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Shouchuang Futures: Raw material prices decline, and short fiber and bottle chip futures weaken accordingly.
Last week, some staple-fiber plants restarted. The staple-fiber load increased month-over-month, but a negative feedback at the end market emerged. Staple-fiber production and sales fell, and inventories rose. Bottle-flake factories mainly held firm on pricing, and trading in the market became somewhat dull. Driven mainly by geopolitical factors, prices of polyester feedstock dropped sharply. It is expected that in the short term, staple-fiber and bottle-flake futures prices will mainly track fluctuations on the cost side. (Chuangchuang Futures)