The New Year holiday, combined with a slowdown in follow-up orders from end-users, widespread bearish sentiment in the market, and diminishing marginal effects of traditional promotions, led to a passive accumulation of inventory among yarn enterprises during this period. According to statistics, as of January 4, the inventory in the pure polyester yarn industry stood at 22.43 days, an increase of 0.47 days compared to the previous week.

PriceSeek's analysis of polyester yarn indicates a bearish score of -1.5. The article highlights that the New Year holiday, coupled with the slowdown in follow-up orders from end-users, the spread of bearish market sentiment, and the reduced effectiveness of traditional promotions, resulted in a passive accumulation of inventory in the pure polyester yarn industry to 22.43 days (an increase of 0.47 days compared to the previous week). This reflects weak demand and oversupply, exerting significant downward pressure on the spot price of polyester yarn.

Additionally, polyester staple fiber, as the primary raw material for polyester yarn, experienced a general decline in futures prices (e.g., the settlement price of the main contract 2603 dropped by 66 yuan per ton to 6,480 yuan per ton in a single day). This may further drag down the futures price of polyester yarn through cost transmission effects, reinforcing the bearish market outlook.