Since late July, international crude oil has continued to rise, Brent rose to more than $85 / barrel, the summer fuel consumption peak in the United States and the economic prospects in Asia have boosted polyester cost end trend, polyester industrial silk finally did not live up to the pressure of processing fees, the market transaction center at the end of July rose 400 yuan/ton to 8900 yuan/ton, a one-day rise of 3.53% on July 31. Biggest one-day rise or fall this year.

Compared with the rise and fall of raw material prices related to polyester industrial silk in early July and early August 2023, the closer the product is to the source crude oil end, the greater the increase, and the main raw material of polyester industrial silk slicing has the smallest increase with polyester industrial silk, at 3.4-3.5%. Mainly by the drag of terminal demand, the current downstream demand for industrial textiles at home and abroad are in the off-season of the industry, the lack of orders, low processing costs, the enthusiasm of the industry to start work is not good, and the procurement remains rigid, making the industrial chain, the closer the product to the end of the price increase smaller.

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