Polyester filament: short-term "two high, two low" stalematic difficult

Now, polyester filaments are currently high cost, high inventory, low demand, low profit, what is the cause of this situation? How to predict the future market trend?

Since February, severe cold weather and War and other geopolitical influences, the international crude oil has risen, support the polyester raw material end, high cost, polyester filament price increase, as of March 9, aggregation cost is 7495 yuan / ton It rose 15.68% from the Spring Festival, and polyester filament POY150D / 48F is 8350 yuan / ton, up 7.05% from the Spring Festival, and the polyester filament is limited, and the profit encounters rapid extrusion.

In terms of supply, due to the loss of last year, most factories have been maintained, the stacking plant worried about the loss of workers, the polyester load is generally higher during the Spring Festival, and the supply will continue to increase, and the supply of polyester filaments in February is 2261 million tons, ratio Up to 19.3% in the same period last year, the downstream demand workers returned to the country and the new order, the recovery was slow, the superimposed downstream of the high-priced raw material was more contrary, the purchase is poor, the factory inventory pressure is increased, the market is weak, the market is weak, the profit rapid extrusion .