China’s domestic PET market fluctuated in a narrow range, and the price rose steadily

According to the data monitored by the business agency, as of December 8, the price quoted by pet water bottle manufacturers was 5400.00 yuan / ton, which was 7.28% higher than that in early December, Compared with the same period of last month, the price of polyester bottle chip increased by 8.72%, and the price of polyester bottle chip market was stable and increased in a narrow range. Now the price range of mainstream manufacturers is around 5400-5500 yuan / ton. The prices of some manufacturers have been raised, and the overall market price of polyester bottle chips has risen slightly. The purchasing atmosphere is general. The downstream just needs to purchase, and the transaction atmosphere is calm.

 

The price of domestic PET bottle chip market has been rising steadily, and the overall market is showing an upward trend. The focus of negotiation is relatively strong. The prices of some manufacturers have been increased by 50-100 yuan / ton. The downstream demand is flat, and the procurement is mainly on demand. The overall price shows a small rise. The mainstream factories are active in shipping, the logistics is smooth, the number of new orders is limited, mainly contract customers, and the operating rate is normal. At present, polyester bottle chips in East China are low The main market negotiation price is 5400-5500 yuan / ton. At present, the shipment is smooth and the inventory is general.

 

This week, the upstream PTA market price went up, the pet cost side lacked favorable support, PTA market demand was general, the negotiation focus was stable, the inventory pressure remained, and the transaction mentality was cautious.

 

On December 7, the rubber and plastic index was 751 points, up 2 points compared with yesterday, 29.15% lower than 1060 (2012-03-14), and 42.23% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

 

Pet analyst of business agency thinks: in the short term, the pet market is more volatile. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

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