On August 28, polyester staple fiber (PSF) market quotes showed notable divergence, with a maximum price gap of 360 yuan per ton for the same specification across brands and regions. This phenomenon is not merely a market fluctuation but a reflection of multiple factors including regional supply-demand dynamics, logistics costs, and corporate pricing strategies.
Regional Spreads: A Mirror of Logistics and Supply-Demand
According to public quotes on that day, a premium brand in Huzhou, Zhejiang, offered 7,870 yuan per ton for first-grade 1.56dtex*38mm melt-blown cotton-type PSF, while similar products in Wuxi, Jiangsu, were quoted between 7,560 and 7,920 yuan per ton. Behind these gaps lie brand premiums, transportation costs, and inventory pressure differences. For buyers, simple price comparisons may overlook hidden costs; they should incorporate delivery freight and lead times into their evaluation. Notably, fiber balls (ordinary grade) in Henan remained stable at 15,500 yuan per ton, nearly double the PSF price, but they serve different applications such as water treatment. This reminds market participants that price comparisons must be based on the same category and specification to avoid misjudgment.
Industry Transmission: Cost Advantage of Melt-Blown Technology
In this round of quotes, melt-blown cotton-type PSF dominated, with a more competitive cost structure compared to recycled or chip-spun alternatives. Amid crude oil price volatility, melt-blown producers, benefiting from integrated industrial chains, can adjust output more flexibly, explaining why price gaps of up to 360 yuan per ton exist even within the same region. For downstream spinners, choosing melt-blown products can lower raw material costs and ensure stable quality, but they must be wary of supply concentration risks. Regionally, Wuxi and Huzhou, as major PSF production bases, show dense and competitive quotes, while Henan focuses on differentiated products like fiber balls, reflecting a specialized division of labor. This specialization implies that buyers relying solely on one region's quotes may miss cross-regional arbitrage opportunities.
