化纤头条 | 上游迫于成本涨价，下游观望心态不改……纺织人需要多久才能接受成本上涨？

Group 1 - The geopolitical tensions in Iran have escalated, leading to increased military presence from the US and a rise in international oil prices, which has subsequently affected the polyester chain, resulting in a price increase across various products after the Spring Festival [2][3] - After the Spring Festival, Brent crude oil prices rose by 5.52% compared to pre-holiday levels, significantly boosting the costs in the petrochemical market, with 67% of 42 major petrochemical products experiencing price increases [3] - Specific petrochemical products that saw price increases include petroleum coke (5.1%), PX (3.67%), styrene (3.06%), pure benzene (2.92%), and PTA (2.8%) [3] Group 2 - Despite the price increases in upstream materials, downstream weaving enterprises remain cautious, with many still on holiday and those operating hesitant to ramp up production without existing orders, resulting in average sales rates for polyester filament remaining at 20-30% [5] - The chemical industry, including polyester, is expected to operate under a "de-involution" logic in 2026, moving away from the previous model of exchanging price for volume, with a focus on controlling production capacity to prevent excessive inventory growth [7] - The textile industry faces challenges in raising fabric prices due to significant existing inventory, which continues to exert pressure on the spot market, indicating that while upstream de-involution is showing effects, the downstream sector still has a long way to go [7] Group 3 - Recent tariff issues in the US may create a temporary window for textile exports, allowing Chinese textiles to face only a 10% tariff, similar to Southeast Asia and Mexico, potentially leading to a surge in exports and supporting market conditions in the first half of the year [8]