On February 3, the market price of polyester staple fiber in Shandong region was between 6,600 and 6,680 yuan per ton, delivered. With weak cost support and a clear off-season in demand, the price of polyester staple fiber showed signs of softening. PriceSeek analyzed polyester staple fiber, giving it a bearish score of -1.5. The article pointed out that the market price of polyester staple fiber in Shandong region was 6,600–6,680 yuan per ton, and the combination of weak cost and off-season demand led to price softening, indicating downward pressure on spot prices. Combined with futures data, the main contract of polyester staple fiber on the Zhengzhou Commodity Exchange (e.g., the 2603 contract closed at 6,500 yuan, down 80 yuan) showed a downward price trend, with high trading volume and changes in open interest reflecting bearish market sentiment, reinforcing the bearish impact. The score of -1.5 was given due to the combined pressure from weak demand and declining costs, though it did not reach a significant bearish level.
Polyester yarn, bearish score: -1
As a downstream product of polyester staple fiber, the softening of raw material prices (weak cost of polyester staple fiber) may reduce production costs. However, the article emphasized that the off-season in demand is evident, and it is expected that the demand for polyester yarn will also be suppressed, leading to pressure on spot prices. The score of -1 indicates a general bearish outlook, as weak demand dominates the impact, but no futures data were involved.
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