Operational Trends in the Chemical Fiber Industry in 2024

Throughout 2024, the chemical fiber industry generally exhibited a trend of restorative growth. In the first half of the year, the market remained relatively stable. During the third quarter, cost support weakened, leading to a downward shift in price levels. Despite a slowdown in new capacity additions, operating rates remained relatively high, resulting in a 9.53% increase in production. Inventory levels were higher than those in the same period last year, but inventory pressure was dynamically manageable. The industry's economic performance improved year-on-year, although profit growth gradually narrowed.