Polyester filament yarn prices have started rising in China. Leading yarn producers have kept raising prices. On the one hand, polyester filament companies wanted to cover earlier heavy losses when many companies cut production.

On the other hand, stimulated by the bullish macro environment, the whole chemical fiber industry held slightly better expectations toward future movement.In addition, downstream players saw alleviated pessimism when the pandemic control and prevention policies have been eased and polyester filament yarn companies continued raising offers tentatively. Some speculative demand was also boosted. As a result, sales of polyester filament yarn remained good in recent days. The inventory of polyester filament yarn was falling, which alleviated some inventory burden.

Sales of some warp knitted and circular knitted fabrics slightly increased with the colder weather, which may retard the holiday plans of some downstream plants. Meanwhile, downstream buyers show apparently higher intention to replenish with recovering confidence. If the price of polyester filament yarn declines to their price idea, some downstream plants may restock a lot at the end of year.Polyester filament yarn companies may be slower in cutting or suspending production when market fundamentals are improving periodically.