China's Polyester Fabric Price Index Rises to 101.48 on June 9

According to Jin10 Futures, on June 9, China's polyester fabric price index tracked by the Ministry of Commerce Silk & Chemical Fiber Index in Shengze closed at 101.48 points, up 0.03 from the previous trading day. Polyester fabric prices continue to recover amid rising crude oil costs. Notably, raw yarn profit margins remain compressed, leading to elevated grey fabric inventory levels of approximately 32.6 days and weaker downstream purchasing demand.
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