SunSirs: China PET Market was Weak Last Week (June 7-11)
June 16 2021 10:18:07 SunSirs (Selena)
According to the data monitored by SunSirs, as of June 11, the average price of PET water bottle manufacturers was 6,750.00 RMB/ ton, and the pet market was weak. Compared with the same period last month, the price fell 3.11%, and compared with the same period last week, the price fell 0.98%.
Last week, the PET market was weak and the price was down. At present, the mainstream price range is 6,700-6,800 RMB/ ton, the cost side support is weak, the wait-and-see atmosphere is strong, the transaction atmosphere is flat, the demand is low, the follow-up efforts are insufficient, the inventory is general, the factory continues the stable trend, the downstream demand is insufficient, the number of new orders is limited, the purchasing atmosphere is flat, and the weak operation will be maintained in the short term.
SunSirs PET analysts believe that, in the short term, the PET market is stable, PET downstream demand is limited, the upstream is stable, and China PET market trend will continue to be stable in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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