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.