Views:2 Author:Site Editor Publish Time: 2019-08-23 Origin:Site
Recently, PET flake prices are firm. After PFY plants cut production or suspend operation, the popcorn prices are hard to decrease. Currently, close virgin PSF is supported somewhat by the costs. This year, the close virgin PSF prices are in downward trend at the most of the time, and prices are the major factor to the sales.
Cash flow of polyester products is above 400yuan/mt, and there is still downward space. Therefore, it is heard that some buyers in Fujian and Hebei turn to purchase virgin PSF. The market shares of close virgin PSF are squeezed by the virgin PSF.
In 2020, the new units of virgin PSF and recycled PSF will be put into operation intensively, and the competition will be fiercer.