According to the data monitored by the business community, as of February 24, the quotation of pet water bottle manufacturers was 7166.67 yuan / ton, with strong support from the cost side. The price of PET bottle chip market increased for several consecutive days. Compared with the same period last month, the price increased by 22.86%, compared with the same period last week, the price increased by 17.49%, with an increase of more than 1000 yuan / ton. Under the influence of the high level operation of upstream raw materials, the focus of PET bottle chip negotiations continued Rise, low inventory, goods tight state is obvious.
Recently, due to the soaring prices of raw materials, the pet market is surging, and the atmosphere of catching up is positive. However, the downstream demand is limited, and the actual demand has not increased significantly. The factory has a strong willingness to support the price, and the cost support is strong. The downstream operating rate gradually rises, and the price fluctuates at a high level. The market in East China maintains a high level operation. The reference price is 7100-7200 yuan / ton, and the focus of the discussion is large and small The price in South China is 6900-7100 yuan / ton, and that in North China is 7000-7200 yuan / ton. The overall market has a strong wait-and-see atmosphere, a bullish attitude and high raw materials. Driven by the cost, pet is passively pushed up.
The rise and fall of pet industry chain: the upstream raw materials of ethylene glycol and PTA all rose sharply, the support of pet cost side was strong, the spot price of ethylene glycol soared, and the profits of domestic coal based ethylene glycol were prominent under the trend of continuous strengthening of international oil price, and more manufacturers increased the load of ethylene glycol. According to market participants, at present, the profit of ethylene glycol is 700 yuan / ton higher than that of ethylene oxide. In addition, the port decommissioning is still continuing, the market sentiment is positive, and it is still bullish in the short term. In the past three months, the domestic PTA market has maintained a volatile upward trend. As of February 23, the average price of the spot market was 4463 yuan / ton, up 35.1%, down 0.47% year on year From March to April, the domestic PTA plant maintenance capacity is close to 9 million tons, and it is expected that the short-term PTA price oscillation is relatively strong.
On February 23, the pet industry chain index was 59.57, up 2.39 points from yesterday, down 39.76% from 98.88 points (2012-02-07), the highest point in the cycle, and up 38.63% from 42.97 points, the lowest point on November 10, 2020. (Note: period refers to the period from December 1, 2011 to now)
Business Analyst PET said: as the PET raw material market keeps running high, PET is catching up with the atmosphere positively, and with the strong cost support, the PET market will keep running at a high price in the short term. Official account of the latest trend of pet industry chain will not be ruled out. Log in to the small program of business club, release commodity prices, promote products, obtain commodity information and master commodity prices).
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