With the easing of domestic public health incidents, the textile market has just been able to take a breather. However, major events such as the plunge in crude oil and the outbreak of overseas public health incidents have occurred one after another. The polyester chip market has been under pressure and downwards, and the industry has a strong bearish mentality. Where will the market go from here? How can you enjoy the fragrance of plum blossoms without a sharp return to the cold? Even though the sparks before dawn cannot start a prairie fire, they give you some hope for the future.
Figure 1 Polyester chip price and cash flow trend chart