Commodity News
SunSirs: It is Expected that Polyester POY Inventory will Gradually Accumulate in the Near Future
May 30 2023 10:00:55On May 29th, the benchmark price of polyester POY in SunSirs was 7465.00 RMB/ton, a decrease of -2.71% compared to the beginning of this month (7673.33 RMB/ton).
The raw material side PTA rebounded in the short term, and with the boost of cost benefits, polyester filament saw a slight rebound in the short term. But in May, multiple polyester devices were restarted,
Under high supply pressure and poor weaving and terminal demand, it is expected that the inventory of polyester filament market in the future will gradually accumulate, forming a certain pressure on prices.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-04-02 SunSirs: Dragged by Bullish and Bearish Factors in March, Polyester Filament Prices Fell
- 2025-02-10 SunSirs: In the First Week after the Holiday, the Price of Polyester Filament Remained Basically Unchanged Compared to before the Holiday
- 2025-01-25 SunSirs: Supply and Demand Were Weak, and the Price Center of Polyester Filament Remained Stable This Week (January 20-24)
- 2025-01-21 SunSirs: Cost Supported, Polyester Filament Prices Had Risen This Week (January 13-17)
- 2024-12-30 SunSirs: This Week, the Price of Polyester Filament Was Temporarily Stable, with Some Adjustments (December 23-27)
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