Yarn demand continues to be sluggish, and the weakness of polyester staple fiber is difficult to change

This week, the domestic polyester staple fiber market stabilized after the first stabilization. Due to the strong trend of crude oil recently, since the beginning of this week, the news of crude oil rushing to 100% has been heard, and the market is growing. In addition, polyester chips and polyester filaments are driven by downstream demand for restocking, production and sales rebound, and prices rebound. Staple fiber stabilized and stabilized. The mainstream price in the Jiangsu and Zhejiang markets was 10,800 yuan/ton, down by 150 yuan/ton from last weekend, with a weekly decline of 1.37%, slowing down from the previous period.　　 At present, the upstream polyester raw material PTA is also showing signs of stabilization. The price has been hovering at 8,100 yuan/ton for four days, but due to the lack of favorable support, the market has not changed significantly. At present, the main factor restricting polyester staples is still the downstream demand. Due to the serious shrinking of terminal orders, the high downstream yarn inventory, the continuous decline of quotations, the lack of market confidence, the overall demand is difficult to boost. The weekly guidance price of Sinopec polyester staple fiber continued to fall: the direct-spinning semi-gloss 1.4D*38mm was reported to 11,200 yuan/ton. The mainstream quotations of domestic polyester manufacturers have stabilized at RMB 10,700-10,800/ton. Due to the slight increase in polyester staple fiber shipments recently, the stock of staple fiber manufacturers fell to 14.5 days, and the comprehensive load of polyester staple fiber fell to around 64.3%. Due to the continued sluggish demand, it is estimated that the polyester load may still fall further in the later period. Zhao Guizhen, a market analyst for the polyester industry chain of Longzhong Information, believes that the weakness of the polyester market is difficult to change, and the benefits are hard to find. It is estimated that the fluctuation space of polyester staple fiber is limited in recent days, and the weak adjustment will continue.