On a polyester POY quote sheet, the gap between 8250 and 8550 CNY per ton is only 300 CNY, yet behind this spread lies a subtle stratification and strategic game within Zhejiang's fiber industrial cluster. On August 4, 2026, multiple leading producers including Rongsheng Petrochemical, Tongkun Group, and Shenghong Chemical disclosed their POY (150D/48F semi-dull, first-grade) quotes, with a range that is notably narrow for recent market conditions—no dramatic swings, but hidden structural signals.
Event Background
The quotes came from seven major suppliers in Hangzhou and Shaoxing, Zhejiang, with prices as follows: Rongsheng Petrochemical at 8250 CNY/ton, Shenghong Chemical at 8350, Kaishi Group at 8450, Jiabao New Fiber at 8350, Senkai New Materials at 8300, Juxing Chemical at 8250, and Tongkun Group at 8550. All delivery points are within Zhejiang, which is no coincidence—the Hangzhou Xiaoshan and Shaoxing Keqiao area is one of the most densely concentrated polyester filament production regions in China, with short logistics radii and high information transparency, leading to strong price linkage.
Notably, Tongkun's quote is 300 CNY higher than the lowest, while Rongsheng and Juxing sit at the bottom. This divergence is not driven by supply-demand imbalances but by differentiated pricing strategies. Leading enterprises leverage scale advantages and long-term contracts to maintain price rigidity, while some mid-to-small mills offer concessions to secure cash flow, especially amid fluctuating PTA feedstock prices. Capital pressure is becoming an invisible driver of pricing.
Industry Impact
The narrowing quote range subtly affects purchasing psychology among downstream weaving mills. When the market lacks clear direction, buyers face a dilemma: chasing low prices may compromise product consistency, while accepting higher prices adds cost pressure. In reality, all quotes are for first-grade products, but differences in process stability and color fastness control persist among producers—this is the foundation for brand premiums.
From a supply chain transmission perspective, POY, as an intermediate polyester filament product, directly impacts the processing margins of DTY and FDY. The current range of 8250-8550 CNY/ton implies a processing spread of about 800-1000 CNY/ton, which remains sustainable for texturizing mills. However, if feedstock prices rise further, low-price supply may tighten first, redefining the quote range.
More significantly, pricing power within the industrial cluster is shifting. Previously, giants like Tongkun and Rongsheng dominated regional pricing benchmarks, but now mid-sized players like Senkai and Juxing are actively competing on price, offering flexible payment terms and small-batch supply to win customers. This effectively weakens the pricing influence of top producers but also increases market fragmentation. For foreign trade enterprises, this means more supplier options but also higher complexity in quality control.
Another implicit signal is that all quotes are ex-factory, tax-inclusive, with delivery concentrated in Zhejiang, reflecting a high regional self-sufficiency rate. Once cross-regional logistics costs or energy prices fluctuate, this localized supply pattern may bring greater price resilience but also limits the entry of cheaper external supply.