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Recent developments in the global polyester chain / Salmon Lee in CHEMICAL FIBERS INTERNATIONAL, Vol. 70, N° 4 (12/2020)
[article]
Titre : Recent developments in the global polyester chain Type de document : texte imprimé Auteurs : Salmon Lee, Auteur Année de publication : 2020 Article en page(s) : p. 154-155 Langues : Anglais (eng) Catégories : Economie politique
Fibres polyesters
ProductionIndex. décimale : 677.47 Non cellulosiques : Nylon, acryliques, polyesters, vinyles Résumé : The polyester chain had a challenging year in 2019. It had to come to terms with over-capacity of varying degrees throughout the chain. Additionally, prices spiralled due to weakening upstream costs, while margins -or lack of - became squeezed.
The global economic landscape further tested the limits of market players already facing a difficult year. Nevertheless, what was remarkable was the resilience of the chain - particularly the polyester sector. Not only did polyester production not tumble, China led the world of polyesters to put in a credible show in downstream markets. This provided a silver lining amid dark clouds and gave hope that 2020 might not be as bad as previously feared.Note de contenu : - Overcapacity throughout the supply chain
- Overcapacity in PTA sector more subdued than PX
- MEG overcapacity seems most serious
- PTH physical markets also tightened in 2019
- Headwinds still plague polyester chain, but growth continues
- China to dent global polyester growthEn ligne : https://drive.google.com/file/d/1pPdGrbrrWq9Fmoju13_q7jMfjJJcSJla/view?usp=drive [...] Format de la ressource électronique : Permalink : https://e-campus.itech.fr/pmb/opac_css/index.php?lvl=notice_display&id=35030
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