Similarly, with the volatile decline of crude oil, the upstream PTA cost of polyester fell, yielding some of the profit to polyester. However, due to the no increase in terminal orders, polyester production and sales are flat, and polyester factories are high construction, so there is subsequent negative pressure.Recently, financial Union reporter learned that the recent mainstream polyester factory or collective production intention, Hengyi petrochemical, Sanfang lane, Rongsheng petrochemical and other polyester factories in mid-late March maintenance plan, but according to the data, the current polyester start load is about 93-94%, polyester inventory is still high.

In addition, it is understood that the weaving factories in Jiangsu and Zhejiang regions have been reducing production and negative burden in the last one or two weeks. By March 16, the comprehensive starting load of looms is less than 70%, and it may fall to less than 60% by Tomb-sweeping Festival."Business used to be good in March and April, but now it has to fall, indicating that orders are very poor."Industry experts mentioned that the opening rate of weaving factories is now slightly down, to the end of March and early April, the decline will expand significantly, or reduce by about 10%, in the case of frequent fluctuations in the raw material market, the downstream will only continue to wait and see in the short term.