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November 01, 2023

Industry Information - Weekly Industry Dynamics Observation

That week, in terms of polyester staple fibers, crude oil fluctuated, polyester raw materials remained volatile and consolidated, and polyester staple fiber prices followed the trend of consolidation. The weekly average price of polyester staple fibers decreased by 42 yuan/ton month on month. In terms of viscose staple fibers, there has been a significant reduction in downstream new procurement operations, with few transactions except for a small amount of demand. The operating data of viscose factories has shown differentiation, and high-end fibers are still at a high level of orders in hand, maintaining a strong price. Some factories in the middle end of the fiber industry have reduced their orders to within a week, and prices have eased. The average weekly price of viscose staple fibers decreased by 38 yuan/ton month on month. (Original text from official account - China Cotton Association)



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