In 2018, China’s domestic GDP growth rate fell, but the overall economic situation remained stable operation. And of the zipper industry can be described as a quiet year, affected by the sharp fluctuations in the price of raw materials, zipper industry has also experienced a severe test. 2018, polyester filament relative to last year, both the operating rate or the overall profit has a big improvement, especially FDY profits more than a few years the best period, that is, sliced spinning in the second half also have a better profit. In recent years, the average annual price comparison, the 2016 annual polyester yarn price are still in a relatively low stage, the average annual price of silk and last year was flat. Years high prices rebound in the last year, appear at the end of the year, and high end prices.

From the price trend, the first three quarters of 2016, polyester prices fluctuation is limited, mainly the cost side changed  little, and the demand is not large, until the fourth quarter, not only the cost of end of substantial up lift, especially MEG, and the terminal to start high, demand is good. In the past three years, the polyester capacity expansion rate slowed, and in recent years the long-term parking device in creases, the relationship between supply and demand  has been improved. Throughout the year, 2016 direct spinning factory construction is given priority to with high, polyester silk production load on long remained at 80%, is different from last year’s frequent changes of the up and down.Terminal construction well, plus the loom and draw texturing machine’s new equipment put into production, overall just need more polyester yarn is good.