SunSirs--China Commodity Data Group

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SunSirs: China PET Market was Strong on January 18

January 19 2022 14:20:22     SunSirs (Selena)

Latest price (January 18): 8,000.00 RMB/ ton

As of January 18, the average price of PET water bottle manufacturers was 8,000 RMB/ ton. The overall market supply was tight, the focus of negotiation was strong, and the price increased slightly. Near the Spring Festival, the downstream actively purchased, the willingness to prepare goods was strengthened, the upstream PTA price was stable, and the supply was tight.

China PET market is expected to be strong in the short term.

 

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