Views: 3 Author: Site Editor Publish Time: 2020-01-14 Origin: Site
Inventory
Due to high profits, PTA supply has increased significantly and the inventory continued to rise (expected to be around 700,000 tons), a historical median level. However, due to the increase in polyester demand, from the perspective of inventory consumption ratio, inventory of 12-13 days is still in a neutral low level. From the perspective of market performance, the PTA spot market gradually transitioned from tight to loose in December.