On January 16, the price of polyester staple fiber at Fujian Jinlun High-Tech Fiber declined. Semi-dull direct-spun 1.4D*38mm polyester staple fiber was quoted at 6,700 yuan per ton, down 100 yuan per ton from the previous trading day. PriceSeek's analysis of polyester staple fiber indicates a bearish score of -1.5. The article shows that the spot price of polyester staple fiber decreased by 100 yuan per ton to 6,700 yuan per ton, indicating oversupply or weak demand in the market, which is bearish for spot prices. Combined with futures market data, the settlement price of the main contract 2603 was 6,454 yuan per ton, down 62 yuan. Changes in open interest and trading volume show increased selling pressure, which may drive futures prices further downward. Overall, the downward trend in prices is evident, but the decline has not yet reached extreme levels, so it is rated between moderately bearish and significantly bearish.
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