According to the commodity market analysis system of Shengyi Society, the price of polyester filament in the first week after the holiday was basically the same as before. On February 8th, the mainstream polyester filament factories in Jiangsu and Zhejiang quoted POY (150D/48F) at 7100-7300 yuan/ton, polyester DTY (150D/48F low elasticity) at 8300-8500 yuan/ton, and polyester FDY (150D/96F) at 7500-7700 yuan/ton.
During the Spring Festival holiday, the decline in crude oil dragged down the trend of polyester raw materials, but due to the downstream weaving end not resuming work and production, the market trading was quiet and the wait-and-see atmosphere was strong, resulting in a small fluctuation in the price of polyester filament. From the 24th to the 7th after the holiday, prices remained unchanged. On the 8th, some polyester filament manufacturers raised their prices by 50 yuan/ton.
The polyester filament market will be affected by multiple factors after the New Year. The expansion of maintenance scale has led to reduced production, and fluctuations in international oil prices and possible tariff adjustments are also crucial. Recently, international oil prices have slightly fallen but remain high, pushing up the production cost of polyester. In addition, the Trump administration’s new round of tariff policies has added uncertainty to the market.
Overall, current data indicates that the polyester market remained strong at the end of last year, with low inventory levels in polyester filament factories, and the market continued to rise during the beginning of the year. It is expected that the polyester filament market may operate with a strong cost logic, with limited fluctuations.
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