Polyester industrial yarn market weekly
Spot market:Polyester industrial yarn spot prices edged up by 200-300yuan/mt this week amid higher cost. High-tenacity 1000D was traded at 13000-13300yuan/mt while low shrinkage ones were traded at 13300-13700yuan/mt 180 days payment, delivered. Aug contract prices were nominated at 13700yuan/mt for high-tenacity 1000D, 14300yuan/mt for low shrinkage ones and $1930/mt FOB for export ones.
Market Update
- Hormuz Strait closure supports freight rates, threatens crude and petrochemical demand
- Traders track weather risks as Middle East conflict supports Asian gas premium
- Mitsubishi Chemical to discontinue production of some epoxy resins in Japan
- LNG bunkering demand could hit record annual growth
- AkzoNobel rejects bid by Nippon Paint and Sherwin-Williams, stands by merger with Axalta
- China urea prices rise on export resumption
- China's Apr PBR exports rise by 55.1% year on year
- ICIS TTF Early Day assessments: 27 May 2026
- China Apr xylenes imports fall on year, exports surge on steadier domestic supply
- East China’s SM inventory down 23.6% on fewer arrivals
