Shenyin Wanguo: Maintain The Polyester Industry Optimistic Rating

　　 Shenyin Wanguo The latest strategy research report shows that the growth of domestic polyester consumption is not only driven by the export of textile and garment in the lower reaches, but also an important factor for domestic consumption. The domestic demand market is the main market of China's polyester industry in the future. 1-9 months Textiles and garments The total export volume increased by 23% compared with the same period last year, while the total retail sales of domestic textiles and clothing increased by nearly 28% over the same period, which is higher than that of exports. The future domestic demand market will be the main market of China's polyester industry in the future. The economic development, the acceleration of urbanization process, the improvement of living standards, and stimulation will continue. Consumption policy They are all factors driving domestic demand. Due to the time limit of new production capacity and equipment supply, it is expected that the polyester industry in 2011 will remain cautiously optimistic, but we need to be alert to the rapid expansion of the capacity of the polyester chain after 11 years. Before the middle of 2011, the demand increment of PTA will be higher than that of PTA. It is estimated that the good profit of PTA will remain in the same period. From 2012 onwards, the huge planned new capacity may return the PTA market to overcapacity. To maintain a good rating on polyester polyester industry, PTA enterprises recommend *ST Guanghua and Zhuhai port; polyester polyester enterprises recommend Huaxi Village, Yizheng chemical fiber H-share, Xia Ke environmental protection, Xinmin technology.