With the arrival of the e-commerce Double 12, the production and sales of polyester yarn in Jiangsu and Zhejiang also seem to be ushering in the “Double 12” market, with a large volume of production and sales in the past two days. On Wednesday, the average production and sales in Jiangsu and Zhejiang reached 180%, and on the 12th, the average production and sales in Jiangsu and Zhejiang still performed well. For polyester production and sales, which have been sluggish in recent months, this can be regarded as a break from a long drought. Chemical fiber manufacturers, which are facing high inventory pressure, are finally able to reduce the pressure on their warehouses.
Why is polyester filament rising? What impact will this long-lost rally have on the textile market stocking before the Spring Festival?
With the help of news and fundamentals, downstream weaving “buys the bottom”, polyester filament will rebound in stages