Polyester POY Spot Price Jumps 3.12% in a Single Day: Surging Crude Oil and Downstream Panic Buying Create Dual Demand-Supply Boost

Deep News09-07 19:20

According to data from iFinD, the spot price of polyester stood at 9,080 yuan per tonne on September 7th, surging 3.12% in a single trading day.

Over the trailing week, the commodity has climbed a further 3.56%, extending its one-month gain to a substantial 8.66%.

The latest pricing data from September 2026 shows a spot price of 9,080 yuan per tonne, with daily, weekly, and monthly momentum all pointing firmly upward.

Key drivers behind the polyester price surge

Polyester, also known as polyethylene terephthalate fiber, is a downstream petrochemical textile raw material. The sharp uptick on September 7th stems primarily from rising crude oil prices, which have pushed upstream feedstock costs higher, notably for PX and PTA. This has strengthened cost-side support across the entire polyester supply chain.

Simultaneously, downstream buyers are rushing to secure inventory amid fears of further price increases, accelerating the drawdown of existing stockpiles and adding yet another layer of upward pressure on spot prices.

Listed companies with exposure to polyester

Shares of several companies tied to the polyester value chain are showing notable strength. Nanshan Zhishang is up 4.82% at 11.08 yuan, while Jujie Weixian has gained 4.78% to trade at 46.66 yuan. Huasheng Co is 3.92% higher at 9.02 yuan, Xunxing Co has advanced 2.38% to 8.18 yuan, and Huamao Co is up 2.16% at 4.26 yuan.

It is important to note that price increases for commodities do not necessarily correlate with corresponding gains in related listed companies. Individual share prices are also influenced by company fundamentals, policy shifts, and broader market sentiment. This content is AI-generated, provided for reference purposes only, and should not be construed as investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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