- Global Polyester (DTY) prices followed a firm upward trend during Q1’26, supported by rising crude-linked feedstock costs, tightening supply conditions, and improved textile sector activity toward the quarter’s end.
- Feedstock pressure remained strong as higher upstream polyester chain costs and reduced operating rates increased production expenses and supported price transmission across the market.
- Downstream demand improved gradually from the textile, apparel, weaving, and industrial fabric sectors after a slow seasonal start, although buyers largely maintained cautious procurement strategies.
In the first quarter of 2026, the average Polyester (DTY) price in China was approximately 9.10 RMB/kg, which was around 8.22 RMB/kg in January, 8.53 RMB/kg in February, and 10.56 RMB/kg in March. Compared with the previous quarter, Polyester DTY prices in China increased by approximately ~12.74% during Q1’26, while prices increased by approximately ~28.46% between January and March. Early-quarter market conditions were influenced by reduced operating rates and production cuts that tightened supply availability, although Lunar New Year holidays kept downstream trading activity relatively weak. By February, lower inventories and a gradual recovery in textile mill operations supported firmer sentiment. In March, escalating crude-linked feedstock costs, limited new production capacity, and supply-side tightening significantly lifted market momentum. Downstream demand from garments, home textiles, and industrial fabrics improved gradually but remained highly price-sensitive, restricting aggressive restocking activity.