Inventory and cash flow of PFY was sound

Inventory and cash flow of PFY was sound, strongly supportive to the operating rate

Stocks of PFY have decreased to normal level now, mainly around 12-13 days for POY, around 15 days for FDY and around 21-22 days for DTY. POY and FDY has been sold out in many companies, and most new orders will be delivered in 1 month, shorter at around 7-10 days. Even if the rigid demand does not follow up later, it will take time to see mounting inventory burden in PFY companies.