SunSirs: The Rise in China PET Spot Prices Is a Positive Trend for the Market
November 11 2025 09:47:48 SunSirs (Selena)
Jiangsu Sanfangxiang PET reported a price of 5,720 RMB/ton, while Zhejiang Wankai PET reported a price of 5,780 RMB/ton, both of which increased compared to the previous trading day.
The article shows that the PET quotations for Sanfangxiang in Jiangsu and Wankai in Zhejiang are 5,720 RMB/ton and 5,780 RMB/ton, respectively, both of which have increased compared to the previous trading day, indicating tight supply or increased demand in the spot market, which is favorable for spot prices. Based on the data of bottle futures, such as the closing price of contract 2602 at 5,800 RMB/ton, up 26.00 RMB/ton, and the closing price of contract 2605 at 5,816 RMB/ton, up 26.00 RMB/ton, multiple main contracts are showing an upward trend, indicating that the futures market is also strengthening synchronously, supporting bullish expectations. The comprehensive factors have a positive impact on both spot and futures prices of bottle chips.
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