Markets Are Preparing for Relief, Not a Reset
Oil markets are shifting away from crisis conditions, but geopolitical risk and elevated volatility remain part of the picture.
MATERIALS
/ Rising costs are being capped by uncertain downstream demand
Prices for oil‑derived man-bade fibers have risen more than 10 percent since the US-Iran conflict began, with suppliers in China facing pricing pressure as costs rise but downstream demand remains uncertain.
By mid‑April Chinese polyester staple fiber (PSF) prices averaged just above 8,100 yuan per ton but are fluctuating downward in April after spiking to 8,340 yuan per ton at the end of March, indicating some softening at the margin despite elevated crude.
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