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In 2022, the operating rate of polyester plants was high at first but declined later. In the first quarter, the polyester polymerization rate gradually increased when the crude oil and petrochemical cost was expected to ascend, hitting yearly high at 95% in mid-March. However, with weaker external e
Polyester market faced obviously worse operation environment in 2022. End-user demand remained bleak pressed down inflation outside China and the spread of pandemic in local China. Price of polyester products curved a "V"-shape trend throughout 2022. In the first half of year, price of polyester pro
Polyester market saw sharply falling sentiment in 2022. The market fundamentals apparently changed. Above 5 million tons of new units started operation and the growth rate of capacity kept rising compared with 2021. However, the polyester production saw negative growth in 2022. In addition, polyeste
