China Fibers and Textiles Sep.2016 | Page 3

2. Reduction of feedstock procurement

In addition, NFY plants run stably to consume the raw material reserves and replenish rationally, which can directly reduce capital expenditure for feedstock buying.

3. Reduction of deficits

Despite sufficient orders of NFY plants

in previous time, whether the demand an grow smoothly later remains unknown, so NFY plants will face large risks if they run at high rate. Moreover, as feedstock price has surged to high level, NFY plants have suffered general losses on hand-to-mouth production, and low operating rate can reduce deficit better.

4. Helpful to continue rising

Above all the benefits, pressures on NFY plants are gradually eased. Although downstream products are still hard to chase up, which pressures on continuous rise of NFY prices, NFY plants have lightened their load to follow up continually.

Innovation·Fashion·Health——2016 nylon & spandex industry forum", hosted by CCFGroup, co-organized by Transfar Chemicals, sponsored by Xinxiang Bailu Investment Group, Yufeng Melt Filters, Sumitomo Chemical Asia, Schultz and Suzhou Xinlun Subassembly Factory was held during Sep 22-23. Around 240 participants attended the forum and heard presentations from CCFGroup, Galaxy Futures, Far Eastern, BASF Asia-Pacific, China Knitting Industrial Association, etc.

2016 Nylon & Spandex Industry Forum