Direct-spun PSF is not likely to move up continuously
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Direct-spun PSF is not likely to move up continuously

Views: 0     Author: Site Editor     Publish Time: 2021-12-24      Origin: Site

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In conclusion, the hot sales will not last long. Direct-spun PSF is not likely to move up continuously, which eliminates the speculative demand. Current weak downstream demand and plain export orders limit overall trading volume too. As a consequence, polyester yarn trade will return to be cool and the inventory accumulation is strongly expected. When the inventory moves up to about 20 days, it will show pressure. In addition, polyester/cotton yarn, also a major consumption of direct-spun PSF, is worse, of which the inventory has reached over 23 days and is still rising. Therefore, not only polyester yarn but also direct-spun PSF will not see lasting hot sales.

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