According to the Commodity Market Analysis System of Shengyi Society, the price of polyester filament yarn is expected to strengthen this week. On February 14th, the mainstream polyester filament factories in Jiangsu and Zhejiang quoted POY (150D/48F) at 7300-7400 yuan/ton, polyester DTY (150D/48F low elasticity) at 8450-8600 yuan/ton, and polyester FDY (150D/96F) at 7600-7800 yuan/ton.
At the beginning of this week, the polyester filament market showed a strong consolidation trend. The rise in the polyester raw material market has provided support for the market, with polyester fiber companies experiencing a slight increase in quotes and a narrow rise in market transaction volume. From mid week to the weekend, the polyester filament market remained stagnant and stable, with a relatively mild trading atmosphere and scattered trends. The market transaction volume fluctuated narrowly, resulting in light production and sales.
In terms of supply, the utilization rate of polyester filament production capacity in the early stage has increased to a high level of around 85%. Some devices in the industry are expected to restart, and there is a possibility of an overall increase in supply.
In terms of demand, although downstream processing industries have started production one after another, the overall recovery speed is relatively slow, and they are still in the early stage of consuming inventory, with low enthusiasm for purchasing polyester filament. At present, there are no obvious large-scale orders appearing, the market trading atmosphere is mild, and procurement actions are not significant.
In terms of inventory, the inventory of polyester filament POY/FDY/DTY reached 13.2/19.6/24.4 days respectively, which is at a relatively low level overall, but usually shows a trend of accumulated inventory after the holiday.
Overall, currently, the prices of polyester filament in most polyester factories remain largely unchanged, while some polyester factories have raised their prices for extinction products. The focus of DTY quotations is relatively weak, with sporadic price reductions in some factories. Business Society believes that the polyester filament market is running smoothly with limited fluctuations.
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