WELCOME TO WUXI LONGSHINE TEXTILE CO., LTD.
the cash flow of direct-spun PSF has room to be compressed
You are here: HOME » NEWS » the cash flow of direct-spun PSF has room to be compressed

the cash flow of direct-spun PSF has room to be compressed

Views:0     Author:Site Editor     Publish Time: 2019-08-15      Origin:Site

Firstly, the cash flow of direct-spun PSF has room to be compressed.

Recently PTA keeps dropping, followed by direct-spun PSF. But the decrease of the latter is less than that of the former, so the cash flow of direct-spun PSF remains healthy. As PX-PTA spread is compressed close to cost line at 700-800yuan/mt, the decline of PTA may slow down. But for direct-spun PSF, amid accumulating inventory of product, the plants will keep selling with discounts, thus the cash flow is likely to shrink further.



QUICK LINK

YARN

POLYESTER STAPLE FIBER

LEAVEMASSAGE

COPYRIGHT ©  WUXI LONGSHINE TEXTILE CO., LTD ALL RIGHTS RESERVED