The main reasons for the price fluctuation of Polyester DTY can be attributed to several factors, especially for companies like **Hengke Textile Technology Co., Ltd.**, the following factors are particularly important:
Raw material price fluctuations: The production of Polyester DTY depends on the prices of polyester raw materials such as terephthalic acid (PTA) and ethylene glycol (MEG), which are often affected by the oil market, supply chain and environmental policies. Therefore, the price fluctuations of raw materials directly lead to the instability of Polyester DTY prices.
Market demand changes: With the increase in global market demand for high-quality textiles, especially in areas such as fast fashion and the automotive industry, the demand for Polyester DTY will fluctuate cyclically. As a major exporter, Hengke Textile needs to dynamically adjust its production and sales strategies according to market demand, which may also lead to price changes.
Production capacity and technological upgrading: Technological innovation and the improvement of production capacity may reduce production costs, thereby exerting downward pressure on the price of Polyester DTY. Hengke Textile has established a strong reputation in the industry for its efficient production capacity and quality control, and this production advantage may enable it to maintain a certain market competitiveness in price fluctuations.
International trade and exchange rate fluctuations: As a leading export company in Zhejiang Province, Hengke Textile's business is deeply affected by international trade policies and exchange rate fluctuations. For example, changes in the RMB exchange rate and increases or decreases in trade barriers will directly affect export costs and pricing strategies.
Supply chain issues: Hengke Textile's production and supply chain operate between multiple factories and offices in Zhejiang and Jiangsu provinces, which makes supply chain stability critical. Any supply chain disruptions caused by factors such as labor costs, logistics delays, or raw material shortages can cause prices to rise or fall.