Latest price (December 28): 7,750.00 RMB/ ton
As of December 28, the average price of pet water bottle manufacturers was 7.750 RMB/ ton. The overall market supply was tight, the focus of negotiation was high, and the spot price operated at a high price, with an increase range of 50-100 RMB/ ton. The downstream was careful to wait and see. It was mainly just needed to purchase, the willingness to prepare goods was not obvious, the upstream PTA price was stable, and the supply side was tight.
China PET market is expected to be strong in the short term.
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