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SunSirs: PET Market Ran Smoothly on May 12
May 13 2022 15:36:29SunSirs(John)

Price trend

This week, the price of PET was stable and strong.

Analysis review

As of May 12, the average price of PET water bottle grade was 8,720 RMB/ton, and the overall market was narrowly on the upper side. Compared with the same period last week, the price increased by 1.16%, or about 100 RMB/ton, and the overall market supply and demand were balanced.

Market outlook

It is expected that the PET market will run smoothly in the short term.

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