Galaxy Futures: Bottle chip inventory continues to decrease

Bottle chip spot liquidity is relatively tight, and some of the Sanfangxiang devices have reduced their load. Jiantenglong is operating with a 50% reduction in load due to raw material shortages. Fujian Baihong’s one set of 350k-ton-per-year polyester bottle chip units has recently restarted production, and the overall inventory of domestic polyester bottle chip factories has declined to around 7 days or slightly below. Factory inventories continue to be cleared, the bottle chip export market is warming up, overseas orders are concentrated for shipment, and processing fees are improving. (Galaxy Futures)