Short fiber futures is a new futures product recently listed. Many investors don't know about short fiber dimension and short fiber futures as raw materials. Next, Bian Xiao will introduce short fiber and short fiber futures to you.

What is short fiber futures?

Short fiber belongs to polyester industry, full name polyester short fiber. Short fiber is polyester (PET) produced by polymerization of PTA and ethylene glycol, which is obtained by spinning, drawing and cutting in molten state. Staple fiber is mainly used in cotton spinning industry, spinning alone or blending with cotton, viscose fiber, hemp, wool and vinylon. The obtained yarn is mainly used for clothing weaving, and can also be used for home improvement fabrics, packaging fabrics, fillers and thermal insulation materials. Short fiber is an important raw material for textile, clothing, home textile and other industries.

To invest in short fiber futures, we should understand the fundamentals of short fiber futures, mainly including the following points:

1 On the macro-economic level, China is a big producer of polyester staple fiber, and its export dependence is high. Import and export policies and tariff policies will affect the price of staple fiber;

2 From the cost point of view. Crude oil is the source of polyester industrial chain, and the price of short fiber is affected by it.

In the relationship between supply and demand, the supply is mainly affected by the capacity, output, load, inventory and import of polyester staple fiber. On the demand side, it mainly depends on the export volume of pure polyester yarn, blended yarn and polyester staple fiber downstream, including all specifications+recycling demand.