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SunSirs: Stable Price and Weak Focus in China Domestic PET Market
October 27 2020 08:34:57SunSirs(Selena)

According to the data monitored by SunSirs, as of October 22, the price quoted by PET water bottle manufacturers was 5,083.33 RMB/ ton, which was mainly stable last week. At present, the price range of mainstream manufacturers is around 5,000-5,100 RMB/ ton, and the mainstream negotiation is around 4,850-5,000 RMB/ ton. The overall polyester bottle chip market is in a weak position, and the purchasing atmosphere is flat.

The domestic polyester bottle chip market is stable, the downstream is cautious and wait-and-see, the demand is general, the transaction atmosphere is general, the market negotiation focus is weak, the number of new orders is limited, mainly contract customers, just purchase by need. At present, the polyester bottle chips in East China are running at a low level, and the price of mainstream manufacturers is around 5,000-5,100 RMB/ ton. In South China, the price is weak. The mainstream negotiation price in the market is 5,000-5,100 RMB/ ton. At present, the shipment is smooth and the inventory is general.

The upstream PTA market shocks, the market tends to be stable, the overall market is mainly stable, the factory quotation is stable, and the trading atmosphere is general.

The rubber and plastic index on October 21 was 686 points, up 2 points compared with the previous day, 35.28% lower than 1,060 (2012-03-14), and 29.92% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

SunSirs PET analyst thinks: PET market runs stably in the short term, and the trading atmosphere is dull.


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Rubber & Plastics
Non-ferrous Metals
Building Materials
Agricultural & Sideline Products