According to the Commodity Market Analysis System of Shengyi Society, the domestic polyester staple fiber market fell on August 6th. The average price of 1.4D * 38mm in mainstream factories in Jiangsu and Zhejiang was 7835 yuan/ton, a decrease of 0.97% from the previous trading day, with prices ranging from 7600-7750 yuan/ton, a general decrease of 50-100 yuan/ton.
| Gamma-PGA (gamma polyglutamic acid) |
The overall trend of the commodity market continues to be weak, and pessimistic sentiment remains strong. The cost support is insufficient due to the significant decline in raw materials. Among them, the average price of PTA spot market in East China is 5657 yuan/ton, down 1.01% from the previous trading day. Downstream is in the traditional off-season, with insufficient orders and cautious follow-up of buying orders, resulting in a sluggish market transaction volume.
Business analysts believe that polyester staple fiber production factories are still in a production reduction cycle, but under the downward pressure of costs and demand, it is expected that the polyester staple fiber market will continue to operate weakly.
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