Analysis of price fluctuation characteristics and driving factors of polyester staple fiber market in February

In February, the price of polyester staple fiber showed the characteristics of high price adjustment frequency and large fluctuation range. The overall trend was strong, and the main influencing factor came from the cost side. In the short term, the geopolitical situation is uncertain, and the strong situation of crude oil prices may be maintained, which still supports the cost side of polyester staple fiber, and the price follows the cost upward. In the long run, the weak demand side may drag down the price.