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Shouchuang Futures: Raw material prices drop sharply, short fiber and bottle chip futures fluctuate and adjust.
Last week, some staple fiber units restarted. Staple fiber load increased month-over-month, but terminal negative feedback emerged, leading to lower staple fiber production and sales and higher inventory. Bottle-flake factories mainly held firm on pricing, and market trading became somewhat slower. As the geopolitical risk premium fell, polyester raw material prices fluctuated at high levels. We expect that in the near term, staple fiber and bottle-flake futures prices will mainly track movements on the cost side. (Capital Futures)