Shouchuang Futures: Raw material prices plummeted, and short fiber and bottle chip futures prices adjusted accordingly

Some short fiber units restarted this week, with short fiber load increasing week-on-week, but terminal negative feedback has appeared, and short fiber production and sales have declined, leading to increased inventory. Bottle chip factories mainly maintain firm prices, and market trading has somewhat cooled. Geopolitical risk premiums have declined, and polyester raw material prices have dropped significantly. In the short term, short fiber and bottle chip futures are expected to follow cost-side fluctuations mainly. (First Capital Futures)

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