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Jiangsu market polyester staple fiber spot prices rise
As of the time of the report, the spot price of polyester staple fiber in the Jiangsu market has increased by 50 to 8,170; amid ongoing supply risks, crude oil prices remain strong, and cost support is firm. The short fiber prices are also rising gradually due to low processing fees and factory production cuts; currently, the spot market negotiation reference is 8,150-8,200 yuan/ton, with a lower bias around 8,080. (Unit: yuan/ton) (Longzhong Information)