According to the latest market information, the polyester filament market has recently shown a generally stable to strong trend with prices fluctuating upwards. This is mainly due to the combined effects of cost support and declining inventory.   📈 Main reasons driving price increases   The recent strength in polyester filament prices is mainly due to the following factors:   · Increased cost support: The prices of the main raw materials for producing polyester filament (PTA and MEG, commonly known as "dual raw materials") are expected to rise, providing cost support for polyester filament prices.   · Proactive price support from manufacturers: Due to the previously persistently low prices, polyester filament manufacturers experienced significant cash flow losses. Therefore, manufacturers have a strong incentive to raise prices to restore profits, generally exhibiting a reluctance to sell at low prices.   · Easing inventory pressure: The market showed remarkable destocking results from the end of October to November, with a significant decrease in enterprise inventory. Low inventory means reduced supply pressure, which provides manufacturers with the confidence to raise prices.   • Favorable Policy and Demand: The cancellation of India's BIS certification boosted export sentiment in the polyester filament market. Meanwhile, with the delivery of autumn/winter apparel orders, end-user demand is expected to recover slightly, providing further upward momentum to the market.   📜 Review of Market Fluctuations This Year   Looking at the year as a whole, the polyester filament market experienced a clear bottoming-out and rebound process:   • Deep Decline: In July of this year, polyester filament prices once fell to a near three-year low. Taking the mainstream POY 150D/48F as an example, the transaction center was as low as 6550 yuan/ton at that time.   • Strong Rebound in Mid-Month: After hitting the low point, downstream users, fearing future price increases, concentrated on restocking, leading to a significant increase in production and sales data. Some companies even achieved a sales-to-production ratio of over 1500%. Company inventories decreased rapidly, and prices rebounded by approximately 150 yuan/ton.   • Monthly average price still declined month-on-month: Despite a strong rebound in late July, the average price for the entire month of July was still down 4.5% compared to June due to the deep drop in the first ten days.   🔮 Future Price Trend Outlook   Considering various factors, the polyester filament market is expected to maintain a volatile but slightly upward trend in the short term.   • Short-term forecast: Currently, cost support is strengthening, enterprise inventory pressure is not high, and manufacturers have a strong willingness to maintain prices, so there is no downside risk in the market at present. Prices are expected to continue to attempt a slight increase.   • Potential risks: It is necessary to closely monitor the actual recovery of end-user demand. If downstream textile orders fail to grow as expected, high prices may suppress purchasing demand, leading to weak market growth.   Hopefully, the above analysis helps you better understand market dynamics. If you are interested in price trends in specific regions (such as Fujian and Jiangsu) or more specific specifications, please let me know, and I can provide more specific information.

The escalation of the conflict between Iran and Israel has had a significant impact on the price of PTA (purified terephthalic acid) raw materials, mainly reflected in the cost-push effect brought about by the rise in crude oil prices and the market's concerns about supply chain disruptions. The following is a major analysis of the impact of the conflict on PTA prices:   Rising crude oil prices drive up PTA costs The Middle East geopolitical conflict (especially involving Iran and Israel) has led to a sharp rise in international oil prices. Since Iran is an important oil producer, the market is worried that its oil facilities may be hit or the Strait of Hormuz may be blocked, thereby affecting global crude oil supply. PX (paraxylene), the main raw material of PTA, is highly correlated with crude oil prices. The rise in crude oil directly pushes up PX costs, which in turn is transmitted to PTA prices. From June 12 to 18, PX spot prices rose 8.87% and PTA spot prices rose 7.21%.   PTA is supported by costs in the short term, but fundamentals are weakening Although rising crude oil prices have driven up PTA prices, PTA's own fundamentals are weakening. On the supply side, the operating rate of PTA units rebounded to 83%, while downstream polyester demand declined due to the off-season, with polyester load falling to 90.9% and terminal weaving operating rate falling to 68%. The market expects PTA to shift from destocking to accumulating inventory, but PTA prices will remain supported in the short term due to the crude oil premium caused by geopolitical conflicts.   Market sentiment and future uncertainty If Iran further blocks the Strait of Hormuz, global crude oil supply may be severely restricted, and oil prices may soar to US$120-130 per barrel, which will further push up PTA costs. But if the conflict eases and crude oil prices fall, PTA may be under pressure due to weak supply and demand fundamentals.   Impact of downstream industries The prices of downstream products such as polyester filament have risen with PTA, but the production enthusiasm of terminal weaving companies has been suppressed due to high costs and poor sales, resulting in a "price-free" market.   The conflict between Iran and Israel will support the PTA market in the short term by pushing up crude oil prices, but the supply and demand structure of PTA itself is weakening, and future price trends will depend on geopolitical evolution and fluctuations in the crude oil market. Investors need to pay close attention to the situation in the Middle East and changes in crude oil supply.

A indústria de fios de poliéster da China é um dos maiores produtores e exportadores mundiais de fios de poliéster, com uma vasta escala de mercado e forte competitividade. A seguir está uma análise da escala e do desenvolvimento da indústria de fios de poliéster da China:   Tamanho do mercado: A indústria de fios de poliéster da China ocupa uma posição importante no mercado global. Segundo os dados, a produção anual de fios de poliéster da China ocupa o primeiro lugar no mundo, respondendo por mais de dois terços da produção total mundial. O fio de poliéster é uma importante matéria-prima amplamente utilizada em têxteis, vestuário, têxteis-lar e outras indústrias. A enorme população da China e a economia em rápido desenvolvimento continuaram a aumentar a procura de fios de poliéster, dando à China uma enorme vantagem no mercado global.   Nível Técnico: A indústria de fios de poliéster da China fez progressos significativos em termos de nível técnico. Desde 1980, a procura do mercado de exportação têxtil da China aumentou, fazendo com que a capacidade de produção da indústria continuasse a aumentar. Depois de 2003, a tecnologia do poliéster foi continuamente otimizada e equipamentos de fiação em larga escala e novos materiais foram aplicados. Presume-se que a eficiência da produção da indústria do poliéster melhorou gradualmente e que a capacidade de produção da indústria foi suficientemente libertada. Ao mesmo tempo, a indústria de fios de poliéster da China também investiu muitos recursos em P&D e inovação para promover a atualização tecnológica e o desenvolvimento inovador.   Vantagem de custo: A China tem uma competitividade de custos significativa na indústria de fios de poliéster. A China possui uma cadeia industrial completa e mão de obra barata, tornando o custo de produção do fio de poliéster relativamente baixo. Isto torna os produtos de fios de poliéster da China competitivos no mercado internacional, especialmente em mercados sensíveis aos preços.   Exportação de comércio exterior: A indústria de fios de poliéster da China é um dos principais exportadores mundiais. Os produtos de fios de poliéster da China são exportados para todo o mundo e as exportações aumentaram significativamente. Os produtos de fios de poliéster da China são preferidos pelos clientes globais por sua qualidade estável, preços competitivos e especificações de produtos e propriedades de fibra diversificadas.   No geral, a indústria de fios de poliéster da China tem escala e desenvolvimento significativos no mercado global. A melhoria do seu nível técnico, a existência de vantagens de custos e o aumento da capacidade de exportação fizeram da China um participante importante no mercado global de fios de poliéster e ocuparam uma posição importante no cenário competitivo.