Jiangsu market: Polyester staple fiber spot prices cut sharply

As of press time, in the Jiangsu market, spot prices for polyester staple fiber have fallen by 170 to 7,500. With the US and Iran pausing their reciprocal attacks, international oil prices have declined, which has weighed on costs—prices in the region have also been cut significantly. Looking at the spot market, current negotiations in the Jiangsu region are around 7,450–7,600, with a tendency toward the 7,350 area (Unit: RMB/ton) (Longzhong Information)
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