According to the data monitored by SunSirs, as of August 28, the price quoted by China PET water bottle manufacturers was 5,466.67 RMB/ ton, and the price of mainstream manufacturers was around 5,400-5,500 RMB/ ton. The market of polyester bottle chip in South China was narrow, and the mainstream negotiation price in the market was 5,200-5,300 RMB/ ton.
Recently, the PET market has been running steadily, but the downstream demand is not strong, and the rigid demand is the main one. At present, the PET bottle chip market in East China is stable. The price of mainstream manufacturers is around 5,400-5,450 RMB/ ton, and the negotiated price is about 5,150-5,300 RMB/ ton. At present, the price of Xiamen Tenglong is 5,400 RMB/ ton, Guangdong Taibao is 5,400 RMB/ ton, Zhuhai China Resources is 5,400 RMB/ ton, Zhejiang wankai is 5,400 RMB/ ton, Yizheng Chemical fiber is 5,350 RMB/ ton. The manufacturer's quotation is stable, the focus of negotiation is low, and just need procurement is the main thing.
The upstream PTA market is weak, the market trading atmosphere is general, crude oil prices continue to decline, there are no favorable factors, the market is dominated by contract orders, and the number of new orders is limited
The PTA commodity index on August 27 was 35.22, down 0.11 points compared with the previous day, 66.11 points lower than 103.92 points (2011-09-15), and 17.05% higher than the lowest 30.09 points on April 22, 2020. (Note: period refers to 2011-09-01 to now)
On August 27, the rubber and plastic index was 635 points, unchanged with the previous day, 40.09% lower than 1060 (2012-03-14), and 20.27% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)
PET analyst of SunSirs thinks: China PET market runs smoothly in the short term, and the focus of negotiation is low. (the above prices are provided by major PET manufacturers all over the country and analyzed by SunSirs PET analysts for reference only. Please contact relevant manufacturers for more price details.)
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