The market price of polyester products continue to fall

Jul 26, 2023

 Will the market price of polyester products continue to fall? We don't believe it will be so pessimistic. In 2023, end-user demand and operating conditions are actually improving year-on-year, and prices throughout the polyester industry chain are at a relatively low historical level. The probability of a significant continued squeeze is not very high. We can compare the inventory and operating rate of some products graphically. In actual comparison, there is a significant recovery in year-on-year and month-on-month operating conditions for processing links such as weaving, twisting, grey fabric, printing and dyeing.

The cotton crops grow in different size affected by the low temperature
The industry is more competitive, resulting in more intense price competition

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