Market demand is gradually declining, and with inventory accumulation, industry participants' bearish sentiment has intensified. Some enterprises have started to reduce production ahead of schedule, leading to an overall decrease in operating rates. According to statistics, as of January 15, the average operating rate of domestic pure polyester yarn enterprises was 70.32%, down 0.08% month-on-month. PriceSeek's analysis of polyester yarn indicates a bearish score of -1. The article points out that the demand for polyester yarn is gradually declining, inventory is accumulating, and industry participants' bearish sentiment is intensifying, with the overall operating rate falling by 0.08% month-on-month to 70.32%. The reduction in demand and high inventory levels indicate an oversupply situation, with market pessimism strengthening. The slight decline in operating rates is insufficient to effectively alleviate the oversupply pressure, and spot prices are expected to face downward pressure.