SunSirs: PET Market Maintains Cautious
April 10 2020 08:21:23 SunSirs (Daisy)
As of April 8th, the PET water bottle manufacturer offered 5350.00 RMB/ton, with stable cost support and stable offer from the bottle manufacturer.
Product aspect, polyester PET factory quotation is firm, downstream purchasing attitude is cautious, now the mainstream manufacturer's offer is around 5400-5600 RMB/ton. The market mainstream talks around 5300-5450 RMB/ton, and the cost support is firm. The bottle manufacturer's offer is stable, and the market negotiation center fluctuation is not big. Downstream cautious wait-and-see, and the market is light.
Industrial chain aspect, polyester raw material PTA market is relatively strong, the cost support is stable, and the market offers pull up. Downstream cautious wait-and-see, and the market is light.
Industry aspect, rubber & plastic index on April 7 was 537 points, up 9 points from yesterday, down 49.34% from the highest point in the cycle 1060 points (2012-March-14), and up 1.70% from the lowest point 528 points on April 6, 2020 (Note: Period from 2011-December-01 to now).
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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