ChemPriceHub Important Reminder: Polyester Staple Fiber Market Weak, Transaction Activity Sluggish

On February 3, the market price of polyester staple fiber in the Fujian region was 6580-6650 yuan per ton for short-distance delivery. Support from the cost side has weakened, resulting in a market with prices but no actual transactions, leading to sluggish trading activity and overall market softness for polyester staple fiber. PriceSeek's analysis of polyester staple fiber gives a long-short score of -1.5. The article points out that on February 3, 2026, the spot price of polyester staple fiber in the Fujian region was 6580-6650 yuan per ton. The weakening support from the cost side has increased pressure on the supply side, while the market is in a state of "having prices but no actual transactions," with sluggish trading activity, reflecting a severe shortage of spot demand and significant downside price risks. In the polyester staple fiber futures market, such as the Zhengzhou Commodity Exchange contract 2607 closing at 6588 yuan per ton (down 60 yuan from the previous day), changes in open interest indicate weakening market liquidity, putting synchronous pressure on futures prices. The overall market softness reinforces bearish expectations, with a score of -1.5 indicating a strong bearish impact, though not driven by extreme events.