Added 6.05 million tons! In the second half of the year, multiple sets of equipment are planned to be put into operation, and polyester factories may take the initiative to moderately reduce production.
June is the off-season of the polyester market, but this year the polyester market is "extraordinary". On June 14, the production and sales of polyester increased, and the production and sales ratio of the day was as high as 400%, and the production and sales ratio of some factories was as high as 700%, reaching the "highest peak" of production and sales within the year.
The recent peak of production and sales in the polyester market is mainly due to the improvement of market sentiment. After the price of PTA rose, the price of polyester did not follow the price increase of PTA. Instead, the factory adopted profit-sharing promotions. At the time when the downstream concentrated replenishment, the downstream immediately appeared heavy volume The situation of the transaction.
In fact, price reduction promotions are more common in the polyester market, as a way of exchanging price for volume to ensure a healthier polyester factory inventory. With the continuous expansion of the production capacity of polyester factories, the market as a whole showed signs of overcapacity. In order to expand the share of the downstream market, polyester factories began to focus on profit-sharing promotions.
At present, the new production capacity of polyester has been put into production smoothly, while the load has remained high, and the inventory pressure has not yet been significantly enlarged.
