Weekly News - Market Dynamics Observation

That week, in terms of polyester staple fibers, crude oil fell, but PX remained volatile due to financial speculation and other factors. Under cost support, polyester staple fibers maintain interval consolidation, with most downstream purchases being mainly in demand. The weekly average price of polyester staple fibers decreased by 35 yuan/ton month on month. In terms of viscose staple fibers, the overall market for viscose staple fibers has declined, and various factories are actively promoting. After high-end large factories started promoting last Friday, other factories quickly followed up on the weekend, and the price center of viscose staple fibers has been lowered. The average weekly price of viscose staple fibers decreased by 126 yuan/ton month on month.

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