Supply and Demand - As of December 12, the operating rate of direct-spun polyester short fibers decreased to 95.5%, down by 2% [3] - Downstream sales remain weak, with inventory showing a slight increase [3] Price and Profitability - On December 16, the spot price for semi-dull 1.4D remained stable, with mainstream quotes in the range of 6400 to 6500 [1] - The processing fee for short fibers reached approximately 1114 CNY/ton, while the processing fees for PF2602 and PF2603 were 914 CNY/ton and 885 CNY/ton, respectively [2] Market Outlook - Despite some maintenance on individual units, short fibers still have profit margins and factory inventory pressure is not significant, maintaining high supply levels [4] - Seasonal demand is weakening, and while there is limited pressure on short fiber inventory in the short term, the overall demand support is weak due to seasonal order declines from yarn factories [4] - The absolute price of short fibers is expected to have limited driving force, primarily following fluctuations in raw materials [4]
短纤：供需预期偏弱 短纤跟随原料波动
Jin Tou Wang·2025-12-17 02:15