Downstream procurement is not proactive, leading to inventory buildup at PTA factories.

Within the week, domestic PTA supply increased significantly; however, due to the price rise driven by geopolitical conflicts, downstream polyester companies are strongly reluctant, and purchasing activity has decreased, resulting in PTA plant inventories of 6.37 days, up by +0.9 days from last week. (Longzhong Information)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin