At present, it is in the tide of foreign trade orders and shipments, and most shipping routes have begun to increase in price! The traditional peak season has also come to an end, domestic cotton yarn raw material prices slightly back, polyester market can usher in a turnaround?

European shipping plans to raise prices by 36%

With the opening of the 2025 container shipping industry long contract negotiations, the European route, as a pioneer, will enter the intensive negotiation stage between the ship and the cargo in November. Market news shows that some shipping companies plan to increase the freight rate per 40 feet container to 2500 ~ 3000 US dollars, compared to last year, an increase of 25% ~ 36%.

In order to create a favorable negotiating environment and increase the leverage, a number of shipping companies have noted the recent tight situation of European shipping space and plan to raise prices by about $1,500 in early November. According to the quotation of the freight forwarding industry, the current spot market freight rate is about 3,000 to 3,100 US dollars, which means that the price increase plan of the shipping company will be close to 50%. Industry experts point out that shipping companies try to push up the negotiated price of the long contract by widening the gap between the spot price and the long contract price.

The prices of products in the polyester industry chain have declined

From October 8 to October 25, the prices of various products in the polyester industry chain have declined, PX outer disk quotes fell from $906 / ton to $857 / ton, PTA spot quotes fell from 5400 yuan/ton to 4905 yuan/ton, and polyester POY quotes fell from 7400 yuan/ton to 7150 yuan/ton. In terms of production and marketing, since the end of September polyester production and marketing promotion triggered the replenishment market of weaving enterprises, the entire October, polyester production and marketing performance is tepid, excluding the National Day holiday week, nearly 3 weeks, polyester factory polyester filament weekly average production and sales rate of 86%, 34%, 46%, all failed to break 100. The reason for such production and marketing is that weaving enterprises have been cautious in purchasing raw materials since October, wait-and-see, and adopt the strategy of just-needed procurement.

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