SunSirs--China Commodity Data Group

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SunSirs: China PET Market continues to be Weak

December 08 2021 15:30:47     SunSirs (Selena)

Latest price (December 7): 7,400.00 RMB/ ton

As of December 7, the average price of PET water bottle manufacturers was 7,400.00 RMB/ ton, and the pet price decreased narrowly, down 3.9% compared with the same period last week and 7.5% compared with the same period last month. The overall PET market was weak, the negotiation atmosphere was general, and the upstream PTA was weak, and the mainstream price was 4,450 RMB/ ton.

China PET market is expected to be stable and weak in the short term.

 

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