Polyester DTY prices have shown subtle divergence. According to public industry data from July 3, 2026, for the same specification of 150D/48F semi-dull low-elastic AA-grade polyester DTY, Rongsheng Petrochemical quoted 9,150 RMB/ton in Hangzhou, while Zhejiang Juxing Chemical Fiber quoted only 9,000 RMB/ton in Shaoxing, a spread of 150 RMB/ton. This price variation within the same region and specification is no accident—it reflects signals from the industrial chain.
Industrial Logic Behind Regional Price Divergence
Shaoxing and Hangzhou are both core textile hubs in Zhejiang, yet Juxing Chemical Fiber’s quotation is 1.6% lower than Rongsheng’s. Rongsheng, as a large integrated refining-petrochemical player, has high self-sufficiency in raw materials PTA and MEG, which theoretically should give it a cost advantage. However, its higher price suggests a pricing strategy focused on brand premium and long-term contract stability. Juxing, as a specialized chemical fiber manufacturer, may be more flexible in adjusting prices to match short-term market supply and demand, aiming to maintain inventory turnover.
What does this mean for buyers? In the mainstream 150D/48F specification, Juxing’s quotation offers better immediate cost performance, but Rongsheng may provide superior supply stability and quality consistency. Buyers must weigh these factors based on their order cycles and quality requirements, rather than simply chasing the lowest price.
Supply-Demand Rebalancing Behind Price Signals
The easing of polyester DTY prices in early July 2026 is not an isolated event. Upstream, PX and PTA prices have fluctuated narrowly recently, weakening cost support. Downstream fabric mills operate at around 70% utilization, but new orders are limited, especially for export orders affected by overseas inventory cycles and slower replenishment.
The 150D/48F semi-dull low-elastic DTY is a key raw material for water-jet looms and warp knitting machines, widely used in home textile fabrics, garment linings, and luggage fabrics. Current quotations in the 9,000-9,150 RMB/ton range are close to the breakeven line for some small and medium-sized texturing mills. If prices continue to fall, it may trigger production cuts or maintenance shutdowns, which would in turn support prices from the supply side.
Impact on Industrial Clusters: Shaoxing vs. Hangzhou
Shaoxing, as one of China’s largest chemical fiber clusters, has a complete chain from polyester chips to texturing, with a high density of small and medium enterprises and intense price competition. Juxing’s 9,000 RMB/ton quotation reflects the sensitivity of Shaoxing manufacturers to inventory pressure. In contrast, Rongsheng in Hangzhou, leveraging its upstream integration, maintains a firmer price but also sacrifices some price flexibility.
This spread could widen further. If downstream demand remains weak, smaller manufacturers in Shaoxing may be forced to cut prices to destock, dragging down the entire price center in Zhejiang. For buyers in other weaving bases like Shengze and Nantong, price fluctuations in Zhejiang will directly affect their raw material procurement costs.