SunSirs: Market Situation of Polyester Staple Fiber in Some Regions of China on September 9th
September 10 2024 10:19:21 SunSirs (John)
On September 9th, the domestic polyester staple fiber market in East China remained stable, with mainstream factories quoting prices ranging from 7,450-7,550 RMB/ton, unchanged from the previous trading day. The decline in raw material prices had weakened cost support, and traders were facing tight supply of low-priced goods, causing a shift in the focus of transactions.
On September 9th, the domestic polyester staple fiber market in North China remained stable, with mainstream factories quoting prices ranging from 7,450-7,500 RMB/ton. The focus of low-priced goods for traders had shifted upwards, while raw material prices continued to decline. Downstream purchases were made on demand, and market transactions were average.
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