Commodity News
SunSirs: On March 16, the PET Market Fell in a Narrow Range
March 17 2022 10:30:29 SunSirs (John)
Product name: PET
The latest price (March 16): 8,320.00 RMB/ton
Analysis review
As of March 16, the average price of water bottle-grade PET of manufacturers was 8,320 RMB/ton. The PET market fell in a narrow range, and the overall market trend was weak. Compared with the previous day, the price dropped by 3.03%, and the focus of the negotiation was low. At present, the supply side is normal, the downstream enthusiasm is general, the demand is not good, and the purchase is mainly just needed.
Market outlook
It is expected that the PET market will be stable and weak 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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