SunSirs: China PET Spot Prices Fell on November 5
November 06 2025 10:20:28 SunSirs (Selena)
According to SunSirs, Jiangsu Sanfangxiang PET was quoted at 5,650 RMB/ton, and Zhejiang Wankai PET was quoted at 5,750 RMB/ton, both down from the previous trading day.
The article mentions that the PET prices from Jiangsu Sanfangxiang and Zhejiang Wankai were 5,650 RMB/ton and 5,750 RMB/ton respectively, down from the previous trading day, indicating an oversupply or weak demand in the spot market, putting downward pressure on prices in the short term. Combined with bottle-grade PET futures data, the settlement price of the main contract 2601 was 5,642 RMB/ton, down 30 RMB, with a trading volume of 35,817 lots and stable open interest, reflecting continued bearish sentiment in the market. It is expected that both spot and futures prices will continue their downward trend in the short term.
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