Shengze Market Pure Polyester Yarn Price Down
In the latest stage, the pure polyester yarn Market in Shengze market was weak and the price was down. As of March 2nd, the market prices of 21s, 32S, 45s and 50s were 11400 yuan / ton, 11900 yuan / ton, 12900 yuan / ton, 14000 yuan / ton respectively, and the price dynamic showed that most of the products had a decrease of 100-200 yuan / ton.
According to Guo boss, who specializes in pure polyester yarn, the reasons for the decline of polyester yarn prices in recent stages are discussed.
First, the price of the upstream polyester staple fiber has been lowered, and the average price in the market has fallen to 7750 yuan /T. At present, the price is forcing the price of pure polyester yarn to be adjusted.
Two, there are a lot of backlogs for weaving fabrics, and the demand for pure polyester yarn is decreasing.
Three, fierce competition in the market, unstable business mentality, eager to sell inventory, and even the price reduction of pure polyester yarn prices to suppress; it is estimated that pure polyester yarn prices may continue to decline.
Editor in chief: Xu Qiyun
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