February 18 Shengze Jiaxing Polyester Filament Price Review

On February 18th, the polyester yarn market in Shengze and Jiaxing remained in a sideways consolidation phase. Prices for polyester filament in areas like Shengze, Tongxiang, and Taicang were relatively stable. For instance, a major local factory was offering POY75D/72F at 17,350 yuan per ton. Some popular varieties saw slight price increases, with certain POY products from Shaoxing and Xiaoshan also showing upward trends in ex-factory prices. However, slow-moving or heavily stocked items continued to see price negotiations, with some sellers willing to lower prices to facilitate sales. Looking at the downstream market, fabric and textile demand remained calm. Most weaving manufacturers and spinning companies have already cleared their inventory of hand-held goods. Meanwhile, some polyester filament traders focused on profit-taking and taking delivery, rather than aggressive buying. The overall market sentiment remained cautious, with a strong wait-and-see attitude. Although there is still pressure from high spinning stock levels, polymerization costs continue to provide support. For now, the polyester filament market is in a period of adjustment, with limited volatility but steady fundamentals. Market participants are closely watching for any signs of renewed demand or supply-side changes that could shift the balance.