According to the Commodity Market Analysis System of Shengyi Society, on December 27th, the mainstream polyester filament factories in Jiangsu and Zhejiang Province quoted POY (150D/48F) at 6850-7200 yuan/ton, polyester DTY (150D/48F low elasticity) at 8100-8500 yuan/ton, and polyester FDY (150D/96F) at 7300-7500 yuan/ton, with a partial adjustment in focus.
In terms of cost: The domestic PTA spot market has maintained an upward trend this week, but the increase has narrowed compared to the previous period. According to the Commodity Market Analysis System of Shengyi Society, as of December 26th, the average price of PTA market in East China was 4831 yuan/ton, an increase of 0.37% compared to December 18th. Geopolitical concerns, despite the unstable demand outlook, have limited the upward potential due to expectations of an excess of crude oil.
In terms of production and sales, in terms of terminal weaving, some spring orders have been issued, but new orders continue to perform poorly. The polyester filament market is in a long short game, and recent new inquiries and orders have continued to narrow. Downstream users have a strong wait-and-see attitude, and market participation enthusiasm is not high. Today, the average production and sales of polyester are at 33.3%.
Business analysts believe that overall, the polyester filament market is expected to show a volatile trend, with weak fundamentals that may suppress price increases. The price fluctuation range may be between 50-100 yuan/ton.
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