On February 12th, PET prices in Sanfangxiang, Jiangsu were reported at 6,330 RMB/ton, while PET prices in Wankai, Zhejiang were reported at 6,320 RMB/ton, an increase from the previous trading day.
The article shows that the spot prices of PET in Sanfangxiang, Jiangsu and Wankai, Zhejiang were 6,330 RMB/ton and 6,320 RMB/ton respectively, an increase from the previous trading day, indicating an increase in demand or tight supply in the spot market, which is favorable for spot prices. According to PET bottle futures data, the settlement price of the 2605 contract on the Zhengzhou Commodity Exchange was 6,152 RMB/ton, an increase of 26 RMB from the previous trading day. The trading volume was active (49146 lots), and the position increased by 834 lots, reflecting market bullish sentiment and capital inflows, which is favorable for futures prices.
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