Under current situation low price of PFY was hard to stimulate downstream demand

Reflected from the sales ratio, it was found that the strength of surging sales diminished, while the comprehensive stocks of PFY was still in upward consolidation.

Under current situation, low price of PFY was hard to stimulate downstream demand.

As for the stocks of grey fabric market, the inventory kept falling in Oct compared with Sep, but the reduction speed was slower than anticipation and worse than the same period of last year. Current stocks remained high.