According to the commodity market analysis system of Shengyi Society, the supply and demand are weak, and the price center of polyester filament has remained stable this week. On January 24th, the mainstream polyester filament factories in Jiangsu and Zhejiang quoted POY (150D/48F) at 7100-7300 yuan/ton, polyester DTY (150D/48F low elasticity) at 8300-8500 yuan/ton, and polyester FDY (150D/96F) at 7500-7700 yuan/ton.

This week, the trend of crude oil has shown a volatile trend, although there are some upward driving forces, such as the extreme cold weather in Europe and America stimulating fuel demand, and the intensified supply concerns caused by the new round of sanctions imposed by the United States on Russia, showing a volatile characteristic.

Due to the influence of the Spring Festival sentiment, the polyester filament market has a strong wait-and-see atmosphere, and the trend appears scattered. Downstream procurement has basically stopped, fabric sales in the weaving market have begun to shut down, and there is a large area of weaving parking.

Overall, it is expected that the polyester filament market may operate with a strong cost logic, with limited fluctuations.