After rising and falling, what is the follow-up trend of the pure polyester yarn market?

Reasons for the rise after the festival: Crude oil continued to rise during the Spring Festival, driving the cost of polyester staple fiber, and the rise of polyester staple fiber after the festival pushed the price of pure polyester yarn up. Reasons for post-holiday decline: The oscillating downward trend of polyester staple fiber has weakened the support at the cost end of the yarn, and the downstream has not fully resumed work. The yarn price has declined under the background of price and no market. After the Lantern Festival, its demand has not recovered as expected. The market demand is weak and the on-site trading is sluggish. Specifically, the reasons for the weakness are as follows: 1. The downstream operation load is relatively low after the holiday; It is not as fast as the spinning mills, and the downstream has a certain stocking before the festival; third, the decline in the price of polyester staple fiber in the later period makes the downstream cautious to get the goods.

Follow-up market operation situation analysis:

After the Spring Festival, the price of yarn has gradually declined after the increase of raw materials. It is expected that the price of pure polyester yarn will still fluctuate and sort out this year.

1. Cost

For polyester staple fiber, it is still necessary to pay attention to the changes in the cost side. From the perspective of crude oil, it is still strong in the short term, but in the long run, high oil prices will stimulate the increase in supply and suppress demand, so high oil prices will inevitably return to low oil prices. From the perspective of supply and demand, the growth rate of supply is lower than that of demand, and the contradiction between supply and demand will be It will intensify, and the export dividend of staple fiber terminals will gradually decrease, which will make it difficult to support the price of staple fiber. Therefore, the main tone of polyester staple fiber in 2022 may be a shock and correction.

2. Supply and demand

In the short term, the current supply is gradually recovering and the output is increasing, but the demand recovery is slower than in previous years, and the supply pressure is gradually emerging. In the long term, the follow-up supply is stable, but the demand may be in a state of rigid demand for as long as last year. The goods are not smooth, the overall supply and demand mismatch is obvious, and it is difficult for the supply and demand to support the yarn price to rise.