According to the Commodity Market Analysis System of Shengyi Society, on the 22nd, the mainstream polyester filament factories in Jiangsu and Zhejiang Province quoted POY (150D/48F) at 6950-7200 yuan/ton, polyester DTY (150D/48F low elasticity) at 8300-8700 yuan/ton, and polyester FDY (150D/96F) at 7400-7600 yuan/ton.
International crude oil prices fell widely. On November 21st, WTI December crude oil futures closed down 0.52 US dollars, a decrease of nearly 0.75%, at 68.87 US dollars per barrel. Brent crude oil futures for January closed down $0.50, down over 0.68%, at $72.81 per barrel.
With the end of the shopping festival, the terminal textile industry focuses on the urgent need for e-commerce orders, the clearance of raw fabric inventory, and the procurement of raw materials. Most manufacturers have reported that the order volume this year is lower than in previous years, and there is some support for domestic demand for thermal insulation fabrics. Considering the subsequent tariff issues for foreign trade orders, some orders are issued in advance but can only be processed on an average basis. There is a strong wait-and-see sentiment in the market, with few spot transactions and light production and sales of polyester filament.
Overall, there is no significant positive boost in the filament market, coupled with increasing supply pressure. It is expected that the polyester filament market will remain stagnant in the short term, with fluctuations ranging from 50-100 yuan/ton.
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