Core Insights - The forum on August 20, 2025, focused on how the futures market can support the polyester industry in going international [1] - The current state of China's polyester industry shows a divergence with bottle chip production leading while short fibers remain stable [1] - Future improvements in the supply-demand balance for bottle chips are anticipated due to enhanced industry discipline and ongoing expansion in overseas markets [1] Industry Overview - Since 2019, global bottle chip consumption has shown stable growth, averaging an annual increase of 5% to 6% [1] - The Chinese market has outperformed, with domestic demand growing at an average rate of 9% and export growth reaching 16%, making it a key driver of global market growth [1] - The growth rate of bottle chip production capacity is expected to slow down significantly, with global and Chinese rates at 5% and 1.1%, and 9% and 2.2% respectively, which is notably lower than demand growth [1] Demand Dynamics - Changes in consumer habits have led to rapid growth in the consumption of bottle chips for fresh produce and milk tea, while oil bottle consumption has seen slower growth [1] - The optimization of demand structure is providing strong support for the bottle chip market [1] Export Trends - China's bottle chip export orders have shown a "pulse-like" characteristic, with exports reaching 3.46 million tons in the first half of 2025, a year-on-year increase of 16.5% [2] - The recent decline in raw material prices has led to a noticeable increase in bottle chip export orders [2] - There is an optimistic outlook for the future of bottle chip exports, with expectations for continued improvement in global market competitiveness and potential for increased market share [2]