“Polyester filament seems to be unable to rise. Will the price drop?”
“Raw materials have been in short supply recently, do you want to stock up?”
…
As the rising momentum of polyester filament yarns gradually slows down, various market speculations about polyester yarns have emerged recently. Is the “golden season” of September really so hot? Or is it just a symptom?
On the “Golden Nine” track, polyester prices are climbing to high levels!
The “Golden Nine” track of the polyester filament market has actually started in late August. With the stimulation of the polyester market supply-side seminar, both the cost boost and the increase in downstream demand have helped the polyester market. The “racing” market started at the end of August, and the mainstream prices in the market once experienced a general rise. The second round of gains continued into early September, and the prices of various polyester yarn products continued to rise; however, in recent days, the price increase of polyester yarns has indeed shown signs of stabilization.
However, judging from the specific price data, the current mainstream quotations in the FDY 150D market are concentrated around 9,350 yuan/ton, a sharp increase of 8.72% month-on-month, and an even greater year-on-year increase of 21.43%. In addition, for example, the mainstream quotations in the DTY 150D market have also increased significantly, with the price center breaking the 10,000 yuan mark and a month-on-month increase of nearly 18.26%. Similarly, POY’s rising momentum is also quite strong, with room for substantial growth both month-on-month and year-on-year, especially the year-on-year increase to around 26.60%.
In “Golden September”, polyester profits are real!
With the high prices of polyester filament products, polyester manufacturers will reap real profits in the “Golden September”. In the recent period, the profitability of FDY, POY and DTY products has been rising strongly, with profits almost doubling month-on-month, and the month-on-month profit is steadily increasing.
In particular, FDY has firmly secured the “throne” of the profit champion. For example, the profit of FDY 150D not only exceeds the level of 1,000 yuan, but also frequently reaches the highest profit level during the year. The current profit margin has reached 1,200 yuan/ton, with a month-on-month increase of 96.08%. , the year-on-year increase is also close to 53.06%.
Under favorable conditions from all parties, the profits of POY products have also rebounded strongly. The profit of POY 150D has increased by nearly 92.42% month-on-month, and the year-on-year increase has reached 213%, which is absolutely stunning.
As a small partner, DTY is naturally not to be outdone. Recently, the profit level of DTY 150D has been close to a thousand yuan, with a year-on-year increase of more than 118% and a month-on-month increase.
Seeing this comparison, do you still dare to say that polyester filament is not strong?
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