Polyester DTY Price Easing: Divergent Quotes from Two Major Zhejiang Chemical Fiber Enterprises

On July 3, 2026, spot quotes for polyester DTY (150D/48F semi-dull low-elastic, AA grade) in Zhejiang Province showed a clear divergence: Rongsheng Petrochemical quoted 9150 RMB/ton, while Juxing Chemical Fiber quoted 9000 RMB/ton, widening the spread to 150 RMB/ton. This seemingly minor fluctuation is a direct signal of supply-demand imbalance in the industrial chain.

Background

The quotes originated from two major chemical fiber hubs in Zhejiang: Hangzhou and Shaoxing. Rongsheng's higher quote of 9150 RMB/ton reflects confidence in its brand premium and product quality. In contrast, Juxing's 9000 RMB/ton is closer to the actual market transaction price, indicating a sharp awareness of downstream price sensitivity.

The product specification—150D/48F semi-dull low-elastic yarn—is a mainstream variety in the weaving market, widely used in apparel fabrics and home textiles. Changes in its price often represent the sentiment of the entire polyester filament sector.

Industry Impact

What does the widening price gap mean? First, downstream weaving mills are facing an order shortage. According to publicly available industry data, since the second quarter of 2026, loom operating rates in Jiangsu and Zhejiang have been declining, with some small and medium mills dropping to below 60%. Weak end-user demand has directly transmitted to the chemical fiber segment, causing DTY inventories to rise.

Second, cost-side support is weakening. PTA, the main raw material for DTY, corrected downward at the end of Q2. If PTA continues to fall, the room for DTY price cuts will expand. For buyers, this is not the optimal time to lock in long-term orders.

For mills, the divergent quotes mean intensified market competition. Rongsheng can maintain a relatively high price due to its scale and stable customer base, while smaller enterprises must cut prices to win orders, potentially accelerating industry consolidation.

Practical Advice

For Buyers - Adopt a just-in-time procurement strategy in the short term, avoiding large inventory buildup. Monitor PTA futures trends; if PTA breaks key support levels, DTY prices may fall further. - When comparing quotes, consider product quality, delivery lead times, and payment terms. Given the current spread, Juxing's offer is more cost-effective, but verify its production stability.

For Foreign Trade Companies - For export orders, use short-term floating pricing mechanisms, agreeing to base prices on the day of shipment to avoid profit erosion from domestic price volatility. - Monitor demand changes in Southeast Asian markets. If loom operating rates in India or Vietnam recover, it will help absorb excess domestic DTY capacity.