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
- 2024-03-27 SunSirs: Cost Support Weakened, and the Price Center of Polyester Filament Decreased
- 2024-02-19 SunSirs: Expectations of Strength in Upstream and Downstream, the Price Center of Polyester Filament Shifted Upwards
- 2024-01-19 SunSirs: Boosted by Cost Benefits, the Price of Polyester Filament Was Upward
- 2023-12-01 SunSirs: Supported by Urgent Replenishment, the Price of Polyester Filament Stopped Falling and Rebounded in November
- 2023-11-03 SunSirs: On November 2nd, the Domestic Polyester Filament Market Price Maintained a Decline
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