Orient Securities released a research report saying that under the influence of the Middle East crisis, despite poor supply and demand conditions, the profitability of the polyester industry has increased significantly. The bank believes that business strategy adjustments are gradually beginning to play an important role. The polyester filament industry chain underwent active business strategy adjustments under the crisis, making the industry's profitability bucked the trend. If this adjustment is prolonged, it is expected to bring the profit level of filament and PTA to a new level.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.