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2015 Chinese polyester market review and forecast of 2016
——Yuan Yuan from CCFGroup
2016-03-24 18:03:18
Yuan Yuan probed into her report in three parts. Firstly, she introduced the macro tone and 2015 polyester market features. PTA production control and plunging crude oil was main tone for 2014. In 2015, volatile macro environment played the main role and affected polyester market greatly. Economy softened and market fundamentals weakened. Secondly, she pointed out the highlights of polyester industry in 2015. PX market was featured with squeezed profits and rebounding prices. PTA market was marked by overcapacity and capacity reshuffle. MEG market took on periodic changes.
At last, she share her forecast for polyester industry in 2016. The effective capacity, demand, operating status, inventory, end-user market performance, import and export as well as government policy are worth concerns.
