The latest quotation range for polyester DTY 150D has settled at 9150-9200 yuan per ton, a seemingly ordinary figure but a critical barometer for the Q3 chemical fiber market. Zhejiang Juxing Chemical Fiber and Rongsheng Petrochemical quoted 9150 yuan/ton and 9200 yuan/ton respectively, with a mere 50 yuan spread signaling that the supply-demand tug-of-war has entered a delicate balance.
Industrial Logic Behind the Price Signal
The quotations from Shaoxing and Hangzhou, two major chemical fiber hubs, essentially reflect the concentration of polyester DTY production capacity in East China. Juxing's slightly lower price in Shaoxing may relate to regional raw material procurement advantages or inventory pressure, while Rongsheng's 9200 yuan/ton pricing as an industry leader reflects brand premium and quality stability. The narrowing spread to 50 yuan suggests the market's valuation of this mainstream 150D/48F semi-dull low-elastic yarn is converging, with no significant expectation divergence between upstream and downstream.
On the raw material side, PTA and MEG prices experienced a rally and subsequent correction in Q2 2026, weakening the cost support for polyester filament. However, DTY, due to its value-added texturing process, shows stronger price resilience than POY or FDY. The current range of 9150-9200 yuan/ton sits just above the breakeven point for most small-to-medium texturing mills. A further decline of 100-200 yuan could trigger production cuts to defend prices.
Specification Benchmarking and Procurement Window
The 150D/48F specification is a high-volume workhorse in the DTY product line, widely used on water-jet looms to produce conventional lining fabrics like pongee and taffeta. Its price fluctuation directly impacts weaving costs in clusters like Shaoxing, Wujiang, and Changxing. Current quotations are about 8%-10% lower year-on-year but have recovered roughly 3% from the Q1 2026 trough.
For buyers, the current price is at the mid-range of the year, not an absolute bottom. However, given that Q3 typically marks the start of autumn/winter fabric stockpiling, demand is expected to pick up moderately. If raw materials do not see a sharp sell-off, the 9150 yuan/ton level may serve as short-term support. It is advisable for procurement teams to monitor inventory turnover: if normal at 15-20 days, maintain just-in-time buying; if below 10 days, consider adding one to two weeks of safety stock.
Regional Spread and Logistics Cost Play
Shaoxing and Hangzhou are less than 100 kilometers apart, yet the quotation difference is worth dissecting. Juxing's 9150 yuan/ton price, for local Shaoxing weavers, eliminates cross-regional logistics costs, potentially resulting in a 40-50 yuan/ton lower landed cost compared to Hangzhou-sourced material. Meanwhile, Hangzhou material, backed by Rongsheng's brand reputation and quality consistency, remains competitive for orders with stringent requirements.
From a broader perspective, DTY quotations from other producing areas like Shengze (Jiangsu) and Changle (Fujian) are not yet reflected in this dynamic, but price signals from the East China core typically transmit to other regions within a week. Export-oriented enterprises should note: if domestic DTY prices stabilize below 9200 yuan/ton, the cost competitiveness of exported polyester fabrics will improve relative to some Southeast Asian producers, benefiting H2 order acquisition.