In just a few weeks from the end of March to the beginning of April, the international oil market is in turmoil again.
As the situation in the Middle East escalates International oil prices rise to 5-month high point. Driven by crude oil, some polyester raw materials last week material prices have increased, but in the face of price increases, terminals weaving companies do not buy it to a high degree.

Last week, the average domestic polyester filament production and sales were at 40%, down 18% from last week. Polyester filament the focus of transactions remains stable, the market moves sideways, and the downstream users’ resistance to high prices is rising, and they just need to purchase. Polyester filament production and sales are mediocre.

Polyester filament prices and production and sales show opposite trends potential.
Polyester filament yarn consolidated at a high level this week, leading to a decline in inquiries from game users were not smooth, the market was deserted, and overall
the production and sales rate of the body decreased.

Original source: https://www.tnc.com.cn/info/c-001001-d-3742395.html