I. price trend
According to the data monitored by the business agency, on December 11, pet water bottle manufacturers quoted 6450.00 yuan / ton.
II. Cause analysis
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Products: as of December 11, the pet market in South China was in a narrow range of shocks, with the main negotiation price of 6450-6550 yuan / ton, and the pet market in East China was in a horizontal arrangement, with the main manufacturers’ quotation of 6550-6650 yuan / ton. The market trading atmosphere was light, with reference prices of 6500 yuan / ton for Jiangsu Baosheng, 6600 yuan / ton for Guangdong Taibao, 6650 yuan / ton for China Resources polyester bottles, 6600 yuan / ton for Henan Anhua, 6550 yuan / ton for Sanfangxiang polyester bottles, and 6550 yuan / ton for Hainan Yisheng 6550 yuan / ton.
Industry: on December 10, pet commodity index was 48.50, unchanged from yesterday, down 53.26% from 103.76 (2011-09-22), the highest point in the cycle, and up 1.59% from 47.74, the lowest point on January 25, 2016. (Note: cycle refers to 2011-09-01 to now)
III. future forecast
According to pet analysts, the focus of business negotiation is expected to be low in the short term, with a cautious wait-and-see focus.
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