Polyester POY Price Range Narrows, Supply Stabilizes in Zhejiang Textile Belt

Polyester POY Price Range Narrows, Supply Stabilizes in Zhejiang Textile Belt

On July 1, 2026, quotes for polyester POY (150D/48F semi-dull) revealed a noteworthy signal: major chemical fiber producers in Zhejiang province offered prices ranging from 8,050 to 8,400 CNY per ton, a spread of only 350 CNY. This narrow fluctuation indicates a temporary balance between upstream capacity release and downstream demand.

Price Structure: Regional Concentration and Brand Differentiation

Looking at specific quotes, leading companies like Rongsheng Petrochemical and Tongkun Group placed their prices at the higher end, at 8,200 and 8,400 CNY/ton respectively. Zhejiang Juxing Chemical Fiber offered the lowest price at 8,050 CNY/ton, creating a 350 CNY gap from the highest. Jiangsu Guowang High-Tech Fiber (Shenghong Chemical Fiber) quoted 8,250 CNY/ton in Zhejiang, landing in the middle.

This price divergence is not random. Tongkun's high quote reflects its cost advantage from large-scale continuous polymerization and spinning integration, along with brand premium. Juxing's low-price strategy aims for quick inventory turnover. Overall, the concentration of supply in the Shaoxing and Hangzhou chemical fiber belts, along with convergent pricing, suggests that market competition has shifted from price wars to comprehensive quality and service battles.

Industry Impact: Procurement Strategy Insights for Downstream Weaving Mills

For texturizing and weaving mills using POY as raw material, the current price range means increased predictability in procurement costs. Over the past year, polyester filament prices have fluctuated by more than 300 CNY per ton in a single day due to crude oil swings and PTA supply changes. The current 350 CNY spread is historically low.

• Buyers should focus on the monthly settlement prices and discount policies of leading companies rather than just list prices. Large mills like Rongsheng and Tongkun often offer rebates to long-term contract customers.
• Small and medium enterprises (e.g., Juxing, Senkai New Materials) offer flexible pricing suitable for small-batch, high-frequency purchases, but supply stability and capacity must be verified.
• Exporters should hedge against RMB exchange rate volatility. While POY prices are stable, a sustained RMB appreciation could erode the competitiveness of dollar-denominated textile exports.

Practical Recommendations

For Procurement Teams - Use the current narrow window to sign quarterly framework agreements with 2-3 suppliers across different price tiers to lock in price ranges. - Monitor PTA and MEG futures; if raw material prices drop sharply, demand formula-based price adjustments from suppliers. - For 150D/48F POY, prioritize integrated producers like Tongkun and Rongsheng for consistent dyeing uniformity and strength.

For Foreign Trade Companies - Include floating price clauses in quotations, linking POY raw material costs to export product prices to prevent margin erosion. - For Southeast Asian markets, consider setting up inventory points in Vietnam or Indonesia to leverage lower tariffs and logistics costs. - Strengthen technical coordination with texturizing mills to confirm downstream weaving requirements for elongation and evenness, reducing return risks.