On November 14, 2025, the spot price of PET bottle flakes rose. According to data from SunSirs, the average selling price of PET was 5,812 RMB/ton.

Cost side strong push: Crude oil prices rebounded significantly on the day, with Shanghai SC crude oil futures reporting 461.2 RMB/barrel, up 1.50%. US crude oil and Brent crude oil also rose more than 2%, thanks to the end of the US government shutdown boosting market confidence and the positive news of additional production cuts announced by oil producing countries such as Saudi Arabia. As the upstream source of PTA, crude oil drove a significant increase in PTA futures prices on the same day. The TA2508 contract closed at 4,704 RMB/ton, up 60 yuan or 1.29% from the previous day. The cost of PET bottle chips is affected by the transmission of the crude oil PX PTA industry chain, and the collective price increase of upstream raw materials has laid a solid foundation for its price rise.

Small positive news on the supply side: PTA supply has been tight recently, with domestic PTA production decreasing by 29,400 tons last week compared to the previous value, and Fuhai Chuang's 4.5 million tons/year PTA plant entering the maintenance stage, which has strengthened PTA's supply support for downstream PET products. Although the supply side of PET bottle chips is generally loose, the restart rhythm of some devices after maintenance in the early stage is stable, and there is no large-scale incremental impact on the market, providing a small boost to price increases.

Weak demand side support: Currently, the industry is still in a seasonal off-season, and downstream factories are mostly rigid restocking of PET bottle chips, lacking the willingness to stock up on a large scale, and lacking the sentiment of chasing price increases. The overall market atmosphere is strong with a wait-and-see attitude. At the same time, the orders in the terminal weaving industry are only 10-20%, and inventory continues to accumulate. This weak demand situation also limits the price increase of PET bottle chips, making it difficult to see a significant jump.

Overall, SunSirs expects the PET bottle chip market to experience narrow fluctuations in the short term, and the market trend will largely depend on the performance of the cost side. If the cost side strengthens, the price of bottle slices may slightly increase accordingly; On the contrary, it faces downward pressure.

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