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Chip spinner-sacrifice to direct-spun pfy capacity expansion

Chip spinner-sacrifice to direct-spun pfy capacity expansion Source: www.ccfgroup.com
Date: 05-07-2012
Visits: 201
Very Poor

1. Low chip-spun operating rate, market share losing to direct spinners
O/R of direct-spun PFY and looms in Mar-Jun 2012
Chip-spun PFY operating rates in 2012

2. Chip-spun industry faces shuffles, divergence exists in different districts
2012 chip-spun PFY capacity distributions in Jiangsu/Zhejiang
2012 chip-spun PFY output in Jiangsu/Zhejiang

3. Raw material provider or competitor
Price spread between POY150D and SD chips in 2011-2012
Profits & price trend of PET SD chip in 2012
Profit & price trend of chip-spun POY75D/36F in Apr-Jun 2012

4. As divergences appeared among PET fiber chip suppliers, difficult situations of chip-spun PFY were released temporally.

5. Outlook: elimination or transformation?
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