On February 10, a pure polyester yarn enterprise in Fujian with 80,000 spindles suspended operations for the Spring Festival and temporarily halted quotations. Previous reference offers were: ring-spun T32S at 10,600 yuan/ton, T21S at 10,300 yuan/ton, and T40S at 11,700 yuan/ton, with actual orders negotiated based on quantity.
PriceSeek analysis of polyester yarn: Bullish-Bearish Score: 1.5.
The article indicates that a pure polyester yarn enterprise in Fujian with a scale of 80,000 spindles suspended operations for the Spring Festival and temporarily halted quotations but provided previous reference prices (T32S at 10,600 yuan/ton, T21S at 10,300 yuan/ton, T40S at 11,700 yuan/ton). This suggests a short-term tightening of the supply side, which may lead to a shortage in the spot market, exerting support or upward pressure on prices. The enterprise’s large scale makes the suspension of operations particularly impactful, benefiting spot prices. The score of +1.5 reflects a generally strong bullish sentiment, as reduced supply under stable demand conditions tends to push prices higher, though the Spring Festival factor may have only a short-term effect.
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