Market Overview - As of August 25, the Zhengzhou Commodity Exchange reported a total of 5,553 short fiber futures warehouse receipts, a decrease of 200 from the previous trading day [1] - On the previous trading day, the price of polyester short fiber remained stable, with factories and traders maintaining steady shipments, leading to a cautious market atmosphere and light trading activity. The mainstream transaction price for semi-dull 1.4D was in the range of 6,500 to 6,750 [1] - As of August 21, the inventory of polyester short fiber in Chinese factories was 6.65 days, a decrease of 0.6 days from the previous period; physical inventory was 13.76 days, down 0.61 days [1] Institutional Insights - According to Southwest Futures, the short-term supply of short fiber remains at a high level, while demand has shown a month-on-month improvement, indicating that supply-demand conflicts are not significant. Short-term price movements for short fiber may follow cost fluctuations, with a focus on risk control and monitoring changes in costs and macro policies [2] - New Century Futures noted that there are no favorable factors on the supply-demand side for polyester short fiber, but the overnight rise in oil prices and a strong trend in raw materials may continue, suggesting that the market price for polyester short fiber is likely to stabilize positively today [3]
短纤自身供需端缺乏利好 短期或随成本震荡运行
Jin Tou Wang·2025-08-26 06:18