In the fourth quarter, the pace of polyester production capacity deployment may slow down

    In the fourth quarter, only two sets of polyester filament units were put into operation, involving a total production capacity of 750000 tons. This year, the growth rate of polyester filament production capacity is significant, mainly concentrated in the first three quarters, with a total of 4.12 million tons of new production capacity, and the production capacity is expanding rapidly. In recent years, the domestic polyester filament industry has maintained relatively stable growth in terms of production capacity and output. However, as the market tends to become saturated, the subsequent increase in polyester filament production capacity may be limited, and the expansion trend of industry production capacity may slow down.
    Overall, the polyester filament market may fluctuate and decline in the fourth quarter. As downstream and terminal winter orders are gradually delivered, terminal demand may run out in advance, and the market atmosphere is cautious and wait-and-see, highlighting the pressure on polyester filament supply. With the continuous increase of inventory, enterprises may reduce their burden and avoid risks, and the scale of production reduction will expand. Therefore, they hold pessimistic and cautious expectations for the polyester filament market in the fourth quarter, and continue to pay attention to the trend of raw materials and the negative feedback caused by the weakening downstream demand.