Commodity News
SunSirs: China PET Market was Stable on December 21
December 22 2021 15:07:42 SunSirs (Selena)
Latest price (December 21): 7,800.00 RMB/ ton
As of December 21, the average price of PET water bottle manufacturers was 7,800 RMB/ ton. The overall market was stable and strong, and the negotiation atmosphere was general. At present, the terminal demand was poor, the shipment was slow, the production reduction and maintenance of upstream PTA plants increased, the operating rate was 66%, and the crude oil price fell. Therefore, in the short term, the stable operation of PET was the main factor, and the upward space was limited.
China PET market is expected to operate stably in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2024-04-22 SunSirs: Weak Decline in Both Upstream and Downstream, Making it Difficult for PET Prices to Break Through
- 2024-04-07 SunSirs: Strong Cost Support, China PET Market Prices is Rising
- 2024-04-03 SunSirs: Strong Cost Support, China PET Market Prices is Rising
- 2024-03-27 SunSirs: Cost and Demand are Favorable, China PET Prices is Fluctuating and Rising in March
- 2024-03-15 SunSirs: Strong Cost Support, China PET Prices Showed an Upward Trend
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