Price of polyester filament yarn in China 2019-2023

In 2024, recycled polyester filament yarn (Re-PFY) and polyester filament yarn (PFY) prices experienced significant fluctuations. After steady increases early in the year, both yarn types saw sharp price drops in March and April. Re-PFY fell from 7,704.81 yuan per metric ton in late February to 7,332.41 yuan per metric ton by late March, while PFY declined from 7,910 yuan per metric ton to 7,652.5 yuan per metric ton during the same period. Although prices peaked in early July, with Re-PFY at 7,707.36 yuan per metric ton and PFY at 8,015 yuan per metric ton, they had declined again by mid-August, with Re-PFY at 7,404.84 yuan per metric ton and PFY at 7,486.11 yuan per metric ton.

Despite the weakening raw material prices in July, the polyester filament yarn market maintained stability in the first half of the month, driven by fixed-price policies from leading enterprises. However, by the end of the month, the pressure to reduce inventory and a general decline in raw material costs led to significant price reductions. Promotional pricing strategies by major factories resulted in a sharp drop in PFY prices.

Notably, Re-PFY prices mirrored the trends in virgin PFY, showing some weakness.