Too Much is Not Always Bad——Li Shufu, Chief Consultant, PCI,
2015-04-10
In the report, Mr. Li analyzed the market status of polyester feedstock in medium run. He thought global demand for polyester, especially PFY, is increasing, while demand for natural fiber is reducing. He said PTA plants which have been under deficit or around cost line have started or will exit PTA market, and export is no longer the optimized solution. He expressed that MEG plants witness considerable profit. Finally, he expects polyester market may welcome a rebound in 2015.