Polyester Industry Chain 2024 Forecast!

  At present, the overall supply and demand of the polyester industry chain are weak, and the polyester industry is greatly constrained by the high cost pressure of upstream raw materials. It is expected that in 2024, due to overcapacity, the profit of the polyester industry chain may be further compressed. However, due to factors such as policies and environment, it is expected that the phased out production capacity of polyester filament will be between 2-2.5 million tons from 2024 to 2025, and Southeast Asian exports will increase. The negative production capacity growth in the industry is about to come, and the supply of polyester is strongly supported, which is expected to continue to rise.