In recent months, fiber prices have exhibited varied trends, reflecting changes in market demand, supply, and macroeconomic factors. The New York cotton price has shown significant fluctuations, decreasing from $1.60 per pound on October 10, 2024, to $1.51 per pound on January 2, 2025. This decline is attributed to inventory adjustments and demand volatility, although signs of price stabilization are emerging.
The price of polyester staple fiber (PSF) has consistently decreased, from $1.03 per kilogram in October to $0.95 per kilogram in January. This reduction aligns with the drop in crude oil prices and decreased demand for polyester products. Similarly, viscose staple fiber (VSF) prices have gradually declined, from $1.95 per kilogram on October 10 to $1.86 per kilogram on January 2, 2025, due to weakened market demand and oversupply.
In contrast, acrylic staple fiber prices have remained relatively stable, with a slight decrease from $2.03 per kilogram in October to $1.96 per kilogram in January, indicating a balanced market with steady demand and supply.
Overall, these trends indicate a period of adjustment in global fiber markets as the textile industry adapts to evolving economic conditions and seasonal factors.
