According to the data monitored by SunSirs, as of January 6, the price of PET water bottle was relatively strong. At present, the average price is 7,186.00 RMB/ton, which is 0.22% higher than that of the same period last week. The overall market is dominated by narrow range and strong operation. The mainstream price is about 7,100 RMB/ton, and the overall market supply and demand are balanced.

The domestic PET price rose slightly this week, with an average price of 7,186.00 RMB/ton, and the mainstream price of the quotation was about 7,100 RMB/ton. The downstream just needs to purchase, and the readiness of the goods is poor. Due to public reasons, the logistics is slow at present. Old customers arrange orders for shipment, and new customers have limited orders. The latest enterprise quotation: Nanjing Yuansu New Materials Co., Ltd. 6,950 RMB/ton, and Shanghai Hongqi Plastic Technology Co., Ltd. 7,000 RMB/ton.

Rubber and plastic commodity index: On January 5, the rubber and plastic index was 666 points, down 1 point from yesterday, down 37.17% from the highest point in the cycle 1,060 points (March 14, 2012), and up 26.14% from the lowest point 528 points on April 6, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present)

PET analysts from SunSirs believe that China PET market is expected to operate stably in the short term.

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