within short term, and some may still turnaround in Q4, hence FOB Shanghai price may likely to hover within -20-30 to +20-30 range. There is no big chance to see sharp decline.