China are still PET’s major consumption areas

In term of PET consumption in each region, E. and S. China are still PET’s major consumption areas, taking up 37% of the total share. But since some brands have changed strategic plan, PET resin consumption in E. and S. China shrank somewhat in Q1-Q3 2019. S.W. China’s consumption share over PET has been lifting, because downstream new capacity comes up and the industry partly shifts here. Near end Q3, demand in N. China slowed down as beverage plants started to turnaround on cooling down weather. Meanwhile, weather in southeast and southwest is milder, demand for PET hence keeps steady.