SunSirs--China Commodity Data Group

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SunSirs: China Domestic PET Market was Stable and Weak Last Week, demand was Limited

January 25 2021 11:25:13     SunSirs (Selena)

According to the data monitored by SunSirs, as of January 22, the quotation of PET water bottle manufacturers was 5,833.33 RMB/ ton. Last week, the price of PET bottle chips was weak, down 0.28% compared with the same period of the previous week. The price range of mainstream manufacturers was around 5,800-5,900 RMB/ ton, and the trading atmosphere is general.

Last week, the domestic PET bottle chip market was weak, with average cost support and smooth delivery. The overall market negotiation center was stable, the transaction atmosphere was flat, and the operating rate was normal. The inventory of the PET bottle chip market was normal without pressure. The overall market was stable and weak, and the demand was limited,

PTA in the upper reaches of this week's stable and weak operation, high market operation rate, smooth delivery, high inventory operation, and stable operation in the short term.

PTA in the upstream last week was stable and weak operation, high market operation rate, smooth delivery, high inventory operation, and will maintain a stable operation in the short term.

SunSirs PET analysts believe that: in the short term, the PET market will maintain a stable operation in China.

 

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